Home ValuePros

Market Intelligence · AZ / Phoenix

Phoenix, AZ 85020 Housing Market

The typical home value in Phoenix 85020 is $406,540, down 0.8% over the past year. The median list price stands at $389,999, with homes taking a median of 77 days to sell.

Updated August 2026Median value$403K

The median home value in Phoenix, AZ 85020 is $403K as of August 2026, down 0.3% 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

$371K to $436K

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

-0.3% over 12 months

Typical home value in 85020 over the last 12 months: $404K in Aug 2025 to $403K in Aug 2026 (-0.3%).

Aug 2025$404K

Aug 2026$403K

The numbers

What is the 85020 housing market like?

Typical home value

$403K

Down0.3%YoY

Median list price

$390K

Down1.3%MoM

Days on market

77

Flat0.0%MoM

Homes for sale

158

Up3.3%MoM

Price cuts

35.1%

Up42.1%MoM

New listings

52

Up13.0%MoM

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

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The comparison

How do 85020 home prices compare?

  • 85020$403,272
  • 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

Phoenix 85020 has 158 homes for sale, with 52 new listings added recently. The median time on market of 77 days suggests moderate buyer interest, though not rapid turnover. Price cuts are appearing on 35.1% of listings, indicating some seller adjustment to market conditions. The year-over-year decline in typical home value of 0.8% is modest but real. If you're considering selling, expect to spend time marketing your home and be prepared for realistic pricing.

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