Market Intelligence · AZ / Phoenix

Phoenix, AZ 85021 Housing Market

The typical home value in Phoenix 85021 is $438,205, down 1.1% over the past year. The median list price sits at $575,000, and homes are taking a median of 58 days on market as of June 2026.

Updated June 2026Median value$438K

The median home value in Phoenix, AZ 85021 is $438K as of June 2026, down 1.1% 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 85021 range

$403K to $473K

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

-1.1% over 12 months

Typical home value in 85021 over the last 12 months: $443K in Jun 2025 to $438K in Jun 2026 (-1.1%).

Jun 2025$443K

Jun 2026$438K

The numbers

What is the 85021 housing market like?

Typical home value

$438K

Down1.1%YoY

Median list price

$575K

Days on market

58

Up16.0%MoM

Homes for sale

103

Price cuts

30.6%

New listings

34

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

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The comparison

How do 85021 home prices compare?

  • 85021$438,205
  • 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 103 homes for sale in this part of Phoenix, with 34 new listings added. The median list price is $575,000, while the typical home value is $438,205, down 1.1% over the past year. Homes are sitting a median of 58 days on market, and 30.6% of listings have had a price cut. For sellers, this points to a slower market where pricing carefully and expecting some time on market makes sense.

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