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Area data

Phoenix, AZ — ZIP 85024

Population: 26,199 (Census ACS)

Home values & appreciation

Median home value
$487,380
1-year appreciation
-1.1%
3-year appreciation
-0.7%
5-year appreciation
+13.7%
10-year appreciation
+85.1%
All-time peak (2022-07)
$538,219
House Price Index
567.6 (+0.5% YoY)

Market activity

Median sale price
$207,500
Median days on market
94 days
Sale-to-list ratio
99.1%
1-year forecast
-1.2%
Days to pending
38 days
New listings (monthly)
33

Rents

Typical rent
$1,897/mo
1-year rent change
+4.7%
1BR fair-market rent
$1,810/mo
3BR fair-market rent
$2,800/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
5
Elementary schools
2
Middle schools
1
High schools
2

Natural hazards & flood risk

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

Climate (30-year normals)

Annual precipitation
7.9 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
7.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Tonto National Monument (53 mi)
Nearest airport
14th Street Gliderfield (3 mi)
Nearest major airport
Phoenix Sky Harbor International Airport (PHX) (21 mi)
Hospitals nearby (~15 mi)
34
Avg hospital rating
3.1 / 5
EV charging stations (within 10 mi)
162
Solar radiation rating
Excellent (5.8 kWh/m²/day)

Migration

Net migration
+6,982 tax filers

Housing stock

Median year housing built
1,995
Median annual property tax
$2,061
Mean commute to work
18 min
Households with broadband internet
85.1%

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