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
$166,200
2023
$367,700
Total change
+$201,500
% change
+121.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $166,200 | — |
| 2019 | $188,400 | +$22,200 (13.4%) |
| 2020 | $207,300 | +$18,900 (10%) |
| 2021 | $236,500 | +$29,200 (14.1%) |
| 2022 | $318,600 | +$82,100 (34.7%) |
| 2023 | $367,700 | +$49,100 (15.4%) |