Home ValuePros

Market Intelligence · AZ / Phoenix

Phoenix, AZ 85053 Housing Market

The typical home value in Phoenix, AZ 85053 is $381,556, down 2.1% over the past year. The median list price stands at $392,000, with homes spending a median of 42 days on market.

Updated August 2026Median value$382K

The median home value in Phoenix, AZ 85053 is $382K as of August 2026, down 2.1% 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 85053 range

$351K to $412K

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

-2.1% over 12 months

Typical home value in 85053 over the last 12 months: $390K in Jul 2025 to $382K in Jul 2026 (-2.1%).

Jul 2025$390K

Jul 2026$382K

The numbers

What is the 85053 housing market like?

Typical home value

$382K

Down2.1%YoY

Median list price

$383K

Down2.4%MoM

Days on market

47

Up11.9%MoM

Homes for sale

59

Flat0.0%MoM

Price cuts

34.5%

Up36.6%MoM

New listings

32

Up23.1%MoM

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

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The comparison

How do 85053 home prices compare?

  • 85053$381,556
  • Phoenix$412,599
  • Arizona$392,647
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Phoenix: 42 ZIPs; Arizona: 300 ZIPs; United States: 26,266 ZIPs).

Context

There are 59 homes for sale in 85053 as of early July 2026, with 26 new listings on the market. The median list price is $392,000, and homes are taking a median of 42 days to sell. A notable share of listings, 25.3%, have already seen a price cut. For sellers, the declining home values and modest pace of sales suggest this is a buyer-favorable environment where pricing strategy matters.

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