SIALIMStatistical Intelligence for America's Local Investment Markets

85032Phoenix, AZ Home Values

Typical home value $456,611 as of June 2026 · 64th of 149 in Phoenix-Mesa-Chandler, AZ

Typical value — June 2026
$456,611
observed, not a forecast
Past 12 months
-0.1%
trailing year-over-year change
Past 5 years
+18.3%
June 2021 to June 2026
Rank in metro
64th
of 149 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 85032, June 2021 to June 2026. This page shows observed data only; no forecast.

How 85032 compares in the Phoenix-Mesa-Chandler, AZ area

ZIP code 85032 (Phoenix, AZ) has a typical home value of $456,611 as of June 2026, ranking 64th of 149 ZIP codes tracked in the Phoenix-Mesa-Chandler, AZ area, more expensive than about 58% of ZIP codes in the metro. Prices here have moved -0.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +18.3%, from $386,018 in June 2021 to $456,611 in June 2026. Against observed rent, the typical home here sells for 23.2× the annual rent ($1,639/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Phoenix.

Population and demographics

ZIP code 85032 has a population of 70,447, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 58.9% White, 28.9% Hispanic or Latino, 3.6% Black or African American, 3.6% two or more races, 3.4% Asian, 1.1% American Indian or Alaska Native, 0.4% Native Hawaiian or Pacific Islander, and 0.3% another race.

Nearby public schools

SchoolAddressDistance
Freedom Academy3916 E PARADISE LN, PHOENIX, AZ0.6 mi
Benchmark School4120 E ACOMA DR, PHOENIX, AZ0.7 mi
pvONLINE15002 N 32ND ST, PHOENIX, AZ0.7 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 85032?

$456,611 as of June 2026, the latest month Zillow has published observed data for.

Is 85032 an expensive ZIP code in the Phoenix-Mesa-Chandler, AZ area?

85032 ranks 64th of 149 ZIP codes in the Phoenix-Mesa-Chandler, AZ area by typical home value, more expensive than about 58% of ZIP codes in the metro.

How much have home values in 85032 changed over the past year?

-0.1% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 85032?

The typical home price is 23.2× the observed annual rent in this ZIP code ($1,639/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 85032?

70,447, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 85032?

Freedom Academy (0.6 mi), Benchmark School (0.7 mi), pvONLINE (0.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 85032?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.