Population: 7,871 · Density: 1,348.1/mi² · Median household income: $74,435
Typical home value: $633,136 · Homeownership: 42.5%
Data as of January 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85012) currently shows 64 active listings, with 9 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 43 days last year.
The median listing price has fallen 6.7% year-over-year, from $568,175 to $530,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85012 | Phoenix, AZ 85012 | 0.0 mi | 64 | $40,171,072 | $530,000 | $627,673 |
| 85014 | Phoenix, AZ 85014 | 0.8 mi | 154 | $92,287,580 | $460,000 | $599,270 |
| 85016 | Phoenix, AZ 85016 | 2.3 mi | 262 | $266,279,770 | $595,000 | $1,016,335 |
| 85006 | Phoenix, AZ 85006 | 3.2 mi | 62 | $31,024,986 | $485,000 | $500,403 |
| 85021 | Phoenix, AZ 85021 | 3.9 mi | 109 | $92,793,444 | $600,000 | $851,316 |
| 85001 | Phoenix, AZ 85001 | 4.0 mi | 2 | $5,558,000 | $2,779,000 | $2,779,000 |
| 85020 | Phoenix, AZ 85020 | 4.3 mi | 177 | $102,834,876 | $396,500 | $580,988 |
| 85018 | Phoenix, AZ 85018 | 4.5 mi | 285 | $584,796,630 | $1,150,000 | $2,051,918 |
| 85009 | Phoenix, AZ 85009 | 5.4 mi | 71 | $24,771,829 | $314,900 | $348,899 |
| 85031 | Phoenix, AZ 85031 | 5.7 mi | 47 | $14,536,019 | $342,450 | $309,277 |
| 85028 | Phoenix, AZ 85028 | 6.3 mi | 80 | $88,792,400 | $704,500 | $1,109,905 |
| 85029 | Phoenix, AZ 85029 | 6.5 mi | 122 | $47,808,140 | $385,000 | $391,870 |
| 85040 | Phoenix, AZ 85040 | 7.4 mi | 59 | $21,554,942 | $354,500 | $365,338 |
As of January 2026, there are 64 active listings in PHOENIX, AZ (zip code 85012), compared to 56 the prior year.
The median listing price in PHOENIX, AZ 85012 is $530,000 as of January 2026, a 6.7% decrease from $568,175 the prior year.
Homes in PHOENIX, AZ 85012 spend an average of 69 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85012 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85012 save an estimated $10,600 compared to a typical 5% commission on the median listing price of $530,000. 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.