South Mountain Village, Phoenix, AZ—85042
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$386,000
2.9% YoY Growth
Household Income
$86,800
61.3% YoY Growth
Days on Market
56
15.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
$2,200
4.0% YoY Growth
1-Bed Rent
$1,260
2.5% YoY Growth
2-Bed Rent
$1,700
1.1% YoY Growth
3-Bed Rent
$2,300
10.5% YoY Growth
Home Price Trends — South Mountain Village, Phoenix, AZ
As of May '26, the median home price in South Mountain Village, Phoenix, AZ is $386,000, with a year-over-year change of -2.9%. This indicates that home prices in South Mountain Village, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $386,000 | -2.9% |
| Single Family | $390,000 | -2.5% |
| Condos | $255,000 | -3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |