The Phoenix housing market is somewhat competitive. The median sale price of a home in Phoenix was $101K last month, up 43.6% since last year. The median sale price per square foot in Phoenix is $79, down 44.0% since last year.
In March 2024, Phoenix home prices were up 43.6% compared to last year, selling for a median price of $101K. On average, homes in Phoenix sell after 27 days on the market compared to 6 days last year. There were 4 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$100,500
+43.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Phoenix, FL
$100,500
+43.6%
United States
To compare other locations to the Phoenix and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Jacksonville add value to a home.
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How hot is the Phoenix housing market?
Phoenix is somewhat competitive. Homes sell in 26.5 days.
0
100
39
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 12 months
Some homes get multiple offers.
The average homes sell for about 9% below list price and go pending in around 27 days.
Hot homes
can sell for around list price and go pending in around 7 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.6%
+9.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Phoenix, FL
97.6%
+9.8 pt
United States
Home offer insights for Phoenix
Explore recent offers and recently sold homes in Phoenix
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 Phoenix housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Phoenix.
Risk Factor
Flood Factor - Moderate
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Phoenix has a moderate risk of flooding. 94 properties in Phoenix are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Phoenix. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Phoenix has a minor risk of wildfire. There are 7 properties in Phoenix that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Phoenix.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Phoenix has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Phoenix is most at risk from hurricanes. 868 properties in Phoenix have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 151 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 161 mph.