Phoenix 85020

Maricopa County, AZ · 14,573 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

48affordability /100

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

Payment burden

32.2%

stretched

Days on market

daily

Price cuts

37.3%

of active

Valuation

-0.4%

vs assessor

Look up an address

/100

Mixed

stable · seller slight · prices easing year-over-year.

Price trend

Affordability

Valuation

Economic health

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

Seller's Market

Needs 6.8% correction for affordability

DOM: 54d (falling) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)50

Valuation Gap (25%)10

Supply & Demand (20%)20

Buy vs Rent (15%)75

Cancellation Rate (10%)0

Days on Market (5%)60

Seller-favored market in 85020. Expect to pay at or near list price. Payment burden: 31.3% of median income. Median days on market: 54. Renting is approximately 100% cheaper than buying (price-to-rent ratio: 24.0).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.

STABLESELLER SLIGHT

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

Turnover Index · Coming soonLotvox Turnover Index needs 30 recorded sales before a grade is published.

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Address lookup$99 report path

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<iframe src="https://lotvox.com/embed/zip/85020" width="100%" height="300" style="border:0;border-radius:12px;overflow:hidden;max-width:640px" loading="lazy" title="Phoenix 85020 — Lotvox market card"></iframe>
<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/phoenix/zip/85020?utm_source=embed&utm_medium=backlink">Phoenix 85020 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$406,540

▾ 0.4% YoY

Days on market

daily · zip_data

Median rent

$1,438

ZORI

Investor score

36/100

cash-flow lens

Active listings

230

90-day

Valuation3 lenses, different anchors

vs assessor

-0.4%

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$404,800

county CAMA · properties_v

vs income

—

Fair-value model not available for this market.

fair_value_scores · 10-state coverage

vs county comps

+70.4%

County-wide market — the widest, slowest signal.

Maricopa+70.4%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$328

Price-to-income5.2×

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How 85020 ranks in AZ

percentile vs all Arizona ZIPs · n=398

Market velocity73%

Supply tightness92%

Affordability51%

Investment yield31%

Appreciation49%

Affordability, supply & momentum

63SUPPLY

Tight MarketSupply Tightness

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

Months of Supply2.6 mo

Days on Market49d

Inv vs History+15.5%

Listing Density13.9/1k

Affordability — payment burden

Monthly payment (P&I)$2,101

Payment burden32.2%

Median income · ZIP$78,412

Mortgage rate6.71% · 30yr

Total monthly own$2,507

Monthly rent$1,438

Market dynamics

Price cut %37.3%

Momentumstable

LeverageSELLER SLIGHT

Months of supply2.6

Sales (90d)0

Investment analysis

Median rent$1,438

Price-to-rent24.0

Est. cap rate2.7%

Buy vs rentfavors renting

Livability

Walk score8

Transit score5

Bike score—

Historical trends

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Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Maricopa.

Aggregate median +9.8% YoY in this ZIP, but the under-$500k tier is -3.0% — the rise is mix shift, not appreciation. Over the same year the under-$500k share of sales moved from 64.5% to 57.9% (-6.5pp) and the $1M+ share from 10.5% to 13.2% (+2.7pp).

Current tiers · 12 months to Aug 25floor 10 sales/tier

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	$200k	$227	53	11.5%	ZIP
$250k–$500k	$350k	$292	214	46.4%	ZIP
$500k–$750k	$602k	$335	88	19.1%	ZIP
$750k–$1M	$850k	$368	45	9.8%	ZIP
$1M–$1.5M	$1.23M	$437	37	8.0%	ZIP
$1.5M–$2M	$1.71M	$481	12	2.6%	ZIP
$2M+	$2.37M	$561	12	2.6%	ZIP
All sales (the headline median)	$435k	$310	461	100%	ZIP

Share of sales by tier (quarterly)

If the upper tiers widen over time, the headline median rises on composition alone.

Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+

Median within each tier, against the headline median (quarterly)

The blue line is the single number NAR-style reporting quotes. The gold lines are what each tier actually did. Log scale — the tiers span an order of magnitude, and on a log axis equal slopes mean equal percentage moves, which is the comparison being made.

Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
All sales (headline)

National context — not local

NAR's aggregate existing-home median for the United States and the West census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 85020.

United States
West

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

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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.

ZIP 85020→Maricopa County, AZ

12-Month Direction

-7Stable

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

41· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden45

33.2%

stretched

Source: Lotvox · Updated 2026-05-15

Buy vs Rent6

1.915x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation11

+70.4%

overvalued

Source: Lotvox comps · Updated 2026-05-15