Lotvox market story

ZIP 85142

Queen Creek, Pinal County, AZ

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$584,470
12-month change
−0.4%
Months of supply
4.0

This week since 2026-10-08: Months of supply 4.0 (was 4.1) · Payment share of income 31.0% (was 30.7%)

1 of 5

Who's going to sell in 85142 this year?

Lotvox Turnover Index

Ranking every home in 85142 by how likely it is to sell

Random pick of 20% of parcels20.0%Lotvox Turnover Index top 20%22.4%
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index ranks the 24,143 parcels in 85142, calibrated on this ZIP's own recorded sales.

In a held-out test on 49 arm's-length sales, 22.4% of the parcels that sold were already in its top 20% on the scoring date. Random chance is 20%.

Its top 10% alone held 8.2% of those sales, against 10% by chance.

Where

85142 in Pinal County, AZ

85118 · $475,37285119 · $388,70885120 · $352,45485121 · no value published85122 · $305,66585123 · $246,97885128 · $269,15385131 · $288,10985132 · $327,76685137 · $163,09385138 · $342,57585139 · $334,16485140 · $427,82785141 · no value published85142 · $584,47085143 · $373,36185145 · $286,16985147 · no value published85172 · no value published85173 · $184,95185191 · no value published85192 · $155,48885193 · $343,71485194 · $359,39385618 · no value published85623 · $522,59685631 · $153,73585658 · $528,31085739 · $464,956 85142
$154K$584K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

85142 is one of 29 ZIP codes that lie mostly in Pinal County, AZ — 68% of its own area is in the county.

Shaded by typical home value, it ranks 1 of the 23 with a value.

Value rank in county
1 of 23

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 85142

Elementary · 1Middle · 20High · 14Other · 2
Source: NCESSource: U.S. Department of Education, National Center for Education Statistics (school locations)

37 school locations in 85142: 1 elementary, 20 middle, 14 high, 2 other.

In alphabetical order: ALA QC Elem, American Leadership Academy Queen Creek K-12, American Leadership Academy San Tan Valley K-6, American Leadership Academy Signal Butte K-6, and more on the ZIP page. Locations only — no ratings are shown here.

School locations
37

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 85142

$0$200K$400K$600K$800K200020052010201520202025Peak July 2022 · $641,034Latest · $584,470
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 85142 was worth $169,851.

Values peaked at $641,034 in July 2022. The latest reading is −8.8% from that peak.

As of August 2026: $584,470, −0.4% over twelve months.

Typical home value
$584,470
12-month change
−0.4%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$584,470
Loan at 20% down
$467,576
30-year fixed rate
7.40%
Monthly principal + interest
$3,237
Median household income, per month
$10,436
Share of income
31.0%
0%30%60%
At today's rate, by home value, 2000–2026: 9.0% → 31.0%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $584,470. Put 20% down and borrow $467,576 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,237 a month in principal and interest.

The median household here earns $125,236 a year, $10,436 a month. So the payment takes 31.0% 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 9.0% in 2000.

Payment share of income
31.0%
Monthly P&I
$3,237

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$1K$2K$3K$4K2000200520102015202020252.68% rate · $1,3846.67% rate · $3,007
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

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 $1,017.

In December 2020, with rates at 2.68%, it was $1,384.

By August 2026, at 6.67%, it was $3,007 — +117% since December 2020, while the home's value moved +37%.

Payment change since 2020
+117%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$200K$400K$600K$800K200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +244% 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 $335,218. So the real change is +74%, not +244%.

Real change since 2000
+74%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

85142 against its neighbors

0100200300400200020052010201520202025
85142 (2000 = 100)Pinal County (2000 = 100)Arizona (2000 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

85142: +244% since January 2000.

Pinal County: +159% since January 2000.

Arizona: +207% since January 2000 — 85142 ran ahead of it by 37 points.

Change since 2000
+244%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

85142 among Arizona ZIPs

Affordability — price vs local income
64th pct
Appreciation — recent value growth
49th pct
Rental yield — rent vs price
43rd pct
Source: Zillow (ZHVI) · Census ACS · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Against 398 Arizona ZIP codes, 85142 sits at the 64th percentile for affordability (price vs local income).

49th for appreciation (recent value growth); 43rd for rental yield (rent vs price).

Affordability percentile
64th

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$3,822
principal + interest $3,237 · taxes & insurance est. $585
Rent: typical rent (ZORI)
$2,166
Price-to-rent ratio
22.5
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $3,822 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,166 a month.

Price divided by a year's rent: 22.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
22.5

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo4.0 mo4.0 months of supplyNet +6 / month · inventory growing
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

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 112 a month (Redfin, 3-month rolling data through August 2026). That is 98% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 431. That is 139% of the 2015–2019 level for the same months.

Going out — closed sales: about 107 a month. That is 106% of the 2015–2019 level for the same months. The drain is drawn 37% narrower: the share of homes for sale that sell each month is 63% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 4.0 months of supply — inside the 4–6 month balanced range. 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.

Months of supply
4.0

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

05010015020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 107 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 96 — so sales ran at 111% of it, and below it in 1 of the last 24 months.

Sales vs 2015–19 level
111%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

05,00010,00015,00020227,25420237,32420249,50420258,048
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Pinal County, builders pulled permits for 8,048 new homes in 2025.

Of those, 81% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
8,048

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

4 of 5

Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
13,114
Moved out (top-10 destination counties)
8,147
Net households
+4,967
Top origins
Maricopa, AZ10,805
Pima, AZ772
Los Angeles, CA328
Top destinations
Maricopa, AZ6,549
Pima, AZ753
Navajo, AZ144
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Pinal County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 13,114 moved in. Among the ten receiving the most, 8,147 moved out.

Net across those counties: +4,967 households. Beside it, homes for sale in this ZIP: 431 in June 2026.

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

Net households (top-10 flows)
+4,967

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

Who's holding

How long owners in 85142 have held

0–5 years
6,899
5–10 years
5,565
10–20 years
2,218
20+ years
638
Source: County records · as of 2026-10-11Source: County assessor and recorder public records · data as of 2026-10-11

Of 15,320 homes with a recorded purchase date, 4% have had the same owner for 20 years or more, and 45% changed hands in the last five.

22% are owned from a different mailing address, 6% from out of state.

Held 20+ years
4%
Owned from elsewhere
22%

Source: County assessor and recorder public records · data as of 2026-10-11

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 85142 with 85658The same story, side by side. An agent?Claim 85142 as your farm territory$299/mo · the farm territory and this page's sponsor spot.

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Link: https://lotvox.com/story/phoenix/zip/85142