Phoenix, AZ 85024 Real Estate & Property Data

Phoenix, AZ 85024 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 491 residential properties have been sold over the past 12 months in 85024. With a median sales price of $547,500 in 85024 and a total of 4 foreclosures in Phoenix, AZ 85024. Discover market trends and get the granular level real estate data for Phoenix, AZ 85024 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85024 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Phoenix, AZ 85024 Real Estate Market Trends
Total Residential Properties 9,008
Total Commercial Properties 169
Avg. Home Age (Single Family Home) 28 Years
Avg. Square Feet (Single Family Home) 1,969
Total 2025 Residential Sales (year-to-date) 250
% of Homes Seriously Underwater (Q3 2025) 0.84%
Total 2024 Residential Sales 454
% of Equity Rich Homes (Q3 2025) 45.47%
Effective 2024 Property Tax 0.38%
Total Foreclosure Filings (year-to-date) 10
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Phoenix, AZ 85024 Real Estate Overview

There were 491 residential properties sold in the past year in Phoenix, AZ 85024. The median home value in Phoenix, AZ 85024 is $508,714. There are a total of 9,008 residential properties in the 85024.

Median Sales Price i
$547,500
(Jun 2025)
-12%
year-over-year
y-o-y
  • June '25 Jun '25 $547,500
  • May '25 May '25 $613,750
  • April '25 Apr '25 $530,000
  • March '25 Mar '25 $560,000
  • February '25 Feb '25 $560,000
  • January '25 Jan '25 $555,000
  • December '24 Dec '24 $440,000
  • November '24 Nov '24 $452,000
  • October '24 Oct '24 $545,000
  • September '24 Sep '24 $567,500
  • August '24 Aug '24 $659,750
  • July '24 Jul '24 $553,250
Median Down Payment i
$123,150
(Jun 2025)
+17.3%
year-over-year
y-o-y
  • June '25 Jun '25 $123,150
  • May '25 May '25 $106,650
  • April '25 Apr '25 $77,377
  • March '25 Mar '25 $98,000
  • February '25 Feb '25 $69,000
  • January '25 Jan '25 $83,000
  • December '24 Dec '24 $57,000
  • November '24 Nov '24 $41,500
  • October '24 Oct '24 $44,500
  • September '24 Sep '24 $91,900
  • August '24 Aug '24 $164,000
  • July '24 Jul '24 $95,000
Number of Homes Sold i
45
(Jun 2025)
+25%
year-over-year
y-o-y
  • June '25 Jun '25 45
  • May '25 May '25 44
  • April '25 Apr '25 38
  • March '25 Mar '25 57
  • February '25 Feb '25 44
  • January '25 Jan '25 22
  • December '24 Dec '24 44
  • November '24 Nov '24 32
  • October '24 Oct '24 25
  • September '24 Sep '24 40
  • August '24 Aug '24 25
  • July '24 Jul '24 39
Number of Purchase Loans i
33
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 33
  • May '25 May '25 37
  • April '25 Apr '25 35
  • March '25 Mar '25 32
  • February '25 Feb '25 34
  • January '25 Jan '25 17
  • December '24 Dec '24 33
  • November '24 Nov '24 22
  • October '24 Oct '24 22
  • September '24 Sep '24 37
  • August '24 Aug '24 21
  • July '24 Jul '24 28
Number of REFI Loans i
15
(Jun 2025)
+15.4%
year-over-year
y-o-y
  • June '25 Jun '25 15
  • May '25 May '25 18
  • April '25 Apr '25 20
  • March '25 Mar '25 11
  • February '25 Feb '25 23
  • January '25 Jan '25 22
  • December '24 Dec '24 23
  • November '24 Nov '24 19
  • October '24 Oct '24 30
  • September '24 Sep '24 21
  • August '24 Aug '24 20
  • July '24 Jul '24 16
Number of HELOC Loans i
16
(Jun 2025)
-30.4%
year-over-year
y-o-y
  • June '25 Jun '25 16
  • May '25 May '25 20
  • April '25 Apr '25 19
  • March '25 Mar '25 25
  • February '25 Feb '25 10
  • January '25 Jan '25 19
  • December '24 Dec '24 12
  • November '24 Nov '24 13
  • October '24 Oct '24 17
  • September '24 Sep '24 18
  • August '24 Aug '24 19
  • July '24 Jul '24 9

Phoenix, AZ 85024 Foreclosure Activity

There were a total of 4 Phoenix, AZ 85024 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
4
(Jun 2025)
+300%
year-over-year
y-o-y
  • June '25 Jun '25 4
  • May '25 May '25 N/A
  • April '25 Apr '25 2
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 3
  • August '24 Aug '24 1
  • July '24 Jul '24 1
Foreclosure Starts i
4
(Jun 2025)
+300%
year-over-year
y-o-y
  • June '25 Jun '25 4
  • May '25 May '25 N/A
  • April '25 Apr '25 2
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 3
  • August '24 Aug '24 1
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
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