Home/Phoenix homes for sale/Scottsdale 85254/Covey
Phoenix, Arizona · ZIP 85254 and 85032
Covey homes for sale
Homes for sale and 12 months of sales data in Phoenix, ZIP 85254 and 85032.
The short answer
As of November 2, 2026, there are 4 homes listed for sale in Covey, with a median list price of $852,000. Over the past 12 months, 22 homes sold at a median price of $747,500, or $424 per square foot, after a median of 42 days on market. Homes closed at a median of 99.11% of their final list price. With about 2.2 months of supply, the market is leaning toward sellers.
Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes in Covey, as defined in the FAQ below.
The Covey market, by the numbers
Closed residential sales, November 2, 2025 to November 2, 2026.
Months of supply is today's 4 listings divided by the 12 month average of about 2 sales per month. 3 of the 22 sales closed at $1 million or more. Seller concessions are seller paid buyer costs, such as closing costs or a rate buydown, as reported on the closed MLS record. Listing success rate is the share of listings that left the market over the past 12 months that closed rather than being cancelled or expiring: 22 closed and 12 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.
Covey median sale price, 10 years
Yearly median sale price of closed residential sales, 2016 to 2026.
The median sale price for homes in Covey went from $350,000 in 2016 to $724,000 in 2025, up 107%. So far this year, through November 2, 2026, the median is $675,000. A median is the middle sale of the year, so it moves with both prices and the mix of homes that sold. Ask us how values have changed for homes like yours.
See the yearly numbers
| Year | Median sale price | Homes sold |
|---|---|---|
| 2026 (through November 2, 2026) | $675,000 | 17 |
| 2025 | $724,000 | 23 |
| 2024 | $715,000 | 23 |
| 2023 | $695,000 | 21 |
| 2022 | $625,000 | 24 |
| 2021 | $550,000 | 34 |
| 2020 | $481,000 | 40 |
| 2019 | $394,125 | 40 |
| 2018 | $377,250 | 38 |
| 2017 | $329,000 | 28 |
| 2016 | $350,000 | 27 |
Source: ARMLS via Flexmls. Closed residential sales by calendar year in Covey as defined on this page, calculated by Arizona Luxury Partners.
Search Covey homes for sale
Updated continuously from the MLS. Filter, save, and tour any home.
What the numbers mean right now
Our read on the market, for buyers and for sellers.
Over the past 12 months, 22 homes sold in Covey, and 14% of them closed at $1 million or more. Today 4 are listed for sale, and 3 of those have already had a price change.
Pricing is where homes win or sit. 9 of last year's sales, or 41%, went under contract within 30 days, at about 100% of list price on average. 3, or 14%, took more than 120 days, and those closed at about 89% of their original list price on average.
If you are buying
- The typical home sold about 3% below its original list price, so there is room to negotiate on homes that have been listed a while.
- 41% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
- Homes in Covey vary in size, age, and updates. Compare a home against recent sales of a similar size and condition within the neighborhood.
- Ask for the association disclosures for the specific home, if it has an association, and confirm the assigned schools for that address.
If you are selling
- Your first month matters most. Homes that sold within 30 days closed at about 100% of list price on average.
- Homes that sat more than 120 days closed at about 89% of their original list price, so pricing right at the start pays.
- Price against recent Covey sales of similar size, and show how your home compares on lot, location, and updates.
- We can show you the exact sales we would use to price your home.
About Covey
The setting, the homes, and the neighborhood.
Covey is a neighborhood of about 516 homes in Phoenix, Arizona, in ZIP codes 85254 and 85032, according to Maricopa County parcel records. It has two sections, and homes in the 85254 section generally use a Scottsdale mailing address.
- City
- Phoenix, Arizona, ZIP codes 85254 and 85032
- Median home size sold
- 1,821 square feet over the past 12 months
- Sale prices, past 12 months
- $420,000 to $1,500,000
- Listings at $1 million or more
- 0 of 4 active listings
- Listings with a price change
- 3 of 4 active listings
Related pages
Compare Covey with nearby pages.
Covey questions, answered
How much do homes cost in Covey?
The median sale price was $747,500 for the 22 homes, condos, and townhomes in Covey that sold from November 2, 2025 to November 2, 2026, or $424 per square foot, with sale prices from $420,000 to $1,500,000. Homes listed for sale on November 2, 2026 had a median list price of $852,000.
How many homes are for sale in Covey right now?
As of November 2, 2026, 4 homes were listed for sale in Covey in the MLS, and 0 of them were priced at $1 million or more. The search on this page updates continuously, so it always shows the current count.
How fast do homes sell in Covey?
Homes that sold over the past 12 months spent a median of 42 days on the market and closed at a median of 99.11% of their final list price, or 97.33% of their original list price.
Is Covey a buyer's market or a seller's market?
With 4 listings today and about 2 sales a month over the past year, Covey has about 2.2 months of supply, which is leaning toward sellers. Neighborhoods and home types move at different speeds, so ask us for the numbers on the homes you are considering.
How common are seller concessions in Covey?
9 of the 22 closed sales, or 41%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. Among the sales that had one, the median concession was $10,000.
How many listings actually sell in Covey?
Of the 34 listings that left the market over the past 12 months, 22 closed and 12 were cancelled or expired, a listing success rate of 65%. A listing that was cancelled and then relisted counts as cancelled.
What is Covey like?
Covey is a neighborhood of about 516 homes in Phoenix, Arizona, in ZIP codes 85254 and 85032, according to Maricopa County parcel records. It has two sections, and homes in the 85254 section generally use a Scottsdale mailing address.
How have Covey home prices changed over the past 10 years?
The median sale price for homes in Covey was $350,000 in 2016 and $724,000 in 2025, up 107%. So far this year, through November 2, 2026, the median is $675,000.
How does this page define Covey?
Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, in ZIP codes 85254 and 85032 whose MLS subdivision name includes Covey. Figures were calculated by Arizona Luxury Partners from ARMLS data on November 2, 2026.
Thinking about Covey?
Your vision, your home, our expertise.
Tell us what you are looking for and we will send new Covey listings that fit, along with the sales data behind each one. Our office is on Pima Road in north Scottsdale. White-glove service at every price point.
Your advisors
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art
Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties
Sources
- ARMLS via Flexmls. Residential closed sales November 2, 2025 to November 2, 2026, and active listings on November 2, 2026, for Covey as defined in the FAQ. Medians, months of supply, and the listing success rate calculated by Arizona Luxury Partners.
- ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through November 2, 2026 for the same area, used for the 10 year median sale price chart.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is provided by the Arizona Regional Multiple Listing Service and may not reflect all real estate activity in the market. ZIP code areas do not follow city limits or school boundaries, so confirm the city, HOA, and assigned schools for a specific address. This page is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Office 480.766.1515. Brokerage License LC629808000. Equal Housing Opportunity.
