Phoenix, Arizona · Maricopa County

Foreclosed Homes in Phoenix and Distressed Properties for Sale

Most investors in Phoenix chase the same bank-owned listings. ForeclosuresDaily.com tracks the earlier signals instead, such as probate filings, missed payments, and tax delinquency, so you can reach motivated sellers before your competition.

Pre-foreclosureProbate & pre-probateDivorceTax delinquentAbsentee owners

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Phoenix, Arizona distressed properties map by area and ZIP code
$499,000
Median listing price (down 4.3%)
28,244
Active listings in Maricopa County
67 days
Average time on market
$1,749
Median rent (down 0.8%)

Market data: Realtor.com Maricopa County housing market, October 2026. Zillow Home Value Index for Maricopa County: $456,252 (down 1% from a year earlier), August 2026. View homes on Zillow.

Carolynn Castillo, ForeclosuresDaily.com customer

Customer review 1 of 8Featured success story

Listed and sold 25 properties and personally bought and sold four fix-and-flip properties, all generated from probate leads.

Carolynn Castillo

Realtor & Broker · eXp Realty

Distressed real estate for sale

What is a distressed property?

A distressed property is a home whose owner is under pressure to sell. Usually, the cause is a life event, such as a missed mortgage payment, a death in the family, a divorce, unpaid property taxes, or repairs the owner cannot afford.

The median listing price in Phoenix is near $500,000, so a few points of discount decide whether a flip pays. Generally, those points come from motivated sellers whose property is not publicly advertised for sale and not listed on the Multiple Listing Service (MLS). Because there is less competition, you can negotiate wholesale pricing instead of bidding against retail buyers.

Phoenix sits in Maricopa County, Arizona. Also, the ZIP codes with the most homes for sale today are 85016, 85037, and 85041.

Phoenix real estate investors finding off-market deals
Shannon Thompson, ForeclosuresDaily.com customer

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Shannon Thompson

Investor · Joe Homebuyer of Atlanta

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Step-by-step

How to find distressed properties in Phoenix

Foreclosure listing sites show homes after the bank or auction is involved. Therefore, to find a deal first, work earlier in the timeline:

Pick your ZIP codes

Initially, start with a few Phoenix ZIP codes where you know values and have cash buyers ready.

Choose lead types

Next, pick your leads, because probate, pre-foreclosure, divorce, code violation, and tax delinquency leads each signal a different reason to sell.

Use fresh data

Then use ForeclosuresDaily fresh leads, which are updated daily, so that you reach owners before other investors mail them.

Target your marketing

In addition, data targeting your marketing means mail, calls, and texts go only to owners with a real reason to sell.

Run the numbers

After that, estimate the after-repair value (ARV) from nearby sales, and then apply the 70% Rule.

Make a fair offer

Finally, solve the seller’s problem with a quick, as-is cash close, then wholesale or flip the property.

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Andrew Litchfield

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Anthony Coletti

Real estate investor

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Find a deal

ARV and the 70% Rule for Phoenix flips

Real estate flippers and wholesalers use the after-repair value (ARV) to set their maximum offer. For example, the 70% Rule says to pay no more than 70% of ARV, minus repairs. As a result, that margin covers holding costs, closing costs, and profit for property flipping, or your assignment fee when you wholesale.

For instance, here is the math using the Maricopa County median listing price as the ARV and an 8% repair budget.

70% Rule example

ARV$499,000
70% of ARV$349,300
Estimated repairs− $40,000
Maximum offer$309,300
Jeremy Resmer, ForeclosuresDaily.com customer

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Jeremy Resmer

Webinar host

Jeremy Resmer hosted a ForeclosuresDaily.com monthly webinar for real estate investors.

Zip codes

Phoenix ZIP codes to target

Each Phoenix ZIP code has its own price point and pace. Next, choose a ZIP code from the menu to open its investing data, and then match the area to your strategy.

Camelback EastZIP 85008$417,500Negotiate

85008 market snapshot

$417,500 ▼ 22.3%Median listing price
$302Price per sq ft
65 days ▲ 21.1%Days on market
$1,470 ▼ 2.3%Median rent
154 ▲ 18.7%Active listings
4.2%Gross rent yield

In addition, the Zillow Home Value Index is $373,676 (down 0.7% from a year earlier) as of August 2026.

Meanwhile, the median price is down 22.3% from a year earlier, and inventory is up 18.7%. As a result, softer pricing gives you room to negotiate with motivated sellers.

Max offer when the ARV equals the median price$417,500 × 70% − $33,000 repairs = $259,250 max offer

Also see the full 85008 market report on Realtor.com →Then view 85008 homes on Zillow →

Camelback EastZIP 85014$419,500Negotiate

85014 market snapshot

$419,500 ▼ 21.1%Median listing price
$303Price per sq ft
75 days ▲ 27.9%Days on market
$1,590 ▼ 0.3%Median rent
123 ▼ 12.9%Active listings
4.5%Gross rent yield

In addition, the Zillow Home Value Index is $442,128 (down 0.8% from a year earlier) as of August 2026.

Homes sit longer here than elsewhere, so long market times create motivated sellers. Meanwhile, the median price is down 21.1% from a year earlier, and inventory is down 12.9%. Therefore, sellers here are adjusting to slower demand, so offers below asking get a hearing.

Max offer when the ARV equals the median price$419,500 × 70% − $34,000 repairs = $259,650 max offer

Also see the full 85014 market report on Realtor.com →Then view 85014 homes on Zillow →

Camelback EastZIP 85016$549,450Negotiate

85016 market snapshot

$549,450 ▼ 8.4%Median listing price
$354Price per sq ft
74 days ▼ 7.5%Days on market
$1,657 ▼ 2.2%Median rent
271 ▲ 5%Active listings
3.6%Gross rent yield

In addition, the Zillow Home Value Index is $519,914 (up 1% from a year earlier) as of August 2026.

Prices per square foot run higher here than anywhere else on this list. Meanwhile, the median price is down 8.4% from a year earlier, and inventory is up 5%. For this reason, use the extra time on market to negotiate repairs into your price.

Max offer when the ARV equals the median price$549,450 × 70% − $44,000 repairs = $340,615 max offer

Also see the full 85016 market report on Realtor.com →Then view 85016 homes on Zillow →

North MountainZIP 85021$499,900Negotiate

85021 market snapshot

$499,900 ▼ 23.1%Median listing price
$308Price per sq ft
73 days ▲ 1.4%Days on market
$1,212 ▼ 6.8%Median rent
164 ▼ 1.7%Active listings
2.9%Gross rent yield

In addition, the Zillow Home Value Index is $433,115 (down 0.6% from a year earlier) as of August 2026.

Meanwhile, the median price is down 23.1% from a year earlier.

Max offer when the ARV equals the median price$499,900 × 70% − $40,000 repairs = $309,930 max offer

Also see the full 85021 market report on Realtor.com →Then view 85021 homes on Zillow →

Deer ValleyZIP 85023$437,000Negotiate

85023 market snapshot

$437,000 ▼ 6%Median listing price
$269Price per sq ft
52 days ▼ 3.7%Days on market
$1,229 ▼ 6.2%Median rent
117 ▼ 11.1%Active listings
3.4%Gross rent yield

In addition, the Zillow Home Value Index is $416,403 (down 1.4% from a year earlier) as of August 2026.

Homes sell faster here than anywhere else on the list. Meanwhile, the median price is down 6% from a year earlier, and inventory is down 11.1%.

Max offer when the ARV equals the median price$437,000 × 70% − $35,000 repairs = $270,900 max offer

Also see the full 85023 market report on Realtor.com →Then view 85023 homes on Zillow →

MaryvaleZIP 85037$382,500Flip & wholesale

85037 market snapshot

$382,500 ▲ 2.9%Median listing price
$232Price per sq ft
61 days ▲ 31.9%Days on market
$1,597 ▼ 9.3%Median rent
245 ▲ 3.3%Active listings
5.0%Gross rent yield

In addition, the Zillow Home Value Index is $350,899 (down 1.5% from a year earlier) as of August 2026.

Meanwhile, the median price is up 2.9% from a year earlier, and inventory is up 3.3%. Because of this, lower prices keep your cash needs small for wholesale deals and light flips.

Max offer when the ARV equals the median price$382,500 × 70% − $31,000 repairs = $236,750 max offer

Also see the full 85037 market report on Realtor.com →Then view 85037 homes on Zillow →

South MountainZIP 85041$424,995Negotiate

85041 market snapshot

$424,995 ▼ 0.9%Median listing price
$228Price per sq ft
63 days ▲ 11.1%Days on market
$2,065 ▼ 2.8%Median rent
203 ▼ 0.5%Active listings
5.8%Gross rent yield

In addition, the Zillow Home Value Index is $365,920 (down 1.7% from a year earlier) as of August 2026.

Rents are high compared with prices here, especially for buy-and-hold investors. Meanwhile, the median price is down 0.9% from a year earlier.

Max offer when the ARV equals the median price$424,995 × 70% − $34,000 repairs = $263,497 max offer

Also see the full 85041 market report on Realtor.com →Then view 85041 homes on Zillow →

Ahwatukee FoothillsZIP 85044$475,000Wholesale

85044 market snapshot

$475,000 ▼ 3%Median listing price
$296Price per sq ft
52 days ▼ 27.1%Days on market
$1,567 ▼ 1.1%Median rent
130 ▼ 0.7%Active listings
4.0%Gross rent yield

In addition, the Zillow Home Value Index is $473,658 (down 0.1% from a year earlier) as of August 2026.

Meanwhile, the median price is down 3% from a year earlier. Consequently, prices sit near the area median, so focus on deep discounts from off-market sellers.

Max offer when the ARV equals the median price$475,000 × 70% − $38,000 repairs = $294,500 max offer

Also see the full 85044 market report on Realtor.com →Then view 85044 homes on Zillow →

Ahwatukee FoothillsZIP 85048$579,000Negotiate

85048 market snapshot

$579,000 ▼ 3.1%Median listing price
$299Price per sq ft
71 days ▲ 9.2%Days on market
$1,701 ▼ 5.3%Median rent
135 ▼ 5.4%Active listings
3.5%Gross rent yield

In addition, the Zillow Home Value Index is $578,277 (down 0.1% from a year earlier) as of August 2026.

Median prices are higher here than anywhere else on this list, so one deal can carry a big margin. Meanwhile, the median price is down 3.1% from a year earlier, and inventory is down 5.4%.

Max offer when the ARV equals the median price$579,000 × 70% − $46,000 repairs = $359,300 max offer

Also see the full 85048 market report on Realtor.com →Then view 85048 homes on Zillow →

North MountainZIP 85051$350,000Negotiate

85051 market snapshot

$350,000 ▼ 6.6%Median listing price
$228Price per sq ft
54 days ▼ 6.9%Days on market
$1,281 ▼ 1.5%Median rent
114 ▼ 3.2%Active listings
4.4%Gross rent yield

In addition, the Zillow Home Value Index is $343,742 (down 1.1% from a year earlier) as of August 2026.

Entry prices are lower here than in the rest of the group, so it fits wholesaling and first flips. Meanwhile, the median price is down 6.6% from a year earlier, and inventory is down 3.2%.

Max offer when the ARV equals the median price$350,000 × 70% − $28,000 repairs = $217,000 max offer

Also see the full 85051 market report on Realtor.com →Then view 85051 homes on Zillow →

Choose a ZIP code from the menu to see its investing data, then compare markets. Market data: Realtor.com, October 2026, and Zillow Home Value Index, August 2026. Also, gross rent yield is 12 months of median rent divided by the median listing price; the 70% Rule example assumes repairs of 8% of the median price.

Antonio Stringfield, ForeclosuresDaily.com customer

Customer review 6 of 8

Antonio Stringfield

Probate investor · Los Angeles

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Nancy Wallace-Laab

Investor · nearly 20 years

Nancy focuses on the best outcome for both the seller and the investor, drawing on nearly 20 years of real estate investing experience.

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Customer review 8 of 8

Phillip Warrick

Full-time investor since 2003

Full-time real estate investor since 2003, with over 20 years of experience.

FAQ

Phoenix foreclosure and distressed property questions

How do I find distressed properties for sale in Phoenix?

Initially, start with public-record signals such as pre-foreclosure, probate, divorce, and tax delinquency. ForeclosuresDaily.com gathers these records daily, so that you can contact Phoenix owners before the home is listed or sent to auction.

Where can I find foreclosed homes in Phoenix?

Bank-owned and auction homes appear on sites like Realtor.com, Zillow, and Auction.com. However, off-market pre-foreclosure leads let you reach owners earlier, while they can still sell on their own terms.

Which ZIP codes have the lowest entry prices?

Among the ZIP codes in this guide, the lowest median listing prices are in 85051 (North Mountain) at $350,000, 85037 (Maryvale) at $382,500, and 85008 (Camelback East) at $417,500, based on Realtor.com data from October 2026.

Where do homes sell fastest?

ZIP code 85023 has the shortest average time on market in this guide, at 52 days. As a result, fast markets reward investors who can reach owners before a home is listed.

How do I find distressed properties for wholesale profit?

First of all, focus on owners with equity and a reason to sell quickly. Then run the 70% Rule, and finally line up cash buyers before you sign a contract you plan to assign.

Get Phoenix distressed property leads today

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