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Median sale price
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ZIP 85023 in Phoenix, AZ: housing market trends

The median home sale price in ZIP 85023 in Phoenix, AZ was $417,877 for the three-month period ending September 2026. Sale prices were 10.1% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$417,877
three-month period ending September 2026
Median sale price per sq ft
$266.07
three-month period ending September 2026
Active listings
203
three-month period ending September 2026
Typical monthly rent
$1,228
Rent index · August 2026

How is housing inventory changing?

There were 203 active listings for the three-month period ending September 2026. Active listings were 14.7% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 49 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 85023 in Phoenix, AZ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$417,877$266.0772
Single-familySeptember 2026$429,892$271.4864
TownhousesSeptember 2026$289,900$236.647 · small sample
Condos / co-opsSeptember 2026$157,995$170.441 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 85023 in Phoenix, AZ
MarketMedian sale priceReporting period / source
Phoenix, AZ$415,000Month ending July 2026 · Zillow
Glendale, AZ$390,000Month ending July 2026 · Zillow
Paradise Valley, AZ$4,497,8583 months ending September 2026 · Redfin
Sun City, AZ$265,000Month ending July 2026 · Zillow
Youngtown, AZ$304,8553 months ending September 2026 · Redfin
Scottsdale, AZ$870,050Month ending July 2026 · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 85023 in Phoenix, AZ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$417,877$266.07203
August 2026$420,000$268.95199
July 2026$421,250$270.53197
June 2026$427,000$271.60207
May 2026$439,900$269.57208
April 2026$445,000$269.61193
March 2026$445,000$262.98178
February 2026$423,000$265.49163
January 2026$422,000$258.28158
December 2025$422,250$266.22172
November 2025$450,000$263.76172
October 2025$445,000$264.58183
September 2025$465,000$257.22177
August 2025$447,500$261.88169
July 2025$467,000$277.30171
June 2025$455,000$277.30183
May 2025$460,000$276.76181
April 2025$460,000$270.99188
March 2025$476,000$270.95180
February 2025$450,000$258.77166
January 2025$449,900$271.05159
December 2024$450,000$275.38153
November 2024$450,000$271.05162
October 2024$447,000$264.92167

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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