85338 — Maricopa County, Arizona Market Snapshot
Housing market data for zip code 85338 in Maricopa County, Arizona. Updated monthly with median prices, days on market, and more.
Market Sales Data
441 sales in 2026 (year to date)
Median Sale Price
$461,119
Days to Sell
71
Homes Sold
441
Inventory
466
Sale-to-List
98.9%
New Listings
511
Price/SqFt
$230
Pending Sales
484
Conforming Loan Available
Most homebuyers in 85338 can comfortably use conventional financing. The median home price of $461,119 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 71 days on average, 85338 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 85338 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 85338 can comfortably use conventional financing. The median home price of $461,119 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 85338 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 85338
To purchase the median home at $461,119 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,683.
Monthly Payment
$3,683
Income Required
$157,841
Principal & Interest
$2,841/mo
Down Payment (5%)
$23,056
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 85338.
Estimated Monthly Payment
$3,004
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