The story of this market
The typical home in ZIP 85017 sells for about $300,000, or $255 per square foot.
Prices are down 4.5% from a year ago, which gives buyers more room to negotiate. Homes take about 392 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 85017 — Phoenix
The 85017 housing market is currently neutral with a median listing price of $300,000 and a year-over-year price decline of 4.5%. Market activity is characterized by a low inventory of 23 active listings and a high median days on market of 392 days. Several metrics, including specific school ratings and detailed tax history, were not determinable from current public records.
This ZIP is primarily suited for investors seeking rental yield opportunities and budget-conscious renters, given the lower median home values and high renter-occupancy rates.
Median prices moved down 4.5% year over year.
Homes spend a median of 392 days on market with 0.3 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% — a stable, low-distress profile.
ZCTA 85017, Maricopa County, AZ
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
The ZIP is centrally located in Phoenix with access to major highway corridors, facilitating commutes to the downtown employment core.
The area features local parks and proximity to urban shopping and dining districts within the Phoenix metropolitan area.
The rental market shows a median rent of $950/month with significant interest from short-term rental operators, where median revenue can reach $2,257/month.
The local economy is characterized by a mix of service and retail sectors, with an unemployment rate of 6.6%.
The area is served by the Phoenix regional transit network and major arterial roads connecting to the broader metropolitan area.
Data sourced from Data Commons and Census 2024 estimates.
- Great Wolf Lodge | Arizona4.213.7 mi
- Arizona Grand Resort & Spa4.313.2 mi
- Castles N' Coasters4.34 mi
- Hurricane Harbor Phoenix3.612.7 mi
- Golfland Sunsplash4.218.7 mi
- State Farm Stadium4.68 mi
- Desert Botanical Garden4.811 mi
- Chase Field4.65.8 mi
- Mortgage Matchup Center4.65.7 mi
- Casino Arizona4.114.4 mi
- Desert Botanical Garden4.811 mi
- Phoenix Zoo4.511.2 mi
- Desert Diamond Casino - West Valley3.98.2 mi
- Hole in the Rock4.711.1 mi
- Phoenix Art Museum4.74.4 mi
- Desert Botanical Garden4.811 mi
- Hole in the Rock4.711.1 mi
- Musical Instrument Museum4.913.6 mi
- McCormick-Stillman Railroad Park4.811.7 mi
- Phoenix Art Museum4.74.4 mi
- Desert Botanical Garden4.811 mi
- Papago Park4.711 mi
- Hole in the Rock4.711.1 mi
- McCormick-Stillman Railroad Park4.811.7 mi
- Dobbins Lookout4.812.3 mi
- Encanto Park4.63.3 mi
- Topgolf Glendale4.38.4 mi
- Papago Golf Club4.310.2 mi
- Grass Clippings Rolling Hills4.211.3 mi
- Raven Golf Club4.611.5 mi
- McCormick Ranch Golf Club3.912 mi
- Arizona Mills4.413 mi
- Scottsdale Fashion Square4.611.3 mi
- Arrowhead Towne Center4.410.6 mi
- Tanger Outlets Phoenix4.58.3 mi
- Desert Sky Mall46.3 mi
- Phoenix Sky Harbor International Airport4.38.6 mi
- Mesa Gateway Airport4.430.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.