The Phoenix Metro housing market encompasses 4 ZIP codes with 15,948 tracked properties. As of 2026-07-26, the metro-wide average median home price is $368,425 with an average payment burden of 18%. BuildersLens tracks 65 economic signals to score this market at 57/100 overall. The most burdened ZIP codes are 85333 (null), 85236 (null), 85288 (null). The most affordable areas include 85261 (null), 85288 (null), 85236 (null).