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Area data

Phoenix, AZ — ZIP 85037

Population: 54,608 (Census ACS)

Home values & appreciation

Median home value
$354,062
1-year appreciation
-1.9%
3-year appreciation
-1.6%
5-year appreciation
+14.2%
10-year appreciation
+116.7%
All-time peak (2022-07)
$400,757
House Price Index
567.6 (+0.5% YoY)

Market activity

Median sale price
$236,736
Median list price
$242,500
Median days on market
81.5 days
Sale-to-list ratio
98.1%
Active listings
4
1-year forecast
-1.2%
Days to pending
60 days
New listings (monthly)
47

Rents

Typical rent
$1,733/mo
1-year rent change
-0.9%
1BR fair-market rent
$1,630/mo
3BR fair-market rent
$2,520/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
11
Elementary schools
10
Middle schools
0
High schools
1
Charter schools
3

Natural hazards & flood risk

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

Climate (30-year normals)

Annual precipitation
7.3 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
13.0 / 20
Transit service frequency
895

Amenities

National parks within ~60 mi
1
Nearest national park
Casa Grande Ruins National Monument (54 mi)
Nearest airport
Glendale Municipal Airport (3 mi)
Nearest major airport
Luke Air Force Base (LUF) (7 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Excellent (5.8 kWh/m²/day)

Migration

Net migration
+6,982 tax filers

Housing stock

Median year housing built
1,994
Median annual property tax
$1,317
Mean commute to work
23 min
Households with broadband internet
73.9%

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