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market report · 85048
Phoenix, AZ · 85048
39 active listings$585,000 median ask$2,849 est. rent0.5% price/rent
$585,000
Median list price
$2,849/mo
Estimated rent
0.5%
Price / rent ratio
39
Listings
FHFA home price index · 2016–2025
74.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.27
Median rent / sqft
36 comps
$297.42
Median sold / sqft
36 comps
10.7
Walkability
walkable
4.1%
Area unemployment
BLS LAUS
Median household income $122,833 · median home value $592,100 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 82).
14 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
3830 E Lakewood Pkwy, Phoenix, AZ 85048
Phoenix, AZ
$219,000$1,325/mo0.6%
4340 E Amber Ridge Way, Phoenix, AZ 85048
Phoenix, AZ
$405,000$2,378/mo0.6%
4337 E Windmere Dr, Phoenix, AZ 85048
Phoenix, AZ
$448,000$2,535/mo0.6%
4236 E Amberwood Dr, Phoenix, AZ 85048
Phoenix, AZ
$525,000$2,855/mo0.5%
2126 E Briarwood Ter, Phoenix, AZ 85048
Phoenix, AZ
$425,000$2,284/mo0.5%
4361 E Amber Ridge Way, Phoenix, AZ 85048
Phoenix, AZ
$535,000$2,843/mo0.5%