Median home value in zip code 85016 (Phoenix, AZ) is $524K, down 0.4% year over year. Part of the Phoenix-Mesa-Chandler, AZ metropolitan area.
Full stress scores, AI analysis, and 12-month forecast: Phoenix-Mesa-Chandler, AZ metro →
Home Value$523,896
YoY Change
-0.4%
AFFORDABILITY6.50% 30yr, 20% down, county tax + AZ ins. 28% per HUD.
Enter your income for 85016 (Phoenix).
$104,779 on $523,896
Out of reach — 48.9% of income
Need $131,014/yr to afford.
PITI$3,057
P/I48.9%
Afford$300K
Gap-$224K
P&I $2,649Tax $258Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis
85016 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.
View Phoenix-Mesa-Chandler, AZ analysisWant deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.
Try Free