Market Intelligence · AZ / Phoenix

Phoenix, AZ 85044 Housing Market

The typical home value in Phoenix 85044 is $478,660, down 0.4% over the past year. Homes are listing around a median of $475,000 and taking 52 days to sell on average.

Updated August 2026Median value$474K

The median home value in Phoenix, AZ 85044 is $474K as of August 2026, down 0.1% 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 85044 range

$436K to $512K

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

-0.1% over 12 months

Typical home value in 85044 over the last 12 months: $474K in Aug 2025 to $474K in Aug 2026 (-0.1%).

Aug 2025$474K

Aug 2026$474K

The numbers

What is the 85044 housing market like?

Typical home value

$474K

Down0.1%YoY

Median list price

$475K

Up3.3%MoM

Days on market

52

Up4.0%MoM

Homes for sale

88

Down4.3%MoM

Price cuts

17.8%

Down29.8%MoM

New listings

40

Down23.1%MoM

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

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The comparison

How do 85044 home prices compare?

  • 85044$473,658
  • 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

Phoenix 85044 has 88 homes for sale, with 40 new listings as of August 2026. The median days on market sits at 52, suggesting homes are moving at a moderate pace. About 17.8% of listings have seen a price cut, which reflects some seller adjustment in a cooling market. For homeowners considering a sale, the modest value decline and presence of price cuts indicate it is a buyer-favorable market right now.

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20% · $94,732

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