85248 — Maricopa County, Arizona Market Snapshot
Housing market data for zip code 85248 in Maricopa County, Arizona. Updated monthly with median prices, days on market, and more.
Market Sales Data
232 sales in 2026 (year to date)
Median Sale Price
$542,500
Days to Sell
60
Homes Sold
232
Inventory
202
Sale-to-List
97.3%
New Listings
222
Price/SqFt
$267
Pending Sales
259
Conforming Loan Available
Most homebuyers in 85248 can comfortably use conventional financing. The median home price of $542,500 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 60 days on average, 85248 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
The average home in 85248 sells for 2.7% below asking price (97.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 85248 can comfortably use conventional financing. The median home price of $542,500 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 85248 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 85248
To purchase the median home at $542,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,306.
Monthly Payment
$4,306
Income Required
$184,563
Principal & Interest
$3,343/mo
Down Payment (5%)
$27,125
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 85248.
Estimated Monthly Payment
$3,507
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