Phoenix 85008

Maricopa County, AZ · 11,506 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

38affordability /100

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

Payment burden
37.7%
severe
Days on market
53
daily
Price cuts
39.5%
of active
Valuation
+49.1%
vs assessor
Look up an address
32
/100
Weak
stable · buyer advantage · prices easing year-over-year.
Price trend
35
Affordability
25
Valuation
35
Economic health
38

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 20.4% correction for affordability
DOM: 86d (rising) · 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 85008. List price is roughly fair — focus on condition and value. Payment burden: 37.7% of median income. A 7% price correction needed to reach 30% affordability threshold. Median days on market: 86. Renting is approximately 83% cheaper than buying (price-to-rent ratio: 22.0).

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

Market is holding steady with balanced conditions. Buyers have strong negotiating leverage.

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Market snapshoteach number, once

Median price
$381,406
▾ 0.7% YoY
Days on market
53
daily · zip_data
Median rent
$1,445
ZORI
Investor score
43/100
cash-flow lens
Active listings
139
90-day

Valuation3 lenses, different anchors

vs assessor
+49.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$568,500
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$713
Price-to-income6.2×

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How 85008 ranks in AZ
percentile vs all Arizona ZIPs · n=398
Market velocity68%
Supply tightness70%
Affordability28%
Investment yield48%
Appreciation46%

Affordability, supply & momentum

66SUPPLY
Tight MarketSupply Tightness

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

Months of Supply2.6 mo
Days on Market53d
Inv vs History+25.5%
Listing Density6.0/1k
Affordability — payment burden
Monthly payment (P&I)$1,927
Payment burden37.7%
Median income · ZIP$61,369
Mortgage rate6.49% · 30yr
Total monthly own$2,308
Monthly rent$1,445
Market dynamics
Price cut %39.5%
Momentumstable
LeverageBUYER ADVANTAGE
Months of supply2.6
Sales (90d)0
Investment analysis
Median rent$1,445
Price-to-rent22.0
Est. cap rate3.0%
Buy vs rentfavors renting

Livability

Walk score6
Transit score14
Bike score—
Places & amenities in ZIP 85008 · 159 mapped
Leaflet © OpenStreetMap contributors © CARTO
Parks & open space26
Papago ParkPierce ParkDesert Botanical GardenPerry ParkPhoenix Municipal StadiumWillow Park+20 more
Trails26
Grand CanalscapePerry Park Walking PathPapago Park Walking PathPlants and People of the Sonoran Desert Loop TrailSonoran Desert Nature Loop TrailBig Butte Loop+20 more
Recreation & aquatics7
Papago Sports ComplexPlanet FitnessPierce PoolPerry PoolLiberty Performance TrainingD1 Training+1 more
Venues & culture45
Arizona Military MuseumHall of Flame Fire MuseumSaguaro LibraryPhoenix Library for the Blind and Physically HandicappedPhoenix Talking Book LibraryHyena+39 more
Dining & cafés40
StarbucksPho ArcadiaApplebee'sGojoPHX BEER COSuper Oscar Mexican Food+34 more
Land & water10
Main LakePapago PondsWetlandsOld Crosscut CanalNew Crosscut CanalBarnes Butte+4 more
Getting around4
Turismos TarahumaraPapago Army Air Support FieldDesert palmAl - Rahma Shopping Center
Weekend range10
Usdi Bureau Of Reclamation, Central Arizona Project, Orme Dam Water Reserve Withdrawal · national conservation area22 mi
Sierra Estrella Wilderness Area · wilderness area22 mi
Superstition Wilderness Water Sources, Plo 5368 Watershed Withdrawal · national conservation area36 mi
Gila River Waterfowl Management Area · national conservation area38 mi
Four Peaks Wilderness · wilderness area40 mi
North Maricopa Mountains Wilderness Area · wilderness area40 mi
Hells Canyon Wilderness Area · wilderness area40 mi
South Maricopa Mountains Wilderness Area · wilderness area44 mi
McFarland State Historic Park · state park45 mi
Mazatzal Wilderness · wilderness area47 mi

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

1,174 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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