85298 — Maricopa County, Arizona Market Snapshot
Housing market data for zip code 85298 in Maricopa County, Arizona. Updated monthly with median prices, days on market, and more.
Market Sales Data
188 sales in 2026 (year to date)
Median Sale Price
$699,000
Days to Sell
55
Homes Sold
188
Inventory
234
Sale-to-List
98.1%
New Listings
272
Price/SqFt
$294
Pending Sales
223
Conforming Loan Available
The median home in 85298 at $699,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
85298's market is balanced with homes taking an average of 55 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 85298 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 85298 at $699,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 85298 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 85298
To purchase the median home at $699,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,506.
Monthly Payment
$5,506
Income Required
$235,951
Principal & Interest
$4,307/mo
Down Payment (5%)
$34,950
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 85298.
Estimated Monthly Payment
$4,476
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