85261, AZ Housing Market

Homes for sale

The 85261 housing market is very competitive. The median sale price of a home in 85261 was $395K last month, down 41.7% since last year. The median sale price per square foot in 85261 is $416, up 2.2% since last year.

Trends
Demand
Schools
Climate

85261 Housing Market Trends

What is the housing market like in 85261 today?

In October 2024, 85261 home prices were down 41.7% compared to last year, selling for a median price of $395K.

$480K

Sale Price

+2.5%
since last year

$416

Sale $/Sq. Ft.

+2.2%
since last year

Over List Price

Days on Market

Down Payment

27.5%

Total Homes Sold

To compare other locations to the 85261 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Arizona add value to a home.

Work with the best agents in 85261

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How hot is the 85261 housing market?

85261 is very competitive. Homes sell in 25 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 25 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 days.

Compare With Nearby Zip codes

85254

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 63 days.
Hot homes
can sell for around list price and go pending in around 32 days.

85016

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 35 days.

See more nearby cities and neighborhoods

View houses in 85261 that sold recently

Recently sold homes

SOLD NOV 15, 2024
$479,500 Last Sold Price
2 beds
2 baths
1,151 sq ft
8653 E Royal Palm Rd #1019, Scottsdale, AZ 85258
List Price
$489,000
Sale to List
2% under list
Days on Market
36 days
8653 E Royal Palm Rd #1019, Scottsdale, AZ 85258
SOLD AUG 28, 2024
3D WALKTHROUGH
$395,000 Last Sold Price
2 beds
2 baths
1,116 sq ft
8651 E Royal Palm Rd #106, Scottsdale, AZ 85258
List Price
$400,000
Sale to List
1% under list
Days on Market
48 days
8651 E Royal Palm Rd #106, Scottsdale, AZ 85258
SOLD JUL 1, 2024
$400,000 Last Sold Price
2 beds
2 baths
1,151 sq ft
8653 E Royal Palm Rd #1006, Scottsdale, AZ 85258
List Price
$425,000
Sale to List
6% under list
Days on Market
30 days
8653 E Royal Palm Rd #1006, Scottsdale, AZ 85258

Schools in 85261

Learn about schools in the 85261 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 85261 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 85261.

Heat Factor - Severe

60% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 85261

New Listings in 85261

City Housing Markets

Nearby Zip Code Housing Markets

County Housing Markets

Maricopa County Housing Market

City Listings

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County Listings

Maricopa County Real Estate

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