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Central City

PHOENIX, AZ 85006

Real Estate Market Report  ·  Maricopa County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
62
⇩ 3.1% vs 64 last year
Pending
11
18% pending ratio
Median Price
$485,000
⇩ 1.8% vs $493,750 last year
Average Price
$500,403
⇩ 7.2% vs $539,253 last year
Days on Market
100
⇧ 26.6% vs 79 days last year

Market Context

Population: 24,308  ·  Density: 2,366.1/mi²  ·  Median household income: $54,073

Typical home value: $335,784  ·  Homeownership: 38.7%

Market Analysis

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

The PHOENIX, AZ real estate market (85006) currently shows 62 active listings, with 11 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 100 days on market compared to 79 days last year.

The median listing price has fallen 1.8% year-over-year, from $493,750 to $485,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 64 last year
  • Days on market: 100 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $485,000 (-1.8% YoY)
  • Average: $500,403 (-7.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.6 miles — 2,014 listings ($1,955,786,535 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85006Phoenix, AZ 850060.0 mi62$31,024,986$485,000$500,403
85001Phoenix, AZ 850011.7 mi2$5,558,000$2,779,000$2,779,000
85034Phoenix, AZ 850342.6 mi13$7,292,870$427,000$560,990
85014Phoenix, AZ 850143.1 mi154$92,287,580$460,000$599,270
85016Phoenix, AZ 850163.2 mi262$266,279,770$595,000$1,016,335
85013Phoenix, AZ 850133.7 mi91$51,913,134$430,000$570,474
85015Phoenix, AZ 850154.4 mi140$57,116,500$376,000$407,975
85018Phoenix, AZ 850184.9 mi285$584,796,630$1,150,000$2,051,918
85019Phoenix, AZ 850196.3 mi53$17,574,376$360,000$331,592
85020Phoenix, AZ 850207.1 mi177$102,834,876$396,500$580,988
85281Tempe, AZ 852817.2 mi93$53,890,524$479,950$579,468
85042Phoenix, AZ 850427.3 mi163$93,196,065$465,000$571,755
85251Scottsdale, AZ 852517.6 mi519$592,021,224$619,000$1,140,696

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85006?

As of January 2026, there are 62 active listings in PHOENIX, AZ (zip code 85006), compared to 64 the prior year.

What is the median home price in PHOENIX, AZ 85006?

The median listing price in PHOENIX, AZ 85006 is $485,000 as of January 2026, a 1.8% decrease from $493,750 the prior year.

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

Homes in PHOENIX, AZ 85006 spend an average of 100 days on the market before going under contract, compared to 79 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85006?

Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85006 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 100 days on market compared to 79 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 85006 save an estimated $9,700 compared to a typical 5% commission on the median listing price of $485,000. 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.