Updated May 2026 · Redfin · 3-month window
85037 Real Estate Market Update: Phoenix, AZ, May 2026
The latest housing-market numbers for ZIP code 85037 in Phoenix, Arizona, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $385K | ▲ +1.6% | ▲ +0.3% |
| Days on market | 64 | ▲ +2.4% | ▲ +13.4% |
| Homes for sale | 118 | ▼ -16.3% | ▼ -9.2% |
| Sale-to-list | 98.5% | ▲ +0.1% | ▼ -0.4% |
| Homes sold | 141 | ▲ +10.2% | ▲ +54.9% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 85037 numbers say
The 85037 ZIP in Phoenix is leveling off. The median sale price is $385,000, roughly flat year over year. The market has loosened: a typical listing now takes around 64 days to go under contract, with sellers getting 98.5% of list price.
Based on 141 recent sales, 85037 is currently an active market.
What this means if you sell in 85037
Use these figures to set expectations early. Lead a listing appointment with the median price and the 64-day pace, show the year-over-year direction, and frame 85037 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Phoenix post →Frequently asked: the 85037 housing market
- What is the median home price in ZIP 85037 (Phoenix, AZ)?
- As of May 2026, the median sale price in ZIP 85037 is $385,000 (+0.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 85037 a buyer's or seller's market right now?
- ZIP 85037 is currently an active market, based on a 98.5% sale-to-list ratio, about 64 days on market for May 2026.
- How long do homes take to sell in ZIP 85037?
- A typical listing in 85037 goes under contract in about 64 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 85037 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.