Grand Canyon University, Phoenix, AZ—85017
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$301,000
4.4% YoY Growth
Household Income
$51,700
60.5% YoY Growth
Days on Market
84
62.0% Longer YoY
Home Price Forecast
-1.3%
Median Rent
$1,300
5.5% YoY Growth
1-Bed Rent
$944
12.1% YoY Growth
2-Bed Rent
$1,300
2.3% YoY Growth
3-Bed Rent
$1,760
5.3% YoY Growth
Home Price Trends — Grand Canyon University, Phoenix, AZ
As of May '26, the median home price in Grand Canyon University, Phoenix, AZ is $301,000, with a year-over-year change of -4.4%. This indicates that home prices in Grand Canyon University, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $301,000 | -4.4% |
| Single Family | $306,000 | -4.1% |
| Condos | $146,000 | -14.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |