House Prices

Monterey Ridge Phoenix, AZ House Prices & Home Values 2026


Average Data

average house price$361,940
average size per house1353 ft²
average price per ft²276 $ / ft²

04/05/2026 - The value range (VR) for house prices in Monterey Ridge Phoenix, AZ is $262.2/ sqft to $289.8/ sqft. An average home with 1353 sqft costs approximately $365,400 to $403,863. Phoenix, AZ includes 1 ZIP codes and it is located in Maricopa county. The lowest prices are found in ZIP 85054, while the highest are in ZIP 85054. The average price per sqare feet is $276. Our analysis is based on 17 property listings.

Avergage prices by ZIP codes Monterey Ridge Phoenix

85054253 $ / ft²




Historical development of home values in Monterey Ridge Phoenix

Year Estimated value (USD) Change vs. 2025
2010 $168,091 -53.6%
2011 $161,591 -55.4%
2012 $161,156 -55.5%
2013 $167,180 -53.8%
2014 $175,493 -51.5%
2015 $184,500 -49.0%
2016 $194,128 -46.4%
2017 $204,606 -43.5%
2018 $215,918 -40.3%
2019 $225,930 -37.6%
2020 $237,609 -34.4%
2021 $270,255 -25.3%
2022 $315,056 -13.0%
2023 $332,241 -8.2%
2024 $351,462 -2.9%
2025 $361,940 0.0%

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



Example: 100% financing house in Monterey Ridge Phoenix

Loan amount: $361,940

Interest rate: 6.18%

Fixed monthly payment: $2,212.08

Breakdown in the 1st month:
Interest portion: $1,863.99  –  Principal portion: $348.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,247.52 $4,297.38 $357,642.62
2 $21,974.29 $4,570.61 $353,072.01
3 $21,683.69 $4,861.21 $348,210.80
4 $21,374.61 $5,170.29 $343,040.51
5 $21,045.88 $5,499.02 $337,541.49
6 $20,696.24 $5,848.66 $331,692.83
7 $20,324.38 $6,220.52 $325,472.31
8 $19,928.88 $6,616.03 $318,856.29
9 $19,508.22 $7,036.68 $311,819.61
10 $19,060.82 $7,484.08 $304,335.53
11 $18,584.98 $7,959.92 $296,375.61
12 $18,078.88 $8,466.02 $287,909.59
13 $17,540.60 $9,004.30 $278,905.30
14 $16,968.10 $9,576.80 $269,328.50
15 $16,359.20 $10,185.70 $259,142.80
16 $15,711.59 $10,833.31 $248,309.49
17 $15,022.79 $11,522.11 $236,787.38
18 $14,290.21 $12,254.69 $224,532.69
19 $13,511.04 $13,033.86 $211,498.83
20 $12,682.34 $13,862.56 $197,636.27
21 $11,800.95 $14,743.95 $182,892.32
22 $10,863.51 $15,681.39 $167,210.93
23 $9,866.48 $16,678.42 $150,532.50
24 $8,806.05 $17,738.85 $132,793.65
25 $7,678.20 $18,866.71 $113,926.95
26 $6,478.63 $20,066.27 $93,860.68
27 $5,202.80 $21,342.10 $72,518.58
28 $3,845.85 $22,699.05 $49,819.53
29 $2,402.63 $24,142.27 $25,677.26
30 $867.64 $25,677.26 $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 Monterey Ridge Phoenix, AZ


1500 sqft3900 sqft
Ø selling price$515,969$1,097,606
Ø fast selling$469,063$987,845
Ø high price sale$562,875$1,207,366

In 2026, houses in Monterey Ridge Phoenix, AZ will be offered at an average price of $276 per square foot. A 1,500 sqft home priced at $515,969 is 23.69% more expensive per square foot than a 3,900 sqft home priced at $1,097,606. Home prices in Monterey Ridge 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 $759,881. Sellers who can wait longer may achieve a higher price of up to $928,743.


Monterey Ridge in Phoenix, AZ

Overview

Monterey Ridge in Phoenix, AZ is a desirable gated condominium neighborhood offering low?maintenance, lock?and?leave living. Nestled in North Phoenix, the community blends modern styling with a relaxed Sonoran Desert vibe.

Location & Connectivity

Its prime location near the Loop 101 provides quick access to Scottsdale, Desert Ridge Marketplace, and Kierland Commons. Everyday conveniences, dining, and entertainment are minutes away, with outdoor recreation at the nearby Phoenix Sonoran Preserve and Reach 11. Commuters appreciate proximity to major employers and medical centers, including Mayo Clinic and the Scottsdale Airpark corridor.

Homes & Amenities

Residences typically feature open?concept floor plans, quality finishes, and attached garages, with elevators in select buildings for added convenience. Community amenities often include a resort?style pool and spa, shaded ramadas with BBQs, and secure gated entry. Well?kept desert landscaping and mountain?sunset views elevate the neighborhood?s upscale yet comfortable feel.

Lifestyle & Real Estate Appeal

Monterey Ridge appeals to professionals, seasonal owners, and savvy investors seeking strong North Phoenix fundamentals and convenience. Homebuyers searching Phoenix condos for sale will find Monterey Ridge condos a compelling option for value, lifestyle, and location.



FAQ – Home Values in Monterey Ridge Phoenix

What is the median home value in Monterey Ridge Phoenix in 2026?

In 2026, the typical home value in Monterey Ridge Phoenix is about $361,940 for an average home size of 1353 square feet. This corresponds to an average price of roughly $276 per square foot.

What is the average cost per square foot in Monterey Ridge Phoenix?

In 2026, homes in Monterey Ridge Phoenix sell for an average of around $276 per square foot, with a typical range between $262.2 and $289.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Monterey Ridge?

The average home size in Monterey Ridge Phoenix is about 1353 square feet, with an estimated 2026 value around $361,940.



Neighborhoods close to Monterey Ridge Phoenix, AZ

Stetson Hills Phoenix, AZ178 $ / ft²
Sunrise Canyon Apache Junction, AZ173 $ / ft²
Acacia Crossings Maricopa, AZ147 $ / ft²
Ahwatukee Phoenix, AZ230 $ / ft²
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