Market Intelligence · AZ / Phoenix

Phoenix, AZ 85017 Housing Market

The typical home value in Phoenix 85017 is $302,451, down 4.5% over the past year. The median list price is $270,750, and homes are taking a median of 88 days on market.

Updated June 2026Median value$302K

The median home value in Phoenix, AZ 85017 is $302K as of June 2026, down 4.5% 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 85017 range

$278K to $327K

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

-4.5% over 12 months

Typical home value in 85017 over the last 12 months: $317K in Jun 2025 to $302K in Jun 2026 (-4.5%).

Jun 2025$317K

Jun 2026$302K

The numbers

What is the 85017 housing market like?

Typical home value

$302K

Down4.5%YoY

Median list price

$271K

Days on market

88

Up79.6%MoM

Homes for sale

56

Price cuts

32.9%

New listings

16

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

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The comparison

How do 85017 home prices compare?

  • 85017$302,451
  • Phoenix$417,347
  • Arizona$393,310
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Phoenix: 42 ZIPs; Arizona: 300 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 56 homes for sale in this part of Phoenix, with 16 new listings added recently. The median list price sits at $270,750, and the median days on market is 88. About 32.9% of listings have had a price cut, and the typical home value of $302,451 is down 4.5% over the past year. This is a slower market, so sellers should price carefully and plan for a longer timeline.

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