Phoenix 85048

Maricopa County, AZ · 13,392 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

53affordability /100

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

Payment burden
28.8%
stretched
Days on market
54
daily
Price cuts
38.2%
of active
Valuation
-65.1%
vs assessor
Look up an address
44
/100
Mixed
stable · seller slight · prices easing year-over-year.
Price trend
35
Affordability
65
Valuation
20
Economic health
53

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

42/ 100SellerBalancedBuyer
Balanced Market
DOM: 77d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)40
Supply & Demand (20%)20
Buy vs Rent (15%)100
Cancellation Rate (10%)25
Days on Market (5%)75

Balanced market in 85048. List price is roughly fair — focus on condition and value. Payment burden: 28.8% of median income. Median days on market: 77. Renting is approximately 113% cheaper than buying (price-to-rent ratio: 25.6).

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.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$585,306
▾ 0.2% YoY
Days on market
54
daily · zip_data
Median rent
$1,906
ZORI
Investor score
34/100
cash-flow lens
Active listings
143
90-day

Valuation3 lenses, different anchors

vs assessor
-65.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$204,500
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$291
Price-to-income4.8×

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How 85048 ranks in AZ
percentile vs all Arizona ZIPs · n=398
Market velocity67%
Supply tightness74%
Affordability64%
Investment yield24%
Appreciation57%

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 Market54d
Inv vs History+13.5%
Listing Density10.8/1k
Affordability — payment burden
Monthly payment (P&I)$2,957
Payment burden28.8%
Median income · ZIP$123,198
Mortgage rate6.49% · 30yr
Total monthly own$3,542
Monthly rent$1,906
Market dynamics
Price cut %38.2%
Momentumstable
LeverageSELLER SLIGHT
Months of supply2.6
Sales (90d)0
Investment analysis
Median rent$1,906
Price-to-rent25.6
Est. cap rate2.5%
Buy vs rentfavors renting

Livability

Walk score1
Transit score2
Bike score
Places & amenities in ZIP 85048 · 49 mapped
Leaflet © OpenStreetMap contributors © CARTO
Parks & open space6
Desert Foothills ParkVista Canyon ParkPecos ParkRJ Dog ParkAshurst Drive ParkSouth Mountain Preserve - Telegraph Pass Entrance
Trails9
Highly FalknerPecos Park Walking PathVista Canyon Park Walking PathDegoba LoopDC-Ray ConnectorDesert Classic - Kyrene School Connector+3 more
Recreation & aquatics8
F45 TrainingLA FitnessAhwatukee Foothills Family YMCAPecos PoolPecos Community CenterPure Balance Pilates+2 more
Venues & culture2
Ironwood Branch LibraryOcotillo Desert Camp
Dining & cafés22
StarbucksStarbucksWaffle HouseStarbucksDutch Bros. CoffeeGreen Chile Love+16 more
Getting around1
South 40th Street and Pecos Road Park And Ride
Weekend range10
Sierra Estrella Wilderness Area · wilderness area14 mi
Usdi Bureau Of Reclamation, Central Arizona Project, Orme Dam Water Reserve Withdrawal · national conservation area30 mi
North Maricopa Mountains Wilderness Area · wilderness area32 mi
South Maricopa Mountains Wilderness Area · wilderness area34 mi
Gila River Waterfowl Management Area · national conservation area34 mi
Table Top Wilderness Area · wilderness area37 mi
Superstition Wilderness · wilderness area42 mi
Four Peaks Wilderness · wilderness area47 mi
Hells Canyon Wilderness Area · wilderness area48 mi
Mazatzal Wilderness · wilderness area58 mi

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

1,384 ft above sea level elevation · USGS 3DEPPhoenix: 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.

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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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Nearby ZIP codes