85253 Arizona Real Estate Market Trends & Home Values

85253

85253 Home Values & Market Trends

There are 618 homes currently listed for 85253. 85253 real estate market trends show that home prices range from $5,300 to $20,000,000, and the median sales price in the 85253 zip code is $4,348,546. The total number of properties sold within the past twelve months is 593. In 85253, 5 properties are in foreclosure, 3 are bank owned properties,and 2 are headed for auction.

Housing Market Summary for 85253

	Aug 2025	July 2026	Change
Median Listing Price	$4.5M	$5M	11.00%
Median Sold Price	$3.1M	$3.4M	9.60%
Homes For Sale	394	789	100.25%
Homes Sold	301	215	-28.57%

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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Recently Sold Homes

Explore recent offers and recently sold homes in 85253

E Ironwood Dr, Paradise Valley, AZ 85253

Recently Sold

$6,025,964

Sold Price

4 beds

4 baths

20,330 sqft lot

7153 E Ironwood Dr, Paradise Valley, AZ 85253

N Palmeraie Blvd Unit 2018, Paradise Valley, AZ 85253

Recently Sold

$2,133,728

Sold Price

3 baths

1,576 sqft

1,576 sqft lot

6587 N Palmeraie Blvd Unit 2018, Paradise Valley, AZ 85253

N Palmeraie Blvd Unit 2003, Paradise Valley, AZ 85253

Recently Sold

4 baths

1,875 sqft

1,889 sqft lot

6587 N Palmeraie Blvd Unit 2003, Paradise Valley, AZ 85253

Browse Homes in 85253

The median list price of a home in Paradise Valley, is $4,348,546. A total of 618 properties are for sale, and the percentage of properties for sale in the zip code is 618.00%. The total count of 85253 properties is 842.

Foreclosure

There is 1 cities within 85253; within this cities, the median estimated home value for homes in foreclosure ranges from $4,995,000 in paradise valley to the lowest value of $389,926 in paradise valley. Foreclosure homes account for 0.00% of properties in 85253 with paradise valley containing 5 foreclosures, the highest number of foreclosure properties in a single city.

Pre-Foreclosure
Pre-foreclosure homes account for 0% of all residential properties in 85253 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 85253; 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 85253 ranges from the highest value of $4,638,910 in paradise valley to the lowest value of $389,926 in paradise valley. Bank owned homes and properties account for 0.36% of properties in 85253. There is 1 cities within 85253; paradise valley containing 3 REO properties, has the highest number of bank owned properties in a single city.
Auctions
paradise valley has 2 auction properties, the highest number of properties going to auction in a single city in the state of 85253. Auction homes and other auction properties account for 0.24% of all properties in 85253. There is 1 cities within 85253; of that cities, the median estimated home value for homes going to auction ranges from $4,995,000 in paradise valley to the lowest value of $3,924,974 in paradise valley.

Homes for Sale

Homes and properties that are actively listed for sale account for 73.40% of residential properties in 85253 with paradise valley containing 615 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 85253; homes for sale in that cities, have a range of median values from $35,000,000 in paradise valley to the lowest value of $219,286 in paradise valley.

Sold Homes

The median value for recently sold homes ranges from $60,592,969 in paradise valley to the lowest price of $260,087 in paradise valley. There is 1 cities within 85253. paradise valley has 212 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 25.42% of properties in 85253.

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