Median home value in zip code 85007 (Phoenix, AZ) is $404,177, down 5.2% year over year. Part of the Phoenix-Mesa-Chandler, AZ metropolitan area.

Home Value$404,177

YoY Change

-5.2%

Prices falling — better for buyers.

Affordability

Enter your income for 85007 (Phoenix).

Income (annual)

Down Payment

$80,835 on $404,177

Example: $75,000 household income. Change it above to see your own.

Out of reach38.3% of income

Need $102,514/yr to afford.

PITI$2,392

P/I38.3%

Afford$296K

Gap-$108K

P&I $2,044Tax $199Ins $150

6.50% 30yr, 20% down, county tax + AZ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

85007 is part of the Phoenix-Mesa-Chandler, AZ metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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