House Prices

Central City South Phoenix, AZ House Prices & Home Values 2026


Average Data

average house price$555,642
average size per house1838 ft²
average price per ft²317 $ / ft²

04/05/2026 - The value range (VR) for house prices in Central City South Phoenix, AZ is $301.15/ sqft to $332.85/ sqft. An average home with 1838 sqft costs approximately $578,976 to $639,921. Phoenix, AZ includes 1 ZIP codes and it is located in Maricopa county. The lowest prices are found in ZIP 85007, while the highest are in ZIP 85007. The average price per sqare feet is $317. Our analysis is based on 17 property listings.

Avergage prices by ZIP codes Central City South Phoenix

85007292 $ / ft²




Historical development of home values in Central City South Phoenix

Year Estimated value (USD) Change vs. 2025
2010 $258,050 -53.6%
2011 $248,071 -55.4%
2012 $247,403 -55.5%
2013 $256,651 -53.8%
2014 $269,413 -51.5%
2015 $283,240 -49.0%
2016 $298,021 -46.4%
2017 $314,107 -43.5%
2018 $331,472 -40.3%
2019 $346,842 -37.6%
2020 $364,772 -34.4%
2021 $414,889 -25.3%
2022 $483,667 -13.0%
2023 $510,049 -8.2%
2024 $539,557 -2.9%
2025 $555,642 0.0%

Graph: estimated home values in Central City South Phoenix over time (USD)



Example: 100% financing house in Central City South Phoenix

Loan amount: $555,642

Interest rate: 6.28%

Fixed monthly payment: $3,430.58

Breakdown in the 1st month:
Interest portion: $2,906.01  –  Principal portion: $524.58

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $34,687.82 $6,479.19 $549,162.81
2 $34,269.29 $6,897.73 $542,265.08
3 $33,823.71 $7,343.30 $534,921.77
4 $33,349.36 $7,817.66 $527,104.11
5 $32,844.36 $8,322.66 $518,781.45
6 $32,306.74 $8,860.28 $509,921.17
7 $31,734.39 $9,432.63 $500,488.55
8 $31,125.07 $10,041.95 $490,446.60
9 $30,476.39 $10,690.63 $479,755.97
10 $29,785.80 $11,381.21 $468,374.76
11 $29,050.61 $12,116.41 $456,258.35
12 $28,267.92 $12,899.09 $443,359.26
13 $27,434.68 $13,732.34 $429,626.92
14 $26,547.61 $14,619.41 $415,007.51
15 $25,603.24 $15,563.78 $399,443.74
16 $24,597.86 $16,569.15 $382,874.58
17 $23,527.54 $17,639.47 $365,235.11
18 $22,388.08 $18,778.93 $346,456.17
19 $21,175.02 $19,992.00 $326,464.18
20 $19,883.59 $21,283.42 $305,180.75
21 $18,508.74 $22,658.27 $282,522.48
22 $17,045.09 $24,121.93 $258,400.55
23 $15,486.88 $25,680.14 $232,720.41
24 $13,828.01 $27,339.00 $205,381.40
25 $12,061.99 $29,105.02 $176,276.38
26 $10,181.89 $30,985.13 $145,291.25
27 $8,180.34 $32,986.68 $112,304.58
28 $6,049.50 $35,117.52 $77,187.05
29 $3,781.00 $37,386.01 $39,801.04
30 $1,365.98 $39,801.04 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Central City South Phoenix, AZ


1500 sqft3900 sqft
Ø selling price$601,822$1,280,239
Ø fast selling$547,111$1,152,215
Ø high price sale$656,533$1,408,262

In 2026, houses in Central City South Phoenix, AZ will be offered at an average price of $317 per square foot. A 1,500 sqft home priced at $601,822 is 24.06% more expensive per square foot than a 3,900 sqft home priced at $1,280,239. Home prices in Central City South Phoenix, AZ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $886,319. Sellers who can wait longer may achieve a higher price of up to $1,083,279.


Central City South, Phoenix AZ Neighborhood Guide

Location and Connectivity

Central City South is a historic, centrally located neighborhood just southwest of Downtown Phoenix in Phoenix, AZ. Residents benefit from quick access to I-17, I-10, and major bus and light rail connections,
making commuting to downtown and Sky Harbor International Airport straightforward.

Housing and Real Estate

The area's real estate market features a mix of older single-family homes, apartments, and revitalizing infill projects that appeal to budget-conscious renters and first-time buyers. Ongoing redevelopment and community investment continue to add housing options while preserving the neighborhood?s character.

Lifestyle and Amenities

Proximity to downtown arts, dining, and sports venues means residents enjoy big-city attractions with a neighborhood feel. Local parks, community centers, and small businesses anchor daily life,
and essential services are minutes away.

Employment and Education

Major employers in the central corridor and nearby warehouse districts provide diverse job opportunities across logistics, healthcare, government, and hospitality. Families appreciate access to public, charter, and magnet schools, with higher education and workforce training available in the greater downtown area.

Community and Future Outlook

Central City South has a strong community identity, with neighborhood organizations focused on safety, walkability, and inclusive growth. Looking ahead, planned infrastructure upgrades and smart growth policies aim to enhance affordability, mobility, and quality of life for residents.



FAQ – Home Values in Central City South Phoenix

What is the median home value in Central City South Phoenix in 2026?

In 2026, the typical home value in Central City South Phoenix is about $555,642 for an average home size of 1838 square feet. This corresponds to an average price of roughly $317 per square foot.

What is the average cost per square foot in Central City South Phoenix?

In 2026, homes in Central City South Phoenix sell for an average of around $317 per square foot, with a typical range between $301.15 and $332.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Central City South?

The average home size in Central City South Phoenix is about 1838 square feet, with an estimated 2026 value around $555,642.



Neighborhoods close to Central City South Phoenix, AZ

Stetson Hills Phoenix, AZ178 $ / ft²
Sunrise Canyon Apache Junction, AZ173 $ / ft²
Acacia Crossings Maricopa, AZ147 $ / ft²
Roosevelt Historic District Phoenix, AZ242 $ / ft²




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