Home ValuePros

Market Intelligence · AZ / Phoenix

Phoenix, AZ 85043 Housing Market

The typical home value in Phoenix's 85043 ZIP is $369,111, down 2.2% over the past year. The median list price stands at $380,000, with homes taking 50 days on average to sell.

Updated August 2026Median value$366K

The median home value in Phoenix, AZ 85043 is $366K 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 85043 range

$337K to $395K

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

Typical home value in 85043 over the last 12 months: $373K in Aug 2025 to $366K in Aug 2026 (-1.9%).

Aug 2025$373K

Aug 2026$366K

The numbers

What is the 85043 housing market like?

Typical home value

$366K

Down1.9%YoY

Median list price

$380K

Down0.3%MoM

Days on market

50

Up2.0%MoM

Homes for sale

79

Up19.7%MoM

Price cuts

27.8%

Up23.6%MoM

New listings

28

Down12.5%MoM

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

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The comparison

How do 85043 home prices compare?

  • 85043$365,952
  • 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

As of August 2026, there are 79 homes for sale in 85043, with 28 new listings entering the market. The median days on market of 50 suggests a moderate pace of sales activity. A notable sign of softness appears in the share of listings with a price cut, which stands at 27.8%. Combined with the year-over-year value decline, this indicates sellers should enter the market with realistic expectations about pricing and competition.

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