The Central Phoenix housing market is somewhat competitive. Homes in Central Phoenix receive 2 offers on average and sell in around 48 days. The median sale price of a home in Central Phoenix was $485K last month, up 20.5% since last year. The median sale price per square foot in Central Phoenix is $342, up 8.9% since last year.
What is the housing market like in Central Phoenix today?
$485K
Sale Price
+20.5% since last year
$342
Sale $/Sq. Ft.
+8.9% since last year
Under List Price
2.4%
Days on Market
48
Down Payment
17.0%
Total Homes Sold
358
To compare other locations to the Central Phoenix and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Phoenix add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Central Phoenix housing market?
Central Phoenix is somewhat competitive. Homes sell in 48 days.
0
100
45
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 2% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 21 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Madison Traditional Academy
Public • K-8 • Choice school
821
Students
20 reviews
10/10
Cherokee Elementary School
Public • PreK-5 • Choice school
682
Students
37 reviews
10/10
Alhambra Traditional School
Public • K-8 • Choice school
772
Students
36 reviews
9/10
Hopi Elementary School
Public • K-5 • Choice school
742
Students
22 reviews
8/10
Magnet Traditional School
Public • K-8 • Choice school
476
Students
6 reviews
Only showing 5 of
89 elementary schools.
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 Central Phoenix housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Phoenix.
Risk Factor
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Phoenix has a minor risk of flooding. 79 properties in Central Phoenix are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Central Phoenix. Flood risk is increasing faster than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Phoenix has a major risk of wildfire. There are 1,706 properties in Central Phoenix that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Central Phoenix.
Central Phoenix has minimal risk of severe winds over the next 30 years
Wind Factor
Central 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.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Central Phoenix has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Central Phoenix have an Extreme Heat Factor®.
Central Phoenix is expected to see a 171% increase in the number of days over 112ºF over the next 30 years. Central Phoenix is expected to experience 7