The story of this market
The typical home in ZIP 85623 sells for about $450,000, or $280 per square foot.
Prices are down 14.09% from a year ago, which gives buyers more room to negotiate. Homes take about 61 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,250 a month.
ZIP 85623
The housing market in 85623 is currently balanced with a moderate pace of sales. Market momentum is neutral, with homes generally selling near the asking price. Some data points such as months of supply and specific tax rates are not published at the ZIP level.
This ZIP fits retirees, remote workers, and those seeking outdoor-focused, low-density rural living. It is best suited for those willing to accept long commute times to major job centers.
Median prices moved down 14.1% year over year.
Homes spend a median of 61 days on market with 0.0 months of supply — a balanced-paced market.
32% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 12.8% — a stable, low-distress profile.
ZCTA 85623, Pinal County AZ
The area is served by the Pinal County Sheriff's Office, which maintains a substation in Oracle. Crime trends are generally consistent with rural and semi-rural residential areas in Pinal County.
The area is primarily served by the Oracle Elementary School District. Academic quality and ratings vary, and many families in the region look toward neighboring districts for specific secondary education programs.
Located in a high-desert environment, the area faces standard regional risks including wildfire potential in surrounding wildland-urban interfaces and seasonal wind events.
Growth is largely driven by its proximity to Tucson and the presence of the Biosphere 2 facility. Infrastructure development remains limited, maintaining the area's rural character.
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.
Long commutes are standard for residents. Most individuals typically drive to employment hubs in Tucson or the greater Phoenix-metro periphery.
Notable amenities include Oracle State Park, access to the Arizona Trail, and proximity to Biosphere 2. There is limited commercial shopping within the ZIP code.
The rental market depth is shallow with low vacancy pressure. It primarily caters to residents seeking a rural lifestyle or temporary housing.
The economy is driven by public services, local tourism, and recreation. A significant portion of the workforce commutes outside the ZIP for employment.
No major industrial or high-density residential master plans are currently reported. Development is largely low-density and site-specific.
The area includes Pinal County special assessment districts and various school district taxing authorities.
Property insurance posture is impacted by wildfire risk ratings inherent to the Pinal County foothills.
Data retrieved from US Census Bureau and ACS tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Fork & Fire Catalina Grill4.819.6 mi
- Biosphere 24.512.7 mi
- Oracle State Park4.712.7 mi
- 24 Hours in the Old Pueblo4.85.4 mi
- Oracle Adventure Rentals4.711.5 mi
- Biosphere 24.512.7 mi
- Oracle State Park4.712.7 mi
- SaddleBrooke Ranch Golf Club4.312.4 mi
- ORO Ford4.710.2 mi
- The Oracle Patio Cafe & Market4.611.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A 4,000-acre wildlife refuge and park offering hiking and equestrian trails.
Popular hiking trail providing access to the Santa Catalina Mountains.
A major scientific research facility and landmark attraction located near Oracle.
A local landmark dining establishment serving the community.
Key-figure check: median price diverges 26.9% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $603,000 (34.0% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $603,000 (+26.9% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.