The South Phoenix housing market is somewhat competitive. Homes in South Phoenix receive 2 offers on average and sell in around 45 days. The median sale price of a home in South Phoenix was $450K last month, up 9.8% since last year. The median sale price per square foot in South Phoenix is $251, up 1.2% since last year.
What is the housing market like in South Phoenix today?
In April 2024, South Phoenix home prices were up 9.8% compared to last year, selling for a median price of $450K. On average, homes in South Phoenix sell after 45 days on the market compared to 60 days last year. There were 762 homes sold in April this year, down from 841 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
+9.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
South Phoenix, AZ
$450,000
+9.8%
United States
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How hot is the South Phoenix housing market?
South Phoenix is somewhat competitive. Homes sell in 43 days.
0
100
55
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 43 days.
Hot homes
can sell for around list price and go pending in around 21 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Phoenix housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Phoenix.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Phoenix has a minor risk of flooding. 2,275 properties in South Phoenix are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in South Phoenix. Flood risk is increasing slower than the national average.
82% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Phoenix has a severe risk of wildfire. There are 81,211 properties in South Phoenix that have some risk of being affected by wildfire over the next 30 years. This represents 82% of all properties in South Phoenix.
South Phoenix has minimal risk of severe winds over the next 30 years
Wind Factor
South Phoenix has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.