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Phoenix, AZ
Full City Profile · Arizona · Maricopa County County
3.1
/5.0
B
Good
1,624,832
Population
3,135/sq mi density
$77,041
Median Income
$40,309 per capita
$381,900
Home Value
$407,665 Zillow
$1,458
Median Rent
30.4% income on rent
74°F
Avg Temperature
351 sunny days/yr
699
Violent Crime/100K
3,315 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$77,041 median income, 3.5% unemployment
B+
Affordability
3.9 / 5.0
$381,900 home value, $1,458/mo rent
F
Safety
1.0 / 5.0
699 violent crimes/100K (84% above avg)
B+
Education
3.6 / 5.0
32.3% bachelor's degree or higher
Housing Overview
Median Home Value
$381,900
35% above
US avg: $281,900
Median Rent
$1,458/mo
25% above
US avg: $1,163/mo
Homeownership Rate
57.1%
13% below US avg (65.4%)
Total Housing Units
633,863
Median year built: 1984
Home Value by Source
Census Median
$381,900
Zillow (ZHVI)
$407,665
Median Sale Price
$460,900
Median List Price
$498,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.1%
Owner-Occupied
42.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Census median rent:
$1,458/mo
· Zillow rent:
$1,556/mo
Market Indicators (Redfin)
Median Days on Market
62 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1,233
Price Drops
29.7%
of listings with price reduction
Price Per Sq Ft
$279
Active Inventory
5,506
homes for sale
Affordability & Housing Stock
Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
57.1%
Complete Housing Data
Home Values
| Census Median Value | $381,900 |
| Zillow Home Value (ZHVI) | $407,665 |
| Median Sale Price | $460,900 |
| Median List Price | $498,750 |
| Price Per Sq Ft | $279 |
Rent
| Census Median Rent | $1,458 |
| Zillow Rent (ZORI) | $1,556 |
| FMR Studio | $1,053 |
| FMR 1-Bedroom | $1,151 |
| FMR 2-Bedroom | $1,419 |
| FMR 3-Bedroom | $1,889 |
| FMR 4-Bedroom | $2,158 |
Market
| Days on Market | 62 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 29.7% |
| Homes Sold | 1,233 |
| Active Inventory | 5,506 |
| Price Per Sq Ft | $279 |
Ownership & Stock
| Owner-Occupied | 57.1% |
| Renter-Occupied | 42.9% |
| Homeownership Rate | 57.1% |
| Total Housing Units | 633,863 |
| Median Year Built | 1984 |
| Rent Burden | 30.4% |