85257
Phoenix, Arizona
Phoenix 85257 needs watching.
The 85257 ZIP code in Phoenix, Arizona has a median sale price of $605K, down -1.6% year-over-year. Homes spend an average of 62 days on market, with 6% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 85257.
ZIP code 85257 shows cooling momentum with a median sale price of $605,000, down 1.6% year-over-year as of February 2026. Homes are averaging 62 days on market, indicating extended selling timelines compared to peak conditions. Only 6% of properties are closing above list price, signaling diminished buyer urgency and a shift toward price-sensitive negotiations. The market has transitioned from seller-dominated conditions to a more balanced state where pricing discipline determines outcomes.
This environment favors patient buyers with financing secured and flexible closing timelines who can leverage the 62-day market absorption rate. Sellers with equity cushions and realistic pricing expectations relative to the -1.6% annual decline can still transact, but those requiring quick exits face compression. Investors seeking cash-flowing rentals may find opportunity in the $605,000 median, though appreciation expectations should be tempered given current trajectory.
The PropIQ score of 55 signals caution, suggesting further price discovery ahead rather than immediate recovery. The 6% above-list metric indicates insufficient demand to absorb inventory at current asking prices. Market participants should monitor days-on-market trends monthly; sustained increases beyond 62 days would confirm continued softening, while stabilization could indicate a pricing floor has formed in this Phoenix submarket.
What is the median home price in 85257 Phoenix?
The median sale price in 85257 is $605K, down -1.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Phoenix 85257?
Homes in 85257 Phoenix spend an average of 62 days on market before going under contract.
Is Phoenix 85257 a good place to invest in real estate?
Folio's PropIQ™ score for 85257 is 55/100 — a Caution signal. 6% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 85257?
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 55 = Caution in 85257 Phoenix, Arizona.