Market Intelligence · AZ / Phoenix
Phoenix, AZ 85023 Housing Market
The typical home in Phoenix's 85023 ZIP code is valued at $419,453, down 1.7% over the past year. The median list price stands at $437,000, with homes spending 52 days on the market.
The median home value in Phoenix, AZ 85023 is $416K as of August 2026, down 1.4% 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.
Get a cash offer
Sell without the wait
Sell your Phoenix home for cash.
A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.
Typical 85023 range
$383K to $450K
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.
Track my home's value
Asset monitoring
Track your home's value.
A free monthly briefing with your estimated value and 85023 market stats. Unsubscribe anytime.
12-month value trend
-1.4% over 12 months
Aug 2025$423K
Low $416KHigh $423K
Aug 2026$416K