Market Intelligence · AZ / Phoenix

Phoenix, AZ 85035 Housing Market

In Phoenix 85035, the typical home value is $321,236, down 3.1% over the past year. The median list price sits at $337,500, and homes are taking a median of 53 days on market.

Updated June 2026Median value$321K

The median home value in Phoenix, AZ 85035 is $321K as of June 2026, down 3.1% 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 85035 range

$296K to $347K

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

-3.1% over 12 months

Typical home value in 85035 over the last 12 months: $332K in Jun 2025 to $321K in Jun 2026 (-3.1%).

Jun 2025$332K

Jun 2026$321K

The numbers

What is the 85035 housing market like?

Typical home value

$321K

Down3.1%YoY

Median list price

$338K

Days on market

53

Down3.6%MoM

Homes for sale

48

Price cuts

36.4%

New listings

36

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

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The comparison

How do 85035 home prices compare?

  • 85035$321,236
  • 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

There are 48 homes for sale in 85035 as of June 1, 2026, with 36 new listings coming onto the market. The median list price is $337,500, while the typical home value is $321,236, a figure that is down 3.1% over the past year. Homes here take a median of 53 days to sell, and 36.4% of listings have had a price cut. For sellers, this points to a softer market where realistic pricing and patience matter more than they did a year ago.

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