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market report · 85040
Phoenix, AZ · 85040
55 active listings$375,000 median ask$2,176 est. rent0.6% price/rent
$375,000
Median list price
$2,176/mo
Estimated rent
0.6%
Price / rent ratio
55
Listings
FHFA home price index · 2016–2025
164% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.47
Median rent / sqft
47 comps
$259.77
Median sold / sqft
47 comps
12.6
Walkability
very walkable
4.1%
Area unemployment
BLS LAUS
Median household income $60,727 · median home value $329,800 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 97).
24 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
4022 S 44th St, Phoenix, AZ 85040
Phoenix, AZ
$134,900$1,769/mo1.3%
4721 E Jones Ave, Phoenix, AZ 85040
Phoenix, AZ
$199,000$1,688/mo0.8%
1709 E Encinas Ln, Phoenix, AZ 85040
Phoenix, AZ
$359,000$2,783/mo0.8%
2234 E Wood St, Phoenix, AZ 85040
Phoenix, AZ
$220,000$1,686/mo0.8%
2367 E Huntington Dr, Phoenix, AZ 85040
Phoenix, AZ
$245,000$1,795/mo0.7%
4455 E Pueblo Ave, Phoenix, AZ 85040
Phoenix, AZ
$222,600$1,617/mo0.7%