The story of this market
The typical home in ZIP 85022 sells for about $427,883, or $302 per square foot.
Prices are roughly flat from a year ago (-0.5%), a market in balance. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $1,400 a month.
ZIP 85022 — Phoenix
The 85022 housing market is currently balanced with a median sale price of $427,883. Market activity is stable with homes selling in a median of 51 days and a sale-to-list ratio of 99%. Several specific metrics such as price cut percentage and effective tax rate are not currently published at the ZIP level.
This area is suitable for a mix of residents including single adults and families, given its balanced market conditions and proximity to Phoenix employment centers.
Median prices moved down 0.5% year over year.
Homes spend a median of 51 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% 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 85022, 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 rental market in 85022 shows a median rent of $1,400 per month with a year-over-year increase of 3.02%.
Data retrieved from Census ACS and DHC tables.
- Great Wolf Lodge | Arizona4.211.3 mi
- Arizona Grand Resort & Spa4.318.3 mi
- Castles N' Coasters4.35.1 mi
- Hurricane Harbor Phoenix3.67.1 mi
- Dave & Buster's Tempe4.416.1 mi
- State Farm Stadium4.613.6 mi
- Desert Botanical Garden4.813.2 mi
- Chase Field4.612.6 mi
- Mortgage Matchup Center4.612.6 mi
- Casino Arizona4.115.6 mi
- Desert Diamond Casino - West Valley3.912.9 mi
- OdySea Aquarium4.511.6 mi
- Great Wolf Lodge | Arizona4.211.3 mi
- Musical Instrument Museum4.95.4 mi
- McCormick-Stillman Railroad Park4.810 mi
- Desert Botanical Garden4.813.2 mi
- Hole in the Rock4.713.5 mi
- Musical Instrument Museum4.95.4 mi
- McCormick-Stillman Railroad Park4.810 mi
- Phoenix Art Museum4.711.1 mi
- McCormick-Stillman Railroad Park4.810 mi
- Japanese Friendship Garden of Phoenix4.411.6 mi
- Butterfly Wonderland4.611.7 mi
- Echo Canyon Trailhead4.98.8 mi
- Steele Indian School Park4.68.8 mi
- Topgolf Scottsdale4.512.1 mi
- TPC Scottsdale PGA4.78.7 mi
- TPC Scottsdale Champions Course4.58.9 mi
- Grayhawk Golf Club4.610 mi
- Papago Golf Club4.312.8 mi
- Scottsdale Fashion Square4.611.4 mi
- Arrowhead Towne Center4.49.6 mi
- Desert Ridge Marketplace4.66 mi
- Scottsdale Quarter4.67.7 mi
- Phoenix Sky Harbor International Airport4.313.6 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%).