Market Intelligence · AZ / Phoenix
Phoenix, AZ 85048 Housing Market
The typical home value in Phoenix 85048 is $586,990, down 0.5% over the past year. The median list price sits at $559,625, and homes are taking a median of 61 days on market.
The median home value in Phoenix, AZ 85048 is $587K as of June 2026, down 0.5% 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 85048 range
$540K to $634K
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
-0.5% over 12 months
Jun 2025$590K
Low $586KHigh $590K
Jun 2026$587K