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What is the cost of living in Phoenix?

Phoenix snapshot

As of the latest 2026 data
Median listing
$490K
YoY -0.1%
Active inventory
18,728
YoY -0.0%
Median DOM
64
YoY -0.0%
Pending ratio
0.39
YoY +0.0%
Price-reduced
28.7%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

The median home price in the Phoenix area is $489,500. This is 1.7% lower than the month before and 5.9% lower than last year. Basically, prices have been slowly coming down recently.

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