The 85240 housing market is somewhat competitive. The median sale price of a home in 85240 was $450K last month, up 1.2% since last year. The median sale price per square foot in 85240 is $230, down 4.2% since last year.
In January 2025, 85240 home prices were up 1.2% compared to last year, selling for a median price of $450K. On average, homes in 85240 sell after 62 days on the market compared to 44 days last year. There were 243 homes sold in January this year, up from 185 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$449,990
+1.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
85240, AZ
$449,990
+1.2%
United States
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How hot is the 85240 housing market?
85240 is somewhat competitive. Homes sell in 63 days.
0
100
55
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 63 days.
Hot homes
can sell for around list price and go pending in around 31 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 85240 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 85240.
Flood Factor - Minor
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
85240 has a minor risk of flooding. 1,781 properties in 85240 are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in 85240. Flood risk is increasing faster than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
85240 has a major risk of wildfire. There are 22,891 properties in 85240 that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in 85240.