Market Intelligence · AZ / Phoenix

Phoenix, AZ 85041 Housing Market

The typical home value in Phoenix 85041 is $368,641, down 2.4% over the past year. The median list price sits at $428,450, and homes are taking a median of 52 days on market as of June 2026.

Updated June 2026Median value$369K

The median home value in Phoenix, AZ 85041 is $369K as of June 2026, down 2.4% 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 85041 range

$339K to $398K

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

-2.4% over 12 months

Typical home value in 85041 over the last 12 months: $378K in Jun 2025 to $369K in Jun 2026 (-2.4%).

Jun 2025$378K

Jun 2026$369K

The numbers

What is the 85041 housing market like?

Typical home value

$369K

Down2.4%YoY

Median list price

$428K

Days on market

52

Up4.0%MoM

Homes for sale

122

Price cuts

29.6%

New listings

56

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

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The comparison

How do 85041 home prices compare?

  • 85041$368,641
  • 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

As of June 1, 2026, there are 122 homes for sale in the 85041 ZIP code, with 56 new listings added recently. The median list price is $428,450, while the typical home value is $368,641, down 2.4% over the past year. Homes are taking a median of 52 days to sell, and 29.6% of listings have had a price cut. For sellers, this points to a slower market where realistic pricing and patience matter.

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