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A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already −19.9% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −11.9% YoY, is the number to watch.
The median listing price is down 19.9% YoY while the median home got down 18.7% bigger, so value per square foot is up 4.6%.
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 $681K purchase rents for $2,190/mo: 0.32% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 6 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 22 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold).
U.S. Census ACS characteristics for ZIP 85284 itself, not its parent county.
Renters hold 18.2% of this ZIP's 7,487 occupied households, on a median household income of $156K.
| Measure | ZIP 85284 | Maricopa County | Difference |
|---|---|---|---|
| Median Household Income | $156K | $89K | +$67K |
| Below Poverty Level | 2.8% | 11.0% | -8.2% |
| Median Age | 45.50 | 37.60 | +7.90 |
| Total Population | 19,492 | 4,559,748 | -- |
| Avg Household Size | 2.60 | 2.59 | +0.01 |
| Owner-Occupied | 81.8% | 65.2% | +16.6% |
| Worked From Home | 28.3% | 20.8% | +7.5% |
| Mean Commute | 21.30 | 26.00 | -4.70 |
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.