The story of this market
The typical home in ZIP 85123 sells for about $258,000, or $167 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,445 a month.
ZIP 85123
The 85123 housing market is currently experiencing a period of price correction with a median sale price of $258,000. Market activity is somewhat competitive, though sales volume remains limited. The area continues to see interest from buyers seeking affordable entry-level housing and land.
This ZIP is suitable for budget-conscious family buyers and those seeking affordable residential land in a developing community.
Median prices moved down 2.1% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 11.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 85123, Pinal County AZ
Arizona City is a growing community with ongoing residential land development and access to basic infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
The area features a local golf course and access to open desert recreational space.
The rental market is characterized by a median asking rent of $1,445 per month.
The local economy is primarily driven by residential development and regional service sectors in Pinal County.
Data retrieved from data.census.gov ZCTA 85123 profile.
- Skydive Arizona4.86.4 mi
- Harkins Theatres Casa Grande4.69.3 mi
- Peter Piper Pizza3.79.2 mi
- SkyVenture Arizona Llc4.86.6 mi
- Peart Park49.9 mi
- Casa Grande Ruins National Monument4.718.8 mi
- Casa Grande Neon Sign Park4.510 mi
- The Museum of Casa Grande4.610 mi
- Carr McNatt Park4.410.1 mi
- Dave White Regional Park4.512.6 mi
- Fiesta Grande Resort4.39 mi
- Hanna Road Trailhead4.75.7 mi
- Encore Casita Verde4.211.7 mi
- Mission Royale Golf Course48.3 mi
- Dave White Municipal Golf Course4.412.6 mi
- Dillard's Clearance Center4.39.1 mi
- Fry's4.29.3 mi
- Safeway4.210.7 mi
- Ross Dress for Less4.39 mi
- Promenade at Casa Grande4.29.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A local recreational anchor for the community.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).