Market Intelligence · AZ / Phoenix

Phoenix, AZ 85033 Housing Market

In Phoenix 85033, the typical home value is $326,502, down 2.9% over the past year. The median list price is $338,164, and homes are taking a median of 52 days on market.

Updated June 2026Median value$327K

The median home value in Phoenix, AZ 85033 is $327K as of June 2026, down 2.9% 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 $353K

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

-2.9% over 12 months

Typical home value in 85033 over the last 12 months: $336K in Jun 2025 to $327K in Jun 2026 (-2.9%).

Jun 2025$336K

Jun 2026$327K

The numbers

What is the 85033 housing market like?

Typical home value

$327K

Down2.9%YoY

Median list price

$338K

Days on market

52

Up28.4%MoM

Homes for sale

65

Price cuts

24.5%

New listings

34

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

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The comparison

How do 85033 home prices compare?

  • 85033$326,502
  • 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

The market in 85033 currently has 65 homes for sale, with 34 new listings recorded as of June 1, 2026. The median list price sits at $338,164, while the typical home value is $326,502, down 2.9% over the past year. A median of 52 days on market points to a slower pace of sales, and 24.5% of listings have taken a price cut. For sellers, this is a softer market, so pricing carefully and preparing for a longer timeline will matter.

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