Phoenix Home Data
by Clifford Wong · CliffordSellsAZ Phoenix overview cliffordsellsaz.com

Phoenix, Arizona · ZIP 85016

ZIP 85016 home prices in Phoenix

Name: ZIP 85016 (Phoenix, AZ) housing market data
Creator: Clifford Wong

How 85016 compares within Phoenix. Every number from recorded sales, not sentiment.

85016: $815K median, 50 days to sell.

Across Phoenix, the median is $492K at $282 per square foot. ZIP 85016 runs about 51% above the Phoenix average, at $815K and $427 per square foot.

$815K

Median sold

$427

Per sqft

50 days

On market

96.3%

Sold to list

Over list

70 closed single-family sales in 85016, May to July 2026. ARMLS data.

What sold in 85016 recently

Bedroom mix of the 70 homes that closed in May to July 2026.

CLIFFORDSELLSAZ

2 beds or fewer16%

3 bedrooms57%

4 bedrooms23%

5+ bedrooms4%

ZIP 85016 price history vs Phoenix

ZIP 85016Phoenix overall

Median sold price per square foot by month, 3-month smoothed, ZIP 85016 against Phoenix overall. ARMLS single-family sales.

Neighborhood profile: 85016

Who provides the power, how common HOAs are, the assigned schools, and what the homes come with. From ARMLS listing data.

Assigned schoolsElementary: Madison Elementary, Madison Camelview · Middle: Madison Park, Madison #1 Middle · High: Camelback High sch, North. Look up ratings at Arizona's school report cards.

HOA22% of homes are in an HOA (median $402/mo).

Electric utilitySRP (75%) territory.

Water & sewer100% on city water.

Homes & amenities37% have a private pool, 16% gated, 7% on a golf course.

Flood zone2% of homes noted in a flood zone.

Communities within 85016

One ZIP can hold very different neighborhoods. These are the most active by recent sales, from brand-new gated builds to established non-HOA streets.

Community	Median	Built	HOA dues
Colony Biltmore 4 Gated, Golf	$1.28M	1980	$402/mo
Cloisters Gated	$1.50M	1979	$448/mo
Cavalier Villa 1	$525K	1953	none
Peters View Tract 2	$565K	1948	none
Woodland Park	$859K	1969	$275/mo
Olive Manors	$466K	1950	none
Cavalier Campus	$560K	1955	none
Phoenix Homesteads Tract	$572K	1945	none

Common questions about 85016

What is the median home price in ZIP 85016 (Phoenix, AZ)?

The median sold price in 85016 is $815K, about $427 per square foot, from 70 closed single-family sales in May to July 2026 (ARMLS).

Is ZIP 85016 more or less expensive than the rest of Phoenix?

ZIP 85016 is about 51% above the Phoenix average. Phoenix's median is $282 per square foot; 85016 is $427.

Is 85016 affordable for a first-time buyer?

Entry-level homes in 85016 (around the 25th percentile) start near $545,000, about $340 per square foot. The median is $815K.

How fast do homes sell in 85016?

Homes in 85016 took a median 50 days to sell in May to July 2026, closing at 96.3% of list price, with 6% going over asking.

What does the high end of 85016 cost?

The top of the 85016 market (90th percentile) runs about $646 per square foot, versus a 85016 median of $427.

What kind of homes sell in 85016?

3-bedroom homes are the most common in 85016, making up 57% of recent sales.

Want the complete report for 85016 with price tiers, a boundary map, and the full 26-year history? See the metro-wide 85016 market report.

Other Phoenix ZIP codes

85032 85037 85041 85018 85085 85044 85022 85050 85086 85024 85048

Thinking about a move in 85016?

Leave a way to reach you and I will send a street-level breakdown of what your home would bring in this market.

Clifford Wong · CliffordSellsAZ

CliffordSellsAZ

CliffordSellsAZ · v1.1 · Data through July 2026 · Updated August 1, 2026

Other Valley markets Paradise Valley · Casa Grande · Queen Creek · Scottsdale · Tempe

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Source: ARMLS sold records, Jan 2000 to July 2026. Analysis window May to July 2026. Statistics reflect recorded single-family sales tagged to ZIP 85016 in Phoenix and may lag the market by up to one month. Not an appraisal and not investment advice. Clifford Wong, CliffordSellsAZ. Generated August 2026.