85379
Phoenix, Arizona
Phoenix 85379 needs watching.
The 85379 ZIP code in Phoenix, Arizona has a median sale price of $418K, down -1.8% year-over-year. Homes spend an average of 62 days on market, with 14% 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 85379.
The 85379 ZIP code has registered a median sale price of $417,500 as of February 2026, marking a year-over-year decline of 1.8% in a cooling pricing environment. Homes are averaging 61.5 days on market, indicating extended listing periods compared to peak market velocity. Only 14% of properties are closing above list price, signaling reduced buyer competition and a shift from seller-dominated conditions that characterized previous years.
This environment favors price-sensitive buyers who can leverage the 61.5-day market time to negotiate terms below asking price, given that 86% of homes are not exceeding list values. Investors seeking cash flow over appreciation should focus on rental yield calculations rather than near-term equity gains, as the negative 1.8% annual change suggests capital appreciation has stalled. Sellers with flexible timelines can still transact at the $417,500 median, but those requiring quick exits face inventory absorption challenges.
The PropIQ score of 55 indicates caution, suggesting neither strong momentum nor severe distress but rather market uncertainty requiring active monitoring. The combination of negative price growth and below-average urgency metrics points to potential further softening if days on market extend beyond current levels. Buyers should track whether the 14% above-list ratio contracts further, which would confirm additional negotiating leverage in coming months.
What is the median home price in 85379 Phoenix?
The median sale price in 85379 is $418K, down -1.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Phoenix 85379?
Homes in 85379 Phoenix spend an average of 62 days on market before going under contract.
Is Phoenix 85379 a good place to invest in real estate?
Folio's PropIQ™ score for 85379 is 55/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 85379?
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 85379 Phoenix, Arizona.