The 85016 housing market is somewhat competitive. Homes in 85016 receive 1 offers on average and sell in around 75 days. The median sale price of a home in 85016 was $556K last month, up 3.3% since last year. The median sale price per square foot in 85016 is $376, up 4.4% since last year.
In March 2024, 85016 home prices were up 3.3% compared to last year, selling for a median price of $556K. On average, homes in 85016 sell after 75 days on the market compared to 70 days last year. There were 130 homes sold in March this year, up from 124 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,500
+3.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
85016, AZ
$555,500
+3.3%
United States
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How hot is the 85016 housing market?
85016 is somewhat competitive. Homes sell in 66 days.
0
100
33
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 4% below list price and go pending in around 66 days.
Hot homes
can sell for around list price and go pending in around 31 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Madison Heights Elementary School
Public • PreK-4 • Choice school
532
Students
15 reviews
4/10
Madison Camelview Elementary School
Public • PreK-4 • Choice school
611
Students
13 reviews
4/10
Madison #1 Elementary School
Public • 5-8 • Choice school
998
Students
13 reviews
2/10
Loma Linda Elementary School
Public • PreK-8 • Choice school
555
Students
10 reviews
2/10
Larry C Kennedy School
Public • PreK-8 • Choice school
601
Students
13 reviews
Only showing 5 of
7 elementary schools.
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 85016 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 85016.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
85016 has a minor risk of flooding. 240 properties in 85016 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 85016. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
85016 has a severe risk of wildfire. There are 4,202 properties in 85016 that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in 85016.