Tolleson, Phoenix, AZ—85043
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tolleson, Phoenix, AZ
As of Oct '25, the median home price in Tolleson, Phoenix, AZ is $369,000, with a year-over-year change of -4.1%. This indicates that home prices in Tolleson, 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 | $369,000 | -4.1% |
| Single Family | $371,000 | -3.9% |
| Condos | $159,000 | -15.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | -7.4% |
3 Bed | $354,000 | -4.3% |
4 Bed | $392,000 | -3.9% |
| 5 Bed | $452,000 | -3.4% |
% of Housing Stock
Rental Trends — Tolleson, Phoenix, AZ
As of July '25, Rentcast reports the average rent in Tolleson, Phoenix, AZ is $2,020, with a year-over-year rent change of -9.0%. Per bedroom, the median rent as of July '25 in Tolleson, Phoenix, AZ is 1-bedrooms: $1,200, 2-bedrooms: $1,560, 3-bedrooms: $2,010, 4-bedrooms: $2,200. The most common rental property sizes in Tolleson, Phoenix, AZ are 3-bedroom and 2-bedroom, accounting for 51.5% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $2,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,200 |
| 2 Bed Rent | $1,580 | $1,560 |
| 3 Bed Rent | $1,940 | $2,010 |
| 4 Bed Rent | $2,100 | $2,200 |
% of Rental Stock
Property Listings — Tolleson, Phoenix, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Tolleson, Phoenix, AZ is 66. This is a increase of 64.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $377,000 | -3.0% |
Listing Count | 83 | -3.0% |
| Listings as % of Homes | 0.8% | -3.0% |
Days on Market | 66 | 64.0% |
Demographics — Tolleson, Phoenix, AZ
As of the latest ACS Survey released in 2023, Tolleson, Phoenix, AZ has a population of 39,600, which has remained stable by -0.4% over the past 5 years. Tolleson, Phoenix, AZ is a popular place for families, as children make up 31.2% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,600 | -0.4% |
% Under 18 | 31.2% | -13.1% |
% Seniors | 5.9% | 22.9% |
% WFH | 7.9% | 364.7% |
% w/ College Degree | 13.1% | 7.4% |
As of the latest ACS Survey released in 2023, Tolleson, Phoenix, AZ is a predominantly hispanic area, with 75.2% of the population identifying as hispanic. The hispanic population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Tolleson, Phoenix, AZ is black, making up 11.0% of the population. Foreign-born residents account for 27.1% of the population in Tolleson, Phoenix, AZ, and this percentage has increased by 4.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 10.9% | -9.9% |
% Black | 11.0% | 37.5% |
% Hispanic | 75.2% | 2.3% |
% Asian | 0.4% | -83.3% |
% Foreign Born | 27.1% | 4.2% |
Mortgage and Risk — Tolleson, Phoenix, AZ
According to HUD data as of 2023, there were 384 mortgage originations in Tolleson, Phoenix, AZ, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Tolleson, Phoenix, AZ. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 384 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Tolleson, Phoenix, AZ
As of 2024, the percent of homes in Tolleson, Phoenix, AZ under the Section 8 program is 5.0%. 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 Tolleson, 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 | 273 |
Total Units Section 8 | 223 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $630 | $1,100 | $1,730 |
| 2 Bedroom | $430 | $1,580 | $2,010 |
| 3 Bedroom | $760 | $1,940 | $2,700 |
| 4 Bedroom | $920 | $2,100 | $3,020 |
Affordability — Tolleson, Phoenix, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $369,000 |
| Median Household Income | $70,100 |