Laveen, Phoenix, AZ85339

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$438,000
3.8% YoY Growth
Median Household Income
$104,000
47.0% 5-Year Growth
Days on Market
69
30.0% Longer than last year
Home Price Forecast
-0.1%
Median Rent
$2,300
1.6% YoY Growth
1-Bed Rent
$1,600
42.2% YoY Growth
2-Bed Rent
$1,850
37.2% YoY Growth
3-Bed Rent
$2,100
2.3% YoY Growth

Other Zip Codes in Laveen, Phoenix, AZ

Property Listings — Laveen, Phoenix, AZ

As of Oct '25, Realtor.com reports that the median days on market for a home in Laveen, Phoenix, AZ is 69. This is a increase of 30.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$468,000-6.0%
Listing Count
25515.0%
Listings as % of Homes1.2%15.0%
Days on Market
6930.0%
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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.

MetricLatest CensusYoY % Change
Population
54,00016.7%
% Under 18
30.2%-9.6%
% Seniors
8.9%30.9%
% WFH
18.9%310.9%
% w/ College Degree
29.1%16.9%
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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

MetricLatest Census5-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%
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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

MetricZip 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%

Loan Activity

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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 SizeHUD PremiumMarket RentMax 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

MetricZip Code Average
Home Price to Income Ratio4.3
Median Home Price$438,000
Median Household Income$104,000

Laveen, Phoenix, AZ — ZIP Code Boundary Map

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Frequently Asked Questions