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Phoenix Housing Market Report: August 2026

Verified market data for Phoenix, Maricopa County, updated twice weekly by Incyte Realty.

As of August 2026, the median home price in Phoenix, Arizona is $450,000, a change of +2.27% year over year, with homes averaging 67 days on market. Conditions currently favor a buyer's market. Data compiled by Incyte Realty from redfin.com and realtor.com and homes.com, as of 2026-07.

$450,000
Median Home Price
67
Avg Days on Market
buyer's market
Current Conditions
+2.27%
Year over Year
Market data last updated: 2026-08-24 · Sources: redfin.com, realtor.com, homes.com · Phoenix figures as of 2026-07

Phoenix vs. Maricopa County

The median home price in Phoenix is $450,000, against a Maricopa County median of $504,900. Homes here average 67 days on market, versus 73 days county-wide. County inventory is currently low with a stable trend.

Phoenix vs. Maricopa CountyMedian home price. Verified figures; see the update date above.
View as data table
AreaMedian home price
Phoenix$450K
Maricopa County median$505K
Median price across Maricopa County citiesPhoenix highlighted. Top cities by verified median.
View as data table
AreaMedian home price
Paradise Valley$3.1M
Carefree$1.3M
Scottsdale$1.2M
Cave Creek$1.0M
Fountain Hills$741K
Queen Creek$659K
Gilbert$600K
Litchfield Park$537K
Chandler$520K
Anthem$511K
Peoria$495K
Goodyear$483K

Frequently Asked Questions

What is the median home price in Phoenix, Arizona?+
The median home price in Phoenix is $450,000 as of 2026-07, +2.27% year over year. For comparison, the Maricopa County median is $504,900.
How long do homes take to sell in Phoenix?+
Homes in Phoenix currently average 67 days on market, compared with 73 days across Maricopa County. Figure as of 2026-07.
Is Phoenix a buyer's or seller's market right now?+
Phoenix currently shows buyer's market conditions with an average of 67 days on market. Market conditions are reassessed twice weekly from redfin.com and realtor.com and homes.com.

Planning a move? Read the full Phoenix community guide for neighborhoods, schools, and things to do, or return to the full metro market report.

Ready to look at actual listings?Browse live homes for sale in Phoenix on Incyte Realty's search, updated in real time.
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