Market Intelligence · AZ / Phoenix

Phoenix, AZ 85029 Housing Market

The typical home value in Phoenix 85029 is $359,790, down 3.0% over the past year. The median list price is $392,500, and homes are taking a median of 56 days on market.

Updated June 2026Median value$360K

The median home value in Phoenix, AZ 85029 is $360K as of June 2026, down 3.0% 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 85029 range

$331K to $389K

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

-3.0% over 12 months

Typical home value in 85029 over the last 12 months: $371K in Jun 2025 to $360K in Jun 2026 (-3.0%).

Jun 2025$371K

Jun 2026$360K

The numbers

What is the 85029 housing market like?

Typical home value

$360K

Down3.0%YoY

Median list price

$393K

Days on market

56

Up16.7%MoM

Homes for sale

91

Price cuts

40.4%

New listings

44

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

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The comparison

How do 85029 home prices compare?

  • 85029$359,790
  • 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 91 homes for sale in 85029, with 44 new listings added recently. The median list price sits at $392,500, while the typical home value is $359,790, down 3.0% over the past year. Homes are spending a median of 56 days on market, and 40.4% of listings have had a price cut. For sellers, this points to a slower market where realistic pricing and patience matter more than reaching for a high asking number.

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