Market Intelligence · AZ / Phoenix

Phoenix, AZ 85014 Housing Market

The typical home value in Phoenix, AZ 85014 is $439,608, down 0.5% over the past year as of September 2026. The median list price is $427,450, and homes spend a median of 86 days on the market.

Updated September 2026Median value$440K

The median home value in Phoenix, AZ 85014 is $440K as of September 2026, down 0.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 85014 range

$404K to $475K

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

-0.5% over 12 months

Sep 2025$442K

Low $439KHigh $446K

Sep 2026$440K

The numbers

What is the 85014 housing market like?

As of September 2026

Typical home value

$440K

0.5%YoY

Median list price

$427K

1.9%MoM

Days on market

14.7%MoM

Homes for sale

3.0%MoM

Price cuts

29.3%

13.4%MoM

New listings

10.0%MoM

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

The outlook

85014 housing market forecast 2027

-1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85014 to fall 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 85014 fell 0.5%, per the Zillow Home Value Index.

Will home prices drop in 85014?

Zillow's forecast says they may: it expects typical home values in 85014 to fall 1.9% by September 2027, after a 0.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 85014 home prices compare?

85014$439,608
Phoenix$408,720
Arizona$385,442
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Phoenix: 42 ZIPs; Arizona: 300 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 98 homes for sale in 85014, with 22 new listings entering the market. The median list price sits at $427,450, while the typical home value is $439,608. That typical value is down 0.5% over the past year. Homes are taking a median of 86 days to sell, and 29.3% of listings have taken a price cut. For sellers, this points to a slower market where pricing accurately from the start matters more than testing the high end.

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Common questions

What people ask us.

How much is a home in 85014 worth?

The typical home value in 85014 is $439,608 as of September 2026, down 0.5% over the past year.

How long does it take to sell a home in 85014?

Homes in 85014 spend a median of 86 days on the market as of September 2026.

How many homes are for sale in 85014?

There are 98 homes for sale in 85014 as of September 2026, including 22 new listings.

Discover

Nearby ZIP markets.

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