58 Homes
85040, Phoenix, AZ homes for sale under $850,000
In the last 30 days, 85040 home prices were down 8.6% compared to last year. The median price of a home was $340,000. View 85040 Market Insights
1 / 32
2 Days on Orchard
$465,000
1 / 19
6 Days on Orchard
$479,900
1 / 4
7 Days on Orchard
$235,000
1 / 33
8 Days on Orchard
$338,000
1 / 9
$200,000
1 / 21
$324,999
1 / 7
$365,000
1 / 34
$360,000
1 / 19
$205,000
1 / 42
$365,000
1 / 25
Price Drop
$315,000
$325,000
1 / 15
Price Drop
$266,000
$276,000
1 / 32
Price Drop
$399,900
$415,000
1 / 34
Price Drop
$359,900
$364,900
1 / 33
Back On Market
$369,900
1 / 24
$342,900
1 / 47
$455,000
1 / 13
$160,000
1 / 18
$159,900
1 / 41
Price Drop
$290,000
$300,000
1 / 1
$240,000
1 / 28
Price Drop
$409,000
$410,000
1 / 50
Price Drop
$473,522
$488,522
1 / 12
$789,900
1 / 23
Price Drop
Back On Market
$370,000
$375,000
1 / 27
Price Drop
$299,900
$310,000
1 / 33
Price Drop
$411,000
$418,000
1 / 11
$442,800
1 / 38
Price Drop
$394,000
$399,000
1 / 30
Price Drop
$337,500
$349,900
1 / 38
Price Drop
$344,888
$349,999
1 / 12
Price Drop
$147,900
$169,000
1 / 22
Price Drop
$295,000
$320,000
1 / 22
Price Drop
$331,000
$334,000
1 / 14
Price Drop
$269,900
$279,900
1 / 31
Price Drop
$345,000
$350,000
Viewing 1-36 of 58 homes
85040 Market Trends
All Home Types
In the last 30 days, homes for sale in 85040, Phoenix, AZ sold for a median price of $340,000, down 8.6% compared to the same period last year. The median price per square foot was $261.54, down 10% year-over-year. There were 5 homes sold, down from 13 last year.
Median Sale Price
$340,000
-8.6% year-over-year
Median Price per Sq. Ft.
$261.54
-10% year-over-year
Number of Homes Sold
5
-61.5% year-over-year
Frequently Asked Questions
What is the median home sale price in 85040, Phoenix, AZ?
In the last 30 days, the median home sale price in 85040 was $340,000, down 8.6% compared to the same period last year. The "median" price is the middle price - half of the homes here were sold for less, the other half for more.
How many homes are for sale in 85040, Phoenix, AZ?
There were 67 homes for sale in 85040 as of September 24, 2025. There were 18 new listings within the last 30 days as well. The more homes on the market, the more choices buyers have.
How up-to-date are Orchard's new listings in 85040, Phoenix, AZ?
The new homes and houses for sale on Orchard's listings pages are updated hundreds of times each day, with listings in 85040 last seen updated at . New listings can appear every day, but many listings first appear on the market mid-week.
How much competition is there to buy a home in 85040, Phoenix, AZ?
In the last 30 days, the median number of days a home in 85040 remained on the market (DOM) was 27. In areas with a low DOM, homes are sold quickly and the competition is fierce; in areas with higher DOMs, you may have more options and more time to make an offer.
