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Alhambra

PHOENIX, AZ 85015

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

Market Overview

Active Listings
140
⇧ 64.7% vs 85 last year
Pending
34
24% pending ratio
Median Price
$376,000
⇩ 6% vs $400,000 last year
Average Price
$407,975
⇩ 6.5% vs $436,291 last year
Days on Market
78
⇧ 14.7% vs 68 days last year

Market Context

Population: 42,594  ·  Density: 3,352.5/mi²  ·  Median household income: $47,486

Typical home value: $274,367  ·  Homeownership: 34.3%

Market Analysis

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

The PHOENIX, AZ real estate market (85015) currently shows 140 active listings, with 34 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 55 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 78 days on market compared to 68 days last year.

The median listing price has fallen 6% year-over-year, from $400,000 to $376,000.

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: 140 this year vs 85 last year
  • Days on market: 78 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $376,000 (-6% YoY)
  • Average: $407,975 (-6.5% 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 7.1 miles — 946 listings ($439,522,323 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85015Phoenix, AZ 850150.0 mi140$57,116,500$376,000$407,975
85017Phoenix, AZ 850171.3 mi70$16,965,200$259,000$242,360
85019Phoenix, AZ 850192.4 mi53$17,574,376$360,000$331,592
85021Phoenix, AZ 850213.6 mi109$92,793,444$600,000$851,316
85031Phoenix, AZ 850314.0 mi47$14,536,019$342,450$309,277
85003Phoenix, AZ 850034.3 mi57$52,833,699$769,000$926,907
85006Phoenix, AZ 850064.4 mi62$31,024,986$485,000$500,403
85001Phoenix, AZ 850014.5 mi2$5,558,000$2,779,000$2,779,000
85009Phoenix, AZ 850094.7 mi71$24,771,829$314,900$348,899
85035Phoenix, AZ 850356.0 mi70$23,576,560$337,500$336,808
85029Phoenix, AZ 850296.0 mi122$47,808,140$385,000$391,870
85033Phoenix, AZ 850336.4 mi87$27,868,362$342,000$320,326
85303Glendale, AZ 853037.1 mi56$27,095,208$432,000$483,843

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85015?

As of January 2026, there are 140 active listings in PHOENIX, AZ (zip code 85015), compared to 85 the prior year.

What is the median home price in PHOENIX, AZ 85015?

The median listing price in PHOENIX, AZ 85015 is $376,000 as of January 2026, a 6% decrease from $400,000 the prior year.

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

Homes in PHOENIX, AZ 85015 spend an average of 78 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85015?

Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85015 is currently a Buyer's Market. Inventory has increased compared to last year, with 55 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 78 days on market compared to 68 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 85015 save an estimated $7,520 compared to a typical 5% commission on the median listing price of $376,000. 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.