Cheap Homes in Phoenix, AZ

Search within map
View this home at E Van Buren St Phoenix AZ 85008
$11,220 EMV
E Van Buren St
Phoenix, AZ 85008
EST. RENT: $770
AUCTION: 04-25-2024
Displaying 1 - 10 of 10
More real estate for sale

Other cities with foreclosures
Zip codes

Phoenix, AZ Foreclosures

How much do homes sell for in Phoenix, AZ?
The average home price is currently $495,946.
In Phoenix, AZ, how many homes are available?
There are currently 376,388 active home listings available in Phoenix.
What’s the average rental cost in Phoenix, AZ?
The average rental price in Phoenix is $1,487.
What is the most expensive home in Phoenix, Arizona?
The most expensive home sold in Phoenix had a price of $19,787,300.
What is currently the cheapest priced home in Phoenix, AZ?
The cheapest home for sale in Phoenix is priced at $19,836.

Home Value Estimator For Phoenix, AZ

There are currently 376,388 real estate properties in Phoenix, AZ, with a median automated valuation model (AVM) price of $399,241.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Phoenix, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Phoenix, AZ, is $495,946.00, with the most expensive house in Phoenix, AZ, topping out at $19,787,300.00 and the cheapest home in Phoenix, AZ, clocking in at $19,836.00. In other words, there’s something for every potential homebuyer or savvy investor in Phoenix, AZ!

Rent Prices In Phoenix, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phoenix, AZ, is on a rollercoaster ride. The average rent price in Phoenix, AZ, is $1,487.00. Indeed, when looking to rent in Phoenix, AZ, you can expect to pay as little as $460.00 or as much as $5,780.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Phoenix, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Phoenix, AZ In 2024

Phoenix is located in Maricopa, Arizona, with an estimated municipal population of 1,680,992 residents. All of the best foreclosed homes for sale in Phoenix are located in the following zip code areas on 85008 85009 85006 85007 85004 85083 85086 85087 85085 85383 85033 85304 85306 85308 85020 85021 85022 85023 85024 85027 85028 85029 85353 85019 85018 85013 85012 85015 85014 85017 85016 85254 85003 85044 85045 85042 85043 85040 85041 85048 85054 85037 85035 85034 85032 85031 85307 85310 85051 85050 85053 85001 85002 85005 85010 85011 85026 85030 85036 85038 85046 85060 85061 85062 85063 85064 85065 85066 85067 85068 85069 85070 85071 85072 85073 85074 85075 85076 85078 85079 85080 85082. The estimated population per square kilometer (.62 miles) in Phoenix is 1,253.

Cost Of Living In Phoenix, AZ

So, about how much do homes cost in Phoenix? The most recent median value of resident-owned homes in Phoenix is 233,066. An estimated 54.4 percent of households in Phoenix own their homes, with an average family size of 3.55. The median household income in Phoenix is 57,459, with25.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Phoenix, the median commute time of resident workers (in minutes) is 26.2. And last, but certainly not least, are you looking for homes to rent in Phoenix? If so, the average rent price paid by renters in Phoenix is 1,053, according to recent statistics.

Diversity And Demographics In Phoenix, Arizona

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Phoenix, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Phoenix is 33.8, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Phoenix is 42.1, with an average family size of 3.55.

The percentage of residents who report their race in Phoenix is as follows:

White 72.9%
Black / African American 7.1%
Asian 3.8%
American Indian / Alaskan Native 2.1%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 3.9%
Other 10%

Looking for family-friendly neighborhoods in and/or near Phoenix? Or maybe you are searching for 55+ active adult communities in and/or near Phoenix?

The percentage of residents who report their age in Phoenix is as follows:

Under 10 14.5%
Aged 10-19 14.3%
20s 15.3%
30s 15.1%
40s 13.2%
50s 11.9%
60s 8.8%
70s 4.5%
80+ 2.3%

Best Schools In Phoenix, Arizona

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Phoenix with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Phoenix.

Pros And Cons Of Living In Phoenix, Arizona

How do you know that living in -- or moving to -- Phoenix is right where you need to be? Perhaps you grew up in Phoenix or already live nearby; therefore, the decision to buy a home in Phoenix is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Phoenix for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Phoenix:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Phoenix.

Reasons To Move To Phoenix, Arizona, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Phoenix can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Phoenix, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Phoenix, AZ


Listing types in Phoenix, AZ

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily! Advantages

Many listings on are not found anywhere else. Save thousands on incredible foreclosure deals in Phoenix, AZ. Save up to 62% with deals in Phoenix, AZ.

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © / 1999-2024. All Rights Reserved.