What is the typical home value in Phoenix 85032?

The typical home value is $452,533, up 0.3% over the past year.

How long do homes typically take to sell in this area?

The median days on market is 64 as of July 2026.

What share of homes have price reductions?

31.3% of listings have a price cut, indicating a competitive buyer's environment.

Market Intelligence · AZ / Phoenix

Phoenix, AZ 85032 Housing Market

The typical home value in Phoenix 85032 is $452,533, up 0.3% over the past year. The median list price sits at $442,500, with homes spending 64 days on market.

Updated August 2026Median value$453K

The median home value in Phoenix, AZ 85032 is $453K as of August 2026, up 0.3% 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

$416K to $489K

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

+0.3% over 12 months

Jul 2025$451K

Low $448KHigh $456K

Jul 2026$453K

The numbers

What is the 85032 housing market like?

As of August 2026

Typical home value

$453K

0.3%YoY

Median list price

$455K

2.8%MoM

Days on market

12.5%MoM

Homes for sale

181

4.2%MoM

Price cuts

31.0%

1.1%MoM

New listings

2.9%MoM

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

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The comparison

How do 85032 home prices compare?

85032$452,533
Phoenix$412,599
Arizona$392,647
United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Phoenix: 42 ZIPs; Arizona: 300 ZIPs; United States: 26,266 ZIPs).

Context

Phoenix 85032 has 189 homes for sale as of July 2026, with 70 new listings added recently. The median list price of $442,500 reflects modest appreciation, as the typical home value has increased 0.3% annually. However, 31.3% of listings have seen price cuts, signaling buyer hesitation even in this slow-growth market. Days on market at 64 suggest homes are taking longer to move. For sellers, this is a measured market where pricing strategy matters more than urgency.

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