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Sarah Mitchell

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Compass Real Estate · ZIP 85365

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 85365(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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85365 ZIP Code Housing Market

Leaning buyer's+4.3% YoY

$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?

Leaning buyer's79 avg. days on 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?

Current housing market statistics for ZIP code 85365
MetricValue
Median sale price$352,425
Median list price$365,000
Year-over-year price change+4.3%
Average days on market79 days
Active inventory277 listings
Sale-to-list price ratio98.9%
Market conditionLeaning 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

Public

Castle Dome Middle School

Grades 6-8 · 917 students

Public

Mary A Otondo Elementary School

Grades PK-5 · 829 students

Public

Desert Mesa Elementary School

Grades PK-5 · 827 students

Public

Dorothy Hall Elementary

Grades PK-5 · 561 students

Public

Ron Watson Middle School

Grades 6-8 · 557 students

Public

James B Rolle School

Grades PK-6 · 530 students

Public

James D Price School

Grades PK-5 · 72 students

Public

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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