Paradise Valley 85253

Maricopa County, AZ · 9,885 properties with county records

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Paradise Valley 85253 is in Maricopa County, AZ, part of the Phoenix Metro. The typical home value in Paradise Valley 85253 is $3,339,008 (Zillow Home Value Index, September 2026), up 12.1% from a year earlier. Homes that sold went under contract in a median 85 days, and 28% of listings took a price cut (Redfin Data Center, period ending Sep 30, 2026). On Lotvox's market-leverage reading of that data, with 6.5 months of supply, sellers hold a slight edge. The Lotvox Turnover Index is not published for 85253 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Maricopa County's 128 ZIPs with a Zillow value, the middle one is $447,215, so 85253 sits 647% above the county middle. Typical rent is $1,897 a month (Zillow Observed Rent Index, September 2026). Lotvox holds county assessor records for 9,885 properties in 85253.

Headline value data through September 2026. Each source below carries its own date.

Is 85253 a buyer's or seller's market?

By Lotvox's leverage reading of Redfin data through Sep 30, 2026, 85253 is a seller's market, narrowly. Homes went under contract in a median 85 days with 6.5 months of supply.

What do homes in 85253 sell for?

The typical home value in 85253 is $3,339,008 (Zillow Home Value Index, September 2026), up 12.1% in a year. County records put the median at about $879 per square foot (computed Apr 21, 2026).

Who is likely to sell in 85253?

Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 85253 has not passed that test yet. When it does, the score appears here.

How does 85253 compare to Maricopa County?

85253's typical value of $3,339,008 compares with a middle value of $447,215 across Maricopa County's 128 ZIPs. Both are Zillow Home Value Index figures for September 2026.

Where does this 85253 data come from?

Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.

Sources: Zillow Home Value Index (ZHVI) (as of Sep 30, 2026) · Redfin Data Center (as of Sep 30, 2026) · Zillow Observed Rent Index (ZORI) (as of Sep 30, 2026) · county assessor records (counted Oct 25, 2026) · How Lotvox works
Cite as: Lotvox ZIP market record, 85253 Paradise Valley, AZ, data through September 2026, https://lotvox.com/phoenix/zip/85253

Listings Flow Ladder — Listings flow could not be loaded (429).

Should you buy here?

buyer-timing lens
0affordability /100

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

Payment burden
120.9%
severe
Days on market
85
daily
Price cuts
28.4%
of active
Valuation
-45.1%
vs assessor

Days on market and price cuts: Redfin Data Center, rolling 90 days.

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Rent vs own — the renter's question first
$1,897
median rent · per month
$21,688
total cost to own · per month
+$19,791
more to own · per month

Rent: Zillow Observed Rent Index (ZORI). Ownership cost: Zillow Home Value Index (ZHVI), 20% down, 30-year loan at the current mortgage rate, plus 1.2% of the price a year.

Rent to price — the investor's question first
146.7×
price to annual rent
Lower is friendlier to a buy-to-let case. This is a ratio of published medians, not a yield on any particular property.

Price: Zillow Home Value Index (ZHVI). Annual rent: 12 months of Zillow Observed Rent Index (ZORI).

31
/100
Weak
hot · seller slight · prices rising year-over-year.
Price trend
50
Affordability
10
Valuation
35

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / seller

buyer-timing lens
65/ 100SellerBalancedBuyer
Negotiate Hard
Needs 75.2% correction for affordability
DOM: 86d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)60
Supply & Demand (20%)20
Buy vs Rent (15%)100
Cancellation Rate (10%)25
Days on Market (5%)75

Moderate buyer leverage in 85253. Room to negotiate 5-10% below list. Payment burden: 110.9% of median income. A 68% price correction needed to reach 30% affordability threshold. Median days on market: 86. Renting is approximately 798% cheaper than buying (price-to-rent ratio: 107.7).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
HOTSELLER SLIGHT

Market is running hot with fast-moving inventory. Sellers hold a slight edge. Prices up 12.1% YoY.

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

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Market snapshot

each number, once
Median price
$3,339,008
▴ 12.1% YoY
Days on market
85
Redfin
Median rent
$1,897
ZORI
Investor score
35/100
cash-flow lens
Active listings
209
90-day

Median price: Zillow Home Value Index (ZHVI). Median rent: Zillow Observed Rent Index (ZORI). Days on market and active listings: Redfin Data Center, rolling 90 days.

Valuation

3 lenses, different anchors
vs assessor
-45.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$1,834,200
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$879
Price-to-income18.1×

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How 85253 ranks in AZ
percentile vs all Arizona ZIPs · n=398
Market velocity30%
Supply tightness70%
Affordability0%
Investment yield1%
Appreciation99%

Affordability, supply & momentum

51SUPPLY
Tight MarketSupply Tightness

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

Months of Supply2.6 mo
Days on Market85d
Inv vs History-12.9%
Listing Density28.2/1k
Affordability — payment burden
Monthly payment (P&I)$18,349
Payment burden120.9%
Median income · ZIP$182,150
Mortgage rate7.32% · 30yr
Total monthly own$21,688
Monthly rent$1,897
Market dynamics
Price cut %28.4%
Momentumhot
LeverageSELLER SLIGHT
Months of supply6.5
Sales (90d)97
Investment analysis
Median rent$1,897
Price-to-rent146.7
Est. cap rate0.6%
Buy vs rentfavors renting

Livability

Walk score4
Transit score1
Bike score—

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Housing pulse

4 charts, one facade

Housing pulse — Housing pulse could not be loaded (429).

Price bands

mix-shift

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Maricopa County context

macro · 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

Typical home value: Zillow Home Value Index (ZHVI); change is the 12-month change.