Phoenix Homes for Sale

Phoenix Homes for SaleWith 1,660,272 people, 555,013 houses or apartments, and a median cost of homes of $255,505, Phoenix real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Phoenix, accounting for 61.13% of the city’s housing units. Other types of housing that are prevalent in Phoenix include large apartment complexes or high rise apartments ( 25.17%), duplexes, homes converted to apartments or other small apartment buildings ( 6.31%), and a few row houses and other attached homes ( 4.17%).

The most prevalent building size and type in Phoenix are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.15% owning and 46.85% renting.

There is a lot of housing in Phoenix built from 1970 to 1999 so parts of town may have that “Brady Bunch” look of homes popular in the ’70s and early ’80s, although some of these houses were built up through the early ’90s as well. There is also a lot of housing in Phoenix built between 1940-1969 ( 24.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.40%). There’s also some housing in Phoenix built before 1939 ( 1.87%).

PHOENIX HOME APPRECIATION RATES

In the last 10 years, Phoenix has experienced some of the highest home appreciation rates of any community in the nation. Phoenix real estate appreciated 139.72% over the last ten years, which is an average annual home appreciation rate of 9.14%, putting Phoenix in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Phoenix definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Phoenix that despite a nationwide downturn in the housing market, Phoenix real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Phoenix appreciation rates continue to be some of the highest in America, at 8.24%, which is higher than appreciation rates in 95.43% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Phoenix. Phoenix appreciation rates in the latest quarter were at 2.42%, which equates to an annual appreciation rate of 10.02%.

Importantly, NeighborhoodScout’s exclusive research found that Phoenix’s housing market shows one of the top real estate appreciation rates in the U.S.A. in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Arizona, our data show that Phoenix’s latest annual appreciation rate is higher than 80% of the other cities and towns in Arizona.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Phoenix differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Phoenix – or in any city or town – that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Phoenix real estate investment or home purchase decisions.

This information is provided to you by: https://www.neighborhoodscout.com/az/phoenix/real-estate#description

Find real estate for sale in Phoenix and surrounding areas by selecting from our results below, or by entering your search criteria.

 

Phoenix Neighborhoods

Abel's AcreAccoladeAcoma ParkAdobe Highlands
Adobe Mountain EstatesAhwatukeeAire LibreAlicia Park
Aloma VistaAlta AreaAlta VistaAltadena Park
Amber HillsAmberleaAndanteArcadia
Arizona CarouselArizona HeightsArroyo CrossingArroyo Rojo
Artisan ParkviewASU WestAutumn HillsAvalon
AvanceAvanteAviano at Desert RidgeBarcelona
Bartlett Heard RanchBeatitudes CampusBel AirBell Estates 2
Bell RidgeBell RoadBell TowerBella Casa Manor
Bella Piedras ParkBella SeraBella Terra and Beacon PlaceBellvue
BelmontBenchmarkBerkeleyBerkshire
Bethany EastBethany SquareBeverly Park & WrigleyBiltmore
Black Canyon VillageBlue HillsBrandywineBreckenridge
Brick CommonsBrighton ParkBristol CourtBroadstone
Brophy EstatesBusiness ParkButler DriveCabana on Washington
Cabrillo Canyon 4Cactus WrenCalle De OroCalvary
Camelback EastCampo BelloCampus VistaCanal North
Canal WatchCandle CreekCanyon EstatesCanyon Retreat
Canyon SpringsCarden as Villas at YancheCarefree CrossingCarnation
Casa Del RockridgeCatalina Village Home ParkCavalier CampusCave Creek Park
Central City SouthCentral Park VillageCholla Cove ParkCinderella Meadows
Citrus HeightsCitrus Mountain EstatesClarendonCleaning
Cliffs at North CanyonCobble StoneColter CommonsCopper Glen
Copper LeafCopper SquareCoral Gables EstatesCordova
CoronaCotton CenterCountry GablesCountry Place
Country Ridge & Ridgewood AcresCourtney VillageCourtyard VillageCox Meadows
Cox VillageCoyote Basin ViewCrescent ButteCresta Del Oro
Crimson CanyonCrimson MountainCrystal CanyonCrystal Point Condos
Crystal TerraceCulverCypress RidgeDeer Valley North
Del Monte EstatesDel Norte PlaceDennis ManorDesert Club Apartments
Desert GardenDesert HillsDesert HorizonDesert Peak
Desert Ridge NEDesert RoseDesert SpringsDesert Valley Estates
Desert Vista LibertyDesert WestDesert Wind EstatesDiamond Ridge II
Dobbins CreekDomicile AcresDove CanyonDowntown
Dream CreekDurango CountyDynamite Mountain RanchE Bowker
E ElwoodEagle CoveEagle RidgeEagle Summit
East Monte CristoEast SunnyslopeEastwood East EarllEl Prado Community
Eleven PalmsElliott HomesElsinore PlaceEmbarcadero
Encanto ManorEpworth ParkEquestrian EstatesEstate Antigua
Estates at The RanchEstates on MarylandEvans-ChurchillF.Q. Story
Fairview PlaceFairwoodFalconFiore
FiresideFlatFleetwood IIFoote Addition
Freeway ParkFoothills NorthFountains in the GreenFrances Park
Gardens & Park Ridge at S MtnGarfieldGatewayGlendale/Northern
Glenrosa/57th AveGoldenrodGoldwaterGranada
Grand Canyon UniversityGrandviewGrant ParkGreater Granville
Green GablesGreenbrier EastGreenspointGreentrails
Greenway SpringsGroversHangar HaciendaHappy Valley
HarmonyHeather GroveHidden CanyonHighland Estates
Highline EstatesHighline RanchHillcrestHillside
Hoffman TerraceHoliday ParkHomedaleHomeside Acres
Hoshoni ParkHospital HillHunter RidgeIsaac
John JacobsJoy Ranch/Cave CreekKelton TerraceKuban
La CrescentaLa ManchaLa MoradaLa Pradera
LakewoodLarkspur SchoolLas ColinasLaveen
LegacyLexingtonLincoln HillsLindo Park II
Liv North ValleyLoma LindaLongview EastLookout Mountain Park
Lori HeightsLos VecinosLynwoodMadison Groves
Madison ParkMadison RoseMandarinaManzanita Center
Manzanita FarmsMarivue ParkManzanita ManorMarble Creek
MarconiMargarita PlaceMarion EstatesMarlette Acres
Preserve at Boulder Mt.Marshall ParkwayMaryland ParkMayo Ridge Manor
McdowellMeadows Apt
Medlock Place Historic
Melrose
MeridianMerit EstatesMesquite CanyonMidtown Museum District
Millennium EstatesMineral CanyonMohaveMontage Condominium
Monte Verde ApartmentsMontebelloMontecitoMonterey Ridge
MontevidaMontierra Shadow MountainMoon MountainMoon Ridge
Moon ValleyMoonlight CoveMoonlight GlenMoonridge Estates
Morlen MeadowsMorningsideMountain CoveMountain Grove
Mountain Park RanchMountain Terrace NorthMountain TrailsMountain View
Mountain VistaMountaingate IMountain Park RanchMountainview Ranch
OaklandOakleaf CanalOasis Arts DistrictOasis West
Ocotillo GlenOcotillo HillsOkemah AcresOrangaire Villas
OrangedaleOrangewoodOsbornPalm Aire Apartments
Palm Lakes VillagePaloverdePapagoParadise Lane
Paradise ParcsideParadise ParkParadise PlazaParadise Ridge
Paradise ValleyParadise VillagePark HillPark Meadows
ParksideParque Vista EstatesPasadena NeighborhoodPaseo Hills
Patio Homes EastPendergast DistrictPepper RidgePeters View
PetesPierce Park VillagePierce Unified NeighborhoodPierson Place Historic District
Piestewa PeakPinnacle at South Mt.MarowPointe Tapatio
Pomelo ParkPonderosa Homes NorthPremiere at Summer BreezePreserve at Boulder Mt.
PrideRancho VenturaRavenswoodRedhawk
Renaissance ParkRhythm HomesRidge CreekRidgefield
RiverbendRobinhood Acres/SilvertreeRoeser ParkRoma Rablers
Roman Roads CondominiumsRoosevelt HistoricRoosevelt/39thRoseley
Rosewood VillageRoyal PalmSaddle Rock HillsSan Estrella Estates
San JuanSan MeliaSan PedregalSan Simeon Condominiums
San's HomesSands CentralSanta Cruz/Cortez CanyonSanta Maria Canyon
SantiagoSaversScarlett CanyonScottsdale
Seis PalmasShadow Rock / Gold KeyShadowridgeSharondale
SheelySherwood VillageSierra PrietaRoosevelt Historic
Silverthorn EstatesSimpsonSky CrossingSky Harbor
Skyline VistaSolano ParkSouth CentralSouth Mnt
South RanchSouthern HillsSouthglenSPARC
Spectra on 7thSports Ranch VillageSquaw PeakSt Francis
St GregoryStardusterStetson HillsStone Butte
Stonebridge at Dynamite Mtn RnchStonebridge at PVSummit RidgeSuncrest At Rio Montana
Sunview EstatesSurrey ParkSweetwaterTatum Lane
Terraces at North CanyonTerracinaTerracitaThe Arbors
The CarlyleThe Cove at North CanyonThe Grand Resort DistrictThe Meadows
The Pines at the RavenThe RiverwalkThe TriangleThunderbird Mountain
Tierra BuenaTierra CourtTierra RosaTierra Villa
Tomahawk VillageTonopah Heights PlusTop of SheaToscana Lakeside
TrailwoodTramontoTre Bellavia CondominiumTre Campana
Tre CollinaTrovareTurf Mobile EstatesTurf Paradise
Turf VillageTurney and Indian SchoolTurtle CreekUnion Hills
Upshaw Desert HeightsUtopia EstatesValenciaValle Cita
Valle VenadoValley VistaVan BurenVaseo
Ventura VistaVerbena DriveVia BellezzaVilla Capistrano

Just Listed Phoenix Homes for sale


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