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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −4.5% YoY. inventory, +10.0% YoY, is the number to watch.
The median listing price is down 4.5% YoY while the median home got down 6.7% bigger, so value per square foot is up 2.7%.
U.S. Census ACS characteristics for ZIP 85048 itself, not its parent county.
Renters hold 24.6% of this ZIP's 13,460 occupied households, on a median household income of $123K.
| Measure | ZIP 85048 | Maricopa County | Difference |
|---|---|---|---|
| Median Household Income | $123K | $89K | +$34K |
| Below Poverty Level | 4.5% | 11.0% | -6.5% |
| Median Age | 42.30 | 37.60 | +4.70 |
| Total Population | 34,664 | 4,559,748 | -- |
| Avg Household Size | 2.56 | 2.59 | -0.03 |
| Owner-Occupied | 75.4% | 65.2% | +10.2% |
| Worked From Home | 28.9% | 20.8% | +8.1% |
| Mean Commute | 22.80 | 26.00 | -3.20 |
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.