Midtown Phoenix Homes Market Overview
Highlights
As of March 16, 2025, the single-family home market in Midtown Phoenix reflects notable shifts that will affect both buyers and sellers.
- Currently, active listings have increased over the past month, reaching 33, a notable growth from 15 three months ago.
- The average sold price stands at $859,989, which shows a significant climb compared to $777,641 just three months prior.
- Meanwhile, days on the market (DOM) have stabilized at an average of 63 days since last month, indicating steady buyer engagement.
- Lastly, the months of inventory have risen slightly to 5.8 months, hinting at an influx of available homes.
Info About Midtown Phoenix Homes
Midtown Phoenix has developed into a thriving and busy area for those looking for a unique urban lifestyle, but if you venture off the main strip, you’ll find established quiet areas with old growth trees, parks, winding roads, and children playing in the street.
Have you ever wanted to live in the past? Almost all the Midtown Phoenix homes for sale are vintage and charming; some are even located in well-loved historic districts like Willo and FQ Story. Many have been remodeled yet preserving the charm from yesteryear, so you get the best of both worlds.
Many of the city’s top restaurants, art galleries, museums, schools, entertainment venues, hospitals, and businesses are easily situated close to these homes.
Restaurants
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One of its best qualities is the variety of restaurants in the neighborhood. There are many of the best restaurants in the city, including Blue Fin, the iconic Durant’s, El Chullo Peruvian Restaurant & Bar, and Mary Coyle Ol’ Fashion Ice Cream. You can find a restaurant to satisfy any craving, whether it be for fine dining, pizza, or something entirely different.
Arts and Culture
There are a number of museums and art galleries in Midtown Phoenix. There is the Heard Museum, which is dedicated to the art and culture of Native Americans. With its impressive collection of modern and contemporary art, the Phoenix Art Museum is a must-see destination. Local artists’ works are exhibited in a few smaller galleries and studios as well.
Family Time
The Enchanted Island Amusement Park is in Encanto Park and provides rides, a train ride, pedal boats, and even the option to simply sit and observe the ducks. Walking around, it’s hard to believe you’re in a desert because of the old growth trees, palm trees, and other lush flora all around you. Steele Indian School Park is another well-liked park where people can unwind and enjoy the large grassy areas while playing basketball or volleyball. There are a few activities held here throughout the year as well.
Medical Services
St. Joseph’s Hospital and Medical Center, Banner – University Medical Center Phoenix, and other hospitals and healthcare centers can be found in Midtown Phoenix. The well-known Phoenix Children’s Hospital is located in Central Phoenix, not far from Midtown. These facilities provide locals with access to top-notch medical services and treatment.
Midtown Phoenix Homes for Sale
Schools
When it comes to education, there are lots of options for both public and private institutions, including Brophy College Preparatory and Xavier College Preparatory. On top of that, there is the renowned charter school BASIS.
Public Transportation
Locals can easily get around without a vehicle thanks to the light rail that runs through Midtown Phoenix. Residents can use this public transit choice to travel to other parts of the city, including Downtown Phoenix, Uptown Phoenix, Tempe, Mesa, and Sky Harbor Airport.
Final Thoughts
Some of the finest restaurants, museums, art galleries, hospitals, schools, entertainment venues, and establishments in the city are accessible to people who live in Midtown Phoenix. It is a vibrant and interesting area. If you’re looking for an urban lifestyle in established areas, Midtown Phoenix homes should be an area to think about.
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Midtown Phoenix Homes Market Report
An In-Depth Look at Midtown Phoenix Homes
The single-family home market in Midtown Phoenix, as of March 16, 2025, illustrates a landscape influenced by both increasing inventory and rising prices. Over the past month, the active listings surged to 33—a growth of more than 100% compared to just 15 listings observed three months ago. This increase in options may offer potential buyers an expanded selection, but it also sets the stage for more competition among sellers aiming to attract interest.
In terms of pricing, the average sold price for listings in this area has shown resilience, climbing to $859,989. This marks a robust increase from three months ago when the average sold price was $777,641. The urgency in the market may be further emphasized by the rising days on market, which has recently stabilized around 63 days. Such stability in DOM indicates a balanced pace of sales, as buyers continue to engage without extensive delays between listing and closing.
Moreover, the months of inventory currently stand at 5.8 months. While this level of inventory suggests a slight increase in available properties, it remains within a healthy range where the market does not lean excessively toward buyers or sellers. A market with 5.8 months of inventory suggests sufficient supply to meet demand, allowing for normal negotiations.
All these metrics combined create a backdrop of opportunity and caution for homebuyers and sellers. Buyers may find favorable conditions as they can explore more options, but they should also be prepared for potential price adjustments due to increased competition. Sellers, on the other hand, should be strategic in pricing their homes, as the rising inventory means they need to stand out to draw buyers in effectively. Adjusting expectations based on these dynamics could lead to successful transactions in this evolving market.
Brian Adamski, Realtor
17+ Years of Experience
Trusted Real Estate Consultant
480-405-1265
Brian Adamski, Realtor
17+ Years of Experience
Trusted Real Estate Consultant
480-405-1265