Phoenix, AZ 85023 Real Estate & Property Data

Phoenix, AZ 85023 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 514 residential properties have been sold over the past 12 months in 85023. With a median sales price of $460,000 in 85023 and a total of 2 foreclosures in Phoenix, AZ 85023. Discover market trends and get the granular level real estate data for Phoenix, AZ 85023 to keep your pulse on the housing market. Curate compelling home reports for Phoenix, AZ 85023 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Phoenix, AZ 85023 Real Estate Market Trends
Total Residential Properties 9,367
Total Commercial Properties 219
Avg. Home Age (Single Family Home) 41 Years
Avg. Square Feet (Single Family Home) 1,895
Total 2024 Residential Sales (year-to-date) 53
% of Homes Seriously Underwater (Q2 2024) 0.75%
Total 2023 Residential Sales 488
% of Equity Rich Homes (Q2 2024) 48.9%
Effective 2023 Property Tax 0.43%
Total Foreclosure Filings (year-to-date) 6
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Phoenix, AZ 85023 Real Estate Overview

There were 514 residential properties sold in the past year in Phoenix, AZ 85023. The median home value in Phoenix, AZ 85023 is $437,772. There are a total of 9,367 residential properties in the 85023.

Median Sales Price i
$460,000
(Feb 2024)
+9.7%
year-over-year
y-o-y
  • February '24 Feb '24 $460,000
  • January '24 Jan '24 $412,000
  • December '23 Dec '23 $415,000
  • November '23 Nov '23 $437,500
  • October '23 Oct '23 $435,000
  • September '23 Sep '23 $441,250
  • August '23 Aug '23 $440,000
  • July '23 Jul '23 $437,500
  • June '23 Jun '23 $450,000
  • May '23 May '23 $390,000
  • April '23 Apr '23 $402,285
  • March '23 Mar '23 $418,000
Median Down Payment i
$73,625
(Feb 2024)
+101.8%
year-over-year
y-o-y
  • February '24 Feb '24 $73,625
  • January '24 Jan '24 $31,974
  • December '23 Dec '23 $59,750
  • November '23 Nov '23 $95,000
  • October '23 Oct '23 $52,038
  • September '23 Sep '23 $46,759
  • August '23 Aug '23 $57,000
  • July '23 Jul '23 $28,662
  • June '23 Jun '23 $69,500
  • May '23 May '23 $45,550
  • April '23 Apr '23 $18,500
  • March '23 Mar '23 $32,676
Number of Homes Sold i
30
(Feb 2024)
-28.6%
year-over-year
y-o-y
  • February '24 Feb '24 30
  • January '24 Jan '24 23
  • December '23 Dec '23 31
  • November '23 Nov '23 26
  • October '23 Oct '23 36
  • September '23 Sep '23 58
  • August '23 Aug '23 43
  • July '23 Jul '23 37
  • June '23 Jun '23 42
  • May '23 May '23 56
  • April '23 Apr '23 34
  • March '23 Mar '23 56
Number of Purchase Loans i
26
(Feb 2024)
-10.3%
year-over-year
y-o-y
  • February '24 Feb '24 26
  • January '24 Jan '24 14
  • December '23 Dec '23 20
  • November '23 Nov '23 17
  • October '23 Oct '23 34
  • September '23 Sep '23 43
  • August '23 Aug '23 31
  • July '23 Jul '23 30
  • June '23 Jun '23 24
  • May '23 May '23 46
  • April '23 Apr '23 29
  • March '23 Mar '23 45
Number of REFI Loans i
11
(Feb 2024)
+22.2%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 16
  • December '23 Dec '23 23
  • November '23 Nov '23 18
  • October '23 Oct '23 24
  • September '23 Sep '23 19
  • August '23 Aug '23 13
  • July '23 Jul '23 13
  • June '23 Jun '23 19
  • May '23 May '23 13
  • April '23 Apr '23 5
  • March '23 Mar '23 10
Number of HELOC Loans i
10
(Feb 2024)
-16.7%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 13
  • December '23 Dec '23 8
  • November '23 Nov '23 9
  • October '23 Oct '23 15
  • September '23 Sep '23 10
  • August '23 Aug '23 12
  • July '23 Jul '23 8
  • June '23 Jun '23 8
  • May '23 May '23 11
  • April '23 Apr '23 8
  • March '23 Mar '23 13

Phoenix, AZ 85023 Foreclosure Activity

There were a total of 2 Phoenix, AZ 85023 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 5
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Foreclosure Starts i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 5
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
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