85031 Housing Market

$315,894

6.1% 1-yr

The average 85031 home value is $315,894, down 6.1% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

85031 Key Takeaways

Typical Home Values: $315,894

1-year Value Change: -6.1%

(Data through January 31, 2026)

85031 Housing Market Overview

0.3%1-year Market Forecast(January 31, 2026)

51For sale inventory(January 31, 2026)

13New listings(January 31, 2026)

--Median sale to list ratio

--Median sale price(December 31, 2025)

$339,983Median list price(January 31, 2026)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
85019$320,008
85035$314,495
85033$319,174
85301$305,988
85017$297,182
85303$370,359
85015$331,142
85009$273,654
85043$364,401

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85031 Rental Market Trends

$1,315Average rent in 85031(January 31, 2026)

$1,895National average rent(January 31, 2026)

5.2%Month-over-month change(January 31, 2026)

2.0%Year-over-year change(January 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.