Phoenix 85016

Maricopa County, AZ · 14,485 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

38affordability /100

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

Payment burden
37.7%
severe
Days on market
65
daily
Price cuts
34.2%
of active
Valuation
-22.7%
vs assessor
Look up an address
42
/100
Mixed
stable · seller slight · prices rising year-over-year.
Price trend
55
Affordability
25
Valuation
50
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

49/ 100SellerBalancedBuyer
Balanced Market
Needs 20.4% correction for affordability
DOM: 65d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)10
Supply & Demand (20%)20
Buy vs Rent (15%)100
Cancellation Rate (10%)50
Days on Market (5%)75

Balanced market in 85016. 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: 65. Renting is approximately 121% cheaper than buying (price-to-rent ratio: 26.5).

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

Market is holding steady with balanced conditions. Sellers hold a slight edge.

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Market snapshoteach number, once

Median price
$528,695
▴ 0.8% YoY
Days on market
65
daily · zip_data
Median rent
$1,665
ZORI
Investor score
36/100
cash-flow lens
Active listings
248
90-day

Valuation3 lenses, different anchors

vs assessor
-22.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$408,550
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$439
Price-to-income6.2×

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How 85016 ranks in AZ
percentile vs all Arizona ZIPs · n=398
Market velocity46%
Supply tightness81%
Affordability28%
Investment yield24%
Appreciation68%

Affordability, supply & momentum

62SUPPLY
Tight MarketSupply Tightness

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

Months of Supply2.6 mo
Days on Market65d
Inv vs History-3.1%
Listing Density13.4/1k
Affordability — payment burden
Monthly payment (P&I)$2,671
Payment burden37.7%
Median income · ZIP$85,085
Mortgage rate6.49% · 30yr
Total monthly own$3,199
Monthly rent$1,665
Market dynamics
Price cut %34.2%
Momentumstable
LeverageSELLER SLIGHT
Months of supply2.6
Sales (90d)0
Investment analysis
Median rent$1,665
Price-to-rent26.5
Est. cap rate2.5%
Buy vs rentfavors renting

Livability

Walk score9
Transit score5
Bike score—
Places & amenities in ZIP 85016 · 82 mapped
Leaflet © OpenStreetMap contributors © CARTO
Parks & open space5
Granada ParkLos Olivos ParkDesert Storm ParkPhoenix Mountains ParkZen Garden
Trails8
Grand CanalscapePhoenix–Sonoran BikewayGranada Park Walking PathLos Olivos Park Walking PathSun Circle TrailTrail 200A+2 more
Recreation & aquatics14
Devonshire Senior CenterF45 TrainingF45 TrainingOctane CrossfitMoksha YogaLife Time+8 more
Venues & culture12
Century Branch LibraryAMC DINE-IN Esplanade 14The Madison Center for the ArtsArizona Biltmore HotelAbrazo Arizona Heart HospitalBiltmore Area+6 more
Dining & cafés39
SnoozeYellowbellBroken Yolk CafeZupasStarbucksThe Coffee Bean & Tea Leaf+33 more
Land & water3
Arizona Canal Diversion ChannelGranada LakeArizona Canal
Weekend range10
Usdi Bureau Of Reclamation, Central Arizona Project, Orme Dam Water Reserve Withdrawal · national conservation area23 mi
Sierra Estrella Wilderness Area · wilderness area24 mi
Hells Canyon Wilderness Area · wilderness area36 mi
Gila River Waterfowl Management Area · national conservation area37 mi
Superstition Wilderness · wilderness area40 mi
North Maricopa Mountains Wilderness Area · wilderness area40 mi
Four Peaks Wilderness · wilderness area41 mi
Mazatzal Wilderness · wilderness area45 mi
South Maricopa Mountains Wilderness Area · wilderness area45 mi
Hassayampa River Canyon Wilderness Area · wilderness area52 mi

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

1,172 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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