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What is the cost of living in Phoenix?

Phoenix snapshot

May 2026
Median listing
$498K
YoY -0.1%
Active inventory
19,514
YoY -0.0%
Median DOM
60
YoY +0.0%
Pending ratio
0.41
YoY -0.0%
Price-reduced
28.2%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

A typical home in Phoenix costs $498,000. Prices have gone down a little in the last year, but homes are still selling for a good amount per square foot. It also looks like a lot of people are marking down their prices to help sell their homes faster.

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