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Monday, October 18, 2021

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


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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