Market Intelligence · AZ / Phoenix

Phoenix, AZ 85027 Housing Market

The typical home value in Phoenix 85027 is $381,691, down 2.6% over the past year. The median list price is $357,750, and homes are taking a median of 50 days on market.

Updated June 2026Median value$382K

The median home value in Phoenix, AZ 85027 is $382K as of June 2026, down 2.6% 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 85027 range

$351K to $412K

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

-2.6% over 12 months

Typical home value in 85027 over the last 12 months: $392K in Jun 2025 to $382K in Jun 2026 (-2.6%).

Jun 2025$392K

Jun 2026$382K

The numbers

What is the 85027 housing market like?

Typical home value

$382K

Down2.6%YoY

Median list price

$358K

Days on market

50

Up19.0%MoM

Homes for sale

86

Price cuts

28.8%

New listings

40

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

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The comparison

How do 85027 home prices compare?

  • 85027$381,691
  • 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 86 homes for sale in this part of Phoenix, with 40 new listings added recently. The median list price sits at $357,750, and the median time on market is 50 days. About 28.8% of listings have had a price cut, which points to some sellers adjusting expectations. The typical home value of $381,691 is down 2.6% over the past year. Sellers here should plan for a slower market and price carefully from the start.

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