Zip Code: 85032 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 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 85032 Zip Code (Phoenix, Arizona) in February 2026 was $448,947.722. The month over month percentage change (MoM) was 0.41%, and the year over year percentage change (YoY) was -1.66%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85032 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 85032 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: 85032 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85032 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 194980.15377098406 0.48 4.56
Feb 2015 195803.2858919838 0.42 4.12
Mar 2015 196755.8544827125 0.49 3.81
Apr 2015 197911.4624477422 0.59 3.84
May 2015 199418.53434338202 0.76 4.25
Jun 2015 200960.8319641956 0.77 4.92
Jul 2015 202653.24808935542 0.84 5.77
Aug 2015 204491.93471716336 0.91 6.60
Sep 2015 206525.87707840314 1.00 7.44
Oct 2015 208714.20599735845 1.06 8.38
Nov 2015 211142.43227702813 1.16 9.29
Dec 2015 213817.99212820156 1.27 10.19
Jan 2016 216834.87439052574 1.41 11.21
Feb 2016 219644.8228049192 1.30 12.18
Mar 2016 221697.370733895 0.93 12.68
Apr 2016 222970.75900880562 0.57 12.66
May 2016 223992.80140652208 0.46 12.32
Jun 2016 225101.94738742322 0.50 12.01
Jul 2016 226332.00299392294 0.55 11.68
Aug 2016 227569.4526199133 0.55 11.29
Sep 2016 229201.45628401195 0.72 10.98
Oct 2016 230954.2839077056 0.77 10.66
Nov 2016 232590.99749038185 0.71 10.16
Dec 2016 233866.17276947162 0.55 9.38
Jan 2017 234920.8104981409 0.45 8.34
Feb 2017 236159.76768565513 0.53 7.52
Mar 2017 237734.93053360414 0.67 7.23
Apr 2017 239481.168405759 0.74 7.41
May 2017 240968.51207604737 0.62 7.58
Jun 2017 242296.8214140093 0.55 7.64
Jul 2017 243419.86131399698 0.46 7.55
Aug 2017 244747.41280926426 0.55 7.55
Sep 2017 246182.75821510315 0.59 7.41
Oct 2017 247782.1587416121 0.65 7.29
Nov 2017 248992.00498004557 0.49 7.05
Dec 2017 250350.28814316052 0.55 7.05
Jan 2018 251883.25654356438 0.61 7.22
Feb 2018 253580.52111643172 0.67 7.38
Mar 2018 254993.80560132474 0.56 7.26
Apr 2018 256147.8334580476 0.45 6.96
May 2018 257541.27032168407 0.54 6.88
Jun 2018 259153.22095272064 0.63 6.96
Jul 2018 261047.81859118576 0.73 7.24
Aug 2018 262956.9196511099 0.73 7.44
Sep 2018 264681.14424688206 0.66 7.51
Oct 2018 266076.8025351996 0.53 7.38
Nov 2018 267319.3435749722 0.47 7.36
Dec 2018 268492.1430327497 0.44 7.25
Jan 2019 269854.8220211337 0.51 7.14
Feb 2019 271549.54773515434 0.63 7.09
Mar 2019 273188.6497408709 0.60 7.14
Apr 2019 274490.9602306197 0.48 7.16
May 2019 275160.39960672864 0.24 6.84
Jun 2019 275934.9954496468 0.28 6.48
Jul 2019 276662.0895632152 0.26 5.98
Aug 2019 277851.9099627822 0.43 5.66
Sep 2019 279227.85659920756 0.50 5.50
Oct 2019 281141.80159285956 0.69 5.66
Nov 2019 283271.6327220734 0.76 5.97
Dec 2019 285484.7111046191 0.78 6.33
Jan 2020 288653.94292518083 1.11 6.97
Feb 2020 292860.00014559354 1.46 7.85
Mar 2020 297923.48877931613 1.73 9.05
Apr 2020 302313.1644502775 1.47 10.14
May 2020 305030.16382634913 0.90 10.86
Jun 2020 306307.22630305676 0.42 11.01
Jul 2020 307493.09862932196 0.39 11.14
Aug 2020 309877.51105485746 0.78 11.53
Sep 2020 314326.6126073056 1.44 12.57
Oct 2020 319663.10581895284 1.70 13.70
Nov 2020 325481.8101597367 1.82 14.90
Dec 2020 331335.7046953858 1.80 16.06
Jan 2021 337191.1909246423 1.77 16.82
Feb 2021 343561.01018828835 1.89 17.31
Mar 2021 350725.9048488972 2.09 17.72
Apr 2021 358746.4833294905 2.29 18.67
May 2021 367870.19139549875 2.54 20.60
Jun 2021 377816.0301717133 2.70 23.35
Jul 2021 387610.6908500613 2.59 26.06
Aug 2021 395940.6264564351 2.15 27.77
Sep 2021 402576.4907937888 1.68 28.08
Oct 2021 408438.84891504905 1.46 27.77
Nov 2021 414605.76602566225 1.51 27.38
Dec 2021 420598.9373357036 1.45 26.94
Jan 2022 427691.6026991335 1.69 26.84
Feb 2022 435849.33262599475 1.91 26.86
Mar 2022 446364.5088074077 2.41 27.27
Apr 2022 457766.61850522086 2.55 27.60
May 2022 469003.2320505262 2.46 27.49
Jun 2022 477861.47697652905 1.89 26.48
Jul 2022 482092.07611359755 0.89 24.38
Aug 2022 480386.465310256 -0.35 21.33
Sep 2022 473772.2702517353 -1.38 17.68
Oct 2022 465625.829292291 -1.72 14.00
Nov 2022 457538.49243732466 -1.74 10.36
Dec 2022 449956.0150724281 -1.66 6.98
Jan 2023 442567.1760769414 -1.64 3.48
Feb 2023 436744.3466235225 -1.32 0.21
Mar 2023 433284.1741281489 -0.79 -2.93
Apr 2023 432104.4794421165 -0.27 -5.61
May 2023 432519.61040627345 0.10 -7.78
Jun 2023 434790.5274416981 0.53 -9.01
Jul 2023 438590.3306865686 0.87 -9.02
Aug 2023 443431.8865480845 1.10 -7.69
Sep 2023 447840.170940155 0.99 -5.47
Oct 2023 451734.283240387 0.87 -2.98
Nov 2023 454787.25180274405 0.68 -0.60
Dec 2023 456513.78186483664 0.38 1.46
Jan 2024 457040.3873210258 0.12 3.27
Feb 2024 457397.2905909733 0.08 4.73
Mar 2024 458544.54929686995 0.25 5.83
Apr 2024 460185.6675903038 0.36 6.50
May 2024 461609.952019217 0.31 6.73
Jun 2024 461912.47659466806 0.07 6.24
Jul 2024 461390.68348407425 -0.11 5.20
Aug 2024 460170.0121715285 -0.26 3.78
Sep 2024 459168.1862522056 -0.22 2.53
Oct 2024 458434.3344323157 -0.16 1.48
Nov 2024 458122.53745570424 -0.07 0.73
Dec 2024 458230.78495405964 0.02 0.38
Jan 2025 457775.20247866266 -0.10 0.16
Feb 2025 456507.3039434186 -0.28 -0.19
Mar 2025 453977.9279635749 -0.55 -1.00
Apr 2025 451664.1706579987 -0.51 -1.85
May 2025 449353.1292076779 -0.51 -2.65
Jun 2025 447347.01512955484 -0.45 -3.15
Jul 2025 445111.4160828429 -0.50 -3.53
Aug 2025 443131.2460228379 -0.44 -3.70
Sep 2025 441714.6552519553 -0.32 -3.80
Oct 2025 441556.28322238923 -0.04 -3.68
Nov 2025 442592.2081482517 0.24 -3.39
Dec 2025 444745.5058680656 0.49 -2.94
Jan 2026 447099.0250288518 0.53 -2.33
Feb 2026 448947.72248273034 0.41 -1.66