85016 Home Values & Market Trends
There are 8 homes currently listed for 85016. 85016 real estate market trends show that home prices range from $3,500 to $9,695,000, and the median sales price in the 85016 zip code is $544,762.93. The total number of properties sold within the past twelve months is 799. In 85016, 11 properties are in foreclosure, 1 are bank owned properties,and 10 are headed for auction.
85016 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Phoenix | $ 520,379 $ 286/sqft |
Housing Market Summary for 85016
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $599.9K | $542.1K | -9.64% |
| Median Sold Price | $568K | $542.1K | -4.56% |
| Homes For Sale | 70 | 7 | -90.00% |
| Homes Sold | 471 | 477 | 1.27% |
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 85016
Browse Homes in 85016
The median list price of a home in Phoenix, is $544,762.93. A total of 8 properties are for sale, and the percentage of properties for sale in the zip code is 8.00%. The total count of 85016 properties is 13,076.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 85016 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 85016; 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 85016 ranges from the highest value of $364,775 in phoenix to the lowest value of $271,450 in phoenix. Bank owned homes and properties account for 0.01% of properties in 85016. There is 1 cities within 85016; phoenix containing 5 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsphoenix has 438 auction properties, the highest number of properties going to auction in a single city in the state of 85016. Auction homes and other auction properties account for 0.08% of all properties in 85016. There is 1 cities within 85016; 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.
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Guide for 85016
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