Published October 18, 2026 in Market Update

One part of North Phoenix is moving much faster than the rest

By Vanessa Aragon

Real estate, North Phoenix

The Real Estate Data Aggregator counted 43.9% of homes in ZIP 85024 going under contract within two weeks, for the three months ending August 31, 2026. No other North Phoenix ZIP came close. If you own or want to buy there, the pace is real and the gap is wide.

The wider picture: more sellers than buyers

Redfin reported that Phoenix had 105.8% more sellers than buyers in September. That is a lot of supply. Yet 85024 is still moving fast. That tells you the market is not one thing across North Phoenix.

How fast is fast? ZIP 85024 vs. the rest

The Real Estate Data Aggregator put median days on market in 85024 at 33 days. That is 16 days shorter than a year before. Compare that with 85085, where the median was 84 days, 8 days longer than last year. One ZIP, one story. Another ZIP, a very different one.

Homes going under contract within two weeks

The Real Estate Data Aggregator shows 85024 at 43.9%, up 13.6 points from a year before. The next closest was 85028 at 34.7%. Then a step down to 85023 at 29.1% and 85022 at 29.3%. At the other end, 85085 was at 15.4%.

Prices are not all moving the same way either

The Real Estate Data Aggregator shows 85024 with a median sale price of $619,038, up 19.6% from a year before. That is the biggest price gain in North Phoenix. Meanwhile, 85028 saw its median drop 8.2% to $693,000, and 85022 dropped 8.1% to $444,750. Speed and price do not always move together.

Rates are adding pressure for everyone

Realtor.com reported mortgage rates topped 7% in September 2026. Redfin reported the weekly average hit 7.4% on October 8, a three-year high. Higher rates slow buyers down in most markets. That makes 85024's pace even more notable.

What this means for sellers in slower ZIPs

In 85085, the Real Estate Data Aggregator counted 84 median days on market and only 15.4% of homes going under contract within two weeks. Months of supply there was 3.8 months. Sellers in that ZIP should not expect 85024's pace. Pricing carefully from the start matters more when buyers have time to wait.

North Phoenix overall sold 1,096 homes in the three months ending August 31, 2026, up 2.8% from a year before, per the Real Estate Data Aggregator. New listings rose 7.5% to 1,277. More supply is coming in, which gives buyers more choices in most ZIPs.

One street can read very differently from the ZIP code around it. These numbers are a starting point, not the final word on your home.