Market Intelligence · AZ / Phoenix

Phoenix, AZ 85014 Housing Market

Homes in Phoenix's 85014 ZIP are worth a typical $446,732, down 1.4% over the past year. The median list price stands at $419,500, with homes taking a median 75 days to sell.

Updated August 2026Median value$442K

The median home value in Phoenix, AZ 85014 is $442K as of August 2026, down 0.8% 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 85014 range

$407K to $477K

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

-0.8% over 12 months

Typical home value in 85014 over the last 12 months: $446K in Aug 2025 to $442K in Aug 2026 (-0.8%).

Aug 2025$446K

Aug 2026$442K

The numbers

What is the 85014 housing market like?

Typical home value

$442K

Down0.8%YoY

Median list price

$420K

Down5.6%MoM

Days on market

75

Down2.6%MoM

Homes for sale

101

Up2.0%MoM

Price cuts

33.8%

Up32.8%MoM

New listings

20

Down41.2%MoM

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

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The comparison

How do 85014 home prices compare?

  • 85014$442,128
  • 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

The area has 101 homes for sale as of August 2026, with 20 new listings entering the market recently. Nearly a third of listings, 33.8%, have seen price cuts. The combination of longer selling times and frequent price reductions suggests buyer interest remains selective. Sellers should expect a patient market where pricing competitively from the start can make a meaningful difference.

Monthly payment

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20% · $88,426

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