Phoenix, AZ 85051 Real Estate & Property Data

Phoenix, AZ 85051 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 620 residential properties have been sold over the past 12 months in 85051. With a median sales price of $359,000 in 85051 and a total of 2 foreclosures in Phoenix, AZ 85051. Discover market trends and get the granular level real estate data for Phoenix, AZ 85051 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85051 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Phoenix, AZ 85051 Real Estate Market Trends
Total Residential Properties 11,406
Total Commercial Properties 343
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,604
Total 2025 Residential Sales (year-to-date) 285
% of Homes Seriously Underwater (Q3 2025) 1.27%
Total 2024 Residential Sales 632
% of Equity Rich Homes (Q3 2025) 38.91%
Effective 2024 Property Tax 0.3%
Total Foreclosure Filings (year-to-date) 30
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Phoenix, AZ 85051 Real Estate Overview

There were 620 residential properties sold in the past year in Phoenix, AZ 85051. The median home value in Phoenix, AZ 85051 is $358,139. There are a total of 11,406 residential properties in the 85051.

Median Sales Price i
$359,000
(Jun 2025)
-1%
year-over-year
y-o-y
  • June '25 Jun '25 $359,000
  • May '25 May '25 $383,499
  • April '25 Apr '25 $360,000
  • March '25 Mar '25 $359,350
  • February '25 Feb '25 $355,000
  • January '25 Jan '25 $345,000
  • December '24 Dec '24 $365,990
  • November '24 Nov '24 $370,000
  • October '24 Oct '24 $365,000
  • September '24 Sep '24 $369,900
  • August '24 Aug '24 $349,750
  • July '24 Jul '24 $357,500
Median Down Payment i
$11,628
(Jun 2025)
-57.6%
year-over-year
y-o-y
  • June '25 Jun '25 $11,628
  • May '25 May '25 $12,390
  • April '25 Apr '25 $9,144
  • March '25 Mar '25 $18,775
  • February '25 Feb '25 $8,061
  • January '25 Jan '25 $13,975
  • December '24 Dec '24 $10,289
  • November '24 Nov '24 $17,900
  • October '24 Oct '24 $14,825
  • September '24 Sep '24 $17,800
  • August '24 Aug '24 $10,800
  • July '24 Jul '24 $25,214
Number of Homes Sold i
45
(Jun 2025)
-11.8%
year-over-year
y-o-y
  • June '25 Jun '25 45
  • May '25 May '25 55
  • April '25 Apr '25 42
  • March '25 Mar '25 63
  • February '25 Feb '25 39
  • January '25 Jan '25 41
  • December '24 Dec '24 40
  • November '24 Nov '24 49
  • October '24 Oct '24 46
  • September '24 Sep '24 41
  • August '24 Aug '24 41
  • July '24 Jul '24 67
Number of Purchase Loans i
36
(Jun 2025)
-18.2%
year-over-year
y-o-y
  • June '25 Jun '25 36
  • May '25 May '25 44
  • April '25 Apr '25 41
  • March '25 Mar '25 42
  • February '25 Feb '25 33
  • January '25 Jan '25 34
  • December '24 Dec '24 34
  • November '24 Nov '24 40
  • October '24 Oct '24 40
  • September '24 Sep '24 35
  • August '24 Aug '24 37
  • July '24 Jul '24 58
Number of REFI Loans i
49
(Jun 2025)
+69%
year-over-year
y-o-y
  • June '25 Jun '25 49
  • May '25 May '25 28
  • April '25 Apr '25 38
  • March '25 Mar '25 36
  • February '25 Feb '25 40
  • January '25 Jan '25 41
  • December '24 Dec '24 23
  • November '24 Nov '24 29
  • October '24 Oct '24 38
  • September '24 Sep '24 45
  • August '24 Aug '24 26
  • July '24 Jul '24 33
Number of HELOC Loans i
7
(Jun 2025)
-36.4%
year-over-year
y-o-y
  • June '25 Jun '25 7
  • May '25 May '25 13
  • April '25 Apr '25 14
  • March '25 Mar '25 9
  • February '25 Feb '25 15
  • January '25 Jan '25 9
  • December '24 Dec '24 15
  • November '24 Nov '24 7
  • October '24 Oct '24 8
  • September '24 Sep '24 7
  • August '24 Aug '24 15
  • July '24 Jul '24 17

Phoenix, AZ 85051 Foreclosure Activity

There were a total of 2 Phoenix, AZ 85051 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
2
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 4
  • April '25 Apr '25 2
  • March '25 Mar '25 6
  • February '25 Feb '25 10
  • January '25 Jan '25 6
  • December '24 Dec '24 3
  • November '24 Nov '24 4
  • October '24 Oct '24 8
  • September '24 Sep '24 N/A
  • August '24 Aug '24 3
  • July '24 Jul '24 7
Foreclosure Starts i
2
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 4
  • April '25 Apr '25 2
  • March '25 Mar '25 6
  • February '25 Feb '25 10
  • January '25 Jan '25 6
  • December '24 Dec '24 3
  • November '24 Nov '24 4
  • October '24 Oct '24 8
  • September '24 Sep '24 N/A
  • August '24 Aug '24 3
  • July '24 Jul '24 7
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 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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