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85338 Housing Market Report June 2025•Maricopa County, Arizona

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Housing Prices in 85338, AZ

How much do homes in 85338, AZ cost?

Housing Market Conditions

Is 85338, AZ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

85338 is a Seller's Market

Difference Since June 2024

Since last year, 85338 has remained a Seller's Market.

Insight

85338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$456,185$228/SqFt
+$1,237
0.3%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in 85338 has remained the same since last year.

Summary: The median home sold price in 85338 was $456,185 in June 2025, up 0.3% from last year, and the median price per square foot was $228.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
85326
+1.5%
85338
0.3%
85353
0.0%
85395
-2.7%
85323
-3.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$413.2K$415K
0.4%
3$433.3K$419.4K
-3.2%
4$472.5K$479.9K
+1.6%
5$589.9K$550.4K
-6.7%

Summary: 85338 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by 0.4%. The home price for 3 bedroom homes decreased by -3.2%. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes decreased by -6.7%.

How does 85338, AZ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

85338, AZ

Housing supply in 85338, AZ

How many homes are available in 85338, AZ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
611Last MonthJun 2025
6372 months agoMay 2025
-4.1 %
Change MoMMay – Jun

Summary: The 85338 real estate market had 611 homes for sale in Jun 2025, a 4.1 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
103Last MonthJun 2025
1282 months agoMay 2025
-19.5 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
25553
-3.6%
3247231
-6.5%
4272264
-2.9%
56363
0.0%

Summary: 85338 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 decreased by -3.6%. The inventory for 3 bedroom homes decreased by -6.5%. The inventory for 4 bedroom homes decreased by -2.9%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 85338, AZ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price18 Homes

At Asking Price42 Homes

Under Asking Price43 Homes

Insight

If you're buying a home in 85338, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 103 homes were sold or pending in 85338 in June 2025, down by 19.5% month-over-month. Of the 103 sold homes, 42% were sold under asking, 41% were sold at asking, and and 17% were sold over asking.

Days on Market for 85338, AZ

How long does it take to sell a home in 85338, AZ?

Breakdown of Home Sale Times

Under 30 Days24 Homes

30 – 90 Days47 Homes

Over 90 Days32 Homes

Insight

Avg time on Rocket Homes in 85338 has remained consistent over time.

Summary: During June 2025, 103 homes were sold in 85338; 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

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
75 DaysThis YearJun 2025
68 Days1 year agoJun 2024
+11.0 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in 85338 had an average listing age of 75 days in Jun 2025, up by 11.0% compared to the previous year.

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Newest Listings in 85338, AZ

What homes are available in 85338, AZ?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Arizona Regional MLS, MLS of Southern Arizona, and White Mountain MLS for the period 07/01/2023 - 07/01/2025

IDX 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: 7/20/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. 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. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. 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: 7/20/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXCopyright 2025 White Mountain Association of REALTORS®, Inc. All rights reserved. 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. Information deemed reliable, but not guaranteed. The data relating to real estate for sale on this Website comes in part from the Internet Data Exchange program of the White Mountain Association of REALTORS®. Real estate listings held by any other brokerage firm include the name of that firm.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 11:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.