Home Values

85140 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$163,500

  • 4.0% 1-year change
  • 4.6% 1-year forecast

The median home value in 85140 is $163,500. 85140 home values have gone up 4.0% over the past year and Zillow predicts they will rise 4.6% within the next year. The median list price per square foot in 85140 is $98, which is lower than the Gold Canyon average of $157. The median price of homes currently listed in 85140 is $213,055 while the median price of homes that sold is $166,750. The median rent price in 85140 is $995, which is lower than the Gold Canyon median of $1,195.

Foreclosures will be a factor impacting home values in the next several years. In 85140 3.4 homes are foreclosed (per 10,000). This is greater than the Gold Canyon value of 1.8 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 85140 is 3.2%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 85140 homeowners underwater on their mortgage is 23.5%, which is higher than Gold Canyon at 11.3%.

Read more
Relative ZHVI
- +

85140 Market Overview

Data through Jan 31, 2015
  • $163,500 ZHVI
  • 4.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $213,055 Median listing price
  • $166,750 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

85140 Market Health

Data through Jan 31, 2015
  • 3.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 23.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.4 homes 85140
1.8 homes Gold Canyon
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI
85298 $321,800
85212 $251,200
85142 $221,600
Name Median ZHVI
85209 $219,600
85119 $193,600
85208 $166,900
Name Median ZHVI
85220 $162,200
85143 $159,200
85120 $130,400

Listings & Sales

Data through Jan 31, 2015
  • $98 Median list price / sq ft
  • $86 Median sale price / sq ft
  • No data Listings with price cut
20.2%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

85140 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $977 85140
    $1,170 Gold Canyon
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $995 Rent list price
  • $0.51 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading