Home ValuePros

Market Intelligence · AZ / Phoenix

Phoenix, AZ 85035 Housing Market

Typical home value in Phoenix 85035 is $321,204, down 2.9% over the past year. The median list price stands at $336,000, with homes spending a median 49 days on market.

Updated August 2026Median value$318K

The median home value in Phoenix, AZ 85035 is $318K as of August 2026, down 2.6% 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

$293K to $344K

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

-2.6% over 12 months

Typical home value in 85035 over the last 12 months: $327K in Aug 2025 to $318K in Aug 2026 (-2.6%).

Aug 2025$327K

Aug 2026$318K

The numbers

What is the 85035 housing market like?

Typical home value

$318K

Down2.6%YoY

Median list price

$336K

Down1.9%MoM

Days on market

49

Down3.9%MoM

Homes for sale

52

Down7.1%MoM

Price cuts

24.8%

Down17.5%MoM

New listings

32

Down5.9%MoM

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

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The comparison

How do 85035 home prices compare?

  • 85035$318,215
  • 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

The 85035 market shows mixed signals. There are 52 homes for sale with 32 new listings as of August 2026, suggesting steady inventory flow. However, the median time to sell at 49 days reflects a slower pace than earlier market conditions. The decline in typical home value over the past year suggests softer demand. For sellers, this environment requires realistic pricing and an understanding that buyers have options.

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