Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier (Zillow)
Updated on March 22, 2026.

According to data from Zillow.com, the Bottom Tier Zillow home value index (ZHVI) for All Homes in the Phoenix, AZ Metro in February 2026 was $329,456.235. The month over month percentage change (MoM) was 0.07%, and the year over year percentage change (YoY) was -3.39%.

The chart below shows the trend of the bottom tier ZHVI for all homes in the Phoenix, AZ metro. The table below shows the trend of the bottom tier ZHVI, and the MoM and YoY percentage changes for all homes in the Phoenix, AZ metro.

You can see similar information for other US metros, and for the United States.

Note: The Bottom Tier Zillow Home Value Index (ZHVI) for all Homes is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 5th to 35th percentile range.

Data Source: Zillow.
Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Phoenix, AZ (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 130431.07770372547 0.43 6.37
Feb 2015 131031.92561162803 0.46 5.59
Mar 2015 131877.43585372806 0.65 5.12
Apr 2015 132978.46491471966 0.84 5.25
May 2015 134378.6897427484 1.05 5.77
Jun 2015 135830.85950991776 1.08 6.49
Jul 2015 137316.48483034258 1.09 7.30
Aug 2015 138794.1233185411 1.08 8.14
Sep 2015 140433.9170253823 1.18 9.05
Oct 2015 142144.91487346042 1.22 10.12
Nov 2015 143819.9810773208 1.18 11.09
Dec 2015 145450.12498068728 1.13 12.00
Jan 2016 147456.44973200856 1.38 13.05
Feb 2016 149603.18036427716 1.46 14.17
Mar 2016 151449.55814414675 1.23 14.84
Apr 2016 152750.19491816976 0.86 14.87
May 2016 153793.71199261394 0.68 14.45
Jun 2016 154842.4067017228 0.68 14.00
Jul 2016 155880.83160819465 0.67 13.52
Aug 2016 156879.02125685292 0.64 13.03
Sep 2016 158106.06454684015 0.78 12.58
Oct 2016 159338.80818321157 0.78 12.10
Nov 2016 160520.2850323141 0.74 11.61
Dec 2016 161579.4325768209 0.66 11.09
Jan 2017 162641.79287296318 0.66 10.30
Feb 2017 163822.27549919332 0.73 9.51
Mar 2017 165137.30968660797 0.80 9.04
Apr 2017 166488.67048469887 0.82 8.99
May 2017 167835.0275641553 0.81 9.13
Jun 2017 169283.598087549 0.86 9.33
Jul 2017 170750.22638132874 0.87 9.54
Aug 2017 172225.4767748003 0.86 9.78
Sep 2017 173568.0722939365 0.78 9.78
Oct 2017 174874.37923981482 0.75 9.75
Nov 2017 176014.7956060803 0.65 9.65
Dec 2017 177148.58457389436 0.64 9.64
Jan 2018 178555.7058572996 0.79 9.79
Feb 2018 180257.0044152184 0.95 10.03
Mar 2018 182064.79867873123 1.00 10.25
Apr 2018 183534.7544846769 0.81 10.24
May 2018 185068.9411224227 0.84 10.27
Jun 2018 186582.67313191763 0.82 10.22
Jul 2018 188406.55562682872 0.98 10.34
Aug 2018 190030.95708976034 0.86 10.34
Sep 2018 191568.97600335217 0.81 10.37
Oct 2018 192803.97547209472 0.65 10.25
Nov 2018 194084.85300941035 0.66 10.27
Dec 2018 195379.52364709205 0.67 10.29
Jan 2019 197071.95373313772 0.87 10.37
Feb 2019 198968.9604135394 0.96 10.38
Mar 2019 200734.55089826218 0.89 10.25
Apr 2019 202100.12144870174 0.68 10.12
May 2019 203047.14589062563 0.47 9.71
Jun 2019 203994.97546222797 0.47 9.33
Jul 2019 204831.91568495368 0.41 8.72
Aug 2019 205884.44665932868 0.51 8.34
Sep 2019 207005.02288278352 0.54 8.06
Oct 2019 208471.2881270008 0.71 8.13
Nov 2019 210207.4342811665 0.83 8.31
Dec 2019 212114.83614182202 0.91 8.57
Jan 2020 214610.8981127222 1.18 8.90
Feb 2020 217687.25236079423 1.43 9.41
Mar 2020 221173.41694356166 1.60 10.18
Apr 2020 224189.30420485183 1.36 10.93
May 2020 226178.5270959857 0.89 11.39
Jun 2020 227347.02545692213 0.52 11.45
Jul 2020 228524.04924166587 0.52 11.57
Aug 2020 230429.03315530997 0.83 11.92
Sep 2020 233651.33830758758 1.40 12.87
Oct 2020 237536.5999002114 1.66 13.94
Nov 2020 241967.2973568819 1.87 15.11
Dec 2020 246405.622927033 1.83 16.17
Jan 2021 250909.93453201128 1.83 16.91
Feb 2021 255554.02191997194 1.85 17.40
Mar 2021 260978.2658271211 2.12 18.00
Apr 2021 267121.74879724905 2.35 19.15
May 2021 274344.02876733296 2.70 21.30
Jun 2021 282484.9262588107 2.97 24.25
Jul 2021 290897.19015911984 2.98 27.29
Aug 2021 298617.896358682 2.65 29.59
Sep 2021 305080.5425700022 2.16 30.57
Oct 2021 310932.60909520125 1.92 30.90
Nov 2021 316588.07789749216 1.82 30.84
Dec 2021 321950.29844156624 1.69 30.66
Jan 2022 327632.88703464693 1.77 30.58
Feb 2022 334008.9639150557 1.95 30.70
Mar 2022 341475.3010354936 2.24 30.84
Apr 2022 349456.3601983959 2.34 30.82
May 2022 357226.40610403026 2.22 30.21
Jun 2022 363903.07254134276 1.87 28.82
Jul 2022 367536.05839703494 1.00 26.35
Aug 2022 367172.2139432307 -0.10 22.96
Sep 2022 363247.322996549 -1.07 19.07
Oct 2022 357885.160847731 -1.48 15.10
Nov 2022 351866.54755246703 -1.68 11.14
Dec 2022 345650.25551494636 -1.77 7.36
Jan 2023 339263.85909525305 -1.85 3.55
Feb 2023 334096.152944109 -1.52 0.03
Mar 2023 330968.3111456315 -0.94 -3.08
Apr 2023 329829.81781399174 -0.34 -5.62
May 2023 330020.9942172463 0.06 -7.62
Jun 2023 331081.29608948296 0.32 -9.02
Jul 2023 332880.2135206066 0.54 -9.43
Aug 2023 335269.93193432555 0.72 -8.69
Sep 2023 337511.0295338889 0.67 -7.08
Oct 2023 339485.26919209125 0.59 -5.14
Nov 2023 341005.4135740421 0.45 -3.09
Dec 2023 341916.1629921119 0.27 -1.08
Jan 2024 342455.0755956935 0.16 0.94
Feb 2024 342988.40782365605 0.16 2.66
Mar 2024 343956.48768977175 0.28 3.92
Apr 2024 345054.9590612704 0.32 4.62
May 2024 345837.0251368681 0.23 4.79
Jun 2024 345932.7995258499 0.03 4.49
Jul 2024 345570.956813591 -0.10 3.81
Aug 2024 344913.37733373936 -0.19 2.88
Sep 2024 344233.85500407027 -0.20 1.99
Oct 2024 343598.654074083 -0.18 1.21
Nov 2024 343010.5686213866 -0.17 0.59
Dec 2024 342715.82328946044 -0.09 0.23
Jan 2025 342160.9628206329 -0.16 -0.09
Feb 2025 341026.60535820137 -0.33 -0.57
Mar 2025 339099.27024218667 -0.56 -1.41
Apr 2025 337184.0891136537 -0.56 -2.28
May 2025 335393.2766622887 -0.53 -3.02
Jun 2025 333690.3891443521 -0.51 -3.54
Jul 2025 332006.89811561623 -0.50 -3.92
Aug 2025 330521.0567012444 -0.45 -4.17
Sep 2025 329541.3383747199 -0.30 -4.27
Oct 2025 328883.1657137662 -0.20 -4.28
Nov 2025 328748.2357626071 -0.04 -4.16
Dec 2025 328917.9505517874 0.05 -4.03
Jan 2026 329220.00478958775 0.09 -3.78
Feb 2026 329456.2346976796 0.07 -3.39