85255 Home Values & Market Trends
There are 18 homes currently listed for 85255. 85255 real estate market trends show that home prices range from $5,350 to $32,000,000, and the median sales price in the 85255 zip code is $1,220,555.3. The total number of properties sold within the past twelve months is 1,283. In 85255, 9 properties are in foreclosure, 1 are bank owned properties,and 8 are headed for auction.
85255 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Scottsdale | $ 1,099,500 $ 472/sqft |
Housing Market Summary for 85255
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.7M | $1.2M | -30.13% |
| Median Sold Price | $1.2M | $1.2M | 2.33% |
| Homes For Sale | 174 | 20 | -88.51% |
| Homes Sold | 888 | 855 | -3.72% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 85255
Browse Homes in 85255
The median list price of a home in Scottsdale, is $1,220,555.3. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 85255 properties is 20,333.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 85255 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 85255; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 85255 ranges from the highest value of $1,974,757 in scottsdale to the lowest value of $646,470 in scottsdale. Bank owned homes and properties account for 0.00% of properties in 85255. There is 1 cities within 85255; scottsdale containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsscottsdale has 70 auction properties, the highest number of properties going to auction in a single city in the state of 85255. Auction homes and other auction properties account for 0.04% of all properties in 85255. There is 1 cities within 85255; of that cities, the median estimated home value for homes going to auction ranges from $5,083,479 in scottsdale to the lowest value of $243,083 in scottsdale.
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Guide for 85255
Scottsdale, Arizona’s real estate market exhibits strong growth and investment potential, with average property values peaking at $1.1 million in December 2023
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, 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.
The Mesa, Arizona real estate market displays a variety of trends with property values fluctuating monthly.