The story of this market
The typical home in ZIP 85034 sells for about $330,000, or $332 per square foot.
Prices are down 9.1% from a year ago, which gives buyers more room to negotiate. Homes take about 114 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,300 a month.
ZIP 85034 — Phoenix
The housing market in 85034 is currently experiencing downward pressure, with a significant year-over-year decline in median prices and a low sale-to-list ratio. High days on market and limited inventory suggest a cooling environment for sellers in this central Phoenix area.
This ZIP is suitable for investors and buyers looking for proximity to downtown Phoenix and sports venues, often in up-and-coming or industrial-adjacent neighborhoods.
Median prices moved down 9.1% year over year.
Homes spend a median of 114 days on market with 0.0 months of supply — a slower-moving market.
5% of listings have cut prices · homes sell at 89.6% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 20.0% — a mixed stability profile.
ZCTA 85034, Maricopa County AZ
The area is characterized by proximity to downtown Phoenix and sports arenas, with ongoing interest in industrial and mixed-use redevelopment.
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.
Located in central Phoenix, this ZIP offers immediate access to major highway corridors and downtown employment centers.
The area provides proximity to downtown Phoenix sports arenas, entertainment venues, and urban shopping districts.
The rental market is characterized by a median asking rent of $1,300, with demand influenced by its central location and proximity to downtown.
The local economy is driven by its central location in Phoenix, with proximity to downtown employment hubs, industrial zones, and sports/entertainment infrastructure.
Data retrieved from US Census Bureau ZCTA profiles.
- Great Wolf Lodge | Arizona4.210.3 mi
- Arizona Grand Resort & Spa4.35.2 mi
- Castles N' Coasters4.310.9 mi
- Hurricane Harbor Phoenix3.619.4 mi
- Golfland Sunsplash4.211 mi
- State Farm Stadium4.615.4 mi
- Desert Botanical Garden4.84.5 mi
- Chase Field4.62.9 mi
- Mortgage Matchup Center4.63.1 mi
- Casino Arizona4.17.7 mi
- Desert Botanical Garden4.84.5 mi
- Phoenix Zoo4.54.2 mi
- Casino Arizona4.17.7 mi
- OdySea Aquarium4.511.4 mi
- Great Wolf Lodge | Arizona4.210.3 mi
- Desert Botanical Garden4.84.5 mi
- Hole in the Rock4.74.4 mi
- Musical Instrument Museum4.916 mi
- McCormick-Stillman Railroad Park4.88.7 mi
- Phoenix Art Museum4.73.7 mi
- Desert Botanical Garden4.84.5 mi
- Papago Park4.74.1 mi
- Hole in the Rock4.74.4 mi
- McCormick-Stillman Railroad Park4.88.7 mi
- Dobbins Lookout4.86.8 mi
- Arizona Grand Resort & Spa4.35.2 mi
- Topgolf Scottsdale4.510.8 mi
- Papago Golf Club4.33.7 mi
- Dobson Ranch Golf Course4.69.2 mi
- Grass Clippings Rolling Hills4.24 mi
- Arizona Mills4.44.9 mi
- Scottsdale Fashion Square4.66.8 mi
- Chandler Fashion Center4.511.7 mi
- Tempe Marketplace4.66.7 mi
- Phoenix Premium Outlets4.510.7 mi
- Phoenix Sky Harbor International Airport4.30.5 mi
- Mesa Gateway Airport4.422.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major hub for sports arenas, dining, and cultural activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.