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Phoenix, AZ Housing

 
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As of 2010-2014, median price of a house in Phoenix is $155,900, which is about the same as the state average of $162,900 and is lower than the national average of $175,700. The Phoenix median house value has grown by 38.45% since 2000. The growth rate for the price of a house in Phoenix is higher than the state average rate of 34.30% and is lower than the national average rate of 46.91%. The median year that a house in Phoenix was built is 1982, which is older than the median year for a house built in the state which is 1989 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 281,256 Owner Occupied Houses in Phoenix, AZ, #95
Phoenix, AZ
155,900 USD
Arizona
162,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #118
Phoenix, AZ
38.45%
Arizona
34.30%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Phoenix, AZArizonaU.S.
Total Housing Units598,176, see rank, 100%2,874,548132,741,033
Occupied Housing Units520,856, 87.07%, see rank83.05%87.55%
Owner Occupied281,256, 47.02%, see rank52.64%56.34%
Renter Occupied239,600, 40.06%, see rank30.40%31.21%
Vacant Housing Units77,320, 12.93%, see rank16.95%12.45%
For Rent27,467, 4.59%, see rank3.14%2.34%
For Sale Only9,557, 1.60%, see rank1.82%1.20%
Rented or Sold, Not Occupied9,372, 1.57%, see rank1.16%0.92%
For Seasonal, Recreational, or Occasional Use10,588, 1.77%, see rank7.36%3.97%
For Migrant Workers74, 0.01%, see rank0.03%0.03%
Other Vacant20,262, 3.39%, see rank3.44%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #271
Phoenix, AZArizonaU.S.
198219891976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Phoenix, AZ%ArizonaU.S.
Owner-Occupied Units281,256100%1,513,29474,787,460
With a Mortgage211,55475.22%, see rank66.84%65.58%
Without a Mortgage69,70224.78%, see rank33.16%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Phoenix, AZ
1,394 USD
Arizona
1,390 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsPhoenix, AZ%ArizonaU.S.
$299 or Less4180.20%, see rank0.29%0.20%
$300 to $4993,0201.43%, see rank1.90%1.59%
$500 to $6999,6374.56%, see rank5.14%5.01%
$700 to $99934,60816.36%, see rank16.74%14.32%
$1,000 to $1,49972,23334.14%, see rank32.86%27.90%
$1,500 to $1,99944,25720.92%, see rank21.25%20.35%
$2,000 to $2,99934,33716.23%, see rank15.79%19.52%
$3,000 or More13,0446.17%, see rank6.03%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Phoenix, AZ
24.20% of the Total Income
Arizona
23.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Phoenix, AZ%ArizonaU.S.
10% or Less12,6245.97%, see rank6.06%5.86%
10% to 20%65,09730.77%, see rank31.07%31.95%
20% to 30%56,11126.52%, see rank27.22%27.64%
30% to 40%28,41913.43%, see rank13.73%13.74%
40% or More46,39221.93%, see rank21.06%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Phoenix, AZ
432 USD
Arizona
381 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsPhoenix, AZ%ArizonaU.S.
$199 or Less4,4586.40%, see rank13.09%7.76%
$200 to $29910,64115.27%, see rank19.50%14.70%
$300 to $49929,01241.62%, see rank39.03%34.63%
$500 to $69915,98422.93%, see rank18.30%21.16%
$700 or More9,60713.78%, see rank10.08%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Phoenix, AZ
11.70% of the Total Income
Arizona
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Phoenix, AZ%ArizonaU.S.
10% or Less29,65042.54%, see rank45.85%40.19%
10% to 20%20,32429.16%, see rank29.32%31.47%
20% to 30%8,69712.48%, see rank10.69%12.24%
30% to 40%3,7055.32%, see rank4.64%5.64%
40% or More5,4977.89%, see rank7.46%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Phoenix, AZArizonaU.S.
Total Housing Units598,176, 100%2,874,548132,741,033
1-unit, Detached362,710, 60.64%, see rank63.52%61.65%
1-unit, Attached25,503, 4.26%, see rank4.89%5.82%
2 Units10,677, 1.78%, see rank1.40%3.75%
3 or 4 Units29,552, 4.94%, see rank3.43%4.43%
5 to 9 Units38,327, 6.41%, see rank4.25%4.78%
10 or More Units112,813, 18.86%, see rank11.57%13.08%
Mobile Home, Boat, RV, Van, etc.18,594, 3.11%, see rank10.94%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Phoenix, AZArizonaU.S.
Total Housing Units598,176, 100%2,874,548132,741,033
1 Room16,019, 2.68%, see rank2.22%1.95%
2 Rooms20,707, 3.46%, see rank3.56%2.48%
3 Rooms74,749, 12.50%, see rank10.08%9.13%
4 Rooms112,986, 18.89%, see rank17.89%16.60%
5 Rooms127,732, 21.35%, see rank22.63%20.41%
6 Rooms104,683, 17.50%, see rank18.48%18.06%
7 Rooms66,569, 11.13%, see rank11.74%12.27%
8 Rooms39,598, 6.62%, see rank6.81%8.48%
9 Rooms or More35,133, 5.87%, see rank6.59%10.60%
Median Rooms5.10, see rank5.205.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Phoenix, AZArizonaU.S.
Total Housing Units598,176, 100%2,874,548132,741,033
No Bedroom17,614, 2.94%, see rank2.39%2.17%
1 Bedroom83,245, 13.92%, see rank11.62%11.16%
2 Bedrooms155,883, 26.06%, see rank27.40%26.69%
3 Bedrooms213,781, 35.74%, see rank37.36%39.70%
4 Bedrooms105,327, 17.61%, see rank17.15%16.05%
5 or More Bedrooms22,326, 3.73%, see rank4.08%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Phoenix, AZArizonaU.S.
Total Housing Units520,856, 100%2,387,246116,211,092
Utility Gas133,934, 25.71%, see rank34.33%48.85%
Bottled, Tank, or LP Gas2,609, 0.50%, see rank2.89%4.86%
Electricity377,806, 72.54%, see rank59.09%36.68%
Fuel Oil, Kerosene, etc.283, 0.05%, see rank0.07%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood814, 0.16%, see rank2.01%2.12%
Solar Energy489, 0.09%, see rank0.17%0.05%
Other Fuel196, 0.04%, see rank0.25%0.47%
No Fuel Used4,725, 0.91%, see rank1.17%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalPhoenix, AZArizonaU.S.
Occupied Units Paying Rent232,901, 100%830,62339,201,928
$199 or Less1,555, 0.67%, see rank0.91%1.50%
$200 to $2993,097, 1.33%, see rank1.57%3.18%
$300 to $49913,236, 5.68%, see rank6.05%7.37%
$500 to $69948,130, 20.67%, see rank18.08%16.01%
$700 to $99980,132, 34.41%, see rank32.64%29.17%
$1,000 to $1,49965,412, 28.09%, see rank29.90%26.88%
$1,500 to $1,99915,718, 6.75%, see rank7.63%9.79%
$2,000 or More5,621, 2.41%, see rank3.22%6.10%
Median$876, see rank$905$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Phoenix, AZArizonaU.S.
Occupied Housing Units520,856, 100%2,387,246116,211,092
No Vehicles Available47,293, 9.08%, see rank6.87%9.12%
1 Vehicles Available205,042, 39.37%, see rank37.99%33.80%
2 Vehicles Available191,912, 36.85%, see rank38.30%37.48%
3 or More Vehicles Available76,609, 14.71%, see rank16.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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