Arizona residential real estate highlights, home prices, and rental data from Zillow:
Arizona median listing prices and median price-per-square-foot for all home types:
- All homes: $249,000 at $131/SF.
- Single-family residential homes: $259,000 at $131/SF
- Condos: $169,900 at $136/SF
- Duplex and Triplex units: $210,000 at $102/SF
- 1-Bedroom homes: $88,250
- 2-Bedroom homes: $169,900 at $132/SF
- 3-Bedroom homes: $229,000 at $127/SF
- 4-Bedroom homes: $314,990 at $124/SF
- 5+ Bedroom homes: $445,000 at $127/SF
Arizona median rental prices and median rental price-per-square-foot:
- All homes: $1,250 at $0.80/SF
- Single-family residential: $1,250 at $0.75/SF
- Condos: $1,195 at $1.05/SF
- Duplex and Triplex units: $990 at $1.11/SF
- Multi-family residential: $900 at $1.03/SF
- 1-Bedroom homes: $870 at $1.21/SF
- 2-Bedroom homes: $1,029 at $1.00/SF
- 3-Bedroom homes: $1,200 at $0.80/SF
- 4-Bedroom homes: $1,395 at $0.68/SF
Arizona median sales prices and price-per-square-foot:
- All homes: $207,700 at $123/SF
- Single-family residential: $123/SF
- Condos: $120/SF
Arizona homes sold for a gain or loss:
- 81.9% of all homes sold above the previous home price
- 18.1% of all homes sold below the previous home price
- 13.3% of all listings had a price reduction this month with a median price cut of 2.4% (approximately $5,100)
- 13.6% of all single-family residential home listings had a price reduction this month with a median price cut of 2.4% (approximately $5,100)
- 11.8% of all condo listings had a price reduction this month with a median price cut of 2.9% (approximately $5,000)
6.7% of all homes in Arizona sold in the past 12 months.
The ZHVI (Zillow Home Value Index) rose by 7.6% over the past year, to $204,200.
Note: If any of the data is currently undisclosed, that is because the local jurisdictions currently do not share that data.
Discover more Arizona real estate news here or check out additional Zillow data.
