85224 Zip Code Real Estate Market Continues Weakening in Contracts

Sales fell in the 85224 zip code market to 47 homes sold over the last 30 days. It's also under an established downward trend in the number of contracts closing, with this week's number falling to 42. The median sales price dropped to $224,500, down from last week's $231,250. In spite of contracts trending lower, there are only three months of inventory available, which signals that the 85224 zip code is a still seller's market.

Still haven't found the right home in the 85224 zip code? One of these new listings could end the search:

$263K   $215K   $214K  

Get started right now by checking out 85224 homes for sale or reviewing 85224 real estate trends.

Demographic facts about the 85224 zip code:

  • The median value of all homes in the area is $114,100.
  • The area gets an average of 26 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 5.8%.
  • The student-to-teacher ratio is 18.0:1. (15.3:1 = national average)

Data reported through 10/12/2016

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