Home ValuePros

Market Intelligence · AZ / Phoenix

Phoenix, AZ 85033 Housing Market

The typical home value in Phoenix 85033 is $326,076, down 2.5% over the past year. The median list price stands at $333,200, with homes spending a median of 55 days on market.

Updated August 2026Median value$326K

The median home value in Phoenix, AZ 85033 is $326K as of August 2026, down 2.5% 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 85033 range

$300K to $352K

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

-2.5% over 12 months

Typical home value in 85033 over the last 12 months: $334K in Jul 2025 to $326K in Jul 2026 (-2.5%).

Jul 2025$334K

Jul 2026$326K

The numbers

What is the 85033 housing market like?

Typical home value

$326K

Down2.5%YoY

Median list price

$325K

Down2.4%MoM

Days on market

54

Down1.8%MoM

Homes for sale

67

Up19.6%MoM

Price cuts

23.5%

Down29.3%MoM

New listings

36

Up28.6%MoM

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

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The comparison

How do 85033 home prices compare?

  • 85033$326,076
  • 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

In 85033, there are currently 56 homes for sale, with 28 new listings added recently. The median list price is $333,200, and properties are taking 55 days to sell on average. One-third of active listings, specifically 33.3%, have seen price cuts, suggesting sellers are adjusting to softer demand. The typical home value has declined 2.5% year-over-year to $326,076. For sellers, this environment rewards realistic pricing and a willingness to respond quickly to market feedback.

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