85007 Home Values & Market Trends
There are 225 homes currently listed for 85007. 85007 real estate market trends show that home prices range from $22,900 to $2,950,000, and the median sales price in the 85007 zip code is $491,639. The total number of properties sold within the past twelve months is 198. In 85007, 10 properties are in foreclosure, 3 are bank owned properties,and 7 are headed for auction.
85007 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Phoenix | $ 421,878 $ 270/sqft |
Housing Market Summary for 85007
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $555K | $529K | -4.68% |
| Median Sold Price | $398.3K | $367.1K | -7.84% |
| Homes For Sale | 165 | 225 | 36.36% |
| Homes Sold | 81 | 62 | -23.46% |
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 85007
Browse Homes in 85007
The median list price of a home in Phoenix, is $491,639. A total of 225 properties are for sale, and the percentage of properties for sale in the zip code is 225.00%. The total count of 85007 properties is 307.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 85007 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 85007; 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 85007 ranges from the highest value of $2,550,000 in phoenix to the lowest value of $109,333 in phoenix. Bank owned homes and properties account for 0.98% of properties in 85007. There is 1 cities within 85007; phoenix containing 291 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsphoenix has 686 auction properties, the highest number of properties going to auction in a single city in the state of 85007. Auction homes and other auction properties account for 2.28% of all properties in 85007. There is 1 cities within 85007; of that cities, the median estimated home value for homes going to auction ranges from $2,248,534 in phoenix to the lowest value of $96,752 in phoenix.
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More Real Estate Resources for 85007
Guide for 85007
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
