Home/New River homes for sale/ZIP 85087

The short answer

As of November 1, 2026, there are 59 homes, condos, and townhomes listed for sale in New River 85087, with a median list price of $699,000. Over the past 12 months, 178 homes sold at a median price of $625,950, or $275 per square foot, after a median of 70 days on market. Homes closed at a median of 98.21% of their final list price. With about 4.0 months of supply, the market is close to balanced.

Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes with a New River address in ZIP 85087 in the MLS, as explained in the FAQ below.

The New River 85087 market, by the numbers

Closed residential sales, November 1, 2025 to November 1, 2026.

178
Homes sold in the past 12 months
$625,950
Median sale price
$275
Median price per square foot
70 days
Median days on market
98.21%
Median sale to final list price
96.27%
Median sale to original list price
59
Homes for sale today
4.0
Months of supply
5%
Sales at $1 million or more
47%
Closed sales with a seller concession
$12,900
Median seller concession, sales that had one
69%
Listing success rate

Months of supply is today's 59 listings divided by the 12 month average of about 15 sales per month. 9 of the 178 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: 178 closed and 81 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.

New River 85087 median sale price, 10 years

Yearly median sale price of closed residential sales, 2016 to 2026.

New River 85087 median home sale price by year Line chart of the yearly median sale price from 2016 to 2026. The table below the chart lists every value. $0 $100K $200K $300K $400K $500K $600K $700K $800K 2016: $325,000 median, 128 sales 2016 $325K 2017: $319,000 median, 172 sales 2017 2018: $360,000 median, 226 sales 2018 2019: $380,000 median, 219 sales 2019 2020: $395,000 median, 235 sales 2020 2021: $501,000 median, 271 sales 2021 2022: $640,000 median, 179 sales 2022 $640K 2023: $600,000 median, 157 sales 2023 2024: $612,450 median, 138 sales 2024 2025: $583,500 median, 158 sales 2025 2026 year to date: $630,000 median, 147 sales 2026 YTD $630K

The median sale price for homes with a New River 85087 address went from $325,000 in 2016 to $583,500 in 2025, up 80%. The highest yearly median was $640,000 in 2022. So far this year, through November 1, 2026, the median is $630,000. 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
YearMedian sale priceHomes sold
2026 (through November 1, 2026)$630,000147
2025$583,500158
2024$612,450138
2023$600,000157
2022$640,000179
2021$501,000271
2020$395,000235
2019$380,000219
2018$360,000226
2017$319,000172
2016$325,000128

Source: ARMLS via Flexmls. Closed residential sales by calendar year, calculated by Arizona Luxury Partners.

What the numbers mean right now

Our read on the market, for buyers and for sellers.

Over the past 12 months, 178 homes with a New River 85087 address sold, and 5% of them closed at $1 million or more. Today 59 are listed for sale, and 38 of those have already had a price change.

Pricing is where homes win or sit. 33 of last year's sales, or 19%, went under contract within 30 days, at about 98% of list price on average. 46, or 26%, 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 4% below its original list price, so there is room to negotiate on homes that have been listed a while.
  • 47% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
  • Compare a home against recent sales in the same neighborhood and price range, not the whole ZIP code.
  • Get pre-approved first so you can act quickly when the right home comes up.

If you are selling

  • Your first month matters most. Homes that sold within 30 days closed at about 98% 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 sales in your own neighborhood, and show how your home compares on size, lot, and updates.
  • We can show you the exact sales we would use to price your home.

Get a New River 85087 home value

About New River 85087

How ZIP 85087 compares with the rest of New River.

ZIP code 85087 covers nearly all New River home sales in the MLS. Over the past 12 months it accounted for 178 of the 178 New River home sales, or about 100%, at a median price of $625,950, the same as the New River median of $625,950.

City
New River, Arizona (MLS mailing city)
ZIP code
85087
Median home size sold
2,328 square feet over the past 12 months
Share of New River sales
100% of the 178 closed sales over the past 12 months
Listings at $1 million or more
6 of 59 active listings
Listings with a price change
38 of 59 active listings

See all New River homes for sale and city-wide market data

Nearby ZIP codes

Compare New River 85087 with nearby ZIP codes.

All New River homes for sale

New River 85087 questions, answered

How much do homes cost in New River 85087?

The median sale price was $625,950 for the 178 homes, condos, and townhomes with a New River 85087 address that sold from November 1, 2025 to November 1, 2026, or $275 per square foot. Homes listed for sale on November 1, 2026 had a median list price of $699,000.

How many homes are for sale in New River 85087 right now?

As of November 1, 2026, 59 homes, condos, and townhomes with a New River 85087 address were listed for sale in the MLS. The search on this page updates continuously, so it always shows the current count.

How fast do homes sell in New River 85087?

Homes that sold over the past 12 months spent a median of 70 days on the market and closed at a median of 98.21% of their final list price, or 96.27% of their original list price.

Is New River 85087 a buyer's market or a seller's market?

With 59 listings today and about 15 sales a month over the past year, New River 85087 has about 4.0 months of supply, which is close to balanced. Conditions vary a lot by price range and neighborhood, so ask us for the numbers on the homes you are considering.

How common are seller concessions in New River 85087?

83 of the 178 closed sales, or 47%, 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 $12,900.

How many listings actually sell in New River 85087?

Of the 259 listings that left the market over the past 12 months, 178 closed and 81 were cancelled or expired, a listing success rate of 69%. A listing that was cancelled and then relisted counts as cancelled.

How have New River 85087 home prices changed over the past 10 years?

The median sale price for homes with a New River 85087 address was $325,000 in 2016 and $583,500 in 2025, up 80%. The highest yearly median in that span was $640,000 in 2022. So far this year, through November 1, 2026, the median is $630,000.

How does this page define New River 85087?

Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, whose MLS city is New River and whose ZIP code is 85087, in Maricopa County. The MLS city is the mailing address city, which does not always match city limits. Figures were calculated by Arizona Luxury Partners from ARMLS data on November 1, 2026.

Thinking about New River 85087?

Your vision, your home, our expertise.

Tell us what you are looking for and we will send new New River 85087 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

Kyle HermannAssociate Broker | Realtor®
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
Cheryl SolanoCRS® | Realtor®
480.518.0181
cheryl@azluxurypartners.com
License SA541911000
Meet Cheryl
Art BuckAssociate Broker | Realtor® | CCIM
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art

Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties

Sources

  1. ARMLS via Flexmls. Residential closed sales November 1, 2025 to November 1, 2026, and active listings on November 1, 2026, for listings whose MLS city is New River and ZIP code is 85087, in Maricopa County. Medians and months of supply calculated by Arizona Luxury Partners.
  2. ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through November 1, 2026, for listings whose MLS city is New River and ZIP code is 85087, in Maricopa County, 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.