How much is a home worth in ZIP code 85295?

The typical home in 85295 is worth $548,066, based on the Zillow Home Value Index.

Are home values rising in 85295?

Home values in 85295 are down 1.7% over the past year, and up 4.3% a year over five years.

What is the typical rent in 85295?

A typical home in 85295 rents for about $1,935 a month, a gross rental yield of 4.2%.

What is the property tax rate in 85295?

The effective property tax rate in 85295 is 0.4% — roughly $2,395 a year on a typical home.

ZIP code 85295 has a population of 56,744 and a median household income of $118,467.

HousingHandbookReference data

…

U.S. ZIP Code · AZ85295

Maricopa County · Phoenix-Mesa-Chandler, AZ

Typical home value

$548,066^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.7%
5-year / yr: +4.3%
10-year / yr: +6.7%

Relative price

vs U.S.: +92.9%
vs metro: +22.9%
vs state: +40.9%

Price history

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

The typical home in 85295 is worth $548,066 — 22.9% above the Phoenix-Mesa-Chandler, AZ median. Over the past year, values have fallen 1.7%. Homes here rent for a typical $1,935 a month — a 4.2% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

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

Monthly rent: $1,935^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $2,395^[3]

#Climate risk

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

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

#Who lives here

Population: 56,744^[3]
Median household income: $118,467^[3]

#Migration

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

Net migration: +5,261^[5]
Moved in: 91,952
Moved out: 86,691

Schools

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

Public schools: 12
Elementary: 7
Middle: 1
High: 3

Higley High School
High · Grades 8–12 · Higley Unified School District (4248)
2,163 students
Legacy Traditional School - Gilbert
Elementary · Grades K–8 · Legacy Traditional School - Gilbert (92047)
1,025 students
South Valley Jr. High
Middle · Grades 7–8 · Gilbert Unified District (4239)
816 students
Higley Traditional Academy
Elementary · Grades PK–8 · Higley Unified School District (4248)
793 students
Gateway Pointe Elementary
Elementary · Grades PK–8 · Higley Unified School District (4248)
780 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 yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$23,216

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$2,771

Loan principal$438,453

Down payment$109,613

Total interest paid$559,223

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 ratio1.77

Monthly cost to own$3,429

Monthly rent$1,935

Renting is meaningfully cheaper month-to-month.

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: 54th percentile^[1]
Rental yield: 32nd percentile^[2]
Property tax: 43rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 85295?: The typical home in 85295 is worth $548,066, based on the Zillow Home Value Index.
Are home values rising in 85295?: Home values in 85295 are down 1.7% over the past year, and up 4.3% a year over five years.
What is the typical rent in 85295?: A typical home in 85295 rents for about $1,935 a month, a gross rental yield of 4.2%.
What is the property tax rate in 85295?: The effective property tax rate in 85295 is 0.4% — roughly $2,395 a year on a typical home.
Who lives in 85295?: ZIP code 85295 has a population of 56,744 and a median household income of $118,467.

#Comparable ZIPs

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

85296 vs 85295 →
Gilbert, AZ
Typical home
$550,786
Gross yield
4.5%
85395 vs 85295 →
Goodyear, AZ
Typical home
$550,788
Gross yield
4.0%
85310
Phoenix, AZ
Typical home
$541,901
Gross yield
5.1%
85207
Mesa, AZ
Typical home
$554,285
Gross yield
4.8%
85234
Gilbert, AZ
Typical home
$557,050
Gross yield
4.0%
85257
Scottsdale, AZ
Typical home
$558,555
Gross yield
4.2%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 85295 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AZ85295

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