85003

Each pin links to its listing. ZIP 85003 is highlighted — click a neighboring ZIP once to preview it, again to open its page.

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How active is the 85003 market?

ZIP code 85003 currently has 43 active listings, priced from $190K to $2.60M.

How much do homes cost in 85003?

The median home in ZIP code 85003 sold for $700,000 across 97 closed sales in the twelve months to August 2026. This is what buyers actually paid, not asking prices.

Is 85003 expensive?

Relative to the metro, yes. The median sale in ZIP code 85003 was $700,000, about 1.5x the $465,000 median across the 66,976 Phoenix-area sales in this dataset.

Is 85003 a buyer's or seller's market?

Homes in ZIP code 85003 closed at a median of 98.4% of their asking price and took 66 days to sell, against 98.8% and 73 days across the metro. That is close to the metro balance. Conditions move month to month, so read this as the trailing year rather than as today's market.

What is the price per square foot in 85003?

Homes in ZIP code 85003 sold for a median of $457 per square foot over the twelve months to August 2026.

How long do homes take to sell in 85003?

Half of the homes that sold in ZIP code 85003 were under contract within 66 days of listing — about typical for the Phoenix market. Measured from listing date to closing across 97 closed sales.

How much have home values in 85003 changed over five years?

The median sale price in ZIP code 85003 has risen 45.6% over five years, from $480,674 to $700,000. Both figures are medians of closed sales, five years apart.

What does it cost to rent in 85003?

The median lease in ZIP code 85003 closed at $2,125 a month across 68 leases in the twelve months to August 2026, about $1.81 per square foot.

Are there condos or townhomes in 85003?

Yes. 37% of homes sold in ZIP code 85003 were condos or townhomes (34% condos, 3% townhomes), with the remaining 63% detached houses.

Do homes in 85003 have pools?

Usually not — only 13% of homes sold in ZIP code 85003 had one.

Do homes in 85003 have HOAs?

37% of homes sold in ZIP code 85003 reported an HOA. Where there is one, the median fee reported at closing was $737.

What is the typical lot size in 85003?

The median lot in ZIP code 85003 is 0.16 acres, about 6,970 square feet.

How old are the homes in 85003?

The median home sold in ZIP code 85003 was built in 1948, making it about 78 years old.

How much do home prices vary within 85003?

Considerably. Across the neighborhoods in ZIP code 85003 with enough sales to measure, median prices run from roughly $580K to $1.0M. A single ZIP-wide median is a starting point rather than a guide to any particular street, so it is worth looking at comparable sales close to the address you are considering.

What city is 85003 in?

Every home sold in ZIP code 85003 over the past year carried a Phoenix address. Note that a mailing address is not the same as a city limit — check the parcel itself for jurisdiction, taxes and services.

What school district serves 85003?

Phoenix Elementary District serves most of ZIP code 85003 — it is the district listed on 93% of homes sold over the past year. The high school most often listed is Central High School. District boundaries do not follow ZIP boundaries, so confirm the assignment for a specific address before relying on it.

Is 85003 served by APS or SRP?

APS. Arizona Public Service's certificated service territory covers effectively all of ZIP code 85003. Service territory follows historical boundaries rather than ZIP codes, so check the address.

Is any part of 85003 in a flood zone?

Parts of it are, which is true of most of the Phoenix valley — the desert washes that carry monsoon runoff are mapped as high-hazard even where they cross otherwise dry ground. ZIP code 85003 contains FEMA zones AE, AE (Floodway). That says nothing about any particular house: most homes in these ZIPs sit outside the mapped areas. A lender will require flood insurance only if the property itself is inside one, so the check that matters is on the address, not the ZIP.

What ZIP codes border 85003?

ZIP code 85003 borders 85004, 85007, 85013, and 85040.