Market Intelligence · AZ / Phoenix

Phoenix, AZ 85032 Housing Market

The typical home value in Phoenix 85032 is $456,611, down 0.1% over the past year. The median list price is $434,350, and homes are taking a median of 60 days on market.

Updated June 2026Median value$457K

The median home value in Phoenix, AZ 85032 is $457K as of June 2026, down 0.1% 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 85032 range

$420K to $493K

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

-0.1% over 12 months

Typical home value in 85032 over the last 12 months: $457K in Jun 2025 to $457K in Jun 2026 (-0.1%).

Jun 2025$457K

Jun 2026$457K

The numbers

What is the 85032 housing market like?

Typical home value

$457K

Down0.1%YoY

Median list price

$434K

Days on market

60

Up33.3%MoM

Homes for sale

203

Price cuts

36.0%

New listings

70

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

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The comparison

How do 85032 home prices compare?

  • 85032$456,611
  • 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 203 homes for sale in 85032, with 70 new listings added recently. Homes sit for a median of 60 days on market, and 36.0% of listings have had a price cut. The typical home value stands at $456,611, down 0.1% over the past year. That combination points to a market where buyers have time to negotiate. Sellers should price carefully and expect the process to take patience.

Monthly payment

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20% · $91,322

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