Market Intelligence · AZ / Phoenix

Phoenix, AZ 85083 Housing Market

The typical home in Phoenix 85083 is valued at $627,304, down 0.6% over the past year. The median list price sits at $617,500, and homes take a median of 49 days on market.

Updated June 2026Median value$627K

The median home value in Phoenix, AZ 85083 is $627K as of June 2026, down 0.6% 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 85083 range

$577K to $677K

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

-0.6% over 12 months

Typical home value in 85083 over the last 12 months: $631K in Jun 2025 to $627K in Jun 2026 (-0.6%).

Jun 2025$631K

Jun 2026$627K

The numbers

What is the 85083 housing market like?

Typical home value

$627K

Down0.6%YoY

Median list price

$618K

Days on market

49

Down2.0%MoM

Homes for sale

79

Price cuts

33.8%

New listings

46

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

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The comparison

How do 85083 home prices compare?

  • 85083$627,304
  • 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 2026, there are 79 homes for sale in the 85083 area, including 46 new listings. The typical home value is $627,304, down 0.6% over the past year, and the median list price is $617,500. Homes are taking a median of 49 days to sell, and 33.8% of listings have had a price cut. For sellers, this points to a softer market where realistic pricing and patience matter more than they did a year ago.

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