Market Intelligence · AZ / Phoenix

Phoenix, AZ 85018 Housing Market

The typical home value in Phoenix 85018 is $993,497, up 4.0% over the past year. The median list price sits at $1,155,750, and homes are taking a median of 62 days on market.

Updated June 2026Median value$993K

The median home value in Phoenix, AZ 85018 is $993K as of June 2026, up 4.0% 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 85018 range

$914K to $1.07M

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

+4.0% over 12 months

Typical home value in 85018 over the last 12 months: $955K in Jun 2025 to $993K in Jun 2026 (+4.0%).

Jun 2025$955K

Jun 2026$993K

The numbers

What is the 85018 housing market like?

Typical home value

$993K

Up4.0%YoY

Median list price

$1.16M

Days on market

62

Down2.4%MoM

Homes for sale

252

Price cuts

33.5%

New listings

80

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

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The comparison

How do 85018 home prices compare?

  • 85018$993,497
  • 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 2026, there are 252 homes for sale in 85018, with 80 new listings recently added. The median list price is $1,155,750, while the typical home value is $993,497, up 4.0% over the past year. Homes are taking a median of 62 days to sell, and 33.5% of listings have had a price cut. If you are considering selling here, expect a market where buyers have time and options, so pricing carefully matters.

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