85012 — Maricopa County, Arizona Market Snapshot
Housing market data for zip code 85012 in Maricopa County, Arizona. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$1,125,500
Days to Sell
54
Homes Sold
12
Inventory
21
Sale-to-List
92.9%
New Listings
21
Price/SqFt
$456
Pending Sales
15
Jumbo Loan Likely Needed
The median home in 85012 at $1,125,500 exceeds the 2026 conforming loan limit of $832,750 by $292,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
85012's market is balanced with homes taking an average of 54 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 85012 sells for 7.1% below asking price (92.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 85012 at $1,125,500 exceeds the 2026 conforming loan limit of $832,750 by $292,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 85012 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 85012
To purchase the median home at $1,125,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $8,773.
Monthly Payment
$8,773
Income Required
$375,995
Principal & Interest
$6,935/mo
Down Payment (5%)
$56,275
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 85012.
Estimated Monthly Payment
$7,115
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 85012.
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