Home/Paradise Valley homes for sale/ZIP 85253

The short answer

As of October 31, 2026, there are 230 homes, condos, and townhomes listed for sale in Paradise Valley 85253, with a median list price of $5,225,000. Over the past 12 months, 415 homes sold at a median price of $3,800,000, or $850 per square foot, after a median of 63 days on market. Homes closed at a median of 96.00% of their final list price. With about 6.7 months of supply, the market is leaning toward buyers.

Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes with a Paradise Valley address in ZIP 85253 in the MLS, as explained in the FAQ below.

The Paradise Valley 85253 market, by the numbers

Closed residential sales, October 31, 2025 to October 31, 2026.

415
Homes sold in the past 12 months
$3,800,000
Median sale price
$850
Median price per square foot
63 days
Median days on market
96.00%
Median sale to final list price
93.14%
Median sale to original list price
230
Homes for sale today
6.7
Months of supply
88%
Sales at $1 million or more
14%
Closed sales with a seller concession
$15,000
Median seller concession, sales that had one
53%
Listing success rate

Months of supply is today's 230 listings divided by the 12 month average of about 35 sales per month. 367 of the 415 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: 415 closed and 367 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.

Paradise Valley 85253 median sale price, 10 years

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

Paradise Valley 85253 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 $500K $1M $1.5M $2M $2.5M $3M $3.5M $4M $4.5M 2016: $1,177,500 median, 410 sales 2016 $1.18M 2017: $1,312,500 median, 516 sales 2017 2018: $1,425,000 median, 535 sales 2018 2019: $1,432,500 median, 546 sales 2019 2020: $1,722,500 median, 644 sales 2020 2021: $2,300,000 median, 738 sales 2021 2022: $2,999,900 median, 425 sales 2022 2023: $2,922,500 median, 392 sales 2023 2024: $3,000,000 median, 355 sales 2024 2025: $3,550,000 median, 417 sales 2025 $3.55M 2026 year to date: $3,993,825 median, 348 sales 2026 YTD $3.99M

The median sale price for homes with a Paradise Valley 85253 address went from $1,177,500 in 2016 to $3,550,000 in 2025, up 201%. So far this year, through October 31, 2026, the median is $3,993,825. 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 October 31, 2026)$3,993,825348
2025$3,550,000417
2024$3,000,000355
2023$2,922,500392
2022$2,999,900425
2021$2,300,000738
2020$1,722,500644
2019$1,432,500546
2018$1,425,000535
2017$1,312,500516
2016$1,177,500410

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, 415 homes with a Paradise Valley 85253 address sold, and 88% of them closed at $1 million or more. Today 230 are listed for sale, and 87 of those have already had a price change.

Pricing is where homes win or sit. 128 of last year's sales, or 31%, went under contract within 30 days, at about 97% of list price on average. 113, or 27%, took more than 120 days, and those closed at about 86% of their original list price on average.

If you are buying

  • The typical home sold about 7% below its original list price, so there is room to negotiate on homes that have been listed a while.
  • 14% 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 97% of list price on average.
  • Homes that sat more than 120 days closed at about 86% 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 Paradise Valley 85253 home value

About Paradise Valley 85253

How ZIP 85253 compares with the rest of Paradise Valley.

ZIP code 85253 covers nearly all Paradise Valley home sales in the MLS. Over the past 12 months it accounted for 415 of the 415 Paradise Valley home sales, or about 100%, at a median price of $3,800,000, the same as the Paradise Valley median of $3,800,000.

City
Paradise Valley, Arizona (MLS mailing city)
ZIP code
85253
Median home size sold
4,428 square feet over the past 12 months
Share of Paradise Valley sales
100% of the 415 closed sales over the past 12 months
Listings at $1 million or more
198 of 230 active listings
Listings with a price change
87 of 230 active listings

See all Paradise Valley homes for sale and city-wide market data

Paradise Valley 85253 homes we have helped clients buy and sell

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A collection of our sold properties

Nearby ZIP codes

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Paradise Valley 85253 questions, answered

How much do homes cost in Paradise Valley 85253?

The median sale price was $3,800,000 for the 415 homes, condos, and townhomes with a Paradise Valley 85253 address that sold from October 31, 2025 to October 31, 2026, or $850 per square foot. Homes listed for sale on October 31, 2026 had a median list price of $5,225,000.

How many homes are for sale in Paradise Valley 85253 right now?

As of October 31, 2026, 230 homes, condos, and townhomes with a Paradise Valley 85253 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 Paradise Valley 85253?

Homes that sold over the past 12 months spent a median of 63 days on the market and closed at a median of 96.00% of their final list price, or 93.14% of their original list price.

Is Paradise Valley 85253 a buyer's market or a seller's market?

With 230 listings today and about 35 sales a month over the past year, Paradise Valley 85253 has about 6.7 months of supply, which is leaning toward buyers. 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 Paradise Valley 85253?

59 of the 415 closed sales, or 14%, 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 $15,000.

How many listings actually sell in Paradise Valley 85253?

Of the 782 listings that left the market over the past 12 months, 415 closed and 367 were cancelled or expired, a listing success rate of 53%. A listing that was cancelled and then relisted counts as cancelled.

How have Paradise Valley 85253 home prices changed over the past 10 years?

The median sale price for homes with a Paradise Valley 85253 address was $1,177,500 in 2016 and $3,550,000 in 2025, up 201%. So far this year, through October 31, 2026, the median is $3,993,825.

How does this page define Paradise Valley 85253?

Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, whose MLS city is Paradise Valley and whose ZIP code is 85253. 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 October 31, 2026.

Thinking about Paradise Valley 85253?

Your vision, your home, our expertise.

Tell us what you are looking for and we will send new Paradise Valley 85253 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 October 31, 2025 to October 31, 2026, and active listings on October 31, 2026, for listings whose MLS city is Paradise Valley and ZIP code is 85253. Medians and months of supply calculated by Arizona Luxury Partners.
  2. ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through October 31, 2026, for listings whose MLS city is Paradise Valley and ZIP code is 85253, 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.