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    Phoenix Real Estate Forecast 2021 : Housing Market Prices, Trends and Analysis

    Phoenix city real estate market report for buying and selling homes with median prices:
    “Is it a good time to buy homes in Phoenix City?” “Does investing in real estate in Phoenix (Arizona State, Maricopa County) worth it?” According to our live Forecast System, buying a house in Phoenix City is a not so good short-term (1-year) investment*. The Phoenix average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis.
    At Citytelegraph.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Phoenix City in Arizona State, Maricopa County. If you are looking for homes for sale with good flipping profit, Phoenix can be a profitable property investment option. The median price of an average house in Phoenix was 255130 USD on 2021-03-06. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the “Phoenix” area is 277959 USD by 2026-03-31. For a 5-year investment the profit is expected to be around +8.95% meaning that investing 100000 USD today may yield a profit of 108950 USD by 2026.

    Phoenix City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

    Phoenix City (Arizona State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2021-2027

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    Questions and Answers about the Phoenix Housing Market Forecast

    How much does an average home cost in Phoenix today?

    The value of an average home (the listing price) in Phoenix City is 255130 USD.

    What is the average price per square foot in Phoenix City?

    According to Citytelegraph the median price per square foot in Phoenix City is 142 USD.

    Will the median listing price of homes in Phoenix City grow / rise / go up?

    Yes. The Phoenix home prices may rise from 255130 USD to 259380 USD in one year.

    Is it profitable to invest in Phoenix homes?

    Yes. The long-term profit potential is +1.67% in one year.

    Will Phoenix house prices fall / drop?

    No.

    What is the predicted price of a Phoenix home in 2026?

    The predicted home sales price of a Phoenix home in 2026 in Phoenix City is 277959 USD.

    What is the predicted price of a Phoenix home in 2031?

    The predicted home sales price of a Phoenix home in 2031 in Phoenix City is 301659 USD.

    Will real estate prices decrease in Phoenix?

    According to our analysis, it is unlikely to happen.


    Short-Term Outlook Based On The Last 12 Months

    Phoenix City is the 7. largest city in the United States, located in Arizona State.

    During the last 12 months the real estate prices in MaricopaPhoenix City decreased, looking at the past 12 months.

    According to Citytelegraph’s Phoenix real estate market research, home values will increase in the next 12 months.

    Median home values decreased by -3.291% to 255130 USD, between 2020-02-29 and 2021-02-28

    The average annual profit of property investment was:

    • 6.95% in 2016
    • 7.53% in 2017
    • 6.16% in 2018
    • 6.30% in 2019
    • -2.453% in 2020
    • -0.237% in 2021

    Based on our Phoenix City real estate market research and report the predicted sales prices will increase by 18.24% in the next 10 years.

    Also Read: Los Angeles Real Estate Forecast 2021 : Housing Market Prices Predictions and Trends

    Over the last 12 months, the value of homes in Phoenix City fluctuated: increasing 2 times and decreasing 10 times.


    Phoenix Real Estate Price Trends, Housing Market Forecast for next months and years

    DateAverage priceMinimum priceMaximum price
    Phoenix Housing Market Forecast with Real Estate Prices for 2021
    April 2021 254384 202805 307348
    May 2021 254949 202938 306989
    June 2021 255506 203761 302878
    July 2021 256041 197906 306517
    August 2021 256486 203060 310241
    September 2021 256982 207154 309235
    October 2021 257549 204008 308647
    November 2021 258016 204095 308918
    December 2021 258529 209313 310651
    Phoenix Housing Market Forecast with Real Estate Prices for 2022
    January 2022 259241 207470 312941
    February 2022 259815 212411 315286
    March 2022 259380 207241 311101
    April 2022 259042 207146 309810
    May 2022 259581 207865 310386
    June 2022 260155 212036 313589
    July 2022 260671 209042 308958
    August 2022 261105 212139 316043
    September 2022 261639 209555 312657
    October 2022 262191 211604 315507
    November 2022 262681 212717 315097
    December 2022 263166 211477 317585
    Phoenix Housing Market Forecast with Real Estate Prices for 2023
    January 2023 263826 210492 316362
    February 2023 264502 214039 318422
    March 2023 264018 210587 315950
    April 2023 263699 211044 314027
    May 2023 264213 207639 314276
    June 2023 264804 213067 318143
    July 2023 265301 210327 314688
    August 2023 265725 211162 321956
    September 2023 266297 214137 318577
    October 2023 266832 215435 321910
    November 2023 267346 217243 322886
    December 2023 267801 213281 319082
    Phoenix Housing Market Forecast with Real Estate Prices for 2024
    January 2024 268411 213414 318090
    February 2024 269023 216909 321031
    March 2024 268682 210623 319896
    April 2024 268305 212552 320246
    May 2024 268896 217089 318516
    June 2024 269436 215832 323639
    July 2024 269989 218783 323491
    August 2024 270445 215128 324747
    September 2024 270904 217304 320664
    October 2024 271486 220586 326871
    November 2024 271929 218860 327411
    December 2024 272470 217836 323475
    Phoenix Housing Market Forecast with Real Estate Prices for 2025
    January 2025 273235 218574 320978
    February 2025 273708 222620 326473
    March 2025 273321 219697 324228
    April 2025 272963 218981 326413
    May 2025 273528 220648 324892
    June 2025 274085 221950 324147
    July 2025 274619 221167 325913
    August 2025 275064 224642 324747
    September 2025 275561 224039 328131
    October 2025 276127 225037 329522
    November 2025 276594 221989 331265
    December 2025 277108 227433 333952
    Phoenix Housing Market Forecast with Real Estate Prices for 2026
    January 2026 277819 223821 331721
    February 2026 278394 228273 329117
    March 2026 277959 228386 328577
    April 2026 277620 224876 333239
    May 2026 278160 223907 328479
    June 2026 278734 220850 330232
    July 2026 279250 226183 335812
    August 2026 279684 222054 330456
    September 2026 280218 228832 333502
    October 2026 280769 229503 329157
    November 2026 281259 232040 332881
    December 2026 281744 230339 335482
    Phoenix Housing Market Forecast with Real Estate Prices for 2027
    January 2027 282404 237417 333618
    February 2027 283081 229818 341042
    March 2027 282596 231644 336390
    April 2027 282278 232069 337429
    May 2027 282792 231654 334898
    June 2027 283382 231217 334465
    July 2027 283880 230244 333040
    August 2027 284304 229735 335325
    September 2027 284875 236655 334416
    October 2027 285411 229485 333504
    November 2027 285924 233355 338548
    December 2027 286380 233820 337638
    Phoenix Housing Market Forecast with Real Estate Prices for 2028
    January 2028 286990 237344 341055
    February 2028 287601 233913 343289
    March 2028 287261 231074 341052
    April 2028 286884 236900 341623
    May 2028 287474 235945 341368
    June 2028 288015 234889 337735
    July 2028 288567 236876 344334
    August 2028 289024 238058 339526
    September 2028 289482 234375 342342
    October 2028 290064 234356 345074
    November 2028 290507 239305 344916
    December 2028 291049 238830 343838
    Phoenix Housing Market Forecast with Real Estate Prices for 2029
    January 2029 291813 238346 344096
    February 2029 292287 238718 345150
    March 2029 291899 240818 347982
    April 2029 291541 241181 342529
    May 2029 292107 243031 347051
    June 2029 292664 242717 349395
    July 2029 293198 242172 344481
    August 2029 293643 240842 347340
    September 2029 294139 240403 346181
    October 2029 294706 240513 344512
    November 2029 295173 244536 346961
    December 2029 295686 242039 346576
    Phoenix Housing Market Forecast with Real Estate Prices for 2030
    January 2030 296398 244844 347208
    February 2030 296973 243384 349173
    March 2030 296537 243104 346603
    April 2030 296199 242806 351541
    May 2030 296739 240322 349188
    June 2030 297312 246387 351222
    July 2030 297828 246834 350142
    August 2030 298263 244073 348028
    September 2030 298796 248737 352597
    October 2030 299348 250265 353071
    November 2030 299838 244948 354875
    December 2030 300323 251050 348375
    Phoenix Housing Market Forecast with Real Estate Prices for 2031
    January 2031 300983 250058 351758
    February 2031 301659 249468 354930

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