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Phoenix, AZ 85008 Real Estate & Property Data

Phoenix, AZ 85008 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 531 residential properties have been sold over the past 12 months in 85008. With a median sales price of $352,000 in 85008 and a total of 2 foreclosures in Phoenix, AZ 85008. Discover market trends and get the granular level real estate data for Phoenix, AZ 85008 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85008 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 9,735

Total Commercial Properties 901

Avg. Home Age (Single Family Home) 70 Years

Avg. Square Feet (Single Family Home) 1,467

Total 2025 Residential Sales (year-to-date) 68

% of Homes Seriously Underwater (Q2 2025) 1.1%

Total 2024 Residential Sales 507

% of Equity Rich Homes (Q2 2025) 42.08%

Effective 2024 Property Tax 0.33%

Total Foreclosure Filings (year-to-date) 11

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Phoenix, AZ 85008 Real Estate Overview

There were 531 residential properties sold in the past year in Phoenix, AZ 85008. The median home value in Phoenix, AZ 85008 is $405,249. There are a total of 9,735 residential properties in the 85008.

Median Sales Price i

$352,000

(Feb 2025)

-14.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $352,000
January '25 Jan '25 $400,750
December '24 Dec '24 $405,625
November '24 Nov '24 $427,500
October '24 Oct '24 $524,922
September '24 Sep '24 $437,499
August '24 Aug '24 $460,000
July '24 Jul '24 $410,000
June '24 Jun '24 $475,000
May '24 May '24 $500,000
April '24 Apr '24 $497,000
March '24 Mar '24 $515,000

Median Down Payment i

$35,200

(Feb 2025)

-38.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $35,200
January '25 Jan '25 $82,400
December '24 Dec '24 $40,500
November '24 Nov '24 $48,256
October '24 Oct '24 $111,641
September '24 Sep '24 $63,125
August '24 Aug '24 $68,019
July '24 Jul '24 $42,867
June '24 Jun '24 $38,211
May '24 May '24 $100,000
April '24 Apr '24 $79,500
March '24 Mar '24 $60,650

Number of Homes Sold i

(Feb 2025)

-34%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 31
January '25 Jan '25 37
December '24 Dec '24 46
November '24 Nov '24 44
October '24 Oct '24 36
September '24 Sep '24 36
August '24 Aug '24 32
July '24 Jul '24 32
June '24 Jun '24 32
May '24 May '24 54
April '24 Apr '24 53
March '24 Mar '24 51

Number of Purchase Loans i

(Feb 2025)

-18.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 22
January '25 Jan '25 17
December '24 Dec '24 32
November '24 Nov '24 36
October '24 Oct '24 27
September '24 Sep '24 26
August '24 Aug '24 33
July '24 Jul '24 24
June '24 Jun '24 25
May '24 May '24 34
April '24 Apr '24 41
March '24 Mar '24 30

Number of REFI Loans i

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 15
January '25 Jan '25 17
December '24 Dec '24 15
November '24 Nov '24 15
October '24 Oct '24 19
September '24 Sep '24 17
August '24 Aug '24 11
July '24 Jul '24 15
June '24 Jun '24 12
May '24 May '24 17
April '24 Apr '24 15
March '24 Mar '24 13

Number of HELOC Loans i

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 10
January '25 Jan '25 13
December '24 Dec '24 11
November '24 Nov '24 5
October '24 Oct '24 19
September '24 Sep '24 11
August '24 Aug '24 17
July '24 Jul '24 12
June '24 Jun '24 9
May '24 May '24 12
April '24 Apr '24 7
March '24 Mar '24 9

Phoenix, AZ 85008 Real Estate Market Overview

Last 30 days

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Phoenix, AZ 85008 Foreclosure Activity

There were a total of 2 Phoenix, AZ 85008 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 2 Phoenix, AZ 85008 properties and repossessed 1 Phoenix, AZ 85008 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

+100%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years