The story of this market
The typical home in ZIP 85224 sells for about $435,000, or $305 per square foot.
Prices are down 2% from a year ago, which gives buyers more room to negotiate. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 85224 — Chandler
The 85224 housing market is showing signs of stabilization with a median price of $435,000, reflecting a slight year-over-year decline. Demand remains steady, supported by the area's strong employment base and high-quality school district, though inventory levels are keeping the market competitive.
This ZIP is ideal for families and professionals seeking a balance of suburban amenities, high-quality schools, and relatively accessible commute times to major regional employers.
Median prices moved down 2.0% year over year.
Homes spend a median of 38 days on market with 2.6 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 85224, Maricopa County AZ
Crime rates in Chandler are generally lower than the national average, with 85224 experiencing typical suburban property crime levels that remain stable relative to the broader Phoenix metropolitan area.
Schools serving the 85224 area are part of the Chandler Unified School District, which is widely recognized for high academic performance and diverse extracurricular programming.
The area faces low risk from natural disasters, though extreme heat is a primary climate consideration; standard homeowner insurance policies are readily available.
The area benefits from proximity to the Chandler technology corridor, with significant employment anchors in semiconductor manufacturing and aerospace, driving steady demand for housing.
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.
Residents have convenient access to the Loop 101 and US-60 freeways, facilitating commutes to major employment hubs in Tempe, Mesa, and downtown Phoenix.
The ZIP features numerous community parks, proximity to the Tumbleweed Recreation Center, and extensive shopping and dining options along the Ray Road and Alma School Road corridors.
The rental market is characterized by moderate vacancy pressure and consistent demand from young professionals and families, with rents trending in line with the broader Chandler market.
The local economy is anchored by the technology and manufacturing sectors, with major employers including Intel and various aerospace firms in the surrounding Chandler area.
The area is served by a network of arterial roads and is well-connected to the regional freeway system, though public transit reliance remains low.
Development is focused on high-density residential projects near major transit corridors and the continued expansion of commercial space.
The Maricopa County Assessor determines property values annually based on market sales data and property characteristics.
Parcels are subject to Chandler Unified School District taxes and various municipal service district assessments.
Property insurance premiums are influenced by regional wildfire and heat-related risks, with standard coverage widely available.
Arizona continues to see positive net domestic migration, driven by job growth and relative affordability compared to coastal markets.
Arizona is primarily a non-judicial foreclosure state, with a standard trustee sale process for defaulted mortgages.
Sellers are required to provide a comprehensive real estate disclosure statement covering the physical condition of the property.
Data retrieved from US Census Bureau ZCTA profiles and ACS 5-year estimates.
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.
- Great Wolf Lodge | Arizona4.215.1 mi
- Arizona Grand Resort & Spa4.36.4 mi
- Pecan Lake Entertainment4.215.4 mi
- Andretti Indoor Karting and Games Chandler4.34.9 mi
- Golfland Sunsplash4.24.8 mi
- Desert Botanical Garden4.810.2 mi
- Chase Field4.613.8 mi
- Mortgage Matchup Center4.614 mi
- Casino Arizona4.18.9 mi
- Phoenix Convention Center4.514 mi
- Desert Botanical Garden4.810.2 mi
- Phoenix Zoo4.59.5 mi
- Casino Arizona4.18.9 mi
- Hole in the Rock4.79.9 mi
- Dobbins Lookout4.810.7 mi
- Desert Botanical Garden4.810.2 mi
- Hole in the Rock4.79.9 mi
- McCormick-Stillman Railroad Park4.814.8 mi
- Phoenix Art Museum4.715 mi
- Japanese Friendship Garden of Phoenix4.414.9 mi
- Desert Botanical Garden4.810.2 mi
- Papago Park4.79.8 mi
- Hole in the Rock4.79.9 mi
- Dobbins Lookout4.810.7 mi
- Riparian Preserve at Water Ranch4.88.5 mi
- Arizona Grand Resort & Spa4.36.4 mi
- Topgolf Gilbert4.57.7 mi
- Papago Golf Club4.310.6 mi
- Dobson Ranch Golf Course4.63.4 mi
- Grass Clippings Rolling Hills4.29.2 mi
- Arizona Mills4.46.5 mi
- Scottsdale Fashion Square4.612.6 mi
- Chandler Fashion Center4.52.2 mi
- Tempe Marketplace4.67.6 mi
- Phoenix Premium Outlets4.56.3 mi
- Phoenix Sky Harbor International Airport4.310.9 mi
- Mesa Gateway Airport4.412.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Large facility with fitness center, pool, and sports fields.
Features a lake, train ride, and extensive walking paths.
Major regional mall located nearby serving the area.
Key-figure check: median price corroborated by the published ten-year series (2026) (within 12.5%).