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Area data

Phoenix, AZ — ZIP 85008

Population: 59,716 (Census ACS)

Home values & appreciation

Median home value
$375,393
1-year appreciation
-1.0%
3-year appreciation
-2.2%
5-year appreciation
+7.9%
10-year appreciation
+113.8%
All-time peak (2022-07)
$423,982
House Price Index
567.6 (+0.5% YoY)

Market activity

Median sale price
$384,500
Median list price
$419,950
Median days on market
53.5 days
Sale-to-list ratio
96.8%
Active listings
139
1-year forecast
-1.3%
Days to pending
47 days
New listings (monthly)
28

Rents

Typical rent
$1,420/mo
1-year rent change
-1.3%
1BR fair-market rent
$1,410/mo
3BR fair-market rent
$2,190/mo

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%

Schools

Total schools
14
Elementary schools
8
Middle schools
2
High schools
1
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
hail, heatWave, inlandFlooding, strongWind, drought
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Annual precipitation
8.6 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
72
Days with Good air quality
41
Days with Unhealthy air quality
7

Walkability & transit

Walkability index
13.7 / 20
Transit service frequency
457

Amenities

National parks within ~60 mi
2
Nearest national park
Casa Grande Ruins National Monument (42 mi)
Nearest airport
Phoenix Sky Harbor International Airport (PHX) (2 mi)
Nearest major airport
Phoenix Sky Harbor International Airport (PHX) (2 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
3.0 / 5
EV charging stations (within 10 mi)
594
Solar radiation rating
Excellent (5.8 kWh/m²/day)

Migration

Net migration
+6,982 tax filers

Housing stock

Median year housing built
1,980
Median annual property tax
$1,322
Mean commute to work
20 min
Households with broadband internet
71.2%

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

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

Data last updated

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

Data compiled by REAIGENT7 — AI listing platform for real estate agents