85618
Phoenix, Arizona
Phoenix 85618 needs watching.
The 85618 ZIP code in Phoenix, Arizona has a median sale price of $57K, down -78.2% year-over-year. Homes spend an average of 229 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 85618.
The 85618 market has experienced severe price compression, with the median sale price declining to $57,000, representing a 78.2% year-over-year decrease. Properties are averaging 229 days on market, indicating extremely weak demand and buyer hesitation. Zero homes have sold above asking price, confirming a deeply distressed market where sellers hold no pricing power and transaction velocity has collapsed.
Value investors with cash positions and extended holding timelines may find entry points, though the 229-day marketing period indicates significant carrying costs and illiquidity risk. Sellers face unfavorable conditions with no upward pricing pressure and extended exposure periods. This environment suits contrarian buyers who can withstand continued depreciation and have capital reserves to manage properties through a protracted recovery cycle, not primary residence purchasers requiring stable valuations.
The PropIQ score of 41 signals persistent caution, suggesting underlying structural issues beyond normal cyclical corrections given the 78% price decline. Monitoring transaction volume trends and any reduction in the 229-day marketing period will indicate whether capitulation has occurred or further deterioration continues. The data suggests stabilization remains distant, and any recovery will require fundamental demand catalysts that current metrics do not yet reflect.
What is the median home price in 85618 Phoenix?
The median sale price in 85618 is $57K, down -78.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Phoenix 85618?
Homes in 85618 Phoenix spend an average of 229 days on market before going under contract.
Is Phoenix 85618 a good place to invest in real estate?
Folio's PropIQ™ score for 85618 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 85618?
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 41 = Caution in 85618 Phoenix, Arizona.