North Central / Madison market snapshot
Source: [MLS/IDX feed], pulled [date]
$600K–$1M+Median price rangeEstimate — verify
$350–$450Price / sq ftEstimate — verify
40–55Days on marketEstimate — verify
$0 (mostly none)HOA / moEstimate — verify
The essentials
ZIP codes
85012, 85014, 85016
Housing stock
1930s–60s established homes plus infill
New vs. resale
Mostly resale
Commute
~10 min to Midtown / Downtown
Schools
This area is associated with Madison Elem; Central HS. I don't rate schools in my own voice — fit depends on your family and the specific assigned campus for an address. Review current ratings and report cards from neutral sources:
Lifestyle & amenities
Dining
Windsor, Federal Pizza, Central Ave spots
Recreation
Murphy Bridle Path, Phoenix Mtns Preserve
Things to do
Murphy's Bridle Path, North Mountain
Short-term rentals
Short-term rental status here: Limited under City of Phoenix rules. These rules change and can vary by property and city, so confirm current requirements for a specific address before counting on rental income.
The honest trade-offs
Every area has them, and naming them up front saves everyone time:
- Older homes and systems; review roof, electrical, plumbing, and HVAC condition.
- Premium pricing for the Madison Elementary attendance area.
- Inventory is often tight.
Frequently asked
What's the median home price in North Central / Madison?
Based on early-2026 market reports, prices run roughly $600K–$1M+, with price per square foot around $350–$450. These figures move with the market — verify against current MLS listings before relying on them.
What kind of homes are in North Central / Madison?
The housing stock is largely 1930s–60s established homes plus infill (mostly resale).
Are short-term rentals allowed in North Central / Madison?
Short-term rental status here: limited under city of phoenix rules. These rules change and can vary by property — confirm current requirements for the specific address before buying.
Which schools serve North Central / Madison?
The area is associated with Madison Elem; Central HS. Review current ratings and report cards through the Arizona Department of Education and GreatSchools, and confirm the assigned campus for a specific address.
Explore more
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