Median home value in zip code 85048 (Phoenix, AZ) is $580,836, down 1.0% year over year. Part of the Phoenix-Mesa-Chandler, AZ metropolitan area.

Home Value$580,836

YoY Change

-1.0%

Prices falling — better for buyers.

Affordability

Enter your income for 85048 (Phoenix).

Income (annual)

Down Payment

$116,167 on $580,836

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

Out of reach54% of income

Need $144,557/yr to afford.

PITI$3,373

P/I54%

Afford$301K

Gap-$279K

P&I $2,937Tax $286Ins $150

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

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

Metro Analysis

85048 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 analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.