85048 Home Values & Market Trends

There are 0 homes currently listed for 85048. 85048 real estate market trends show that home prices range from $0 to $0, and the median sales price in the 85048 zip code is $578,158.36. The total number of properties sold within the past twelve months is 496. In 85048, 9 properties are in foreclosure, 0 are bank owned properties,and 9 are headed for auction.

85048 Real Estate Market Overview

CityMedian Est. Value
Phoenix

$ 532,148

$ 292/sqft

Housing Market Summary for 85048

Apr 2023March 2024Change
Median Listing Price$604.5K$578.4K-4.33%
Median Sold Price$570.4K$578.4K1.40%
Homes For Sale380-100.00%
Homes Sold434399-8.06%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 85048

The median list price of a home in Phoenix, is $578,158.36. A total of 0 properties are for sale, and the percentage of properties for sale in the zip code is 0.00%. The total count of 85048 properties is 12,676.

Foreclosure
There is 1 cities within 85048; within this cities, the median estimated home value for homes in foreclosure ranges from $4,505,072 in phoenix to the lowest value of $138,736 in phoenix. Foreclosure homes account for 0.00% of properties in 85048 with phoenix containing 457 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 85048 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 85048; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 85048 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 85048. There is 1 cities within 85048; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    phoenix has 452 auction properties, the highest number of properties going to auction in a single city in the state of 85048. Auction homes and other auction properties account for 0.07% of all properties in 85048. There is 1 cities within 85048; of that cities, the median estimated home value for homes going to auction ranges from $4,505,072 in phoenix to the lowest value of $138,736 in phoenix.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in 85048 with phoenix containing 92 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 85048; homes for sale in that cities, have a range of median values from $9,895,000 in phoenix to the lowest value of $176,381 in phoenix.
    Sold Homes
    The median value for recently sold homes ranges from $11,813,320 in phoenix to the lowest price of $23,255 in phoenix. There is 1 cities within 85048. phoenix has 12602 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.24% of properties in 85048.

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      Guide for 85048

      Market Reports
      Real Estate Trends in Phoenix and Surrounding Cities in 2023
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      Tucson Real Estate Sees Average Property Value Rise to $367,000 in February 2024
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      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
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      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
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      Real Estate Trends in Phoenix and Surrounding Cities in 2023
      Market Reports|posted 12 February 2024

      Market Report of Phoenix, AZ – December 2022-2023

      Tucson Real Estate Sees Average Property Value Rise to $367,000 in February 2024
      Market Reports|posted 29 March 2024

      The Tucson real estate market has witnessed significant growth trends, with average property values reaching $367,000 as of February 2024. This growth offers equity gain opportunities to investors despite the market’s competitive nature. Additionally, neighboring cities present varied property value and market activity scenarios, offering homebuyers a range of options.

      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
      Market Reports|posted 13 March 2024

      Glendale, AZ’s real estate market has seen considerable fluctuations in property value and sale prices. The significant peaks and troughs offer intriguing trends to potential buyers, sellers, and investors, while a comparative analysis with nearby cities like Phoenix, Peoria, and Sun City presents a diverse real estate landscape in this region of Arizona.

      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
      Market Reports|posted 7 March 2024

      The Mesa, Arizona real estate market displays a variety of trends with property values fluctuating monthly.

      Recently Listed Homes 85048

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