Every number below comes from recorded sales, not sentiment.
Right now this is a balanced market, holding steady.
Neither side holds much leverage. Homes move at a normal pace for this ZIP and pricing discipline decides the outcome.
$630K
Median sold (3 mo)
$289
Per sqft
61 days
On market · 5-yr norm 33
98.8%
Sold to list
13%
Closed over list · 5-yr norm 25%
Latest three complete months of ARMLS single-family sales in 85048.‡
One-year $/sqft change: -2.1%. Three-year: 1.6%.
Percentages sit next to this ZIP's own five-year norm, so a number reads as high or low
for 85048 specifically, not the metro.
Out of the 106 homes that closed in May to July 2026, here is the bedroom count buyers
actually bought. Median 3.0 bathrooms.
CLIFFORDSELLSAZ
2 beds or fewer0%
3 bedrooms32%
4 bedrooms48%
5+ bedrooms20%
Where 85048 sits
The shaded area is ZIP 85048. Streets and highways
stay visible so you can orient yourself. Map data from OpenStreetMap.
Is 85048 expensive right now
Measured against 26 years of history, 85048 is priced right where it usually sits relative to the rest of the Valley. No premium, no discount. If you buy here, you pay what the neighborhood is actually worth.
This is a finished neighborhood. Builders moved on decades ago, so the 13,378 homes here are the whole story. Most were built around 1993. 16% of the homes are landlord-owned, which is typical for the Valley.
When 85048 was built
The age profile of the 12,677 homes here with a recorded build year. The copper
bar is the decade that defines this neighborhood. Age tells you what to inspect: a 1970s ZIP
means original plumbing and panels are still out there, while a 2020s ZIP is mostly
under builder warranty.
CLIFFORDSELLSAZ
Before 19600%
1960s0%
1970s0%
1980s22%
1990s66%
2000s8%
2010s2%
2020s2%
Twenty-six years of price history
ZIP 85048Maricopa County
Median sold price per square foot by month,
Jan 2000 to Aug 2026, 3-month smoothed. ARMLS single-family sales.
Over the last 10 years this ZIP appreciated 86%.* In the 2008 crash it drew down 50% peak to trough,† which is the honest measure of how it behaves when the market turns.
Where prices actually land
From 197 sales in the last 6 months (February to July 2026).
Half of everything sold between the 25th and 75th percentile lines.
$/sqft
Sold price
Bottom of the market (p10)
$233
25th percentile
$251
$529,527
Median
$285
$626,959
75th percentile
$320
$774,678
Top of the market (p90)
$360
$/sqft and sold price are each their own ranking of
these 197 sales — the 25th percentile by $/sqft is not always the same
sale as the 25th percentile by price, since home size varies within any price range.
Price per square foot falls as homes get bigger here, so a large home should be judged against its own size band below, not the ZIP overall.
Size band
Median $/sqft
Sales
Under 1,400 sqft
too few to publish
12
1,400 to 1,900 sqft
$305/sqft
41
1,900 to 2,600 sqft
$275/sqft
76
Over 2,600 sqft
$259/sqft
68
CLIFFORDSELLSAZ
Where does your home land?
Slide to a price and size. I will place it on 85048's ladder, using the
last 6 months of actual sales.
ENTRYVALUEMIDUPPERPREMIUM
YOUR HOME
$233/sqft$285 median$360/sqft
Runs entirely on this page. Nothing is sent anywhere. Not an appraisal,
just where the number sits on this ZIP's ladder.
See what features place a house into each price tier in 85048, and how your
home stacks up. Leave a way to reach you and I will send your street-level
breakdown.
Got it. Your
85048 tier breakdown is on its way. I read every one of these myself. Clifford
That didn't go
through. Try once more, or email me directly at
clifford@cliffordsellsaz.com
and I will take it from there.
What this means for you
Buying here
No rush, no panic. Pricing discipline matters more than timing. Leverage score 56 out of 100,
measured against this ZIP's own 26-year history. Days on market sit at the
75th percentile of everything this ZIP has ever done.
Selling here
The data says: price at market; expect near-list offers. That comes from how 85048 buyers
are actually behaving this quarter, not a rule of thumb.
Short-term rentals
22 licensed short-term rentals operate in 85048 (City of Phoenix registry).
Profile: 86% have a pool, median last sale $522K,
32% professionally managed. The archetype here is resort/pool.
If you are weighing a purchase for STR use, this is proven demand territory, and also
proven competition.
Neighborhood profile: 85048
Who provides the power, how common HOAs are, the assigned schools, and what the homes come with. From ARMLS listing data.
Assigned schoolsElementary: Kyrene de la Sierra, Kyrene de la Estrell · Middle: Kyrene Akimel A-al, Kyrene Altadena · High: Desert Vista High, Desert Vista. Look up ratings at Arizona's school report cards.
HOA96% of homes are in an HOA (median $35/mo).
Electric utilitySRP (99%) territory.
Water source100% on a city or private water utility.
Homes & amenities65% have a private pool, 16% gated, 13% on a golf course, 3% have a community pool.
Communities within 85048
One ZIP can hold very different neighborhoods. These are the most active by recent sales, from brand-new gated builds to established non-HOA streets.
Is ZIP 85048 in Phoenix a buyer's or seller's market right now?
As of May to July 2026, 85048 is a balanced market. Homes take a median 61 days to sell and 13% close above asking, below the ZIP's ~25% five-year norm for this time of year — measured against the ZIP's own history, not the metro average.
What is the median home price in 85048 (Phoenix)?
Over the latest three complete months, the median sold price in 85048 is $630K, about $289 per square foot. Across a steadier six-month window it is $626,959, about $285 per square foot — the shorter window moves faster, the longer one is more reliable when a ZIP has fewer sales.
Is 85048 affordable for a first-time buyer?
Entry-level homes in 85048, around the 25th percentile by sold price, start near $529,527 (median $626,959). Separately, the 25th percentile by $/sqft is about $251 — its own ranking of the same sales, since home size varies within any price range.
Is 85048 a good area to buy a rental or investment property?
16% of homes in 85048 are held as long-term rentals, and prices are up 86% over the last 10 years. In the 2008 downturn the area drew down 50% peak to trough, which shows how it behaves when the market turns.
What price will a home in 85048 sell for?
Over the last 6 months, most 85048 homes sold between $529,527 and $774,678, with a median of $626,959. By $/sqft — its own ranking, not necessarily the same sales — the high end (90th percentile) reaches about $360 per square foot.
How fast do homes sell in 85048?
Homes in 85048 take a median 61 days on market and close at 98.8% of list price, with 13% going over asking, as of May to July 2026.
Is 85048 newer or older housing?
Homes in 85048 were built around a median year of 1993, with 0% built before 1980. Older stock means budgeting for roof, HVAC and systems; newer stock means less deferred maintenance.
This is the ZIP. Your street tells its own story.
I run this same analysis at the subdivision and
size-band level before any client of mine lists or offers.
* 10-year appreciation compares the 3-month-smoothed median price per square foot in August 2016 against August 2026 — the same series shown in the chart above.
† 2008 drawdown is peak-to-trough on the smoothed monthly series: the April 2006 peak to the August 2011 low. On annual medians the figure looks smaller, but it would not match the chart.
‡ The hero tiles above use the latest three complete months (more current, smaller sample); the price-tier table below uses six months (more stable, larger sample). The two medians will not always match, and in a ZIP with fewer sales the gap can be substantial, not a rounding difference.
West USA Realty
Market Data by Clifford Wong, West USA Realty · v1.1 · Data through August 2026 · Updated August 25, 2026
Clifford Wong is licensed to sell real estate in Arizona by the Arizona Department of Real Estate · West USA Realty · AZ License SA699206000 · Equal Housing Opportunity
Sources: ARMLS sold records (Jan 2000 to Aug 2026) and Maricopa County Assessor public
records. Analysis window May to July 2026. This report describes market conditions in ZIP 85048
as a whole. It is not an appraisal or a valuation of any specific property, and it is not
investment advice. Statistics reflect recorded single-family sales and may lag the market
by up to one month. Clifford Wong, West USA Realty.