ZIP 85048

85048 is one of 135 ZIP codes that lie mostly in Maricopa County, AZ.

Shaded by typical home value, it ranks 8 of the 39 nearby ZIPs shown.

13 school locations in 85048: 6 elementary, 3 middle, 4 high.

In alphabetical order: Desert Vista High School, EVIT - Desert Vista High School, Horizon Honors Elementary School, Horizon Honors Secondary School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 85048 was worth $197,214.

Values peaked at $620,481 in July 2022. The latest reading is −6.8% from that peak.

As of August 2026: $578,277, −0.1% over twelve months.

Start with the typical home: $578,277. Put 20% down and borrow $462,622 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,203 a month in principal and interest.

The median household here earns $123,198 a year, $10,267 a month. So the payment takes 31.2% of income — rated “stretched” (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 10.6% 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 $1,181.

In December 2020, with rates at 2.68%, it was $1,399.

By August 2026, at 6.67%, it was $2,975 — +113% since December 2020, while the home's value moved +34%.

Reported values rose +193% 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 $389,222. So the real change is +49%, not +193%.

85048: +193% since January 2000.

Maricopa County: +212% since January 2000.

Arizona: +207% since January 2000 — 85048 ran behind it by 14 points.

Against 398 Arizona ZIP codes, 85048 sits at the 64th percentile for affordability (price vs local income).

55th for appreciation (recent value growth); 23rd for rental yield (rent vs price).

Owning the typical home costs about $3,781 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,847 a month.

Price divided by a year's rent: 26.1. 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 49% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 107. That is 52% of the 2015–2019 level for the same months.

Going out — closed sales: about 41 a month. That is 58% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.6 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 5 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Homes sold: about 41 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 59 — so sales ran at 69% 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: 107 in June 2026.

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

Of 5,107 homes with a recorded purchase date, 15% have had the same owner for 20 years or more, and 29% changed hands in the last five.

25% are owned from a different mailing address, 6% from out of state.