85070
Phoenix, Arizona
Phoenix 85070 needs watching.
The 85070 ZIP code in Phoenix, Arizona has a median sale price of $634K, down N/A year-over-year. Homes spend an average of 100 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 85070.
The Phoenix 85070 ZIP code shows a stalled market with a median sale price of $633,625 holding flat year-over-year through February 2026. Homes are spending 100 days on market, triple the velocity of a balanced market and significantly above the metro average. Zero homes sold above asking price in the most recent period, indicating buyers hold complete negotiating leverage and sellers are meeting the market rather than commanding premiums.
This environment favors patient buyers with financing certainty who can leverage the 100-day average DOM to negotiate below-list transactions. Sellers facing mandatory timelines should avoid this market—the data shows no urgency from the buyer pool. Investors seeking cash flow over appreciation may find opportunity if rental fundamentals support the $633,625 entry point, but speculative buyers expecting near-term price growth face headwinds given the flat annual performance.
The PropIQ score of 27 signals material caution, suggesting downward price pressure or continued stagnation ahead. With no homes capturing premiums and inventory sitting for extended periods, watch for capitulation through increased price reductions in Q2 2026. The flat year-over-year trend combined with deteriorating pace metrics indicates this ZIP has not found its clearing price, and the low intelligence score suggests further adjustment is more probable than recovery.
What is the median home price in 85070 Phoenix?
The median sale price in 85070 is $634K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Phoenix 85070?
Homes in 85070 Phoenix spend an average of 100 days on market before going under contract.
Is Phoenix 85070 a good place to invest in real estate?
Folio's PropIQ™ score for 85070 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 85070?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 85070 Phoenix, Arizona.