New - 2 days on Rocket
$3,028 Closing Credit¹
#6819231, Christie Ellis, Listing Office: Keller Williams Integrity First
85017 Housing Market Report January 2025•Maricopa County, Arizona
Housing Prices in 85017, AZ
How much do homes in 85017, AZ cost?
Housing Market Conditions
Is 85017, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
85017 is a Neutral Market
Difference Since January 2024
At the same time last year, 85017 was a Seller's Market.
Insight
85017 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$330,000$222/SqFt
+$1,500
0.5%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in 85017 has remained the same since last year.
Summary: The median home sold price in 85017 was $330,000 in January 2025, up 0.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $86K | $84.5K | -1.7% |
| 22 Bedrooms | $200K | $211.5K | +5.8% |
| 33 Bedrooms | $330K | $330K | 0.0% |
| 44 Bedrooms | $360K | $369K | +2.5% |
| 55+ Bedrooms | $409.9K | $390.2K | -4.8% |
Summary: 85017 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -1.7%. The home price for 2 bedroom homes increased by +5.8%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +2.5%. The home price for 5 bedroom homes decreased by -4.8%.
Housing supply in 85017, AZ
How many homes are available in 85017, AZ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 82Last MonthJan 2025 | ||
| 762 months agoDec 2024 | +7.9 % Change MoMDec – Jan |
Summary: The 85017 real estate market had 82 homes for sale in Jan 2025, a 7.9 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthJan 2025 | ||
| 172 months agoDec 2024 | -23.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 9 | 8 | -11.1% |
| 22 Bedrooms | 15 | 18 | +20.0% |
| 33 Bedrooms | 28 | 28 | 0.0% |
| 44 Bedrooms | 18 | 22 | +22.2% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
Summary: 85017 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -11.1%. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +22.2%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 85017, AZ cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price7 Homes
Insight
If you're buying a home in 85017, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 85017 in January 2025, down by 23.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and and 15% were sold over asking.
Days on Market for 85017, AZ
How long does it take to sell a home in 85017, AZ?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days6 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in 85017 has remained consistent over time.
Summary: During January 2025, 13 homes were sold in 85017; 23% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 73 DaysThis YearJan 2025 | ||
| 35 Days1 year agoJan 2024 | +108.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 85017 had an average listing age of 73 days in Jan 2025, up by 108.3% compared to the previous year.
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Newest Listings in 85017, AZ
What homes are available in 85017, AZ?
New - 6 days on Rocket
$5,047 Closing Credit¹
#6817532, Edgar M Arizmendi, Listing Office: A.Z. & Associates
New - 6 days on Rocket
$3,978 Closing Credit¹
#6817310, Van Nu, Listing Office: Better Homes & Gardens Real Estate SJ Fowler
New - 6 days on Rocket3D tour
$4,513 Closing Credit¹
#6817189, Kimberley Doering, Listing Office: Redfin Corporation
New - 6 days on Rocket
$7,125 Closing Credit¹
#6816664, Edward D Caro, Listing Office: RE/MAX Desert Showcase
New - 6 days on Rocket
$3,901 Closing Credit¹
#6815628, Jeremy Marks, Listing Office: HomeSmart
New - 7 days on Rocket
$8,408 Closing Credit¹
#6816712, Jarrod Smith, Listing Office: Plush Arizona Living
$4,334 Closing Credit¹
#6812916, Cesar Ochoa, Listing Office: HomeSmart Premier
$1,663 Closing Credit¹
#6811882, Thomas J Loegering Jr., Listing Office: REMS(Real Estate Management Se
$2,791 Closing Credit¹
#6811421, Gina McClain, Listing Office: AIG Realty LLC
$1,306 Closing Credit¹
#6810911, Todd Lamarque, Chris Bianco, Listing Office: Weichert Realty, Civic Center
$4,453 Closing Credit¹
#6808538, Jessica Wrubel, Listing Office: Citiea
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MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.