Market Intelligence · AZ / Phoenix

Phoenix, AZ 85020 Housing Market

The typical home value in Phoenix 85020 is $405,118, down 1.2% over the past year. The median list price is $386,075, and homes are taking a median of 72 days on market as of 2026-06-01.

Updated June 2026Median value$405K

The median home value in Phoenix, AZ 85020 is $405K as of June 2026, down 1.2% 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 85020 range

$373K to $438K

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

-1.2% over 12 months

Typical home value in 85020 over the last 12 months: $410K in Jun 2025 to $405K in Jun 2026 (-1.2%).

Jun 2025$410K

Jun 2026$405K

The numbers

What is the 85020 housing market like?

Typical home value

$405K

Down1.2%YoY

Median list price

$386K

Days on market

72

Up46.9%MoM

Homes for sale

182

Price cuts

30.3%

New listings

46

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

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The comparison

How do 85020 home prices compare?

  • 85020$405,118
  • 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 2026-06-01, there were 182 homes for sale in this part of Phoenix, with 46 new listings added. The typical home value sits at $405,118, down 1.2% over the past year, and the median list price is $386,075. Homes are spending a median of 72 days on market, and 30.3% of listings have had a price cut. For a seller, this points to a slower market where realistic pricing and patience matter more than expecting a quick sale.

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