SIALIMStatistical Intelligence for America's Local Investment Markets

The Most Expensive ZIP Codes in Phoenix

Ranked from observed Zillow data as of June 2026 — not a forecast. 149 ZIP codes in the Phoenix-Mesa-Chandler, AZ area. See the Phoenix forecast →

Cheaper
More expensive· dot size = population

10 most expensive ZIP codes in Phoenix are ringed on the map; all 159 ZIPs shown, colored by typical home value and sized by population. Hover any dot for its ZIP and value.

Which are the best ZIP codes to buy in Phoenix?

There is no single answer, because "best" depends on what a buyer is optimizing for. The three tables below rank the same 149 ZIP codes three different ways: by typical home value, by how much prices have actually moved over the past year, and by how far a home's price stretches against observed rent. A ZIP code that leads one list rarely leads all three.

Most expensive — June 2026

Ranked by typical home value (Zillow ZHVI), highest first.

#ZIPCityPopulationTypical value
185253Paradise Valley17.2K$3,327,715
285262Scottsdale13.9K$1,545,090
385255Scottsdale45.1K$1,314,911
485266Scottsdale12.5K$1,297,775
585377Carefree3.5K$1,230,322
685264Fort McDowell1.3K$1,206,679
785259Scottsdale22.2K$1,149,292
885018Phoenix38.3K$993,497
985254Scottsdale46.7K$914,686
1085258Scottsdale25.5K$865,047

Fastest-appreciating — past 12 months

Ranked by observed price change over the trailing year, not a forecast.

#ZIPCityPopulationTypical value1-yr change
185253Paradise Valley17.2K$3,327,715+11.4%
285034Phoenix4.8K$281,956+5.3%
385018Phoenix38.3K$993,497+4%
485254Scottsdale46.7K$914,686+3.9%
585337Gila Bend2.4K$219,746+3.9%
685258Scottsdale25.5K$865,047+2.9%
785361Wittmann8.1K$515,831+2.7%
885193Casa Grande4.9K$351,855+2.6%
985259Scottsdale22.2K$1,149,292+2.5%
1085028Phoenix19.0K$711,518+2.4%

Best rental value — past 12 months

Ranked by price-to-rent (typical value ÷ observed annual rent), lowest first — the ZIP codes where buying looks cheapest relative to renting.

#ZIPCityPopulationTypical valuePrice ÷ annual rent
185351Sun City27.6K$274,38113.3×
285128Coolidge18.6K$268,90913.7×
385041Phoenix63.9K$368,64113.9×
485123Arizona City8.8K$250,21314×
585131Eloy18.2K$291,47914.1×
685040Phoenix33.3K$320,93514.8×
785194Casa Grande8.0K$361,85414.9×
885335El Mirage35.8K$341,79714.9×
985122Casa Grande58.3K$309,14815.1×
1085138Maricopa52.3K$346,96115.4×

Frequently asked questions

What is the most expensive ZIP code in the Phoenix area?

85253 (Paradise Valley), with a typical home value of $3,327,715 as of June 2026, the latest month Zillow has published.

Which are the best ZIP codes to buy in Phoenix?

It depends on the goal. This page ranks three separately: the most expensive ZIP codes (highest typical value), the fastest-appreciating (largest observed price gain over the past year), and the best rental value (lowest price relative to observed rent). The three lists often name different ZIP codes.

Is this page showing forecasts?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasts, at the metro level, are on the linked metro forecast page.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.