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Sarah Mitchell
Compass Real Estate · ZIP 85338
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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85338 ZIP Code Housing Market
$460,560median sale price
What is the 85338 housing market like right now?
The median home sale price in ZIP code 85338 is $460,560, down 0.2% year-over-year. Homes sell in an average of 71 days with 473 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 85338 ZIP code a buyer's or seller's market?
ZIP code 85338 is currently a leaning buyer's and homes selling in about 71 days. How we determine this →
What are the latest 85338 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $460,560 |
| Median list price | $467,995 |
| Year-over-year price change | -0.2% |
| Average days on market | 71 days |
| Active inventory | 473 listings |
| Sale-to-list price ratio | 98.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 85338 zip code, located in Avondale, AZ, is currently classified as a leaning buyer's. The median sale price stands at $460,560, representing a -0.2% change year over year. Homes in this area spend an average of 71 days on the market before going under contract. There are currently 473 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 85338 sits in the Avondale, AZ area, roughly 6.3 miles from downtown Avondale. Because home prices are set street by street, this ZIP can move differently from Avondale's citywide averages. The figures below reflect 85338 specifically — drawn from Redfin transactions, U.S. Census data for its 67,451 residents, and Zillow value estimates.
Homes sold
442
Last 12 weeks
Days on market
71
Average pace
Active listings
473
Sale-to-list
98.9%
Below asking
What is driving the 85338 housing market?
The 85338 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 98.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 85338 have declined -0.2% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 85338 stands at $437,058, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,696 per month. This gives a price-to-rent ratio of approximately 21.5, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 85338?
Population
67,451
Median income
$101,744/yr
Median age
39.2 years
Owner-occupied
77.3%
College grads
33.2%
Avg commute
32.97 min
What is it like living in 85338?
Zip code 85338 is home to approximately 67,451 residents. The median household income is $101,744 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 77.3% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 33.2% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 32.97 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 85338.
Which public schools serve ZIP 85338?
20 schools tracked · 13,358 students
The largest public schools serving ZIP code 85338 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Desert Edge High School
Grades 9-12 · 2,051 students
Estrella Foothills High School
Grades 9-12 · 1,461 students
Copper Trails
Grades PK-8 · 1,016 students
Desert Thunder
Grades PK-8 · 946 students
Western Sky Middle School
Grades 5-8 · 936 students
Westar Elementary School
Grades PK-8 · 791 students
Wildflower Accelerated Academy
Grades PK-8 · 708 students
BASIS Goodyear Primary
Grades K-5 · 683 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 85338
What is the median home price in 85338?
The current median sale price in 85338 is $460,560, based on recent Redfin transaction data. Prices have changed -0.2% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 85338 a buyer's or seller's market?
The 85338 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 85338?
Zip code 85338 has a population of approximately 67,451 residents. The median household income is $101,744 per year. About 77.3% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 85338?
Properties Incorporated provides comprehensive data for 85338 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 85338 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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