85264
Phoenix, Arizona
Phoenix 85264 is stable.
The 85264 ZIP code in Phoenix, Arizona has a median sale price of $750K, down N/A year-over-year. Homes spend an average of 338 days on market, with 100% of homes selling above list price.
Folio's PropIQ™ score of 71 signals Neutral Watch conditions. This market is holding steady. Monitor inventory shifts before committing.
The 85264 market shows pricing stability at a $750,000 median with zero year-over-year movement, but velocity has deteriorated significantly with homes averaging 338 days to sell. Despite extended marketing periods, all closed transactions achieved above-list pricing, suggesting sellers maintain firm price discipline even as buyer urgency remains absent. This combination of flat appreciation and prolonged absorption indicates a standoff between price-anchored sellers and selective buyers unwilling to chase.
This environment favors patient buyers with extended closing timelines and sellers holding non-distressed properties who can absorb carrying costs during 11-month marketing cycles. Investors seeking immediate liquidity should avoid this market entirely given the 338-day conversion timeframe. Cash buyers gain negotiating leverage as financing contingencies become less competitive when properties sit this long, though the 100% above-list close rate confirms sellers won't capitulate on price despite sluggish demand.
The PropIQ score of 71 signals neutral conditions with downside risk if days-on-market continues expanding beyond the current 338-day average. Watching for increases in price reductions among active listings would confirm whether seller resolve is weakening. Flat year-over-year pricing after such extended marketing periods typically precedes either inventory withdrawal or modest price concessions within two quarters unless demand catalysts emerge.
What is the median home price in 85264 Phoenix?
The median sale price in 85264 is $750K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Phoenix 85264?
Homes in 85264 Phoenix spend an average of 338 days on market before going under contract.
Is Phoenix 85264 a good place to invest in real estate?
Folio's PropIQ™ score for 85264 is 71/100 — a Neutral Watch signal. 100% of homes sold above asking.
What does a PropIQ™ score of 71 mean for 85264?
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 71 = Neutral Watch in 85264 Phoenix, Arizona.