Market Intelligence · AZ / Phoenix
Phoenix, AZ 85040 Housing Market
The typical home in Phoenix 85040 is valued at $320,935, down 3.3% over the past year. The median list price sits at $366,125, and homes are taking a median of 52 days on market.
The median home value in Phoenix, AZ 85040 is $321K as of June 2026, down 3.3% 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 85040 range
$295K 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.
Track my home's value
Asset monitoring
Track your home's value.
A free monthly briefing with your estimated value and 85040 market stats. Unsubscribe anytime.
12-month value trend
-3.3% over 12 months
Jun 2025$332K
Low $321KHigh $332K
Jun 2026$321K