Downtown Phoenix is Arizona's epicenter of art, sports, music, events, cuisine, higher education, and architecture, bringing together people from all walks of life. With a skyline visible from nearly anywhere in the Valley, this community of high-rise condos, townhomes, and historic properties is Arizona's premiere spot for comfortable and exciting urban living.
Over the past decade, downtown Phoenix has successfully transitioned itself from sleeper city into Arizona's hotbed of start-ups, galleries, cuisine, and events. Downtown is now a walkable paradise for urbanists.
While there are no single-family homes available in downtown proper, those searching for picture-perfect condos are in for a treat, with historic high-rises, urban lofts, and new-build townhomes in abundance.
Urban dwellers interested in ditching their car can now do so comfortably, with many amenities within walking distance, and the light-rail offering easy service throughout downtown, midtown, and Tempe.
Overview of Downtown Phoenix real estate trends
- Average List Price $410.6K
- Average Home Size (Sq.Ft.) 1,046 sqft
- Average Price Per Square Foot $366 price/sqft
- Number of Homes Listed 25
- Number of Homes Sold 10
- Number of Homes On Market 15
Looking for a home in Downtown Phoenix?
01 The Locale
Downtown Phoenix is the cultural center of the Valley. Geographically defined as between 7th St and 7th Ave from East to West, and between Roosevelt and Lincoln on the North and South. This ideal location puts residents about 20 minutes from anywhere in the Valley, and only 5 minutes from Sky Harbor Airport.
The amenities and entertainment downtown is endless. Music venues include The Van Buren, Crescent Ballroom, and AZ Federal Theater. Favorite restaurants and bars include Hanny’s, Valley Bar, Harumi Sushi, and Bitter & Twisted. Entertainment options are abound, including Phoenix Suns and Arizona Diamondback games, The Arizona Science Center, Symphony Hall, Herberger Theatre, and Children’s Museum.
The Phoenix Light Rail runs throughout downtown Phoenix, extending far into the West (Glendale) and East (Mesa) major metros. This public project has lead to substantial growth throughout the entire urban core.
02 The Character
Modern, urban, historic, and trendy are the words you'll most commonly hear among locals to describe downtown Phoenix.
Real estate options range from the classic Orpheum Lofts, offering exposed brick and wooded interiors, to sleek new-builds like The Adeline, boasting and endless array of luxury amenities and services for its residents.
In the center of downtown lies Civic Space Park, featuring one of the most famous Phoenician public art displays: Her Secret Is Patience. This massive, floating art installation is inspired by the desert clouds of Arizona.
Civic Space Park features a beautiful, massive, floating art installation titled 'Her Secret is Patience'. Throughout the city you'll find endless street art and murals, bringing a creative flare to downtown Phoenix.
03 The Vibe
Downtown Phoenix has an atmosphere all its own. The culmination of native-Arizonans and transplants alike coming together to work, live, and play makes this urban core refreshingly exciting and rewarding to be a part of.
During the hot summer days, downtown provides solace for professionals working in the area through an abundance of shade trees, art installations, and, of course, the towering skyscrapers casting shadows below. As the sun sets and the temperatures calm, the city comes alive with restaurants, bars, shows, and sporting events igniting the night.
The Phoenix Public Market takes place every Saturday morning, offering residents a spot to grab farm-fresh produce and local eats. During the holiday season, it transforms at night to Phoestivus, a local holiday-inspired night market.
04 The Community
Comprising of a mix of working professionals, creatives, and college students, the residents of downtown Phoenix are always on the move. Coffee shop in the morning, work during the day, happy hour in the evening, and a concert to end the night. Downtown life is one of excitement around every corner.
Although neighbors here don't often stop to talk to each other on the street, this is a loving community of mutual support and admiration. It's common to support local art and artists, to back local causes, and to rally behind every new small business.
Real Estate in Popular Arizona Cities
Browse listings, view
photos, and connect
an agent to
schedule a viewing in some of our most popular cities.