Cashion, AZ 85329 Real Estate Market Report

ZIP Code: 85329
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Cashion, AZ is characterized by a median sold price of $170,500, reflecting a stable market environment. The neighborhood has increased up since 2023, indicating a positive trend in property values despite the challenges posed by elevated interest rates. The median price per square foot stands at $183.21, suggesting that buyers are willing to pay a premium for properties in this area, although affordability remains a concern due to rising borrowing costs.

Market activity appears to be balanced, with moderate transaction volume and elevated inventory levels. This suggests that while demand remains steady, the excess supply relative to sales activity may lead to pricing friction. The median market rent is reported at $2,720, which, combined with the current economic conditions, indicates a cautious optimism among local residents and potential investors. Overall, the market is navigating a complex landscape influenced by broader trends in the Phoenix metro area.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cashion, AZ are averaging 6.38%, which is 0.35% higher than the 6.03% average seen a year ago.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $170,500 indicates a stable market, reflecting recent positive price trends.

2. The median price per square foot of $183.21 suggests strong buyer interest despite affordability challenges.

3. Market temperature remains neutral, indicating balanced conditions between buyers and sellers.

4. Elevated interest rate pressure, with current mortgage rates averaging 6.38%, may impact buyer affordability and market dynamics.

5. The median market rent of $2,720 highlights ongoing demand for rental properties, although the year-over-year trend is down.

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Notable Properties

The following 7 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.