Biltmore Area, Phoenix, AZ—85016
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$510,000
3.4% YoY Growth
Household Income
$85,100
50.8% YoY Growth
Days on Market
75
10.0% Longer YoY
Home Price Forecast
0.5%
Median Rent
$1,920
0.8% YoY Growth
1-Bed Rent
$1,500
6.0% YoY Growth
2-Bed Rent
$2,000
0.4% YoY Growth
3-Bed Rent
$2,900
5.8% YoY Growth
Home Price Trends — Biltmore Area, Phoenix, AZ
As of Dec '25, the median home price in Biltmore Area, Phoenix, AZ is $510,000, with a year-over-year change of -3.4%. This indicates that home prices in Biltmore Area, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $510,000 | -3.4% |
| Single Family | $582,000 | -2.5% |
| Condos | $316,000 | -5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |