Phoenix, AZ 85054 Real Estate & Property Data

Phoenix, AZ 85054 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 250 residential properties have been sold over the past 12 months in 85054. With a median sales price of $1,025,000 in 85054. Discover market trends and get the granular level real estate data for Phoenix, AZ 85054 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85054 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Phoenix, AZ 85054 Real Estate Market Trends
Total Residential Properties 3,118
Total Commercial Properties 127
Avg. Home Age (Single Family Home) 19 Years
Avg. Square Feet (Single Family Home) 2,480
Total 2025 Residential Sales (year-to-date) 42
% of Homes Seriously Underwater (Q2 2025) 0.58%
Total 2024 Residential Sales 222
% of Equity Rich Homes (Q2 2025) 35.97%
Effective 2024 Property Tax 0.44%
Total Foreclosure Filings (year-to-date) N/A
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Phoenix, AZ 85054 Real Estate Overview

There were 250 residential properties sold in the past year in Phoenix, AZ 85054. The median home value in Phoenix, AZ 85054 is $664,513. There are a total of 3,118 residential properties in the 85054.

Median Sales Price i
$1,025,000
(Feb 2025)
+53.6%
year-over-year
y-o-y
  • February '25 Feb '25 $1,025,000
  • January '25 Jan '25 $1,474,500
  • December '24 Dec '24 $849,900
  • November '24 Nov '24 $1,149,800
  • October '24 Oct '24 $1,425,000
  • September '24 Sep '24 $948,000
  • August '24 Aug '24 $687,000
  • July '24 Jul '24 $862,000
  • June '24 Jun '24 $1,040,000
  • May '24 May '24 $675,000
  • April '24 Apr '24 $887,500
  • March '24 Mar '24 $735,000
Median Down Payment i
$287,500
(Feb 2025)
+118.3%
year-over-year
y-o-y
  • February '25 Feb '25 $287,500
  • January '25 Jan '25 $223,000
  • December '24 Dec '24 $185,000
  • November '24 Nov '24 $400,000
  • October '24 Oct '24 $226,952
  • September '24 Sep '24 $249,000
  • August '24 Aug '24 $144,600
  • July '24 Jul '24 $110,100
  • June '24 Jun '24 $260,000
  • May '24 May '24 $250,000
  • April '24 Apr '24 $302,500
  • March '24 Mar '24 $84,400
Number of Homes Sold i
25
(Feb 2025)
+92.3%
year-over-year
y-o-y
  • February '25 Feb '25 25
  • January '25 Jan '25 17
  • December '24 Dec '24 17
  • November '24 Nov '24 15
  • October '24 Oct '24 26
  • September '24 Sep '24 20
  • August '24 Aug '24 16
  • July '24 Jul '24 15
  • June '24 Jun '24 17
  • May '24 May '24 18
  • April '24 Apr '24 23
  • March '24 Mar '24 28
Number of Purchase Loans i
18
(Feb 2025)
+200%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 25
  • December '24 Dec '24 23
  • November '24 Nov '24 13
  • October '24 Oct '24 33
  • September '24 Sep '24 22
  • August '24 Aug '24 10
  • July '24 Jul '24 9
  • June '24 Jun '24 8
  • May '24 May '24 9
  • April '24 Apr '24 5
  • March '24 Mar '24 13
Number of REFI Loans i
1
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 3
  • December '24 Dec '24 3
  • November '24 Nov '24 3
  • October '24 Oct '24 5
  • September '24 Sep '24 4
  • August '24 Aug '24 3
  • July '24 Jul '24 3
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 6
  • March '24 Mar '24 5
Number of HELOC Loans i
2
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 2
  • November '24 Nov '24 5
  • October '24 Oct '24 3
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 3
  • June '24 Jun '24 N/A
  • May '24 May '24 3
  • April '24 Apr '24 2
  • March '24 Mar '24 2

Phoenix, AZ 85054 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • 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
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Foreclosure Starts i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • 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
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
  • 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 2
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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