85123

Each pin links to its listing. ZIP 85123 is highlighted — click a neighboring ZIP once to preview it, again to open its page.

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How active is the 85123 market?

ZIP code 85123 currently has 130 active listings, priced from $75K to $650K.

How much do homes cost in 85123?

The median home in ZIP code 85123 sold for $252,500 across 427 closed sales in the twelve months to August 2026. This is what buyers actually paid, not asking prices.

Is 85123 expensive?

It is more affordable than the metro as a whole. The median sale in ZIP code 85123 was $252,500, against a $465,000 median across the 66,976 Phoenix-area sales in this dataset.

Is 85123 a buyer's or seller's market?

Homes in ZIP code 85123 closed at a median of 100.0% of their asking price and took 78 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 85123?

Homes in ZIP code 85123 sold for a median of $176 per square foot over the twelve months to August 2026.

How long do homes take to sell in 85123?

Half of the homes that sold in ZIP code 85123 were under contract within 78 days of listing — about typical for the Phoenix market. Measured from listing date to closing across 427 closed sales.

How much have home values in 85123 changed over five years?

The median sale price in ZIP code 85123 has risen 17.2% over five years, from $215,500 to $252,500. Both figures are medians of closed sales, five years apart.

What does it cost to rent in 85123?

The median lease in ZIP code 85123 closed at $1,400 a month across 62 leases in the twelve months to August 2026, about $1.05 per square foot.

Are there condos or townhomes in 85123?

ZIP code 85123 is almost entirely detached houses — 99% of what sold. Buyers looking for a condo or townhome here will find very little to choose from.

Do homes in 85123 have pools?

Usually not — only 4% of homes sold in ZIP code 85123 had one.

Do homes in 85123 have HOAs?

Often not — 2% of homes sold in ZIP code 85123 reported an HOA.

What is the typical lot size in 85123?

The median lot in ZIP code 85123 is 0.19 acres, about 8,276 square feet.

How old are the homes in 85123?

The median home sold in ZIP code 85123 was built in 2025, making it about 1 year old.

How much do home prices vary within 85123?

Considerably. Across the neighborhoods in ZIP code 85123 with enough sales to measure, median prices run from roughly $230K to $340K. 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 85123 in?

Every home sold in ZIP code 85123 over the past year carried an Arizona City 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 85123?

Toltec School District serves most of ZIP code 85123 — it is the district listed on 96% of homes sold over the past year. District boundaries do not follow ZIP boundaries, so confirm the assignment for a specific address before relying on it.

How much do manufactured homes cost in 85123?

Manufactured and mobile homes are a distinct market here, and ZIP code 85123 has a sizeable one: 3% of sales, at a median of $190,000 across 12 sales. Site-built homes are counted separately, at $252,500. The two are not directly comparable — many manufactured homes sit on leased land, so the price covers the home and not the ground under it.

Is 85123 served by APS or SRP?

Both, depending where. About 62% of ZIP code 85123 falls inside APS's certificated territory and the rest does not — the boundary runs through this ZIP rather than around it. Service territory follows historical boundaries rather than ZIP codes, so check the address.

Is any part of 85123 in a flood zone?

No. No Special Flood Hazard Area — the 1%-annual-chance zones that trigger a lender's flood insurance requirement — is mapped anywhere inside ZIP code 85123, which puts it among the minority of Phoenix-area ZIPs with none at all. FEMA revises these maps, so a purchase should still confirm the current determination for the address.

What ZIP codes border 85123?

ZIP code 85123 borders 85131 and 85193.