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Alhambra Aristocrat Trailer Park Encanto

PHOENIX, AZ 85012

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

Neighborhoods in ZIP 85012

Alhambra · Aristocrat Trailer Park · Encanto

Market Analysis

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

The PHOENIX, AZ real estate market (85012) currently shows 91 active listings, with 18 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 45 days last year.

The median listing price has fallen 11.7% year-over-year, from $568,967 to $502,500.

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: 7,871  ·  Density: 1,348.1/mi²  ·  Median household income: $74,435

Typical home value: $633,136  ·  Homeownership: 42.5%

Market Overview

Active Listings
91
⇧ 19.7% vs 76 last year
Pending
18
20% pending ratio
Median Price
$502,500
⇩ 11.7% vs $568,967 last year
Average Price
$668,134
⇩ 14.3% vs $779,926 last year
Days on Market
58
⇧ 28.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$380
⇩ 16.1% vs $453/sqft last year
Median Home Size
1,238 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 91 this year vs 76 last year
  • Days on market: 58 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $502,500 (-11.7% YoY)
  • Average: $668,134 (-14.3% 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 7.4 miles — 1,632 listings ($1,559,244,462 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85012Phoenix, AZ 850120.0 mi79$47,007,449$517,225$595,031
85014Phoenix, AZ 850140.8 mi154$93,372,202$449,500$606,313
85016Phoenix, AZ 850162.3 mi292$297,765,540$610,000$1,019,745
85006Phoenix, AZ 850063.2 mi71$37,346,710$495,750$526,010
85021Phoenix, AZ 850213.9 mi117$94,946,553$623,675$811,509
85001Phoenix, AZ 850014.0 mi3$4,748,985$1,582,995$1,582,995
85020Phoenix, AZ 850204.3 mi210$131,628,210$422,000$626,801
85018Phoenix, AZ 850184.5 mi311$648,009,241$1,100,000$2,083,631
85009Phoenix, AZ 850095.4 mi68$24,784,776$325,000$364,482
85031Phoenix, AZ 850315.7 mi52$16,985,072$344,975$326,636
85028Phoenix, AZ 850286.3 mi87$90,820,257$676,500$1,043,911
85029Phoenix, AZ 850296.5 mi129$50,449,578$379,000$391,082
85040Phoenix, AZ 850407.4 mi59$21,379,889$347,000$362,371

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85012?

As of March 2026, there are 91 active listings in PHOENIX, AZ (zip code 85012), compared to 76 the prior year.

What is the median home price in PHOENIX, AZ 85012?

The median listing price in PHOENIX, AZ 85012 is $502,500 as of March 2026, a 11.7% decrease from $568,967 the prior year.

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

Homes in PHOENIX, AZ 85012 spend an average of 58 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85012?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85012 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 45 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 85012 save an estimated $10,050 compared to a typical 5% commission on the median listing price of $502,500. 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.