As of April 2026, the Phoenix real estate market is settling into a "split" phase, where demand remains strong for well-located, properly priced homes, while overpriced or less desirable properties sit on the market longer.
South Phoenix ($375k median) and Avondale ($380k median) due to infrastructure improvements. Investor Hotspots
Investors looking at BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategies are finding value in these areas:
Inquire if a home is block or frame/wood construction . Block homes, common in the 60s-80s, offer better insulation against desert heat, while 2x6 frame construction is preferred over 2x4 for energy efficiency.