Zip Code: 85027 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)
Updated on February 21, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 85027 Zip Code (Phoenix, Arizona) in January 2026 was $374,092.042. The month over month percentage change (MoM) was 0.15%, and the year over year percentage change (YoY) was -4.57%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85027 zip code (Phoenix, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 85027 zip code (Phoenix, Arizona).

You can see similar information for other Arizona zip codes, and for Arizona.

Note: Zillow Home Value Index (ZHVI) 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 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 85027 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85027 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 158283.13656088887 0.50 4.89
Feb 2015 159004.62545003195 0.46 4.37
Mar 2015 159869.89486407212 0.54 4.12
Apr 2015 161123.21811490852 0.78 4.46
May 2015 162730.2530700987 1.00 5.22
Jun 2015 164393.87823498642 1.02 6.25
Jul 2015 165929.1016099908 0.93 7.20
Aug 2015 167516.1357888803 0.96 8.00
Sep 2015 169514.21910629162 1.19 8.82
Oct 2015 171647.84941289676 1.26 9.79
Nov 2015 173926.92335858571 1.33 10.86
Dec 2015 175969.25924729055 1.17 11.73
Jan 2016 178523.42623047854 1.45 12.79
Feb 2016 180980.46136608013 1.38 13.82
Mar 2016 182969.25110609527 1.10 14.45
Apr 2016 184199.4043999192 0.67 14.32
May 2016 185225.35643802388 0.56 13.82
Jun 2016 186514.05506197643 0.70 13.46
Jul 2016 187767.0493463711 0.67 13.16
Aug 2016 188987.1481556118 0.65 12.82
Sep 2016 190442.78300699417 0.77 12.35
Oct 2016 192072.12473817612 0.86 11.90
Nov 2016 193704.51248801954 0.85 11.37
Dec 2016 195090.91058843603 0.72 10.87
Jan 2017 196591.74891667918 0.77 10.12
Feb 2017 198043.74626087002 0.74 9.43
Mar 2017 199643.30449177217 0.81 9.11
Apr 2017 200948.11572948136 0.65 9.09
May 2017 202232.2339298541 0.64 9.18
Jun 2017 203501.22752064723 0.63 9.11
Jul 2017 204812.38844379887 0.64 9.08
Aug 2017 206275.66574264938 0.71 9.15
Sep 2017 207711.9243722616 0.70 9.07
Oct 2017 209153.86974807622 0.69 8.89
Nov 2017 210489.33263387872 0.64 8.66
Dec 2017 211916.5665337562 0.68 8.63
Jan 2018 213808.45835021968 0.89 8.76
Feb 2018 215565.61215941413 0.82 8.85
Mar 2018 217071.69444339746 0.70 8.73
Apr 2018 217968.8451905388 0.41 8.47
May 2018 218986.76909500352 0.47 8.29
Jun 2018 220103.5870578566 0.51 8.16
Jul 2018 221399.88196679138 0.59 8.10
Aug 2018 222686.9103004782 0.58 7.96
Sep 2018 223933.56535195326 0.56 7.81
Oct 2018 225207.4472612204 0.57 7.68
Nov 2018 226605.75279198182 0.62 7.66
Dec 2018 228010.65160662774 0.62 7.60
Jan 2019 229742.59890846512 0.76 7.45
Feb 2019 231659.83578095693 0.84 7.47
Mar 2019 233344.40916721107 0.73 7.50
Apr 2019 234579.2329278876 0.53 7.62
May 2019 235274.4377838639 0.30 7.44
Jun 2019 236089.66712555243 0.35 7.26
Jul 2019 236634.5926198789 0.23 6.88
Aug 2019 237322.2266330274 0.29 6.57
Sep 2019 238129.86399665303 0.34 6.34
Oct 2019 239662.19354823197 0.64 6.42
Nov 2019 241784.06776699118 0.89 6.70
Dec 2019 244121.8988947157 0.97 7.07
Jan 2020 246922.62067896329 1.15 7.48
Feb 2020 250023.51817141115 1.26 7.93
Mar 2020 253485.77670194735 1.39 8.63
Apr 2020 256453.56998758923 1.17 9.32
May 2020 258325.20266590556 0.73 9.80
Jun 2020 259421.36892943876 0.42 9.88
Jul 2020 260532.30168306208 0.43 10.10
Aug 2020 262511.693502069 0.76 10.61
Sep 2020 266184.4478333507 1.40 11.78
Oct 2020 270942.472756482 1.79 13.05
Nov 2020 276582.32970805507 2.08 14.39
Dec 2020 282031.99049276963 1.97 15.53
Jan 2021 287424.3473093129 1.91 16.40
Feb 2021 293010.9499248298 1.94 17.19
Mar 2021 299462.9511711178 2.20 18.14
Apr 2021 306528.8681131668 2.36 19.53
May 2021 314546.3989027173 2.62 21.76
Jun 2021 323561.28988089645 2.87 24.72
Jul 2021 332711.2274469864 2.83 27.70
Aug 2021 341009.8945058854 2.49 29.90
Sep 2021 347746.2334897018 1.98 30.64
Oct 2021 353621.75124285003 1.69 30.52
Nov 2021 359383.90604229434 1.63 29.94
Dec 2021 364926.89844637533 1.54 29.39
Jan 2022 371186.991828084 1.72 29.14
Feb 2022 378319.71610641916 1.92 29.12
Mar 2022 386917.0422163356 2.27 29.20
Apr 2022 396076.85497198626 2.37 29.21
May 2022 405054.5120222345 2.27 28.77
Jun 2022 412561.2056739726 1.85 27.51
Jul 2022 416264.48876009416 0.90 25.11
Aug 2022 414945.3282240688 -0.32 21.68
Sep 2022 409140.924149889 -1.40 17.66
Oct 2022 401782.02832475473 -1.80 13.62
Nov 2022 394079.6923711202 -1.92 9.65
Dec 2022 386878.51191217266 -1.83 6.02
Jan 2023 380318.13798963564 -1.70 2.46
Feb 2023 375586.4774814138 -1.24 -0.72
Mar 2023 373336.9351030011 -0.60 -3.51
Apr 2023 372972.30111369846 -0.10 -5.83
May 2023 374088.7206296366 0.30 -7.64
Jun 2023 376178.5427623736 0.56 -8.82
Jul 2023 379446.7323532544 0.87 -8.85
Aug 2023 383419.33800586197 1.05 -7.60
Sep 2023 387045.36015793757 0.95 -5.40
Oct 2023 389903.1638243512 0.74 -2.96
Nov 2023 391694.7759162563 0.46 -0.60
Dec 2023 392704.35486581293 0.26 1.51
Jan 2024 393088.64373958105 0.10 3.36
Feb 2024 393732.0759940963 0.16 4.83
Mar 2024 394929.0210419246 0.30 5.78
Apr 2024 396723.90216288884 0.45 6.37
May 2024 398459.02306559106 0.44 6.52
Jun 2024 399137.8820918263 0.17 6.10
Jul 2024 399034.49875456933 -0.03 5.16
Aug 2024 397894.3552636983 -0.29 3.78
Sep 2024 396449.5860566606 -0.36 2.43
Oct 2024 394920.064816707 -0.39 1.29
Nov 2024 393669.603755475 -0.32 0.50
Dec 2024 392928.1634004347 -0.19 0.06
Jan 2025 392013.47711622406 -0.23 -0.27
Feb 2025 390343.7701644118 -0.43 -0.86
Mar 2025 387944.9747270861 -0.61 -1.77
Apr 2025 385482.9994899451 -0.63 -2.83
May 2025 383285.3891244529 -0.57 -3.81
Jun 2025 381158.1580776374 -0.56 -4.50
Jul 2025 379128.7606190765 -0.53 -4.99
Aug 2025 377271.9044157217 -0.49 -5.18
Sep 2025 375903.4004318447 -0.36 -5.18
Oct 2025 374562.9922527468 -0.36 -5.15
Nov 2025 373698.8187140483 -0.23 -5.07
Dec 2025 373521.53918558935 -0.05 -4.94
Jan 2026 374092.04158457794 0.15 -4.57