Phoenix city: Median Home Value Trend
How Phoenix city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$197,800
2023
$381,900
Total change
+$184,100
% change
+93.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $197,800 | — |
| 2019 | $235,400 | +$37,600 (19%) |
| 2020 | $250,800 | +$15,400 (6.5%) |
| 2021 | $277,700 | +$26,900 (10.7%) |
| 2022 | $340,200 | +$62,500 (22.5%) |
| 2023 | $381,900 | +$41,700 (12.3%) |