4,099
Phoenix, AZ, USA apartments for sale
Phoenix
According to statistics, the population in Phoenix, AZ amounts to 1,660,272, which shows growth 2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $57,957, shifting growth 2% from the past year, and the average property value in Phoenix, AZ growth 8% to $249,100 throughout the year.
| Population | 2M |
| Median Age | 33.5 |
| Poverty Rate | 21% |
| Household Income | $57,957 |
| Number Of Employees | 836,635 |
| Median Property Value | $249,100 |
Average Price of Apartments for Sale in Phoenix, AZ
Average apartment sale in Phoenix, AZ: $812,410
(+55.1%)
| Month | Median Price |
|---|---|
| Sep 2023 |
$265,714
|
| Aug 2023 |
$265,714
|
| Jul 2023 |
$253,063
|
| Jun 2023 |
$253,753
|
| May 2023 |
$307,017
|
| Apr 2023 |
$314,317
|
| Month | Median Price |
|---|---|
| Sep 2023 |
$837,522
|
| Aug 2023 |
$159,771
|
| Jul 2023 |
$161,644
|
| Jun 2023 |
$162,092
|
| May 2023 |
$172,413
|
| Apr 2023 |
$193,285
|
Household Income
The average household income in Phoenix, AZ grew from $56,696 to $57,957 in the past year. This data is an estimate based upon 574,645 households in Phoenix, AZ . The chart below presents how household income is distributed in Phoenix, AZ in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Phoenix, AZ shifted from $231,000 to $249,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Phoenix, AZ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Phoenix, AZ properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Phoenix, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Phoenix, AZ equals $1150, which is less than the national average.