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Phoenix, AZ 85007 Real Estate & Property Data

Phoenix, AZ 85007 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 233 residential properties have been sold over the past 12 months in 85007. With a median sales price of $350,500 in 85007 and a total of 1 foreclosures in Phoenix, AZ 85007. Discover market trends and get the granular level real estate data for Phoenix, AZ 85007 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85007 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 3,556

Total Commercial Properties 1,270

Avg. Home Age (Single Family Home) 77 Years

Avg. Square Feet (Single Family Home) 1,431

Total 2025 Residential Sales (year-to-date) 125

% of Homes Seriously Underwater (Q3 2025) 1.56%

Total 2024 Residential Sales 191

% of Equity Rich Homes (Q3 2025) 37.39%

Effective 2024 Property Tax 0.31%

Total Foreclosure Filings (year-to-date) 7

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Phoenix, AZ 85007 Real Estate Overview

There were 233 residential properties sold in the past year in Phoenix, AZ 85007. The median home value in Phoenix, AZ 85007 is $437,301. There are a total of 3,556 residential properties in the 85007.

Median Sales Price i

$350,500

(Jun 2025)

+2.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $350,500
May '25 May '25 $353,125
April '25 Apr '25 $306,000
March '25 Mar '25 $424,950
February '25 Feb '25 $330,000
January '25 Jan '25 $530,000
December '24 Dec '24 $604,750
November '24 Nov '24 $454,750
October '24 Oct '24 $325,000
September '24 Sep '24 $491,273
August '24 Aug '24 $339,400
July '24 Jul '24 $459,000

Median Down Payment i

$70,200

(Jun 2025)

+516.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $70,200
May '25 May '25 $40,000
April '25 Apr '25 $24,006
March '25 Mar '25 $45,000
February '25 Feb '25 $27,803
January '25 Jan '25 $99,500
December '24 Dec '24 $156,350
November '24 Nov '24 $59,400
October '24 Oct '24 $25,000
September '24 Sep '24 $116,219
August '24 Aug '24 $167,950
July '24 Jul '24 $100,100

Number of Homes Sold i

(Jun 2025)

+155.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 23
May '25 May '25 19
April '25 Apr '25 21
March '25 Mar '25 21
February '25 Feb '25 13
January '25 Jan '25 28
December '24 Dec '24 21
November '24 Nov '24 15
October '24 Oct '24 14
September '24 Sep '24 17
August '24 Aug '24 15
July '24 Jul '24 17

Number of Purchase Loans i

(Jun 2025)

+133.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 14
May '25 May '25 9
April '25 Apr '25 12
March '25 Mar '25 16
February '25 Feb '25 5
January '25 Jan '25 14
December '24 Dec '24 16
November '24 Nov '24 8
October '24 Oct '24 11
September '24 Sep '24 8
August '24 Aug '24 12
July '24 Jul '24 12

Number of REFI Loans i

(Jun 2025)

-20%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 4
May '25 May '25 2
April '25 Apr '25 6
March '25 Mar '25 6
February '25 Feb '25 6
January '25 Jan '25 8
December '24 Dec '24 3
November '24 Nov '24 8
October '24 Oct '24 13
September '24 Sep '24 8
August '24 Aug '24 8
July '24 Jul '24 13

Number of HELOC Loans i

(Jun 2025)

+50%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 3
May '25 May '25 3
April '25 Apr '25 7
March '25 Mar '25 3
February '25 Feb '25 4
January '25 Jan '25 5
December '24 Dec '24 5
November '24 Nov '24 3
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 7
July '24 Jul '24 6

Phoenix, AZ 85007 Real Estate Market Overview

Last 30 days

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Phoenix, AZ 85007 Foreclosure Activity

There were a total of 1 Phoenix, AZ 85007 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 1 Phoenix, AZ 85007 properties and repossessed 1 Phoenix, AZ 85007 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

-50%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years