What is the typical home value in 85006?

The typical home value in this Phoenix ZIP is $407,588, down 2.4% compared to the prior year.

How long do homes stay on the market in 85006?

The median days on market is 51, indicating a moderate timeframe for sales in this area.

What share of homes are being price-reduced?

37.6% of active listings have received a price cut, reflecting competitive conditions.

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. The median list price stands at $527,500, with homes typically on the market for 51 days.

Updated August 2026Median value$407K

The median home value in Phoenix, AZ 85006 is $407K as of August 2026, down 1.8% 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.

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Typical 85006 range

$374K 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.

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12-month value trend

-1.8% over 12 months

Aug 2025$414K

Low $406KHigh $415K

Aug 2026$407K

The numbers

What is the 85006 housing market like?

As of August 2026

Typical home value

$407K

1.8%YoY

Median list price

$528K

5.5%MoM

Days on market

7.3%MoM

Homes for sale

1.8%MoM

Price cuts

37.6%

24.3%MoM

New listings

11.1%MoM

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

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The comparison

How do 85006 home prices compare?

85006$406,945
Phoenix$411,560
Arizona$388,803
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Phoenix: 42 ZIPs; Arizona: 300 ZIPs; United States: 26,265 ZIPs).

Context

Phoenix 85006 has 57 homes for sale as of early August 2026, with 20 new listings entering the market. The median days on market of 51 suggests moderate absorption time for available inventory. Price cuts are affecting a significant portion of the market, with 37.6% of listings reduced from their original ask. The year-over-year decline in home values reflects broader cooling in this part of Phoenix. For sellers, this is a market where pricing strategy and condition matter more than they did a year ago.

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