Zip Code 85308

Glendale, AZMaricopa County

Real Estate Market Analysis

Q3 2025 Report
$465,000 (Q2 2025, up 3.2% YoY)
Median Home Value
~66,000
Population
$88,000
Median Income
A- (Deer Valley USD, 2025)
School District Rating

Market Statistics

Property Values

$465,000 (Q2 2025, up 3.2% YoY)
Median Home Value
$2,150/mo (Q2 2025)
Median Rent
$242
Price per Sq Ft

Market Performance

Home Appreciation3.2% YoY (2024-2025)
Market VelocityAverage days on market: 28; homes selling slightly faster than metro average
Foreclosure Rate0.7% (stable, below Phoenix metro average)

Area Information

Area Size~20 sq mi
CountyMaricopa
Primary CityGlendale

Housing Profile

Housing Statistics

Total Housing Units~25,000
Owner Occupied68%
Rental Properties32%
Vacant Units4.5%
New ConstructionModerate infill, limited large-scale new builds

Housing Types

Single-family homes (dominant)TownhomesCondominiumsApartments

Demographics

~66,000
Population
41
Median Age
$88,000
Median Income
96% (unemployment ~4%)
Employment Rate
38% bachelor's degree or higher
Education Levels
Predominantly families and professionals; average household size: 2.8
Family Composition

Education Quality

School District Performance

A- (Deer Valley USD, 2025)
District Rating
School DistrictDeer Valley Unified School District (primary); some overlap with Peoria Unified
Test ScoresAbove state average; e.g., Highland Lakes School: Math 59%, Reading 62% proficiency
Graduation Rates92% (Mountain Ridge High School)

Schools in Area

  • Highland Lakes School
  • Mountain Ridge High School
  • Hillcrest Middle School
  • Copper Creek Elementary
  • Sierra Verde STEAM Academy

Economic Factors

Employment & Business

Job Growth2.1% YoY (2024-2025)
Unemployment Rate~4%
Business EnvironmentStrong healthcare, education, and retail sectors; robust small business presence
Commercial ActivityActive retail corridors (Arrowhead Towne Center, Bell Rd); medical and office parks

Major Employers

  • Banner Health
  • Honeywell
  • Arrowhead Hospital
  • Midwestern University
  • Retail and logistics centers

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Loop 101 (Agua Fria Freeway)
  • Bell Road arterial
  • Public bus routes

Utilities & Services

  • APS (electric)
  • Southwest Gas
  • City of Glendale water/sewer
  • Cox/CenturyLink (internet)

Quality of Life

Safety & Environment

Lower than Phoenix metro average; property crime rate: 17 per 1,000 residents

Good air quality; suburban landscaping; some heat island effect

Healthcare Access

  • Banner Thunderbird Medical Center
  • Arrowhead Hospital
  • Multiple urgent care clinics

Development Trends

Planned Developments

  • Small-scale residential infill
  • Retail/restaurant refreshes near Arrowhead

Infrastructure Projects

  • Road widening (Bell Rd/67th Ave)
  • Park upgrades

Investment Outlook

Growth Outlook

Stable, moderate growth; limited land for major expansion

Investment Opportunities

  • Value-add single-family rentals
  • Small multifamily conversions
  • Retail pad redevelopment

Marketing Intelligence

Target Demographics

  • Move-up families
  • Young professionals
  • Healthcare workers
  • Retirees seeking amenities

Competitive Advantages

  • Top-rated schools
  • Convenient freeway access
  • Strong retail/healthcare presence

Pricing Strategies

Price at or slightly above comps for updated homes; offer incentives for quick close

Common Objections & Response Strategies

Objection: Higher home prices than some Phoenix suburbs

Response Strategy:

Emphasize school quality, safety, and long-term appreciation

Objection: Limited new construction

Response Strategy:

Highlight quality of existing homes, mature landscaping, and ongoing updates

Objection: Traffic congestion on Bell Rd

Response Strategy:

Point to freeway access and ongoing road improvements

Professional Recommendations

1

Leverage school quality and safety in marketing

2

Target healthcare and education professionals for rentals

3

Advise sellers on minor upgrades to maximize value

4

Monitor inventory closely for off-market opportunities

5

Educate buyers on competitive offer strategies

Competitive Analysis

Comparable Markets

  • Peoria 85382
  • Phoenix 85083
  • Glendale 85306

Market Positioning

Family-friendly, move-up suburban market with strong amenities

Competitive Advantages

  • Higher-rated schools than 85306
  • More stable pricing than 85083
  • Better retail/healthcare access than 85382

Price Comparison

Slightly above Glendale and Phoenix averages; below Scottsdale

Investment Metrics

4.8% (single-family rental, 2025)
Cap Rates
6.1% gross yield
Rental Yields
~18.1
Price-to-Rent
Positive for well-managed rentals; best for updated properties
Cash Flow
3-4% annually (2025-2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

Face affordability challenges; FHA/VA options available; strong demand for entry-level homes

Move-Up Buyers

Active segment; seek larger homes, pools, proximity to schools

Downsizers

Attracted to townhomes/condos; value low maintenance and healthcare access

Investors

Focus on single-family rentals; solid tenant pool from healthcare/education

Relocators

Drawn by schools, amenities, and suburban lifestyle

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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