Median price for residential apartments in as of Sep, 2020.
Be informed, make custom offers based only on median sale prices. But keep in mind, that price depends on size/amenities of the apartment.
5,915 Phoenix, AZ, USA apartments for sale
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Housing Trends
Phoenix, AZ, USA Housing Trends
Average rent in Phoenix: $546,949 (-0.2%)
| Apartment Size | Sep | vs Last Month |
|---|---|---|
| 1 bed apartments | $244,484 | +1.9% |
| 2 bed apartments | $289,008 | -1.1% |
| 3 bed apartments | $430,879 | +0.7% |
| 4+ bed apartments | $753,057 | +1.1% |
During Sep 2020, the average price for an apartment in/near Phoenix, AZ decreased by 0.2% to $546,949.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1.9% to $244,484. Asking price for 2-bed apartment also decreased by 1.1% and a place of this size will now cost you $289,008. A 3-bed apartment goes for $430,879, it increased by 0.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 1.1% and made it up to $753,057.
| Listing Type | Sep | vs Last Month |
|---|---|---|
| Houses for sale | $603,882 | -0.8% |
| Apartments for sale | $411,432 | -0.5% |
| Townhouses for sale | $313,003 | +0.8% |
| Lofts for sale | $589,632 | +1% |
| Duplexes for sale | $466,142 | +2.3% |
| Condos for sale | $175,000 | +0% |
The average cost of an apartment in Phoenix, AZ decreased by 0.5% to $411,432. Price reports demonstrate that house price decreased by 0.8% this month making it up to $603,882. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $175,000. You can now purchase a duplex for just $466,142, duplex price increased by 2.3% this month. The price dynamics of lofts changed, it increased by 1%, the price tag now starts at $589,632. The property value of townhouses increased by 0.8%, you’ll have to spend around $313,003 to get one.
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