SIALIMStatistical Intelligence for America's Local Investment Markets

85018 — Phoenix, AZ Home Values

Typical home value $984,707 as of August 2026 · 8th of 149 in Phoenix-Mesa-Chandler, AZ

Typical value — August 2026
$984,707
observed, not a forecast
Past 12 months
+4.8%
trailing year-over-year change
Past 5 years
+24.4%
August 2021 to August 2026
Rank in metro
8th
of 149 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 85018, August 2021 to August 2026. This page shows observed data only; no forecast.

How 85018 compares in the Phoenix-Mesa-Chandler, AZ area

ZIP code 85018 (Phoenix, AZ) has a typical home value of $984,707 as of August 2026, ranking 8th of 149 ZIP codes tracked in the Phoenix-Mesa-Chandler, AZ area, more expensive than about 95% of ZIP codes in the metro. Prices here have moved +4.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +24.4%, from $791,818 in August 2021 to $984,707 in August 2026. Against observed rent, the typical home here sells for 52.3× the annual rent ($1,568/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Phoenix.

Population and demographics

ZIP code 85018 has a population of 38,268, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 66.8% White, 20.5% Hispanic or Latino, 4.6% two or more races, 4.2% Black or African American, 2.4% Asian, 1% American Indian or Alaska Native, 0.4% another race, and 0.1% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
Biltmore Preparatory Academy4601 N 34TH ST, PHOENIX, AZ1.3 mi
Villa Montessori - Phoenix Campus4535 N 28TH ST, PHOENIX, AZ1.9 mi
Arcadia High School4703 E INDIAN SCHOOL RD, PHOENIX, AZ1.9 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 85018?

$984,707 as of August 2026, the latest month Zillow has published observed data for.

Is 85018 an expensive ZIP code in the Phoenix-Mesa-Chandler, AZ area?

85018 ranks 8th of 149 ZIP codes in the Phoenix-Mesa-Chandler, AZ area by typical home value, more expensive than about 95% of ZIP codes in the metro.

How much have home values in 85018 changed over the past year?

+4.8% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 85018?

The typical home price is 52.3× the observed annual rent in this ZIP code ($1,568/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 85018?

38,268, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 85018?

Biltmore Preparatory Academy (1.3 mi), Villa Montessori - Phoenix Campus (1.9 mi), Arcadia High School (1.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 85018?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook.

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.