85031 Home Values & Market Trends
There are 416 homes currently listed for 85031. 85031 real estate market trends show that home prices range from $24,900 to $469,900, and the median sales price in the 85031 zip code is $310,788. The total number of properties sold within the past twelve months is 258. In 85031, 23 properties are in foreclosure, 3 are bank owned properties,and 20 are headed for auction.
85031 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Phoenix | $ 424,020 $ 270/sqft |
Housing Market Summary for 85031
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $341.5K | $329.9K | -3.38% |
| Median Sold Price | $338.2K | $283.6K | -16.14% |
| Homes For Sale | 255 | 402 | 57.65% |
| Homes Sold | 84 | 102 | 21.43% |
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 85031
Browse Homes in 85031
The median list price of a home in Phoenix, is $310,788. A total of 416 properties are for sale, and the percentage of properties for sale in the zip code is 416.00%. The total count of 85031 properties is 562.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 85031 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 85031; 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 85031 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 0.53% of properties in 85031. There is 1 cities within 85031; phoenix containing 300 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsphoenix has 657 auction properties, the highest number of properties going to auction in a single city in the state of 85031. Auction homes and other auction properties account for 3.56% of all properties in 85031. There is 1 cities within 85031; 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 85031
Guide for 85031
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.
