Phoenix 85024

Maricopa County, AZ · 9,818 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

50affordability /100

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

Payment burden
30.4%
stretched
Days on market
48
daily
Price cuts
37.6%
of active
Valuation
-17%
vs assessor
Look up an address
50
/100
Mixed
stable · seller slight · prices easing year-over-year.
Price trend
35
Affordability
65
Valuation
50
Economic health
50

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

34/ 100SellerBalancedBuyer
Seller's Market
DOM: 72d (rising) · 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%)75

Seller-favored market in 85024. Expect to pay at or near list price. Payment burden: 30.4% of median income. Median days on market: 72. Renting is approximately 85% cheaper than buying (price-to-rent ratio: 22.2).

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.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$490,390
▾ 1.0% YoY
Days on market
48
daily · zip_data
Median rent
$1,845
ZORI
Investor score
41/100
cash-flow lens
Active listings
93
90-day

Valuation3 lenses, different anchors

vs assessor
-17.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$407,150
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$369
Price-to-income5.0×

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How 85024 ranks in AZ
percentile vs all Arizona ZIPs · n=398
Market velocity76%
Supply tightness78%
Affordability56%
Investment yield43%
Appreciation40%

Affordability, supply & momentum

70SUPPLY
Tight MarketSupply Tightness

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

Months of Supply2.6 mo
Days on Market48d
Inv vs History+3.5%
Listing Density9.2/1k
Affordability — payment burden
Monthly payment (P&I)$2,477
Payment burden30.4%
Median income · ZIP$97,759
Mortgage rate6.49% · 30yr
Total monthly own$2,967
Monthly rent$1,845
Market dynamics
Price cut %37.6%
Momentumstable
LeverageSELLER SLIGHT
Months of supply2.6
Sales (90d)0
Investment analysis
Median rent$1,845
Price-to-rent22.2
Est. cap rate2.9%
Buy vs rentfavors renting

Livability

Walk score4
Transit score1
Bike score—
Places & amenities in ZIP 85024 · 18 mapped
Leaflet © OpenStreetMap contributors © CARTO
Parks & open space5
Buffalo Ridge ParkBuffalo Ridge PreserveDeer Valley Motorcycle ParkScarlett Canyon PreservePinnacle Park at Desert Peak
Trails1
North 19th Place
Recreation & aquatics2
Chateau LuxeWildfire Crossfit
Venues & culture3
North/Northwest PhoenixCave Creek DamAva Bakery
Dining & cafés3
O2 Sushi PhoenixFederico's Mexican FoodCafe Balkan
Land & water2
Cave CreekScatter Wash
Getting around1
Sun Valley Fliers
Weekend range11
Usdi Bureau Of Reclamation, Central Arizona Project, Orme Dam Water Reserve Withdrawal · national conservation area25 mi
Hells Canyon Wilderness Area · wilderness area26 mi
Sierra Estrella Wilderness Area · wilderness area35 mi
Mazatzal Wilderness · wilderness area35 mi
Castle Creek Wilderness · wilderness area37 mi
Four Peaks Wilderness · wilderness area41 mi
Gila River Waterfowl Management Area · national conservation area42 mi
Hassayampa River Canyon Wilderness Area · wilderness area42 mi
Superstition Wilderness · wilderness area43 mi
Pine Mountain Wilderness · wilderness area43 mi

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

1,511 ft above sea level elevation · USGS 3DEP2 protected / open-space parcels · USGS PAD-USPhoenix: incorporated/founded 1868; named after phoenix · Wikidata

Place data: 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