Desert Ridge, Phoenix, AZ—85024
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$490,000
1.6% YoY Growth
Household Income
$97,800
34.5% YoY Growth
Days on Market
46
15.0% Longer YoY
Home Price Forecast
-1.5%
Median Rent
$2,300
1.5% YoY Growth
1-Bed Rent
$1,350
16.4% YoY Growth
2-Bed Rent
$2,000
10.3% YoY Growth
3-Bed Rent
$2,300
0.4% YoY Growth
Home Price Trends — Desert Ridge, Phoenix, AZ
As of May '26, the median home price in Desert Ridge, Phoenix, AZ is $490,000, with a year-over-year change of -1.6%. This indicates that home prices in Desert Ridge, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $490,000 | -1.6% |
| Single Family | $504,000 | -1.2% |
| Condos | $317,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |