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Sarah Mitchell
Compass Real Estate · ZIP 85365
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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85365 ZIP Code Housing Market
$352,425median sale price
What is the 85365 housing market like right now?
The median home sale price in ZIP code 85365 is $352,425, up 4.3% year-over-year. Homes sell in an average of 79 days with 277 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 85365 ZIP code a buyer's or seller's market?
ZIP code 85365 is currently a leaning buyer's and homes selling in about 79 days. How we determine this →
What are the latest 85365 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $352,425 |
| Median list price | $365,000 |
| Year-over-year price change | +4.3% |
| Average days on market | 79 days |
| Active inventory | 277 listings |
| Sale-to-list price ratio | 98.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 85365 zip code, located in Martinez Lake, AZ, is currently classified as a leaning buyer's. The median sale price stands at $352,425, representing a +4.3% change year over year. Homes in this area spend an average of 79 days on the market before going under contract. There are currently 277 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 85365 sits in the Martinez Lake, AZ area, roughly 20.9 miles from downtown Martinez Lake. Because home prices are set street by street, this ZIP can move differently from Martinez Lake's citywide averages. The figures below reflect 85365 specifically — drawn from Redfin transactions, U.S. Census data for its 54,775 residents, and Zillow value estimates.
Homes sold
149
Last 12 weeks
Days on market
79
Average pace
Active listings
277
Sale-to-list
98.9%
Below asking
What is driving the 85365 housing market?
The 85365 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 85365 have increased +4.3% compared to last year, suggesting continued demand and potential for further appreciation. 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 85365 stands at $329,470, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,731 per month. This gives a price-to-rent ratio of approximately 15.9, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 85365?
Population
54,775
Median income
$70,331/yr
Median age
35.6 years
Owner-occupied
79.1%
College grads
21.6%
Avg commute
17.96 min
What is it like living in 85365?
Zip code 85365 is home to approximately 54,775 residents. The median household income is $70,331 per year, which shapes the types of homes and amenities available in the area. With a median age of 35.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 79.1% 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 21.6% 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 17.96 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 85365.
Which public schools serve ZIP 85365?
10 schools tracked · 6,621 students
The largest public schools serving ZIP code 85365 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.
Gila Ridge High School
Grades 9-12 · 2,325 students
Castle Dome Middle School
Grades 6-8 · 917 students
Mary A Otondo Elementary School
Grades PK-5 · 829 students
Desert Mesa Elementary School
Grades PK-5 · 827 students
Dorothy Hall Elementary
Grades PK-5 · 561 students
Ron Watson Middle School
Grades 6-8 · 557 students
James B Rolle School
Grades PK-6 · 530 students
James D Price School
Grades PK-5 · 72 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 85365
What is the median home price in 85365?
The current median sale price in 85365 is $352,425, based on recent Redfin transaction data. Prices have changed +4.3% 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 85365 a buyer's or seller's market?
The 85365 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 85365?
Zip code 85365 has a population of approximately 54,775 residents. The median household income is $70,331 per year. About 79.1% 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 85365?
Properties Incorporated provides comprehensive data for 85365 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 85365 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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