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Area data

Phoenix, AZ — ZIP 85007

Population: 13,575 (Census ACS)

The median home value in ZIP 85007 (Phoenix, AZ) is $406,748 — down 3.6% over the past year. Homes sell for a median $595,000 after a median 96.5 days on market. Typical rent runs $1,392/month. 6 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very High, with hail, heatwave, inlandflooding the top-rated hazards. Cost of living is 0.6% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$406,748

Median home value

-3.6%

1-year change

96.5

Median days on market

Very High

Hazard risk (county)

Home values & appreciation

Median home value
$406,748
1-year appreciation
-3.6%
3-year appreciation
-3.8%
5-year appreciation
+8.3%
10-year appreciation
+98.4%
All-time peak (2022-07)
$454,254
House Price Index (state)
567.6 (+0.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$595,000
Median list price
$537,000
1-year sale-price change
+48.8%
Median days on market
96.5 days
Homes sold (recent period)
4
For-sale inventory
58
Sale-to-list ratio
93.9%
Active listings
16
1-year forecast
-1.2%
New listings (monthly)
9

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,392/mo
1-year rent change
+0.7%
Studio fair-market rent
$1,190/mo
1BR fair-market rent
$1,300/mo
2BR fair-market rent
$1,530/mo
3BR fair-market rent
$2,070/mo
4BR fair-market rent
$2,350/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.6 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$18.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
6
Elementary schools
3
Middle schools
0
High schools
3
Charter schools
2
School districts serving the area
Metropolitan Arts Institute Inc. (5181), Arizona Agribusiness & Equine Center Inc. (90779), Phoenix Elementary District (4256)
Schools include
Metropolitan Arts Institute, Arizona Agribusiness & Equine Center - Estrella, Mary Mcleod Bethune School, Paul Dunbar Lawrence School, Capitol Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very High
Top hazards (county)
hail, heatWave, inlandFlooding, strongWind, drought
Notable hazard ratings (county)
drought: Relatively High · earthquake: Relatively Moderate · hail: Very High · heatWave: Very High · inlandFlooding: Very High · landslide: Relatively Low
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 79% of US counties
Buildings in wildfire direct-exposure zone
13.2%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Motorola, Inc. (52nd Street Plant) (7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
74.0°F
Average high
86.0°F
Average low
62.0°F
Annual precipitation
11.2 in
USDA plant hardiness zone
10a (extreme annual low 30 to 35°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
72
Days with Good air quality
41
Days with Moderate air quality
256
Days with Unhealthy air quality
7
Highest AQI recorded (year)
183

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
13.7 / 20
Transit service frequency
416
Jobs reachable by car (30 min)
248,895
Jobs reachable by transit (45 min)
147,333

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Casa Grande Ruins National Monument (45 mi)
National parks include
Casa Grande Ruins National Monument, Tonto National Monument
Airports within 30 mi
26
Nearest airport
Phoenix Sky Harbor International Airport (PHX) (5 mi)
Nearest major airport
Phoenix Sky Harbor International Airport (PHX) (5 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
HAVEN BEHAVIORAL HOSPITAL OF PHOENIX
EV charging stations (within 10 mi)
405
Solar radiation rating
Excellent (5.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+6,982 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,960
Housing built before 1970
62.3%
Housing built 2000 or later
13.0%
Median annual property tax
$1,878
Mean commute to work
19 min
Households with broadband internet
65.7%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,020,817
Average weekly wage
$1,347
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
21,487

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 85007State medianUS median
Median home value$406,748$392,647$289,727
Median sale price$595,000$379,000$325,000
Median days on market97 days65 days51 days
Typical rent$1,392/mo$1,713/mo$1,808/mo
Median annual property tax$1,878$1,519$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 85007?
$406,748.
What is the median sale price in ZIP 85007?
$595,000.
How long do homes take to sell in ZIP 85007?
Median days on market: 96.5 days.
What is typical rent in ZIP 85007?
Typical rent: $1,392/month.
What is the natural-hazard risk in ZIP 85007?
Overall risk: Very High (FEMA NRI, county-level). Top hazards: hail, heatWave, inlandFlooding, strongWind, drought.
Is ZIP 85007 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 85007?
Risk to homes is higher than 79% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 85007?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 85007?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 85007?
6 schools (3 elementary, 3 high) (NCES, 2022-23).
Is ZIP 85007 walkable?
Walkability index: 13.7/20 (EPA Smart Location Database).
What is the air quality in ZIP 85007?
Moderate. Median AQI: 72. (EPA AQI).
What is the cost of living in ZIP 85007?
Regional Price Parity: 100.6 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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