The Unshakable Investor

Unshakable ZIP Data 85008 | Phoenix, AZ Housing Market

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

The median sale price in ZIP 85008, Phoenix, Arizona is $384,386 at $299 per square foot. 76 single-family homes sold in the latest period, down 8.2 percent from a year earlier. Homes sit a median of 54 days on market with 6.0 months of supply. Sellers are getting 96.8 percent of list price and 5.4 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$397,477
Average price per sq ft$309
Median sale price$384,386
Median sale price per sq ft$299
Median home size1,285 sq ft
Median new listing price$416,391-7.1%
National size rank500

Sales activity

MetricValueYear over year
Homes sold76-8.2%
Median days on market54 days
Months of supply6.0 months
New listings132+10.9%
Active listings245+7.5%
Pending sales82-20.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.8%-0.9 pts
Share sold above list5.4%-5.4 pts

Bedroom value anchors

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

1-bedroom
$214,365
2-bedroom
$306,317
3-bedroom
$436,863
4-bedroom
$534,358
5-bedroom
$654,252

These figures describe the single-family market for Phoenix, Arizona ZIP 85008. They are market context, not a substitute for sold comps or a formal appraisal.