The 85048 housing market is somewhat competitive. Homes in 85048 receive 2 offers on average and sell in around 43.5 days. The median sale price of a home in 85048 was $593K last month, up 9.7% since last year. The median sale price per square foot in 85048 is $307, up 9.1% since last year.
In April 2024, 85048 home prices were up 9.7% compared to last year, selling for a median price of $593K. On average, homes in 85048 sell after 44 days on the market compared to 56 days last year. There were 116 homes sold in April this year, down from 121 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$592,500
+9.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
85048, AZ
$592,500
+9.7%
United States
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How hot is the 85048 housing market?
85048 is somewhat competitive. Homes sell in 42 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 19 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 85048 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 85048.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
85048 has a moderate risk of flooding. 1,079 properties in 85048 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 85048. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
85048 has a severe risk of wildfire. There are 13,315 properties in 85048 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 85048.