Zip Code: 85034 (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 85034 Zip Code (Phoenix, Arizona) in February 2026 was $276,288.112. The month over month percentage change (MoM) was 1.49%, and the year over year percentage change (YoY) was -0.95%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85034 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 85034 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: 85034 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85034 (Phoenix, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 74862.34104208768 0.96 12.20
Feb 2015 75440.67088635634 0.77 11.45
Mar 2015 76282.20140927295 1.12 12.48
Apr 2015 78106.8191661919 2.39 15.61
May 2015 80169.69695768313 2.64 18.99
Jun 2015 82105.73351512307 2.42 21.33
Jul 2015 84134.72249716589 2.47 23.08
Aug 2015 86412.56381277148 2.71 24.29
Sep 2015 89430.54061455645 3.49 25.78
Oct 2015 92268.3424085753 3.17 27.84
Nov 2015 94835.1251567853 2.78 29.21
Dec 2015 96943.43972087365 2.22 30.73
Jan 2016 99183.51180586424 2.31 32.49
Feb 2016 101383.1746479647 2.22 34.39
Mar 2016 102881.56958637007 1.48 34.87
Apr 2016 103716.52133445913 0.81 32.79
May 2016 104175.75044352382 0.44 29.94
Jun 2016 105113.6351667436 0.90 28.02
Jul 2016 106094.1376717377 0.93 26.10
Aug 2016 107140.69350177958 0.99 23.99
Sep 2016 107917.86661748188 0.73 20.67
Oct 2016 108567.71847970791 0.60 17.67
Nov 2016 109694.21487494769 1.04 15.67
Dec 2016 111218.186866406 1.39 14.73
Jan 2017 113287.9052171099 1.86 14.22
Feb 2017 115281.90736071549 1.76 13.71
Mar 2017 116918.66730846517 1.42 13.64
Apr 2017 118136.77594551501 1.04 13.90
May 2017 118897.72205381776 0.64 14.13
Jun 2017 120260.08779667439 1.15 14.41
Jul 2017 122202.02335232463 1.62 15.18
Aug 2017 124634.80985000813 1.99 16.33
Sep 2017 126887.60853387912 1.81 17.58
Oct 2017 128313.79634898942 1.12 18.19
Nov 2017 129355.26408735746 0.81 17.92
Dec 2017 130519.7937173753 0.90 17.36
Jan 2018 132499.42749625028 1.52 16.96
Feb 2018 134795.42343635834 1.73 16.93
Mar 2018 136647.54537466416 1.37 16.87
Apr 2018 137656.96719080026 0.74 16.52
May 2018 138457.4645129953 0.58 16.45
Jun 2018 139478.71820559926 0.74 15.98
Jul 2018 141022.11707493328 1.11 15.40
Aug 2018 143111.77652824938 1.48 14.83
Sep 2018 145489.83960916064 1.66 14.66
Oct 2018 147375.59519263683 1.30 14.86
Nov 2018 148644.11093444467 0.86 14.91
Dec 2018 149442.67285583323 0.54 14.50
Jan 2019 151355.8618658842 1.28 14.23
Feb 2019 153615.42569266167 1.49 13.96
Mar 2019 156264.55149528582 1.73 14.36
Apr 2019 158286.12036765358 1.29 14.99
May 2019 160090.9784924004 1.14 15.63
Jun 2019 161597.8882346052 0.94 15.86
Jul 2019 162428.58331067243 0.51 15.18
Aug 2019 163606.0168254235 0.73 14.32
Sep 2019 164902.99564591955 0.79 13.34
Oct 2019 166890.27434913197 1.21 13.24
Nov 2019 168666.9516132691 1.07 13.47
Dec 2019 170284.14620828212 0.96 13.95
Jan 2020 172272.94364778113 1.17 13.82
Feb 2020 176549.4079654993 2.48 14.93
Mar 2020 182679.67647233614 3.47 16.90
Apr 2020 189695.56975860396 3.84 19.84
May 2020 194840.04557985347 2.71 21.71
Jun 2020 197502.01436166558 1.37 22.22
Jul 2020 198613.8618292996 0.56 22.28
Aug 2020 199373.96745880495 0.38 21.86
Sep 2020 201465.74745241215 1.05 22.17
Oct 2020 204450.09108559313 1.48 22.51
Nov 2020 208222.88694546814 1.85 23.45
Dec 2020 212173.2005777536 1.90 24.60
Jan 2021 216218.7893759224 1.91 25.51
Feb 2021 220318.35563035336 1.90 24.79
Mar 2021 225225.31789854387 2.23 23.29
Apr 2021 230131.36955873272 2.18 21.32
May 2021 235362.31211797358 2.27 20.80
Jun 2021 240957.22355391798 2.38 22.00
Jul 2021 246561.1458647966 2.33 24.14
Aug 2021 251448.87179813252 1.98 26.12
Sep 2021 254657.35990001415 1.28 26.40
Oct 2021 258121.12922441377 1.36 26.25
Nov 2021 262208.2677979311 1.58 25.93
Dec 2021 266363.59935745195 1.59 25.54
Jan 2022 270781.3541836284 1.66 25.24
Feb 2022 276074.523494902 1.96 25.31
Mar 2022 282074.273765045 2.17 25.24
Apr 2022 287459.1663849493 1.91 24.91
May 2022 291879.01393093023 1.54 24.01
Jun 2022 295781.62987852556 1.34 22.75
Jul 2022 297848.3362580192 0.70 20.80
Aug 2022 297255.256834942 -0.20 18.22
Sep 2022 294374.25735826 -0.97 15.60
Oct 2022 290846.45348465984 -1.20 12.68
Nov 2022 286819.8431257164 -1.38 9.39
Dec 2022 282568.0163256353 -1.48 6.08
Jan 2023 278029.69632421836 -1.61 2.68
Feb 2023 274255.3196237185 -1.36 -0.66
Mar 2023 271874.6963759282 -0.87 -3.62
Apr 2023 271040.43949517846 -0.31 -5.71
May 2023 270871.6653669115 -0.06 -7.20
Jun 2023 271852.94625158823 0.36 -8.09
Jul 2023 273156.8937887774 0.48 -8.29
Aug 2023 274723.5578061836 0.57 -7.58
Sep 2023 275399.23638731876 0.25 -6.45
Oct 2023 276329.7170137328 0.34 -4.99
Nov 2023 277518.616142943 0.43 -3.24
Dec 2023 278479.047410381 0.35 -1.45
Jan 2024 278925.4076621524 0.16 0.32
Feb 2024 279263.66389691294 0.12 1.83
Mar 2024 279669.9952926855 0.15 2.87
Apr 2024 280199.3596085057 0.19 3.38
May 2024 280704.806433725 0.18 3.63
Jun 2024 281338.81419265707 0.23 3.49
Jul 2024 281830.20234790427 0.18 3.18
Aug 2024 281816.75653731026 0.00 2.58
Sep 2024 281141.41106480657 -0.24 2.09
Oct 2024 280464.2536362373 -0.24 1.50
Nov 2024 280295.6146142455 -0.06 1.00
Dec 2024 281050.0663170461 0.27 0.92
Jan 2025 280833.2375137839 -0.08 0.68
Feb 2025 278945.38931612484 -0.67 -0.11
Mar 2025 275422.61988581606 -1.26 -1.52
Apr 2025 272486.74869337585 -1.07 -2.75
May 2025 269293.5445354041 -1.17 -4.07
Jun 2025 266926.2976124396 -0.88 -5.12
Jul 2025 264359.04997260176 -0.96 -6.20
Aug 2025 264376.3228525233 0.01 -6.19
Sep 2025 265921.8845650522 0.59 -5.41
Oct 2025 267805.50210341375 0.71 -4.51
Nov 2025 268600.7608991614 0.30 -4.17
Dec 2025 269398.39191097644 0.30 -4.15
Jan 2026 272225.30129372765 1.05 -3.06
Feb 2026 276288.1117717772 1.49 -0.95