Phoenix 85004

Maricopa County, AZ · 2,601 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

40affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
36.2%
severe
Days on market
56
daily
Price cuts
36.0%
of active
Valuation
+90.4%
vs assessor
Look up an address
29
/100
Weak
cooling · buyer advantage · prices easing year-over-year.
Price trend
35
Affordability
25
Valuation
20
Economic health
40

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

45/ 100SellerBalancedBuyer
Balanced Market
Needs 17.1% correction for affordability
DOM: 65d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)10
Supply & Demand (20%)20
Buy vs Rent (15%)75
Cancellation Rate (10%)50
Days on Market (5%)75

Balanced market in 85004. List price is roughly fair — focus on condition and value. Payment burden: 36.3% of median income. Median days on market: 65. Renting is approximately 75% cheaper than buying (price-to-rent ratio: 21.0).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBUYER ADVANTAGE

Market is cooling with expanding inventory. Buyers have strong negotiating leverage. Prices down 2.9% YoY.

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Market snapshoteach number, once

Median price
$425,817
▾ 2.9% YoY
Days on market
56
daily · zip_data
Median rent
$1,690
ZORI
Investor score
41/100
cash-flow lens
Active listings
55
90-day

Valuation3 lenses, different anchors

vs assessor
+90.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$810,855
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+71.3%
County-wide market — the widest, slowest signal.
Maricopa+71.3%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$368
Price-to-income6.0×

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How 85004 ranks in AZ
percentile vs all Arizona ZIPs · n=398
Market velocity62%
Supply tightness81%
Affordability31%
Investment yield54%
Appreciation7%

Affordability, supply & momentum

64SUPPLY
Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply2.6 mo
Days on Market56d
Inv vs History+4.8%
Listing Density11.8/1k
Affordability — payment burden
Monthly payment (P&I)$2,151
Payment burden36.2%
Median income · ZIP$71,250
Mortgage rate6.49% · 30yr
Total monthly own$2,577
Monthly rent$1,690
Market dynamics
Price cut %36.0%
Momentumcooling
LeverageBUYER ADVANTAGE
Months of supply2.6
Sales (90d)0
Investment analysis
Median rent$1,690
Price-to-rent21.0
Est. cap rate3.1%
Buy vs rentfavors renting

Livability

Walk score24
Transit score12
Bike score—
Places & amenities in ZIP 85004 · 112 mapped
Leaflet © OpenStreetMap contributors © CARTO
Parks & open space9
Central ParkCancer Survivors ParkMonterey ParkTownsend ParkCivic Space ParkVirginia G. Piper Plaza+3 more
Trails7
1001410031North Terrace TrailNorth Overbank TrailMonterey Park Walking PathPhoenix–Sonoran Bikeway+1 more
Recreation & aquatics7
The PembertonPhoenix PrideSutra StudiosTrack Club FitnessCentral Park Recreation CenterEoS Gym+1 more
Venues & culture38
Burton Barr Public LibraryPhoenix Art MuseumHeard MuseumGeorge Washington Carver Museum and Cultural CenterAMC Arizona Center 24Arizona Science Center+32 more
Dining & cafés39
Fillmore Coffee Co.Mancuso's RestaurantStarbucksMajerle's Sports GrillCompass Arizona GrillDowntown Pizza Lounge+33 more
Land & water3
Salt RiverDemonstration Wetlandwaterfall
Getting around8
Van Buren/Central AveEncanto/Central AveVan Buren/1st Ave3rd St/WashingtonWashington/Central Ave3rd St/ Jefferson+2 more
Weekend range7
Sierra Estrella Wilderness Area · wilderness area19 mi
Usdi Bureau Of Reclamation, Central Arizona Project, Orme Dam Water Reserve Withdrawal · national conservation area27 mi
Gila River Waterfowl Management Area · national conservation area34 mi
North Maricopa Mountains Wilderness Area · wilderness area36 mi
Hells Canyon Wilderness Area · wilderness area39 mi
South Maricopa Mountains Wilderness Area · wilderness area41 mi
Mazatzal Wilderness · wilderness area50 mi

Straight-line distance from the ZIP centroid (USGS PAD-US).

1,089 ft above sea level elevation · USGS 3DEP1 protected / open-space parcels · USGS PAD-USPhoenix: incorporated/founded 1868; named after phoenix · Wikidata

Place data: NPS National Register of Historic Places · USGS 3D Elevation Program · USGS Protected Areas Database (PAD-US) · Wikidata · © OpenStreetMap contributors — licensed ODbL (OpenStreetMap), CC0 (Wikidata) and US public domain (USGS, NPS, Census). Every place shown comes from the named sources; nothing is editorialized.

Historical trends

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Maricopa County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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Phoenix Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Maricopa County