Home Sales Numbers Rise in 85040 Zip Code Real Estate Market

Over the last 30 days, the 85040 zip code market looked solid with 26 homes sold. It marks a 13.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. At the same time, the 85048 zip code reported 66 home sales, the highest number from all the surrounding zip codes. A months of inventory number of two reported this week continued a four-week downward trend. The rise in sales and low inventory point to the 85040 zip code being a solid seller's market.

Want a more traditional home in the 85040 zip code? Then start your search with these listings that were built before most others in the market:

$116K   $725K   $329K  

Get started right now by checking out 85040 homes for sale or reviewing 85040 real estate trends.

Demographic facts for the 85040 zip code:

  • The average age of the population is 27 years old.
  • The health cost index score in this area is 102.1. (100 = national average)
  • The area's commuter length breakdown is: <15 min (27.5%), 15-29 min (39.9%), 30-44 min (20.1%), 45-59 min (4.1%), >60 min (8.5%).

Data reported through 10/12/2016

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