Central City · Downtown · Encanto
Data as of September 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85007) currently shows 47 active listings, with 9 pending sales. Homes are averaging 71 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 71 days on market compared to 61 days last year.
The median listing price has fallen 23% year-over-year, from $621,950 to $478,747.
Population: 13,939 · Density: 1,169.0/mi² · Median household income: $50,490
Typical home value: $358,473 · Homeownership: 39.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85007 | Phoenix, AZ 85007 | 0.0 mi | 56 | $41,195,616 | $598,000 | $735,636 |
| 85004 | Phoenix, AZ 85004 | 1.2 mi | 55 | $37,055,975 | $523,748 | $673,745 |
| 85009 | Phoenix, AZ 85009 | 2.1 mi | 68 | $24,784,776 | $325,000 | $364,482 |
| 85034 | Phoenix, AZ 85034 | 4.2 mi | 10 | $5,685,400 | $426,975 | $568,540 |
| 85012 | Phoenix, AZ 85012 | 4.3 mi | 79 | $47,007,449 | $517,225 | $595,031 |
| 85013 | Phoenix, AZ 85013 | 4.4 mi | 97 | $55,293,298 | $429,750 | $570,034 |
| 85017 | Phoenix, AZ 85017 | 4.7 mi | 77 | $20,184,318 | $291,200 | $262,134 |
| 85019 | Phoenix, AZ 85019 | 5.3 mi | 56 | $17,947,888 | $349,250 | $320,498 |
| 85031 | Phoenix, AZ 85031 | 5.6 mi | 52 | $16,985,072 | $344,975 | $326,636 |
| 85043 | Phoenix, AZ 85043 | 6.2 mi | 84 | $32,637,276 | $385,000 | $388,539 |
| 85042 | Phoenix, AZ 85042 | 6.5 mi | 156 | $93,076,464 | $500,000 | $596,644 |
| 85033 | Phoenix, AZ 85033 | 7.7 mi | 102 | $31,918,758 | $335,750 | $312,929 |
| 85021 | Phoenix, AZ 85021 | 7.9 mi | 117 | $94,946,553 | $623,675 | $811,509 |
As of September 2026, there are 47 active listings in PHOENIX, AZ (zip code 85007), compared to 48 the prior year.
The median listing price in PHOENIX, AZ 85007 is $478,747 as of September 2026, a 23% decrease from $621,950 the prior year.
Homes in PHOENIX, AZ 85007 spend an average of 71 days on the market before going under contract, compared to 61 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85007 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 71 days on market compared to 61 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85007 save an estimated $9,575 compared to a typical 5% commission on the median listing price of $478,747. 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.