Market Intelligence · AZ / Phoenix

Phoenix, AZ 85006 Housing Market

The typical home value in Phoenix 85006 is $407,588, down 2.4% over the past year. Homes are listing at a median of $499,925 and staying on the market for 55 days on average.

Updated August 2026Median value$408K

The median home value in Phoenix, AZ 85006 is $408K as of August 2026, down 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Get a cash offer

Sell without the wait

Sell your Phoenix home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 85006 range

$375K to $440K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 85006 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Phoenix, AZ.

12-month value trend

-2.4% over 12 months

Typical home value in 85006 over the last 12 months: $418K in Jul 2025 to $408K in Jul 2026 (-2.4%).

Jul 2025$418K

Jul 2026$408K

The numbers

What is the 85006 housing market like?

Typical home value

$408K

Down2.4%YoY

Median list price

$528K

Up5.5%MoM

Days on market

51

Down7.3%MoM

Homes for sale

57

Up1.8%MoM

Price cuts

37.6%

Up24.3%MoM

New listings

20

Up11.1%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

Free home value report

See what your 85006 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 85006 home prices compare?

  • 85006$407,588
  • Phoenix$412,599
  • Arizona$392,647
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Phoenix: 42 ZIPs; Arizona: 300 ZIPs; United States: 26,266 ZIPs).

Context

This ZIP has 56 homes for sale with 18 new listings as of July 2026. The median days on market stands at 55, suggesting moderate buyer interest but not a fast-moving market. About 30.3% of listings have received price cuts, which aligns with the year-over-year decline in home values. Sellers should expect negotiation and prepare for a patient sales process.

Monthly payment

Estimate your monthly payment.

20% · $81,518

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.