85051 Zip Code Real Estate Market Continues Upward Trend in Price Cuts

Sales in the 85051 zip code market rose to 50 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 61, which continues a solid upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price rose to $151,750, up from last week's $150,000. The rising sales and a low two months of inventory point to the 85051 zip code being a solid seller's market.

If you're trying to find a bargain, make sure you look into these homes in the 85051 zip code with recent price reductions:

$264K   $575K   $179K  

Get started right now by checking out 85051 homes for sale or reviewing 85051 real estate trends.

Demographic facts about the 85051 zip code:

  • The rating for this area for population growth is 77. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 246.2 physicians.
  • This area has a health cost index score of 102.1. (100 = national average)
  • The breakdown of residents commuting to work is 71.2% by car, 15.6% by carpool, and 5.1% by public transit.

Data reported through 10/12/2016

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