By Joanne Drilling and Mignon A. Gould | Phoenix Business Journal
Arizona’s housing market has shown considerable resiliency, specifically in areas such as Scottsdale and Paradise Valley. Meanwhile, Phoenix ZIP code is the hottest housing market in Arizona for the second quarter of 2025.
Phoenix’s 85012 ZIP code ranked No. 7 among the hottest ZIP codes nationally, behind metros such as Sunapee, New Hampshire (03782); Los Angeles, California (90020) and Greenville, Maine (04441) — the top three on the list.
That’s according to The Business Journals’ latest analysis of the country’s hottest housing markets, which analyzed ZIP code-level mortgage and real estate data provided by Intercontinental Exchange to determine the top luxury housing markets.
