1 day on Rocket
#6892530, Jose Luis Palafox, Listing office: Grand Canyon Realty
85023 Housing Market Report June 2025•Maricopa County, Arizona
Housing Prices in 85023, AZ
How much do homes in 85023, AZ cost?
Housing Market Conditions
Is 85023, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
85023 is a Seller's Market
Difference Since June 2024
Since last year, 85023 has remained a Seller's Market.
Insight
85023 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$450,000$271/SqFt
+$9,500
+2.2%
Based on all homes sold in the last 12 months
Insight
Homes in 85023 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 85023 was $450,000 in June 2025, up 2.2% from last year, and the median price per square foot was $271.
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $192K | $190K | -1.0% |
| 22 Bedrooms | $331.7K | $320.5K | -3.4% |
| 33 Bedrooms | $438.9K | $427.5K | -2.6% |
| 44 Bedrooms | $530K | $521.5K | -1.6% |
| 55+ Bedrooms | $825K | $1.3M | +57.6% |
Summary: 85023 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -1.0%. The home price for 2 bedroom homes decreased by -3.4%. The home price for 3 bedroom homes decreased by -2.6%. The home price for 4 bedroom homes decreased by -1.6%. The home price for 5 bedroom homes increased by +57.6%.
How does 85023, AZ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
85023, AZ
Housing supply in 85023, AZ
How many homes are available in 85023, AZ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 117Last MonthJun 2025 | ||
| 1222 months agoMay 2025 | -4.1 % Change MoMMay – Jun |
Summary: The 85023 real estate market had 117 homes for sale in Jun 2025, a 4.1 % decrease compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 28Last MonthJun 2025 | ||
| 312 months agoMay 2025 | -9.7 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 12 | 13 | +8.3% |
| 33 Bedrooms | 59 | 59 | 0.0% |
| 44 Bedrooms | 39 | 35 | -10.3% |
| 55+ Bedrooms | 9 | 7 | -22.2% |
Summary: 85023 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +8.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -10.3%. The inventory for 5 bedroom homes decreased by -22.2%.
Asking Price vs. Sold Price
How much do homes in 85023, AZ cost?
Over Asking Price4 Homes
At Asking Price8 Homes
Under Asking Price16 Homes
Insight
If you're buying a home in 85023, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 85023 in June 2025, down by 9.7% month-over-month. Of the 28 sold homes, 57% were sold under asking, 29% were sold at asking, and and 14% were sold over asking.
Days on Market for 85023, AZ
How long does it take to sell a home in 85023, AZ?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days15 Homes
Over 90 Days6 Homes
Insight
Avg time on Rocket Homes in 85023 has remained consistent over time.
Summary: During June 2025, 28 homes were sold in 85023; 25% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 79 DaysThis YearJun 2025 | ||
| 52 Days1 year agoJun 2024 | +51.3 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in 85023 had an average listing age of 79 days in Jun 2025, up by 51.3% compared to the previous year.
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Newest Listings in 85023, AZ
What homes are available in 85023, AZ?
1 day on Rocket
#6881449, James Cahill, Listing office: Villa Realty, LLC
1 day on Rocket
#6892182, Nicole Fetter, Listing office: Realty ONE Group
3 days on Rocket
#6888905, Errol Turner, Listing office: Real Broker
3 days on RocketBackup offers
#6889727, Austin Stupski, Listing office: Realty ONE Group
4 days on Rocket
#6891561, Susie Goetze, Listing office: Arizona Best Real Estate
4 days on RocketBackup offers
#6890686, Colleen Malley Schwartz, Bruce D Schwartz, Listing office: HomeSmart
4 days on Rocket
#6891167, April Roberts, John Evenson, Listing office: Real Broker
7 days on Rocket
#6889863, Chey Castro, Listing office: eXp Realty
#6889167, Jose A Reyes Alvarez, Listing office: RETSY
Backup offersTour
#6888482, Max Shadle, Listing office: Redfin Corporation
#6887509, Allison Mikes, Listing office: Compass
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MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, for the period 07/01/2023 - 07/01/2025
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: 7/16/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.