The Unshakable Investor

Unshakable ZIP Data 85003 | Phoenix, AZ Housing Market

Phoenix · Maricopa County · Phoenix-Mesa-Chandler, AZ metro · Arizona · Data updated June 19, 2026

The median sale price in ZIP 85003, Phoenix, Arizona is $687,296 at $465 per square foot. 27 single-family homes sold in the latest period, down 4.4 percent from a year earlier. Homes sit a median of 46 days on market with 7.1 months of supply. Sellers are getting 96.5 percent of list price and 11.5 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$672,240
Average price per sq ft$455
Median sale price$687,296
Median sale price per sq ft$465
Median home size1,479 sq ft
Median new listing price$792,723+44.1%
National size rank10,856

Sales activity

MetricValueYear over year
Homes sold27-4.4%
Median days on market46 days
Months of supply7.1 months
New listings32-30.9%
Active listings97-2.8%
Pending sales26-24.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.5%-1.2 pts
Share sold above list11.5%+11.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$367,060
2-bedroom
$571,393
3-bedroom
$779,360
4-bedroom
$982,051

These figures describe the single-family market for Phoenix, Arizona ZIP 85003. They are market context, not a substitute for sold comps or a formal appraisal.