85286
Phoenix, Arizona
Phoenix 85286 needs watching.
The 85286 ZIP code in Phoenix, Arizona has a median sale price of $623K, down -6.4% year-over-year. Homes spend an average of 62 days on market, with 10% 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 85286.
The 85286 ZIP code shows clear cooling with a median sale price of $622,500, down 6.4% year-over-year as of February 2026. Homes are averaging 62 days on market, indicating measured buyer activity rather than urgency. Only 10% of properties are selling above list price, a significant departure from competitive market norms where 30-40% premiums are typical. This price compression signals a shift from the seller-dominant conditions that characterized Phoenix submarkets in previous years.
Price-sensitive buyers gain negotiating leverage in this environment, with 90% of transactions closing at or below asking price. The 62-day marketing period provides adequate time for due diligence without competitive pressure from multiple offers. Sellers with immediate liquidity needs face headwinds, as the 6.4% annual decline erodes equity positions established during the 2021-2023 appreciation cycle. Investors seeking cash-flowing rental properties may find reasonable entry points if the median price stabilizes near current levels.
The PropIQ score of 55 suggests heightened risk and continued price discovery ahead. The combination of negative price momentum and single-digit above-list sales indicates the market hasn't found bottom. Key indicators to monitor include whether days-on-market extends beyond 75 days and if the year-over-year decline accelerates past 8%, both of which would signal deeper correction. Stabilization requires above-list sales returning above 20% alongside DOM contraction below 45 days.
What is the median home price in 85286 Phoenix?
The median sale price in 85286 is $623K, down -6.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Phoenix 85286?
Homes in 85286 Phoenix spend an average of 62 days on market before going under contract.
Is Phoenix 85286 a good place to invest in real estate?
Folio's PropIQ™ score for 85286 is 55/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 85286?
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 85286 Phoenix, Arizona.