Is golfing your thing? Does living in a hot desert climate, or living in one of the world’s sunniest regions, sound like a good idea? Then look no further than Phoenix, AZ, home to more than 160 golf clubs that offer more than 185 different golf courses, with its sunshine duration comparable to the Sahara region. Phoenix is the cultural center of Arizona, in addition to being the home to corporate headquarters of ten Fortune 500 companies. So leave your umbrella behind, and check out the neighborhoods we rated the best places to live (based on growth of median closing prices over the past three years).
Here is Tomo’s list of the best neighborhoods in Phoenix.
| Neighborhood | Median Closing Price | Median 3 year Closing Price | % Change |
|---|---|---|---|
| Sunnyslope | $580,000 | $389,000 | 49.1% |
| East Phoenix | $1,450,000 | $975,000 | 48.7% |
| Sunny Slope/North Mountain/North Phoenix | $665,000 | $464,900 | 43.0% |
| Paradise Valley | $735,000 | $515,000 | 42.7% |
| Camelback Corridor|Camelback East|Central Phoenix | $725,000 | $517,500 | 40.1% |
| Camelback Corridor|Camelback East|Central Phoenix | $630,000 | $451,000 | 39.7% |
| Alhambra | $350,000 | $251,000 | 39.4% |
| Estrella | $315,000 | $228,000 | 38.2% |
| South Mountain | $359,000 | $259,900 | 38.1% |
| Camelback East | $470,000 | $345,000 | 36.2% |
Camelback Corridor
This fully remodeled home in the Camelback Corridor is walkable to almost everything. Open floor plan, new windows, landscaping perfect for the climate, and new kitchen are just some of the features of this home. This neighborhood ranked fifth on our list—with a 40% growth rate in the median closing price over the last three years.
Methodology
We looked at the median home close price by zip code during March, 2024 and compared that to the median home close price over the prior three years to determine the percent growth. We then ranked the zip codes, within each state, to determine which neighborhood had the highest percent change (essentially the highest growth).
Want to see other best neighborhoods?
For more information on other cities or neighborhoods in this series, look no further than Best Neighborhoods in Chicago, Tampa, DC, Charlotte, Raleigh, Orlando, Fairfield or Seattle. Still settled on moving to the Orlando area, see the latest Phoenix listings.
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