Phoenix, AZ 85085 Real Estate & Property Data

Phoenix, AZ 85085 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 582 residential properties have been sold over the past 12 months in 85085. With a median sales price of $743,966 in 85085. Discover market trends and get the granular level real estate data for Phoenix, AZ 85085 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85085 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Phoenix, AZ 85085 Real Estate Market Trends
Total Residential Properties 8,993
Total Commercial Properties 403
Avg. Home Age (Single Family Home) 16 Years
Avg. Square Feet (Single Family Home) 2,671
Total 2025 Residential Sales (year-to-date) 105
% of Homes Seriously Underwater (Q2 2025) 0.84%
Total 2024 Residential Sales 498
% of Equity Rich Homes (Q2 2025) 41.17%
Effective 2024 Property Tax 0.43%
Total Foreclosure Filings (year-to-date) 2
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Phoenix, AZ 85085 Real Estate Overview

There were 582 residential properties sold in the past year in Phoenix, AZ 85085. The median home value in Phoenix, AZ 85085 is $632,907. There are a total of 8,993 residential properties in the 85085.

Median Sales Price i
$743,966
(Feb 2025)
+7.4%
year-over-year
y-o-y
  • February '25 Feb '25 $743,966
  • January '25 Jan '25 $665,000
  • December '24 Dec '24 $695,000
  • November '24 Nov '24 $690,900
  • October '24 Oct '24 $758,750
  • September '24 Sep '24 $617,400
  • August '24 Aug '24 $664,950
  • July '24 Jul '24 $805,000
  • June '24 Jun '24 $605,000
  • May '24 May '24 $678,000
  • April '24 Apr '24 $722,500
  • March '24 Mar '24 $597,500
Median Down Payment i
$170,000
(Feb 2025)
+21.4%
year-over-year
y-o-y
  • February '25 Feb '25 $170,000
  • January '25 Jan '25 $67,500
  • December '24 Dec '24 $139,000
  • November '24 Nov '24 $136,250
  • October '24 Oct '24 $188,000
  • September '24 Sep '24 $146,500
  • August '24 Aug '24 $171,875
  • July '24 Jul '24 $185,000
  • June '24 Jun '24 $112,000
  • May '24 May '24 $150,000
  • April '24 Apr '24 $190,000
  • March '24 Mar '24 $112,000
Number of Homes Sold i
63
(Feb 2025)
+117.2%
year-over-year
y-o-y
  • February '25 Feb '25 63
  • January '25 Jan '25 42
  • December '24 Dec '24 55
  • November '24 Nov '24 51
  • October '24 Oct '24 72
  • September '24 Sep '24 66
  • August '24 Aug '24 38
  • July '24 Jul '24 27
  • June '24 Jun '24 34
  • May '24 May '24 35
  • April '24 Apr '24 42
  • March '24 Mar '24 28
Number of Purchase Loans i
49
(Feb 2025)
+122.7%
year-over-year
y-o-y
  • February '25 Feb '25 49
  • January '25 Jan '25 28
  • December '24 Dec '24 53
  • November '24 Nov '24 71
  • October '24 Oct '24 88
  • September '24 Sep '24 51
  • August '24 Aug '24 29
  • July '24 Jul '24 19
  • June '24 Jun '24 27
  • May '24 May '24 27
  • April '24 Apr '24 38
  • March '24 Mar '24 17
Number of REFI Loans i
12
(Feb 2025)
+20%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 16
  • December '24 Dec '24 14
  • November '24 Nov '24 15
  • October '24 Oct '24 21
  • September '24 Sep '24 24
  • August '24 Aug '24 28
  • July '24 Jul '24 18
  • June '24 Jun '24 13
  • May '24 May '24 10
  • April '24 Apr '24 15
  • March '24 Mar '24 8
Number of HELOC Loans i
16
(Feb 2025)
+23.1%
year-over-year
y-o-y
  • February '25 Feb '25 16
  • January '25 Jan '25 14
  • December '24 Dec '24 18
  • November '24 Nov '24 15
  • October '24 Oct '24 17
  • September '24 Sep '24 20
  • August '24 Aug '24 17
  • July '24 Jul '24 20
  • June '24 Jun '24 10
  • May '24 May '24 16
  • April '24 Apr '24 15
  • March '24 Mar '24 9

Phoenix, AZ 85085 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 3
  • 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 2
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 3
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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