Market Intelligence · AZ / Phoenix

Phoenix, AZ 85050 Housing Market

The typical home in Phoenix's 85050 ZIP code is worth $627,598, unchanged at 0.0% over the past year. The median list price sits at $714,678, and homes are taking a median of 58 days on market as of June 2026.

Updated June 2026Median value$628K

The median home value in Phoenix, AZ 85050 is $628K as of June 2026, little changed 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.

Get a cash offer

Sell without the wait

Sell your Phoenix home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 85050 range

$577K to $678K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 85050 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Phoenix, AZ.

12-month value trend

+0.0% over 12 months

Typical home value in 85050 over the last 12 months: $628K in Jun 2025 to $628K in Jun 2026 (+0.0%).

Jun 2025$628K

Jun 2026$628K

The numbers

What is the 85050 housing market like?

Typical home value

$628K

Flat0.0%YoY

Median list price

$715K

Days on market

58

Up23.4%MoM

Homes for sale

110

Price cuts

31.7%

New listings

50

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

Free home value report

See what your 85050 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 85050 home prices compare?

  • 85050$627,598
  • 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 110 homes for sale in 85050, with 50 new listings added recently. The typical home value of $627,598 has held flat, up 0.0% over the past year, while the median list price is $714,678. Homes are spending a median of 58 days on market, and 31.7% of listings have taken a price cut. For sellers, the flat values and the share of price cuts suggest buyers have room to negotiate, so pricing carefully from the start matters.

Monthly payment

Estimate your monthly payment.

20% · $125,520

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.