dynamic.RE
dynamic.RELoading market data
Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −2.2% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +0.0% YoY, is the number to watch.
The median listing price is down 2.2% YoY while the median home got down 1.9% bigger, so value per square foot is up 0.6%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $381K purchase rents for $1,230/mo: 0.32% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 1 BR (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Rentals here take about 6 days longer to find a tenant than sales take to go under contract (median across 4 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Manufactured (sold here, not rented).
U.S. Census ACS characteristics for ZIP 85029 itself, not its parent county.
Renters hold 45.5% of this ZIP's 18,938 occupied households, on a median household income of $65K.
| Measure | ZIP 85029 | Maricopa County | Difference |
|---|---|---|---|
| Median Household Income | $65K | $89K | -$25K |
| Below Poverty Level | 17.8% | 11.0% | +6.8% |
| Median Age | 35.50 | 37.60 | -2.10 |
| Total Population | 49,683 | 4,559,748 | -- |
| Avg Household Size | 2.59 | 2.59 | 0.00 |
| Owner-Occupied | 54.5% | 65.2% | -10.7% |
| Worked From Home | 17.7% | 20.8% | -3.1% |
| Mean Commute | 27.40 | 26.00 | +1.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.5% to 4,559,748: residents under 18 are down 0.1% and those 65 and over are up 3.4%.
County median household income is $89K, 11.0% of residents are below the poverty level, 20.8% work from home.