Laveen, Phoenix, AZ—85339
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Laveen, Phoenix, AZ
Home Price Trends — Laveen, Phoenix, AZ
As of Nov '25, the median home price in Laveen, Phoenix, AZ is $436,000, with a year-over-year change of -3.7%. This indicates that home prices in Laveen, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | -3.7% |
| Single Family | $436,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $336,000 | -6.7% |
3 Bed | $395,000 | -4.1% |
4 Bed | $441,000 | -3.7% |
| 5 Bed | $500,054 | -2.9% |
% of Housing Stock
Rental Trends — Laveen, Phoenix, AZ
As of July '25, Rentcast reports the average rent in Laveen, Phoenix, AZ is $2,420, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Laveen, Phoenix, AZ is studios: $1,340, 1-bedrooms: $1,450, 2-bedrooms: $1,990, 3-bedrooms: $2,170, 4-bedrooms: $2,480. The most common rental property sizes in Laveen, Phoenix, AZ are 4-bedroom and 3-bedroom, accounting for 43.3% and 40.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,420 |
| Studio Rent | $1,340 | $1,340 |
| 1 Bed Rent | $1,600 | $1,450 |
| 2 Bed Rent | $1,850 | $1,990 |
| 3 Bed Rent | $2,100 | $2,170 |
| 4 Bed Rent | $2,350 | $2,480 |
% of Rental Stock
Property Listings — Laveen, Phoenix, AZ
As of Nov '25, Realtor.com reports that the median days on market for a home in Laveen, Phoenix, AZ is 67. This is a increase of 32.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $465,000 | -5.0% |
Listing Count | 247 | 8.0% |
| Listings as % of Homes | 1.2% | 8.0% |
Days on Market | 67 | 32.0% |
Demographics — Laveen, Phoenix, AZ
As of the latest ACS Survey released in 2023, Laveen, Phoenix, AZ has a population of 54,000, which has increased by 16.7% over the past 5 years. Laveen, Phoenix, AZ is a popular place for families, as children make up 30.2% of the population. The area has a moderately educated workforce, with 29.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,000 | 16.7% |
% Under 18 | 30.2% | -9.6% |
% Seniors | 8.9% | 30.9% |
% WFH | 18.9% | 310.9% |
% w/ College Degree | 29.1% | 16.9% |
As of the latest ACS Survey released in 2023, Laveen, Phoenix, AZ is a predominantly hispanic area, with 41.5% of the population identifying as hispanic. The hispanic population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Laveen, Phoenix, AZ is white, making up 25.9% of the population. Foreign-born residents account for 17.1% of the population in Laveen, Phoenix, AZ, and this percentage has increased by 8.2% 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 | 25.9% | 5.7% |
% Black | 18.0% | -1.6% |
% Hispanic | 41.5% | -1.7% |
% Asian | 4.6% | -16.4% |
% Foreign Born | 17.1% | 8.2% |
Mortgage and Risk — Laveen, Phoenix, AZ
According to HUD data as of 2023, there were 1433 mortgage originations in Laveen, Phoenix, AZ, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Laveen, Phoenix, AZ. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,433 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — Laveen, Phoenix, AZ
As of 2024, the percent of homes in Laveen, Phoenix, AZ under the Section 8 program is 10.1%. 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 Laveen, 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 | 337 |
Total Units Section 8 | 337 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $630 | $1,600 | $2,230 |
| 2 Bedroom | $740 | $1,850 | $2,590 |
| 3 Bedroom | $1,380 | $2,100 | $3,480 |
| 4 Bedroom | $1,550 | $2,350 | $3,900 |
Affordability — Laveen, Phoenix, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $436,000 |
| Median Household Income | $104,000 |