Data as of January 2026. Source: Realtor.com.
The Phoenix, AZ real estate market currently shows 4,697 active listings, with 1,085 pending sales. Homes are averaging 74.7 days on the market before going under contract.
Inventory has increased compared to last year, with 717 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 74.7 days on market compared to 65.2 days last year.
The median listing price has fallen 5.8% year-over-year, from $562,904 to $530,488.
Whether you are buying or selling in Phoenix, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Phoenix: 85001, 85002, 85003, 85004, 85005, 85006, 85007, 85008, 85009, 85010, 85011, 85012
ZIP coverage: 70 · Population: 1,447,391 · Median household income: $71,726
Typical home value: $337,699 · Homeownership rate: 55%