House Prices

Terralea Phoenix, AZ House Prices & Home Values 2026


Average Data

average house price$378,661
average size per house2165 ft²
average price per ft²180 $ / ft²

04/05/2026 - The value range (VR) for house prices in Terralea Phoenix, AZ is $171/ sqft to $189/ sqft. An average home with 2165 sqft costs approximately $380,582 to $420,643. Phoenix, AZ includes 1 ZIP codes and it is located in Maricopa county. The lowest prices are found in ZIP 85043, while the highest are in ZIP 85043. The average price per sqare feet is $180. Our analysis is based on 17 property listings.

Avergage prices by ZIP codes Terralea Phoenix

85043165 $ / ft²




Historical development of home values in Terralea Phoenix

Year Estimated value (USD) Change vs. 2025
2010 $175,857 -53.6%
2011 $169,057 -55.4%
2012 $168,601 -55.5%
2013 $174,903 -53.8%
2014 $183,600 -51.5%
2015 $193,023 -49.0%
2016 $203,097 -46.4%
2017 $214,059 -43.5%
2018 $225,893 -40.3%
2019 $236,367 -37.6%
2020 $248,586 -34.4%
2021 $282,740 -25.3%
2022 $329,611 -13.0%
2023 $347,590 -8.2%
2024 $367,699 -2.9%
2025 $378,661 0.0%

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



Example: 100% financing house in Terralea Phoenix

Loan amount: $378,661

Interest rate: 6.17%

Fixed monthly payment: $2,311.32

Breakdown in the 1st month:
Interest portion: $1,946.32  –  Principal portion: $365.01

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,229.84 $4,506.05 $374,154.95
2 $22,943.91 $4,791.98 $369,362.98
3 $22,639.84 $5,096.04 $364,266.93
4 $22,316.48 $5,419.41 $358,847.52
5 $21,972.60 $5,763.29 $353,084.23
6 $21,606.89 $6,129.00 $346,955.24
7 $21,217.98 $6,517.90 $340,437.33
8 $20,804.40 $6,931.49 $333,505.84
9 $20,364.57 $7,371.32 $326,134.52
10 $19,896.83 $7,839.06 $318,295.46
11 $19,399.41 $8,336.48 $309,958.98
12 $18,870.43 $8,865.46 $301,093.52
13 $18,307.88 $9,428.01 $291,665.51
14 $17,709.63 $10,026.25 $281,639.26
15 $17,073.43 $10,662.46 $270,976.80
16 $16,396.86 $11,339.03 $259,637.77
17 $15,677.35 $12,058.54 $247,579.23
18 $14,912.19 $12,823.70 $234,755.53
19 $14,098.47 $13,637.41 $221,118.11
20 $13,233.13 $14,502.76 $206,615.35
21 $12,312.87 $15,423.02 $191,192.33
22 $11,334.22 $16,401.67 $174,790.66
23 $10,293.47 $17,442.42 $157,348.24
24 $9,186.68 $18,549.21 $138,799.03
25 $8,009.66 $19,726.23 $119,072.80
26 $6,757.95 $20,977.94 $98,094.86
27 $5,426.82 $22,309.07 $75,785.80
28 $4,011.22 $23,724.67 $52,061.13
29 $2,505.80 $25,230.09 $26,831.04
30 $904.85 $26,831.04 $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 Terralea Phoenix, AZ


1500 sqft3900 sqft
Ø selling price$335,848$714,440
Ø fast selling$305,316$642,996
Ø high price sale$366,380$785,884

In 2026, houses in Terralea Phoenix, AZ will be offered at an average price of $180 per square foot. A 1,500 sqft home priced at $335,848 is 23.64% more expensive per square foot than a 3,900 sqft home priced at $714,440. Home prices in Terralea 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 $494,612. Sellers who can wait longer may achieve a higher price of up to $604,526.


Terralea Neighborhood Guide in Phoenix, AZ

Overview

Terralea is a welcoming neighborhood in Phoenix, AZ known for its peaceful streets and desert charm.
Home shoppers search for Terralea Phoenix AZ homes for sale because the area blends convenience, value, and a friendly community vibe.

Location & Lifestyle

Located within the Phoenix metro, the community offers quick commutes to major employers, airports, and entertainment hubs.
Residents appreciate mountain views, sunny skies, and easy access to everyday essentials without sacrificing tranquility.

Homes & Real Estate

Terralea real estate features well-kept single-family homes with thoughtful layouts, energy-conscious design, and attractive desert landscaping.
Pride of ownership, tidy sidewalks, and a consistent aesthetic?often supported by an active HOA?enhance curb appeal and long-term value.

Amenities & Recreation

Nearby parks, playgrounds, and walking paths encourage an active lifestyle for families, professionals, and pet owners alike.
Dining, shopping, and reputable schools are a short drive away, making day-to-day living simple and stress-free.

Market Appeal

Whether you are a first-time buyer, a move-up homeowner, or an investor, Terralea?s steady demand and central location make it a smart choice.
Explore current listings to discover Terralea homes for sale in Phoenix, AZ and see why this neighborhood continues to attract savvy buyers.



FAQ – Home Values in Terralea Phoenix

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

In 2026, the typical home value in Terralea Phoenix is about $378,661 for an average home size of 2165 square feet. This corresponds to an average price of roughly $180 per square foot.

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

In 2026, homes in Terralea Phoenix sell for an average of around $180 per square foot, with a typical range between $171 and $189 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Terralea?

The average home size in Terralea Phoenix is about 2165 square feet, with an estimated 2026 value around $378,661.



Neighborhoods close to Terralea Phoenix, AZ

Stetson Hills Phoenix, AZ178 $ / ft²
Sunrise Canyon Apache Junction, AZ173 $ / ft²
Acacia Crossings Maricopa, AZ147 $ / ft²
Maryvale Phoenix, AZ172 $ / ft²
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