Median home value in zip code 85024 (Phoenix, AZ) is $487,038, down 2.2% year over year. Part of the Phoenix-Mesa-Chandler, AZ metropolitan area.

Home Value$487,038

YoY Change

-2.2%

Prices falling — better for buyers.

Affordability

Enter your income for 85024 (Phoenix).

Income (annual)

Down Payment

$97,408 on $487,038

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

Out of reach45.6% of income

Need $122,229/yr to afford.

PITI$2,852

P/I45.6%

Afford$299K

Gap-$188K

P&I $2,463Tax $239Ins $150

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

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

Metro Analysis

85024 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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