Phoenix, AZ

Real Estate Investment Market Analysis

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Market Overview

Median Home Price

$444,082

-3.6% YoY

Median Rent

$1,763/mo

-0.7% YoY

Avg Cap Rate

3.1%

Investment yield

Days on Market

62

Avg listing time

Market Conditions

Supply & Demand

Inventory LevelBalanced
Market Heat
52/100
Price-to-Rent Ratio21.0

Economic Indicators

Population1,609,456
Population Growth+1.5%
Unemployment Rate4.6%

Investment Opportunity Assessment

+Strengths

  • Growing population base

!Considerations

  • High price-to-rent ratio

Next Steps

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