Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Top Tier Zillow home value index (ZHVI) for All Homes in the Phoenix, AZ Metro in February 2026 was $727,027.794. The month over month percentage change (MoM) was 0.30%, and the year over year percentage change (YoY) was -0.31%.

The chart below shows the trend of the top tier ZHVI for all homes in the Phoenix, AZ metro. The table below shows the trend of the top tier ZHVI, and the MoM and YoY percentage changes for all homes in the Phoenix, AZ metro.

You can see similar information for other US metros, and for the United States.

Note: The Top Tier Zillow Home Value Index (ZHVI) for all Homes is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 65th to 95th percentile range.

Data Source: Zillow.
Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier ($)
Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 365661.5910149479 0.17 2.43
Feb 2015 366736.7491418179 0.29 1.85
Mar 2015 368344.0326505728 0.44 1.41
Apr 2015 369647.6300356751 0.35 1.26
May 2015 371113.929825833 0.40 1.42
Jun 2015 372497.55507579277 0.37 1.75
Jul 2015 374328.99133608496 0.49 2.32
Aug 2015 376416.6919834367 0.56 2.97
Sep 2015 378953.301363453 0.67 3.69
Oct 2015 381522.46571220603 0.68 4.47
Nov 2015 383909.63783655496 0.63 5.13
Dec 2015 385849.4810667534 0.51 5.70
Jan 2016 388301.78238511767 0.64 6.19
Feb 2016 390383.4624671009 0.54 6.45
Mar 2016 391639.0540281879 0.32 6.32
Apr 2016 391876.3942256843 0.06 6.01
May 2016 392064.4030078159 0.05 5.65
Jun 2016 392650.2280625587 0.15 5.41
Jul 2016 393390.8713875475 0.19 5.09
Aug 2016 393996.39926280826 0.15 4.67
Sep 2016 394770.7069193543 0.20 4.17
Oct 2016 395683.77006741654 0.23 3.71
Nov 2016 396732.5278329556 0.27 3.34
Dec 2016 398041.2368884292 0.33 3.16
Jan 2017 399290.11199367646 0.31 2.83
Feb 2017 400938.19082491053 0.41 2.70
Mar 2017 402708.3810315413 0.44 2.83
Apr 2017 404697.57465827256 0.49 3.27
May 2017 406314.2759168974 0.40 3.64
Jun 2017 407826.90342533047 0.37 3.87
Jul 2017 409324.4106572061 0.37 4.05
Aug 2017 411195.504952465 0.46 4.37
Sep 2017 413358.8487587537 0.53 4.71
Oct 2017 415460.92573442654 0.51 5.00
Nov 2017 416927.041760408 0.35 5.09
Dec 2017 418168.57790606987 0.30 5.06
Jan 2018 419860.7465836006 0.41 5.15
Feb 2018 422028.7398634162 0.52 5.26
Mar 2018 424316.0192925097 0.54 5.37
Apr 2018 426407.8527343937 0.49 5.37
May 2018 429035.7050624704 0.62 5.59
Jun 2018 431906.8731211154 0.67 5.90
Jul 2018 435265.58308598056 0.78 6.34
Aug 2018 438235.46058099094 0.68 6.58
Sep 2018 441190.6503358308 0.67 6.73
Oct 2018 443599.08314602944 0.55 6.77
Nov 2018 445725.5916748475 0.48 6.91
Dec 2018 447363.82920848037 0.37 6.98
Jan 2019 448830.57897874195 0.33 6.90
Feb 2019 450380.3488515069 0.35 6.72
Mar 2019 451824.48042775434 0.32 6.48
Apr 2019 453157.5445342119 0.30 6.27
May 2019 454072.99290461675 0.20 5.84
Jun 2019 454885.3839841746 0.18 5.32
Jul 2019 455644.13039505965 0.17 4.68
Aug 2019 457066.95442714234 0.31 4.30
Sep 2019 459288.4272754903 0.49 4.10
Oct 2019 462023.31062275404 0.60 4.15
Nov 2019 465055.060308388 0.66 4.34
Dec 2019 467963.1984710338 0.63 4.61
Jan 2020 471444.40189749113 0.74 5.04
Feb 2020 475206.1591753432 0.80 5.51
Mar 2020 479499.8311572401 0.90 6.13
Apr 2020 483326.46010510327 0.80 6.66
May 2020 485882.6971407721 0.53 7.01
Jun 2020 487656.2620598191 0.37 7.20
Jul 2020 490022.5233465961 0.49 7.55
Aug 2020 494590.6989499587 0.93 8.21
Sep 2020 501777.20042877673 1.45 9.25
Oct 2020 510409.1002692937 1.72 10.47
Nov 2020 519720.80641799467 1.82 11.76
Dec 2020 528610.0081539011 1.71 12.96
Jan 2021 537187.7900039853 1.62 13.95
Feb 2021 546314.1159614809 1.70 14.96
Mar 2021 557227.9692861453 2.00 16.21
Apr 2021 570782.4248930506 2.43 18.10
May 2021 587446.4255161859 2.92 20.90
Jun 2021 605560.2177426344 3.08 24.18
Jul 2021 622428.9462926541 2.79 27.02
Aug 2021 636250.7882256134 2.22 28.64
Sep 2021 647291.5218163027 1.74 29.00
Oct 2021 657001.9633311351 1.50 28.72
Nov 2021 666121.0598012997 1.39 28.17
Dec 2021 674631.8947936235 1.28 27.62
Jan 2022 684326.1309674229 1.44 27.39
Feb 2022 696399.4681003032 1.76 27.47
Mar 2022 712521.5402366995 2.32 27.87
Apr 2022 730890.3072744599 2.58 28.05
May 2022 749037.6044251713 2.48 27.51
Jun 2022 763142.0751200601 1.88 26.02
Jul 2022 768964.7379244999 0.76 23.54
Aug 2022 765506.2666063119 -0.45 20.32
Sep 2022 754947.5058005837 -1.38 16.63
Oct 2022 743381.1167350669 -1.53 13.15
Nov 2022 731730.3137115557 -1.57 9.85
Dec 2022 720679.6907957527 -1.51 6.83
Jan 2023 709358.2552113784 -1.57 3.66
Feb 2023 700802.7035806176 -1.21 0.63
Mar 2023 696403.8316625966 -0.63 -2.26
Apr 2023 695966.9394154622 -0.06 -4.78
May 2023 698213.6647085639 0.32 -6.78
Jun 2023 702065.9780220743 0.55 -8.00
Jul 2023 706814.4151453506 0.68 -8.08
Aug 2023 711583.1291821884 0.68 -7.04
Sep 2023 715768.7030011145 0.59 -5.19
Oct 2023 719735.6325546756 0.55 -3.18
Nov 2023 722969.6223701079 0.45 -1.20
Dec 2023 724632.2046252169 0.23 0.55
Jan 2024 724818.8305917451 0.03 2.18
Feb 2024 725420.2430227207 0.08 3.51
Mar 2024 728179.4766514044 0.38 4.56
Apr 2024 732080.3947789144 0.54 5.19
May 2024 735529.8309174748 0.47 5.35
Jun 2024 736271.6279074528 0.10 4.87
Jul 2024 735334.4254640351 -0.13 4.04
Aug 2024 733363.576952852 -0.27 3.06
Sep 2024 731986.1033006032 -0.19 2.27
Oct 2024 731447.8080900642 -0.07 1.63
Nov 2024 731545.111858502 0.01 1.19
Dec 2024 731684.7785069296 0.02 0.97
Jan 2025 730912.9108807108 -0.10 0.84
Feb 2025 729278.0985074757 -0.22 0.53
Mar 2025 727379.8811381873 -0.26 -0.11
Apr 2025 726225.2162516714 -0.16 -0.80
May 2025 725067.0941861261 -0.16 -1.42
Jun 2025 723529.645192844 -0.21 -1.73
Jul 2025 721245.9236558886 -0.32 -1.92
Aug 2025 719058.1961298945 -0.30 -1.95
Sep 2025 717877.6812142883 -0.16 -1.93
Oct 2025 717997.2925710258 0.02 -1.84
Nov 2025 719582.0356148946 0.22 -1.63
Dec 2025 722149.5516708479 0.36 -1.30
Jan 2026 724881.5104082697 0.38 -0.82
Feb 2026 727027.7939234021 0.30 -0.31