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Camelback East Central City Central Phoenix Starlite Trailer Park

PHOENIX, AZ 85008

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

Neighborhoods in ZIP 85008

Camelback East · Central City · Central Phoenix · Starlite Trailer Park

Market Analysis

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

The PHOENIX, AZ real estate market (85008) currently shows 135 active listings, with 23 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.

Homes are selling faster, averaging 49 days on market compared to 52 days last year.

The median listing price has fallen 19.3% year-over-year, from $497,650 to $401,500.

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 Context

Market Context

Population: 61,759  ·  Density: 2,330.7/mi²  ·  Median household income: $57,728

Typical home value: $305,235  ·  Homeownership: 28.8%

Market Overview

Active Listings
135
⇧ 42.1% vs 95 last year
Pending
23
17% pending ratio
Median Price
$401,500
⇩ 19.3% vs $497,650 last year
Average Price
$502,075
⇩ 14.9% vs $590,273 last year
Days on Market
49
⇩ 5.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$304
⇩ 7.6% vs $329/sqft last year
Median Home Size
1,319 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 135 this year vs 95 last year
  • Days on market: 49 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $401,500 (-19.3% YoY)
  • Average: $502,075 (-14.9% 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 — 1,643 listings ($1,066,706,048 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85008Phoenix, AZ 850080.0 mi111$56,050,338$399,000$504,958
85006Phoenix, AZ 850063.5 mi71$37,346,710$495,750$526,010
85016Phoenix, AZ 850164.0 mi292$297,765,540$610,000$1,019,745
85257Scottsdale, AZ 852574.2 mi190$110,142,240$642,000$579,696
85040Phoenix, AZ 850404.6 mi59$21,379,889$347,000$362,371
85004Phoenix, AZ 850044.8 mi55$37,055,975$523,748$673,745
85003Phoenix, AZ 850035.3 mi80$72,620,960$762,444$907,762
85282Tempe, AZ 852825.7 mi118$55,042,752$472,450$466,464
85007Phoenix, AZ 850076.1 mi56$41,195,616$598,000$735,636
85013Phoenix, AZ 850136.4 mi97$55,293,298$429,750$570,034
85015Phoenix, AZ 850157.3 mi148$58,108,056$357,475$392,622
85042Phoenix, AZ 850428.1 mi156$93,076,464$500,000$596,644
85020Phoenix, AZ 850208.2 mi210$131,628,210$422,000$626,801

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85008?

As of April 2026, there are 135 active listings in PHOENIX, AZ (zip code 85008), compared to 95 the prior year.

What is the median home price in PHOENIX, AZ 85008?

The median listing price in PHOENIX, AZ 85008 is $401,500 as of April 2026, a 19.3% decrease from $497,650 the prior year.

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

Homes in PHOENIX, AZ 85008 spend an average of 49 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85008?

Based on current inventory and days-on-market data as of April 2026, PHOENIX, AZ 85008 is currently a Balanced Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 52 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 85008 save an estimated $8,030 compared to a typical 5% commission on the median listing price of $401,500. 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.