Home ValuePros

Market Intelligence · AZ / Phoenix

Phoenix, AZ 85086 Housing Market

The typical home value in Phoenix 85086 is $621,740, down 1.0% over the past year. The median list price sits at $750,000, with homes spending a median of 71 days on market as of August 2026.

Updated August 2026Median value$616K

The median home value in Phoenix, AZ 85086 is $616K as of August 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 85086 range

$567K to $665K

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 85086 over the last 12 months: $620K in Aug 2025 to $616K in Aug 2026 (-0.6%).

Aug 2025$620K

Aug 2026$616K

The numbers

What is the 85086 housing market like?

Typical home value

$616K

Down0.6%YoY

Median list price

$750K

Down5.3%MoM

Days on market

71

Up4.4%MoM

Homes for sale

210

Up2.9%MoM

Price cuts

25.3%

Down5.4%MoM

New listings

72

Up28.6%MoM

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

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The comparison

How do 85086 home prices compare?

  • 85086$616,170
  • 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

There are 210 homes for sale in the 85086 ZIP code, with 72 new listings added recently. The median time homes spend listed is 71 days. Price cuts have appeared on 25.3% of listings, suggesting buyers have room to negotiate. The typical home value declined 1.0% year-over-year. For sellers in this market, the combination of rising inventory and price reductions indicates a shift toward buyer advantage.

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