85007 — Maricopa County, Arizona Market Snapshot
Housing market data for zip code 85007 in Maricopa County, Arizona. Updated monthly with median prices, days on market, and more.
Market Sales Data
29 sales in 2026 (year to date)
Median Sale Price
$625,000
Days to Sell
49
Homes Sold
29
Inventory
51
Sale-to-List
95.4%
New Listings
41
Price/SqFt
$369
Pending Sales
31
Conforming Loan Available
Most homebuyers in 85007 can comfortably use conventional financing. The median home price of $625,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
85007's market is balanced with homes taking an average of 49 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 85007 sells for 4.6% below asking price (95.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 85007 can comfortably use conventional financing. The median home price of $625,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 85007 are set at the county level.
2026 Loan Limits — Maricopa County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $557,750 |
| 2 Units | $1,066,250 | $714,000 |
| 3 Units | $1,288,800 | $863,100 |
| 4 Units | $1,601,750 | $1,072,600 |
Affordability Snapshot — Zip 85007
To purchase the median home at $625,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,939.
Monthly Payment
$4,939
Income Required
$211,652
Principal & Interest
$3,851/mo
Down Payment (5%)
$31,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 85007.
Estimated Monthly Payment
$4,018
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