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Central City

PHOENIX, AZ 85001

Real Estate Market Report  ·  Maricopa County
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85001

Central City

Market Analysis

Data as of September 2026. Source: Realtor.com.

The PHOENIX, AZ real estate market (85001) currently shows 3 active listings, with 1 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 29 days on market compared to 9 days last year.

The median listing price has risen 226.4% year-over-year, from $484,990 to $1,582,995.

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Market Context

Market Context

Population: 0  ·  Density: 0.0/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 0.0%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$1,582,995
⇧ 226.4% vs $484,990 last year
Average Price
$1,582,995
⇧ 226.4% vs $484,990 last year
Days on Market
29
⇧ 222.2% vs 9 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 29 now vs 9 last year

Median & Average Pricing

Year over Year
  • Median: $1,582,995 (+226.4% YoY)
  • Average: $1,582,995 (+226.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.2 miles — 1,339 listings ($898,102,599 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85001Phoenix, AZ 850010.0 mi3$4,748,985$1,582,995$1,582,995
85003Phoenix, AZ 850030.5 mi80$72,620,960$762,444$907,762
85006Phoenix, AZ 850061.7 mi71$37,346,710$495,750$526,010
85009Phoenix, AZ 850093.3 mi68$24,784,776$325,000$364,482
85012Phoenix, AZ 850124.0 mi79$47,007,449$517,225$595,031
85013Phoenix, AZ 850134.3 mi97$55,293,298$429,750$570,034
85016Phoenix, AZ 850164.7 mi292$297,765,540$610,000$1,019,745
85041Phoenix, AZ 850414.9 mi146$74,166,102$424,250$507,987
85019Phoenix, AZ 850196.0 mi56$17,947,888$349,250$320,498
85031Phoenix, AZ 850316.5 mi52$16,985,072$344,975$326,636
85035Phoenix, AZ 850357.4 mi68$22,861,056$336,000$336,192
85021Phoenix, AZ 850217.8 mi117$94,946,553$623,675$811,509
85020Phoenix, AZ 850208.2 mi210$131,628,210$422,000$626,801

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85001?

As of September 2026, there are 3 active listings in PHOENIX, AZ (zip code 85001), compared to 2 the prior year.

What is the median home price in PHOENIX, AZ 85001?

The median listing price in PHOENIX, AZ 85001 is $1,582,995 as of September 2026, a 226.4% increase from $484,990 the prior year.

How long do homes stay on the market in PHOENIX, AZ?

Homes in PHOENIX, AZ 85001 spend an average of 29 days on the market before going under contract, compared to 9 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85001?

Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85001 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 29 days on market compared to 9 days last year.

How much can I save on real estate commission in PHOENIX, AZ?

With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85001 save an estimated $31,660 compared to a typical 5% commission on the median listing price of $1,582,995. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.