Phoenix, AZ 85042 Real Estate & Property Data

Phoenix, AZ 85042 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 656 residential properties have been sold over the past 12 months in 85042. With a median sales price of $405,000 in 85042 and a total of 3 foreclosures in Phoenix, AZ 85042. Discover market trends and get the granular level real estate data for Phoenix, AZ 85042 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85042 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Phoenix, AZ 85042 Real Estate Market Trends
Total Residential Properties 13,731
Total Commercial Properties 342
Avg. Home Age (Single Family Home) 36 Years
Avg. Square Feet (Single Family Home) 1,830
Total 2025 Residential Sales (year-to-date) 94
% of Homes Seriously Underwater (Q2 2025) 0.61%
Total 2024 Residential Sales 603
% of Equity Rich Homes (Q2 2025) 44.06%
Effective 2024 Property Tax 0.46%
Total Foreclosure Filings (year-to-date) 7
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Phoenix, AZ 85042 Real Estate Overview

There were 656 residential properties sold in the past year in Phoenix, AZ 85042. The median home value in Phoenix, AZ 85042 is $405,600. There are a total of 13,731 residential properties in the 85042.

Median Sales Price i
$405,000
(Feb 2025)
+1.2%
year-over-year
y-o-y
  • February '25 Feb '25 $405,000
  • January '25 Jan '25 $461,937
  • December '24 Dec '24 $397,000
  • November '24 Nov '24 $414,999
  • October '24 Oct '24 $398,500
  • September '24 Sep '24 $465,000
  • August '24 Aug '24 $415,000
  • July '24 Jul '24 $456,000
  • June '24 Jun '24 $409,250
  • May '24 May '24 $455,000
  • April '24 Apr '24 $388,250
  • March '24 Mar '24 $400,500
Median Down Payment i
$52,625
(Feb 2025)
+101.1%
year-over-year
y-o-y
  • February '25 Feb '25 $52,625
  • January '25 Jan '25 $32,225
  • December '24 Dec '24 $25,000
  • November '24 Nov '24 $25,500
  • October '24 Oct '24 $44,245
  • September '24 Sep '24 $117,000
  • August '24 Aug '24 $25,081
  • July '24 Jul '24 $49,360
  • June '24 Jun '24 $44,300
  • May '24 May '24 $31,500
  • April '24 Apr '24 $30,000
  • March '24 Mar '24 $17,022
Number of Homes Sold i
47
(Feb 2025)
-6%
year-over-year
y-o-y
  • February '25 Feb '25 47
  • January '25 Jan '25 47
  • December '24 Dec '24 50
  • November '24 Nov '24 39
  • October '24 Oct '24 53
  • September '24 Sep '24 32
  • August '24 Aug '24 48
  • July '24 Jul '24 61
  • June '24 Jun '24 51
  • May '24 May '24 61
  • April '24 Apr '24 60
  • March '24 Mar '24 57
Number of Purchase Loans i
43
(Feb 2025)
+13.2%
year-over-year
y-o-y
  • February '25 Feb '25 43
  • January '25 Jan '25 39
  • December '24 Dec '24 42
  • November '24 Nov '24 33
  • October '24 Oct '24 44
  • September '24 Sep '24 23
  • August '24 Aug '24 37
  • July '24 Jul '24 47
  • June '24 Jun '24 44
  • May '24 May '24 48
  • April '24 Apr '24 37
  • March '24 Mar '24 45
Number of REFI Loans i
30
(Feb 2025)
-16.7%
year-over-year
y-o-y
  • February '25 Feb '25 30
  • January '25 Jan '25 38
  • December '24 Dec '24 36
  • November '24 Nov '24 37
  • October '24 Oct '24 38
  • September '24 Sep '24 28
  • August '24 Aug '24 123
  • July '24 Jul '24 24
  • June '24 Jun '24 23
  • May '24 May '24 31
  • April '24 Apr '24 21
  • March '24 Mar '24 33
Number of HELOC Loans i
18
(Feb 2025)
+63.6%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 11
  • December '24 Dec '24 18
  • November '24 Nov '24 16
  • October '24 Oct '24 16
  • September '24 Sep '24 14
  • August '24 Aug '24 17
  • July '24 Jul '24 15
  • June '24 Jun '24 17
  • May '24 May '24 23
  • April '24 Apr '24 16
  • March '24 Mar '24 14

Phoenix, AZ 85042 Foreclosure Activity

There were a total of 3 Phoenix, AZ 85042 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 3 Phoenix, AZ 85042 properties and repossessed 2 Phoenix, AZ 85042 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
3
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 4
  • December '24 Dec '24 6
  • November '24 Nov '24 7
  • October '24 Oct '24 8
  • September '24 Sep '24 7
  • August '24 Aug '24 5
  • July '24 Jul '24 N/A
  • June '24 Jun '24 3
  • May '24 May '24 1
  • April '24 Apr '24 4
  • March '24 Mar '24 3
Foreclosure Starts i
3
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 4
  • December '24 Dec '24 6
  • November '24 Nov '24 7
  • October '24 Oct '24 8
  • September '24 Sep '24 7
  • August '24 Aug '24 5
  • July '24 Jul '24 N/A
  • June '24 Jun '24 3
  • May '24 May '24 1
  • April '24 Apr '24 4
  • March '24 Mar '24 3
Completed Foreclosures (REOs) i
2
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 2
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 1
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
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