Maryvale, Phoenix, AZ—85031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Maryvale, Phoenix, AZ
As of Oct '25, the median home price in Maryvale, Phoenix, AZ is $320,000, with a year-over-year change of -7.1%. This indicates that home prices in Maryvale, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | -7.1% |
| Single Family | $322,000 | -7.2% |
| Condos | $130,000 | -9.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | -14.2% |
3 Bed | $318,000 | -6.5% |
4 Bed | $342,000 | -5.5% |
| 5 Bed | $362,000 | -4.5% |
% of Housing Stock
Rental Trends — Maryvale, Phoenix, AZ
As of July '25, Rentcast reports the average rent in Maryvale, Phoenix, AZ is $1,330, with a year-over-year rent change of -17.9%. Per bedroom, the median rent as of July '25 in Maryvale, Phoenix, AZ is studios: $702, 1-bedrooms: $828, 2-bedrooms: $1,180, 3-bedrooms: $1,840, 4-bedrooms: $1,880. The most common rental property sizes in Maryvale, Phoenix, AZ are 3-bedroom and 1-bedroom, accounting for 27.3% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,330 |
| Studio Rent | $695 | $702 |
| 1 Bed Rent | $800 | $828 |
| 2 Bed Rent | $1,250 | $1,180 |
| 3 Bed Rent | $1,800 | $1,840 |
| 4 Bed Rent | $1,860 | $1,880 |
% of Rental Stock
Property Listings — Maryvale, Phoenix, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Maryvale, Phoenix, AZ is 75. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $343,000 | 3.0% |
Listing Count | 50 | 47.0% |
| Listings as % of Homes | 0.4% | 47.0% |
Days on Market | 75 | 41.0% |
Demographics — Maryvale, Phoenix, AZ
As of the latest ACS Survey released in 2023, Maryvale, Phoenix, AZ has a population of 30,700, which has decreased by -6.3% over the past 5 years. Maryvale, Phoenix, AZ is a popular place for families, as children make up 29.3% of the population. The area has a poorly educated workforce, with 7.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,700 | -6.3% |
% Under 18 | 29.3% | -15.1% |
% Seniors | 9.5% | 35.7% |
% WFH | 4.7% | 370.0% |
% w/ College Degree | 7.7% | 113.9% |
As of the latest ACS Survey released in 2023, Maryvale, Phoenix, AZ is a predominantly hispanic area, with 79.2% of the population identifying as hispanic. The hispanic population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Maryvale, Phoenix, AZ is white, making up 12.8% of the population. Foreign-born residents account for 30.4% of the population in Maryvale, Phoenix, AZ, and this percentage has decreased by 1.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 12.8% | 11.3% |
% Black | 4.9% | 11.4% |
% Hispanic | 79.2% | -4.2% |
% Asian | 0.5% | 0.0% |
% Foreign Born | 30.4% | -1.6% |
Mortgage and Risk — Maryvale, Phoenix, AZ
According to HUD data as of 2023, there were 249 mortgage originations in Maryvale, Phoenix, AZ, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Maryvale, Phoenix, AZ. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 249 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Maryvale, Phoenix, AZ
As of 2024, the percent of homes in Maryvale, Phoenix, AZ under the Section 8 program is 7.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Maryvale, Phoenix, AZ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 335 |
Total Units Section 8 | 226 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $690 | $800 | $1,490 |
| 2 Bedroom | $480 | $1,250 | $1,730 |
| 3 Bedroom | $530 | $1,800 | $2,330 |
| 4 Bedroom | $750 | $1,860 | $2,610 |
Affordability — Maryvale, Phoenix, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $320,000 |
| Median Household Income | $59,600 |