House Prices

Downtown Phoenix Phoenix, AZ House Prices & Home Values 2026


Average Data

average house price$495,046
average size per house1620 ft²
average price per ft²292 $ / ft²

04/05/2026 - The value range (VR) for house prices in Downtown Phoenix Phoenix, AZ is $277.4/ sqft to $306.6/ sqft. An average home with 1620 sqft costs approximately $428,717 to $473,845. Phoenix, AZ includes 1 ZIP codes and it is located in Maricopa county. The lowest prices are found in ZIP 85003, while the highest are in ZIP 85003. The average price per sqare feet is $292. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Downtown Phoenix Phoenix

85003232 $ / ft²




Historical development of home values in Downtown Phoenix Phoenix

Year Estimated value (USD) Change vs. 2025
2010 $229,908 -53.6%
2011 $221,018 -55.4%
2012 $220,423 -55.5%
2013 $228,662 -53.8%
2014 $240,032 -51.5%
2015 $252,351 -49.0%
2016 $265,520 -46.4%
2017 $279,851 -43.5%
2018 $295,323 -40.3%
2019 $309,017 -37.6%
2020 $324,991 -34.4%
2021 $369,643 -25.3%
2022 $430,920 -13.0%
2023 $454,426 -8.2%
2024 $480,715 -2.9%
2025 $495,046 0.0%

Graph: estimated home values in Downtown Phoenix Phoenix over time (USD)



Example: 100% financing house in Downtown Phoenix Phoenix

Loan amount: $495,046

Interest rate: 5.72%

Fixed monthly payment: $2,880.78

Breakdown in the 1st month:
Interest portion: $2,361.37  –  Principal portion: $519.41

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $28,170.28 $6,399.11 $488,646.89
2 $27,794.23 $6,775.16 $481,871.73
3 $27,396.09 $7,173.31 $474,698.43
4 $26,974.54 $7,594.85 $467,103.58
5 $26,528.22 $8,041.17 $459,062.41
6 $26,055.68 $8,513.71 $450,548.69
7 $25,555.36 $9,014.03 $441,534.66
8 $25,025.65 $9,543.75 $431,990.92
9 $24,464.80 $10,104.59 $421,886.32
10 $23,870.99 $10,698.40 $411,187.92
11 $23,242.29 $11,327.10 $399,860.83
12 $22,576.65 $11,992.74 $387,868.08
13 $21,871.88 $12,697.51 $375,170.57
14 $21,125.70 $13,443.69 $361,726.89
15 $20,335.68 $14,233.72 $347,493.17
16 $19,499.22 $15,070.17 $332,423.00
17 $18,613.61 $15,955.78 $316,467.21
18 $17,675.95 $16,893.44 $299,573.77
19 $16,683.20 $17,886.20 $281,687.58
20 $15,632.10 $18,937.29 $262,750.28
21 $14,519.23 $20,050.16 $242,700.13
22 $13,340.97 $21,228.42 $221,471.70
23 $12,093.46 $22,475.93 $198,995.77
24 $10,772.65 $23,796.75 $175,199.03
25 $9,374.21 $25,195.18 $150,003.85
26 $7,893.60 $26,675.80 $123,328.05
27 $6,325.97 $28,243.42 $95,084.63
28 $4,666.22 $29,903.17 $65,181.46
29 $2,908.94 $31,660.45 $33,521.01
30 $1,048.39 $33,521.01 $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 Downtown Phoenix Phoenix, AZ


1500 sqft3900 sqft
Ø selling price$505,601$1,075,552
Ø fast selling$459,638$967,996
Ø high price sale$551,565$1,183,107

In 2026, houses in Downtown Phoenix Phoenix, AZ will be offered at an average price of $292 per square foot. A 1,500 sqft home priced at $505,601 is 21.94% more expensive per square foot than a 3,900 sqft home priced at $1,075,552. Home prices in Downtown Phoenix 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 $744,613. Sellers who can wait longer may achieve a higher price of up to $910,082.


Downtown Phoenix Neighborhood Guide, Phoenix, AZ

Overview

Downtown Phoenix in Phoenix, AZ is the vibrant urban core known for its modern skyline, desert light, and buzzing street life.
Anchored by the Phoenix Convention Center and CityScape, the district blends business, culture, and entertainment in a walkable grid.
Visitors and residents love its mix of restaurants, murals, and year-round events under the region's abundant sunshine.

Attractions & Things to Do

Sports fans flock to Footprint Center and Chase Field, while culture seekers explore Heritage Square, the Arizona Science Center, and the historic Orpheum Theatre.
The nearby Roosevelt Row arts district adds galleries, street art, and First Fridays that spill into the core.
Dining and nightlife thrive at CityScape, along Washington and Jefferson streets, and in chef-driven spots that showcase Sonoran flavors.
A growing student presence from the Arizona State University Downtown Campus fuels coffee shops, coworking hubs, and innovation.

Transit & Living

Getting around is easy via the Valley Metro light rail, plentiful bike lanes and scooters, and quick access to Sky Harbor International Airport.
Housing and real estate options range from luxury high-rise apartments and historic loft conversions to new condos, appealing to professionals seeking an urban lifestyle.
With abundant sunshine, public art, and a packed events calendar, Downtown Phoenix is one of the most dynamic places to live, work, and play in Phoenix, AZ.



FAQ – Home Values in Downtown Phoenix Phoenix

What is the median home value in Downtown Phoenix Phoenix in 2026?

In 2026, the typical home value in Downtown Phoenix Phoenix is about $495,046 for an average home size of 1620 square feet. This corresponds to an average price of roughly $292 per square foot.

What is the average cost per square foot in Downtown Phoenix Phoenix?

In 2026, homes in Downtown Phoenix Phoenix sell for an average of around $292 per square foot, with a typical range between $277.4 and $306.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown Phoenix?

The average home size in Downtown Phoenix Phoenix is about 1620 square feet, with an estimated 2026 value around $495,046.



Neighborhoods close to Downtown Phoenix Phoenix, AZ

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