85648 — Santa Cruz County, Arizona Market Snapshot
Housing market data for zip code 85648 in Santa Cruz County, Arizona. Updated monthly with median prices, days on market, and more.
Market Sales Data
99 sales in 2026 (year to date)
Median Sale Price
$282,000
Days to Sell
90
Homes Sold
99
Inventory
155
Sale-to-List
98.5%
New Listings
115
Price/SqFt
$179
Pending Sales
93
Conforming Loan Available
Most homebuyers in 85648 can comfortably use conventional financing. The median home price of $282,000 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
With homes sitting for 90 days on average, 85648 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 85648 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 85648 can comfortably use conventional financing. The median home price of $282,000 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 85648 are set at the county level.
2026 Loan Limits — Santa Cruz County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 85648
To purchase the median home at $282,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,311.
Monthly Payment
$2,311
Income Required
$99,025
Principal & Interest
$1,738/mo
Down Payment (5%)
$14,100
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 85648.
Estimated Monthly Payment
$1,895
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