Phoenix Downtown Homes for Sale in Maricopa County, Arizona

Phoenix Downtown, Arizona Average Home Sizes and Asking Prices

Updated On: May 19, 2012

Zipcode	Single Family Home					Townhome or Condo
	4 BR		3 BR		#Lst	3 BR		2 BR		#Lst
85018	3,400 sf	$975,000	2,200 sf	$495,000	162	2,300 sf	$358,000	1,200 sf	$136,000	38

Change and Trend of Asking Price in 85018

Sold Price History in 85018

Homes for Sale in Phoenix Downtown

Phoenix Downtown Real Estate Listings in Arizona

Downtown Phoenix is at the center of one of the fastest growing metropolitan areas in the United States. The Phoenix metropolitan area is the sixth largest in the United States and the downtown area is a hub of activity in this ever-growing city. Many housing options in Downtown Phoenix offer a lifestyle that is second to none. Future and current residents can choose to live in modern condos or lofts, high-rises, town homes, and even single-family homes.

Downtown Phoenix rivals most urban centers for the excitement and entertainment opportunities and thanks to the population boom in Maricopa County, more business are moving into the area. From professional sports, fine dining, and the arts, downtown Phoenix has something for everyone. Just minutes from the area’s two major freeways (I-10 and I-17) and the airport, Downtown Phoenix serves as a central point to the entire Valley of the Sun. Residents will also be able to utilize the light rail to travel along the 20 miles of tracks from Downtown Phoenix to north-central Phoenix, Tempe, Mesa, and Sky Harbor International Airport. With the recently renovated Convention Center, Chase Field and U.S. Airways Arena all within walking distance, as well as several nearby concert venues and theaters, entertainment isn’t hard to find.

Those who choose to live in Downtown Phoenix are less than 30 minutes from Arizona State University, Glendale, the home of the NFL Cardinals and NHL Coyotes, two major outdoor concert venues, several world class golf resorts and nine area spring training teams. A temperate climate means that outdoor activities can be enjoyed year-round.

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Downtown Phoenix Real Estate Market - Price Range of Downtown Phoenix Houses

While most of Downtown Phoenix is urban replete with high-rises and townhomes, there are also numerous single-family houses in the surrounding neighborhoods. Duplexes and triplexes are also in abundance for those looking for an investment. Older Downtown Phoenix homes with a lot of charm and character, including several in the historic neighborhoods just to the north of the downtown area, can be found for as little as the low $100,000s. There are a variety of home styles in the area including adobe homes that reflect the southwestern lifestyle. Homes needing to be rehabbed in Downtown Phoenix can be had for as little as $100,000 up to $250,000. Much of the housing in the area consists of downtown lofts and condos, which begin at $75,000. In addition to the numerous options available there are plans to build more luxury high-rise housing.

Phoenix Downtown Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $495,332 compared to $495,722 the previous week, for a slight decrease of less than -1%.  For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Phoenix Downtown AZ. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Phoenix Downtown to help you find the best home!