Market Intelligence · AZ / Phoenix
Phoenix, AZ 85040 Housing Market
The typical home value in Phoenix 85040 is $320,643, down 2.7% over the past year. Homes are listing around $337,245 and spending a median of 48 days on the market.
The median home value in Phoenix, AZ 85040 is $320K as of August 2026, down 1.9% 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 85040 range
$294K to $346K
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
-1.9% over 12 months
Aug 2025$326K
Low $320KHigh $326K
Aug 2026$320K