Market Intelligence · AZ / Phoenix

Phoenix, AZ 85032 Housing Market

Homes in Phoenix 85032 are worth about $452,533 on average, up 0.3% over the past year. The median list price sits at $455,000, with homes typically spending 72 days on the market.

Updated August 2026Median value$450K

The median home value in Phoenix, AZ 85032 is $450K as of August 2026, up 0.7% 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 85032 range

$414K to $486K

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 85032 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Phoenix, AZ.

12-month value trend

+0.7% over 12 months

Typical home value in 85032 over the last 12 months: $447K in Aug 2025 to $450K in Aug 2026 (+0.7%).

Aug 2025$447K

Aug 2026$450K

The numbers

What is the 85032 housing market like?

Typical home value

$450K

Up0.7%YoY

Median list price

$455K

Up2.8%MoM

Days on market

72

Up12.5%MoM

Homes for sale

181

Down4.2%MoM

Price cuts

31.0%

Down1.1%MoM

New listings

68

Down2.9%MoM

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

Free home value report

See what your 85032 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 85032 home prices compare?

  • 85032$450,300
  • Phoenix$411,560
  • Arizona$388,803
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Phoenix: 42 ZIPs; Arizona: 300 ZIPs; United States: 26,265 ZIPs).

Context

There are 181 homes for sale in 85032, with 68 new listings added recently. The median days on market of 72 indicates a moderate pace of activity. However, 31.0% of listings have seen price reductions, suggesting sellers are adjusting expectations. The modest 0.3% year-over-year value gain reflects a market that is stable but not accelerating. For sellers, the current environment rewards pricing realistically from the start.

Monthly payment

Estimate your monthly payment.

20% · $90,060

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.