The story of this market
The typical home in ZIP 85018 sells for about $1,400,000, or $498 per square foot.
Prices are up +26.5% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,760 a month.
ZIP 85018 — Phoenix
The 85018 housing market is experiencing significant price appreciation with a median sale price of $1.4M, reflecting a 26.5% year-over-year increase. While inventory remains tight, the market is currently characterized as a slight seller's market with 3.8 months of supply. Several metrics, including median asking rent and specific tax data, are not currently published at the ZIP level.
Median prices moved up 26.5% year over year.
Homes spend a median of 56 days on market with 3.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 85018
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.
Data sourced from Census Bureau and Data Commons
- Great Wolf Lodge | Arizona4.25.4 mi
- Arizona Grand Resort & Spa4.38.5 mi
- Castles N' Coasters4.310.3 mi
- Hurricane Harbor Phoenix3.617.5 mi
- Golfland Sunsplash4.210.5 mi
- State Farm Stadium4.617.3 mi
- Desert Botanical Garden4.82.6 mi
- Chase Field4.66.9 mi
- Mortgage Matchup Center4.67.1 mi
- Casino Arizona4.15.4 mi
- Desert Botanical Garden4.82.6 mi
- Phoenix Zoo4.53.3 mi
- Casino Arizona4.15.4 mi
- OdySea Aquarium4.56.4 mi
- Great Wolf Lodge | Arizona4.25.4 mi
- Desert Botanical Garden4.82.6 mi
- Hole in the Rock4.73 mi
- Musical Instrument Museum4.911.9 mi
- McCormick-Stillman Railroad Park4.83.7 mi
- Phoenix Art Museum4.76.6 mi
- Desert Botanical Garden4.82.6 mi
- Papago Park4.73.1 mi
- Hole in the Rock4.73 mi
- McCormick-Stillman Railroad Park4.83.7 mi
- Dobbins Lookout4.811.8 mi
- Arizona Grand Resort & Spa4.38.5 mi
- Topgolf Scottsdale4.55.9 mi
- TPC Scottsdale PGA4.710.5 mi
- TPC Scottsdale Champions Course4.510.4 mi
- Papago Golf Club4.32.4 mi
- Arizona Mills4.47.8 mi
- Scottsdale Fashion Square4.62.1 mi
- Tempe Marketplace4.65.6 mi
- Desert Ridge Marketplace4.612.4 mi
- Phoenix Sky Harbor International Airport4.35 mi
- Mesa Gateway Airport4.422 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: median price corroborated by the published ten-year series (2025) (within 12.5%).