Data as of March 2026. Source: Realtor.com.
The Phoenix, AZ real estate market currently shows 5,432 active listings, with 1,539 pending sales. Homes are averaging 51.8 days on the market before going under contract.
Inventory has increased compared to last year, with 425 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 51.8 days on market compared to 47.3 days last year.
The median listing price has fallen 11% year-over-year, from $607,684 to $540,969.
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.
Population: 1,447,391 · Density: 1,899.1/mi² · Median household income: $71,726
Typical home value: $337,699 · Homeownership: 55%
Phoenix: 85001, 85004, 85023, 85032, 85040, 85043, 85044, 85045, 85046, 85048, 85050, 85051
Camelback East: 85008, 85010, 85011, 85014, 85018, 85038
Alhambra: 85012, 85013, 85015, 85017, 85019
North Garfield: 85002, 85006, 85030
Rose Lane Trailer Park: 85005, 85009
Colony Biltmore IV: 85016
Wabash Trailer Court: 85020
El Camino Dr.: 85021
Greentrails: 85022
Paradise Valley: 85024
Tovrea: 85026