85355
Phoenix, Arizona
Phoenix 85355 needs watching.
The 85355 ZIP code in Phoenix, Arizona has a median sale price of $485K, down -0.0% year-over-year. Homes spend an average of 82 days on market, with 13% 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 85355.
ZIP code 85355 is experiencing market stagnation, with the median sale price holding at $484,990 and zero year-over-year appreciation. Homes are averaging 82 days on market, significantly above the velocity seen in competitive markets. Only 13% of properties are commanding above-list offers, indicating weak buyer urgency and limited competition for inventory. This flat price trajectory coupled with extended market time signals a normalization after previous pricing volatility.
The current conditions favor patient buyers with negotiating leverage, particularly those seeking price stability without bidding wars. With 87% of homes selling at or below list price and three-month average market times, buyers can conduct thorough due diligence without pressure. Sellers face headwinds and should price aggressively from listing to avoid extended DOM. Investors focused on cash flow rather than appreciation may find predictable entry points, though the 55 PropIQ score warrants conservative underwriting assumptions.
The PropIQ score of 55 signals caution, suggesting underlying fundamentals lack the strength to support near-term price growth. Market participants should monitor whether DOM continues extending beyond 82 days, which would indicate further softening. The zero appreciation rate may deteriorate into negative territory if demand weakens or inventory builds. This score historically correlates with markets requiring 12-18 months to establish clear directional trends worth capitalizing on.
What is the median home price in 85355 Phoenix?
The median sale price in 85355 is $485K, down -0.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Phoenix 85355?
Homes in 85355 Phoenix spend an average of 82 days on market before going under contract.
Is Phoenix 85355 a good place to invest in real estate?
Folio's PropIQ™ score for 85355 is 55/100 — a Caution signal. 13% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 85355?
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 85355 Phoenix, Arizona.