How much is a home worth in ZIP code 85131?

The typical home in 85131 is worth $293,299, based on the Zillow Home Value Index.

Are home values rising in 85131?

Home values in 85131 are down 2.5% over the past year, and up 3.9% a year over five years.

What is the typical rent in 85131?

A typical home in 85131 rents for about $1,949 a month, a gross rental yield of 8.0%.

What is the property tax rate in 85131?

The effective property tax rate in 85131 is 0.6% — roughly $1,814 a year on a typical home.

ZIP code 85131 has a population of 18,794 and a median household income of $56,576.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85131

Pinal County · Phoenix-Mesa-Chandler, AZ

Typical home value

$293,299^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.5%
5-year / yr: +3.9%
10-year / yr: +8.6%

Relative price

vs U.S.: +3.2%
vs metro: -34.2%
vs state: -24.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 85131 is worth $293,299 — 34.2% below the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 2.5%. Homes here rent for a typical $1,949 a month — a 8.0% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,949^[2]
Gross yield: 8.0%^[2]
Cap rate: 4.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,814^[3]

#Climate risk

FEMA National Risk Index ratings for Pinal County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively High
Drought: Relatively High
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Very Low

#Who lives here

Population: 18,794^[3]
Median household income: $56,576^[3]

#Migration

Household moves in and out of Pinal County over a year, from IRS tax-return data.

Net migration: +6,742^[5]
Moved in: 20,538
Moved out: 13,796

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 0
Middle: 1
High: 3

Toltec Elementary School
Other · Grades PK–12 · Toltec School District (4450)
426 students
Santa Cruz Valley Union High School
High · Grades 9–12 · Santa Cruz Valley Union High School District (4454)
384 students
Eloy Junior High School
Middle · Grades 6–8 · Eloy Elementary District (4448)
246 students
Villa Oasis Interscholastic Center For Education (voice)
High · Grades 9–12 · Mary C O'Brien Accommodation District (4435)
75 students
Santa Cruz Center for Success
High · Grades 9–12 · Santa Cruz Valley Union High School District (4454)
31 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.0%

Net yield (after ~40% expenses)4.8%

Annual rent$23,385

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,483

Loan principal$234,639

Down payment$58,660

Total interest paid$299,270

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.96

Monthly cost to own$1,879

Monthly rent$1,949

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 29th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 97th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 85131?: The typical home in 85131 is worth $293,299, based on the Zillow Home Value Index.
Are home values rising in 85131?: Home values in 85131 are down 2.5% over the past year, and up 3.9% a year over five years.
What is the typical rent in 85131?: A typical home in 85131 rents for about $1,949 a month, a gross rental yield of 8.0%.
What is the property tax rate in 85131?: The effective property tax rate in 85131 is 0.6% — roughly $1,814 a year on a typical home.
Who lives in 85131?: ZIP code 85131 has a population of 18,794 and a median household income of $56,576.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

85145 vs 85131 →
Red Rock CDP, AZ
Typical home
$291,261
Gross yield
—
85034 vs 85131 →
Phoenix, AZ
Typical home
$285,186
Gross yield
5.6%
85017
Phoenix, AZ
Typical home
$302,477
Gross yield
5.1%
85009
Phoenix, AZ
Typical home
$280,638
Gross yield
5.1%
85122
Casa Grande, AZ
Typical home
$308,702
Gross yield
6.4%
85351
Sun City CDP, AZ
Typical home
$277,098
Gross yield
7.3%

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#Jump to section

U.S. ZIP Code · AZ85131

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