ZIP 85201 vs ZIP 85040

85201 is one of 135 ZIP codes that lie mostly in Maricopa County, AZ.

Shaded by typical home value, it ranks 35 of the 37 nearby ZIPs shown.

20 school locations in 85201: 2 elementary, 10 middle, 4 high, 4 other.

In alphabetical order: Carson Junior High School, Concordia Charter School, Early Education Center, Eisenhower Center for Innovation, and more on the ZIP page. Locations only — no ratings are shown here.

85040 is one of 135 ZIP codes that lie mostly in Maricopa County, AZ.

Shaded by typical home value, it ranks 35 of the 39 nearby ZIPs shown.

18 school locations in 85040: 4 elementary, 10 middle, 4 high.

In alphabetical order: AIM Higher College Prep Academy, ASU Preparatory Academy - South Phoenix High School, ASU Preparatory Academy - South Phoenix Intermediate, ASU Preparatory Academy - South Phoenix Primary, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 85201 was worth $92,712.

Values peaked at $399,082 in July 2022. The latest reading is −10.6% from that peak.

As of August 2026: $356,788, −1.5% over twelve months.

Start with the typical home: $356,788. Put 20% down and borrow $285,430 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,976 a month in principal and interest.

The median household here earns $63,725 a year, $5,310 a month. So the payment takes 37.2% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.7% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $555.

In December 2020, with rates at 2.68%, it was $915.

By August 2026, at 6.67%, it was $1,836 — +101% since December 2020, while the home's value moved +26%.

Reported values rose +285% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $182,977. So the real change is +95%, not +285%.

85201: +285% since January 2000.

Maricopa County: +212% since January 2000.

Arizona: +207% since January 2000 — 85201 ran ahead of it by 78 points.

Against 398 Arizona ZIP codes, 85201 sits at the 38th percentile for affordability (price vs local income).

31st for appreciation (recent value growth); 43rd for rental yield (rent vs price).

Owning the typical home costs about $2,333 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,372 a month.

Price divided by a year's rent: 21.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 85040 was worth $75,937.

Values peaked at $359,680 in July 2022. The latest reading is −11.1% from that peak.

As of August 2026: $319,917, −1.9% over twelve months.

Start with the typical home: $319,917. Put 20% down and borrow $255,934 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,772 a month in principal and interest.

The median household here earns $57,890 a year, $4,824 a month. So the payment takes 36.7% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 8.7% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $455.

In December 2020, with rates at 2.68%, it was $791.

By August 2026, at 6.67%, it was $1,646 — +108% since December 2020, while the home's value moved +31%.

Reported values rose +321% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $149,869. So the real change is +113%, not +321%.

85040: +321% since January 2000.

Maricopa County: +212% since January 2000.

Arizona: +207% since January 2000 — 85040 ran ahead of it by 115 points.

Against 398 Arizona ZIP codes, 85040 sits at the 40th percentile for affordability (price vs local income).

22nd for appreciation (recent value growth); 93rd for rental yield (rent vs price).

Owning the typical home costs about $2,092 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,833 a month.

Price divided by a year's rent: 14.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 36 a month (Redfin, 3-month rolling data through August 2026). That is 67% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 103.

Going out — closed sales: about 31 a month. That is 54% of the 2015–2019 level for the same months. The drain is drawn 54% narrower: the share of homes for sale that sell each month is 46% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.4 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 6 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 31 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 50 — so sales ran at 62% of it, and below it in 24 of the last 24 months.

Across Maricopa County, builders pulled permits for 31,651 new homes in 2025.

Of those, 54% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 28 a month (Redfin, 3-month rolling data through August 2026). That is 76% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 95.

Going out — closed sales: about 15 a month. That is 43% of the 2015–2019 level for the same months. The drain is drawn 73% narrower: the share of homes for sale that sell each month is 27% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 6.5 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 13 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 15 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 31 — so sales ran at 48% of it, and below it in 24 of the last 24 months.

Across Maricopa County, builders pulled permits for 31,651 new homes in 2025.

Of those, 54% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Maricopa County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 25,749 moved in. Among the ten receiving the most, 25,843 moved out.

Net across those counties: −94 households. Beside it, homes for sale in this ZIP: 103 in June 2026.

Most arrivals came from Pinal, AZ (6,549 households); most departures went to Pinal, AZ (10,805).

Of 3,091 homes with a recorded purchase date, 18% have had the same owner for 20 years or more, and 27% changed hands in the last five.

30% are owned from a different mailing address, 5% from out of state.

This ZIP sits in Maricopa County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 25,749 moved in. Among the ten receiving the most, 25,843 moved out.

Net across those counties: −94 households. Beside it, homes for sale in this ZIP: 95 in June 2026.

Most arrivals came from Pinal, AZ (6,549 households); most departures went to Pinal, AZ (10,805).

Of 3,501 homes with a recorded purchase date, 14% have had the same owner for 20 years or more, and 26% changed hands in the last five.

34% are owned from a different mailing address, 6% from out of state.