Are Prices Falling in the Phoenix-Mesa-Chandler, AZ Metro Area?

Phoenix-Mesa-Chandler, AZ home prices are down 1.1% year-over-year

OpenRoof Score

Insufficient data

Not enough trustworthy data to score this market yet. OpenRoof Score requires coverage across multiple index dimensions.

Key Market Data — Phoenix-Mesa-Chandler, AZ

Median Home Value

510,708

Source: Zillow ZHVI

Home Value YoY

-1

Source: Zillow ZHVI

Avg Monthly Rent

1,832

Source: Zillow ZORI

Rent YoY

-0

Source: Zillow ZORI

Related Markets

Get the monthly housing market digest

Home value trends, fastest-moving markets, and key data points — free, once a month.

No spam. Unsubscribe any time.

Data sources: Zillow ZHVI (home values, updated mid-month), Zillow ZORI (rent, updated mid-month), Realtor.com (inventory, days on market, updated 1st week of month), U.S. Census ACS (income, population, updated annually). Data as of April 2026.