If you’re planning to sell or buy a home in the Phoenix metro area, one question always comes first: “What are homes really going for now?” The more granular we get (city, zip code, neighborhood), the more accurate your decisions will be. Below is my latest data breakdown—with insights tailored for the markets I serve.
City & Zip-Level Price Trends (2025)
| Location | Recent Median / Typical Price | Notes & Context |
|---|---|---|
| Gilbert, AZ | ~$573,168 (average home value) Zillow | Down ~2.9% over the past year. Zillow |
| Gilbert – 85295 zip | ~$569,000 median listing Realtor | Showing a ~3.5% year-over-year decline in listing prices Realtor |
| Gilbert – 85296 zip | ~$526,000 (median sale) Redfin | Down ~5.2% YoY. Redfin |
| Scottsdale, AZ | ~$770,000 (median sale) Redfin | Prices down ~6.0% year-over-year in August 2025 Redfin |
| Scottsdale (average value) | ~$827,654 Zillow | Modest 1.1% decline over 12 months Zillow |
| Scottsdale (median sold mid-2025) | ~$920,000 Search Scottsdale+1 | In June 2025, median sold price reached ~$920,000 Search Scottsdale+1 |
| Downtown Scottsdale | ~$710,000 (median sold) Rocket Mortgage | Up 6.4% from prior year Rocket Mortgage |
| Scottsdale 85262 zip | ~$2.2M median listing Realtor | High-end luxury zone; many listings in multi-million range Realtor |
| Scottsdale 85251 zip | ~$744,500 median listing Realtor | Flat year-over-year trend Realtor |
Note: These numbers are based on latest public sources. Real value for any home depends heavily on condition, lot size, upgrades, views, etc.
What These Trends Mean for You
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Buyers: You have more room to negotiate than in past years. While some neighborhoods still command a premium, many areas are seeing softer demand.
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Sellers: Proper pricing and preparation are more important than ever. Overpriced homes may sit longer. A sharp staging and marketing plan will help your property stand out.
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Strategic Moves: Whether you're upsizing, right-sizing, or relocating, understanding micro-market trends (zip or subdivision) gives you an edge in timing and positioning.
FAQ: Arizona Home Prices & Market Dynamics
Q: Are home prices still climbing year-over-year?
A: In many markets, no — we’re seeing stabilization or slight declines. For example, Gilbert recently saw a drop of ~2.9%, while some Scottsdale zones saw ~6% declines. Zillow+1
Q: Should I wait to list until the market “warms up”?
A: Waiting is a gamble. In a cooling or balanced market, timing matters less than getting your home ready now: correct staging, pricing, and marketing strategy will attract serious buyers early.
Q: How much flexibility is there on price today?
A: More than in the recent overheated market. Buyers are seeing more seller concessions, and you’ll want an agent who can negotiate effective terms—not just sticker price.
Q: Which areas are holding up best?
A: Neighborhoods in Gilbert and parts of Scottsdale still show relative stability. Ultra-luxury districts (like 85262) tend to be more volatile.
Q: How can I know what your home is worth now?
A: You need a Comparative Market Analysis (CMA) from an agent who understands your specific zip, street, home condition, and competitive listings. That’s the only way to get a credible, actionable value.
Ready to Talk Strategy?
If you want to see how these price trends affect your home (or target property), let’s talk. I’ll build a localized CMA, walk you through current comps, and help you land on a plan that gives you clarity and confidence.
📞 480-980-4400
📧 [email protected]
Let’s get your next move mapped out with expertise you can trust.
