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Alhambra Central Phoenix Chris-Town Travel Trailer and Mobile Home Park Encanto Sun n Sand Mobile Home Park

PHOENIX, AZ 85015

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

Neighborhoods in ZIP 85015

Alhambra · Central Phoenix · Chris-Town Travel Trailer and Mobile Home Park · Encanto · Sun n Sand Mobile Home Park

Market Analysis

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

The PHOENIX, AZ real estate market (85015) currently shows 149 active listings, with 29 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 61 days on market compared to 46 days last year.

The median listing price has fallen 4.3% year-over-year, from $392,000 to $375,250.

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

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

Market Overview

Active Listings
149
⇧ 26.3% vs 118 last year
Pending
29
19% pending ratio
Median Price
$375,250
⇩ 4.3% vs $392,000 last year
Average Price
$384,843
⇩ 5.4% vs $406,676 last year
Days on Market
61
⇧ 32.6% vs 46 days last year

Price Per Square Foot

Median $/sqft
$234
⇩ 13% vs $269/sqft last year
Median Home Size
1,498 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 149 this year vs 118 last year
  • Days on market: 61 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $375,250 (-4.3% YoY)
  • Average: $384,843 (-5.4% 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 7.1 miles — 1,045 listings ($488,177,474 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85015Phoenix, AZ 850150.0 mi148$58,108,056$357,475$392,622
85017Phoenix, AZ 850171.3 mi77$20,184,318$291,200$262,134
85019Phoenix, AZ 850192.4 mi56$17,947,888$349,250$320,498
85021Phoenix, AZ 850213.6 mi117$94,946,553$623,675$811,509
85031Phoenix, AZ 850314.0 mi52$16,985,072$344,975$326,636
85003Phoenix, AZ 850034.3 mi80$72,620,960$762,444$907,762
85006Phoenix, AZ 850064.4 mi71$37,346,710$495,750$526,010
85001Phoenix, AZ 850014.5 mi3$4,748,985$1,582,995$1,582,995
85009Phoenix, AZ 850094.7 mi68$24,784,776$325,000$364,482
85035Phoenix, AZ 850356.0 mi68$22,861,056$336,000$336,192
85029Phoenix, AZ 850296.0 mi129$50,449,578$379,000$391,082
85033Phoenix, AZ 850336.4 mi102$31,918,758$335,750$312,929
85303Glendale, AZ 853037.1 mi74$35,274,764$430,500$476,686

Frequently Asked Questions

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

As of March 2026, there are 149 active listings in PHOENIX, AZ (zip code 85015), compared to 118 the prior year.

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

The median listing price in PHOENIX, AZ 85015 is $375,250 as of March 2026, a 4.3% decrease from $392,000 the prior year.

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

Homes in PHOENIX, AZ 85015 spend an average of 61 days on the market before going under contract, compared to 46 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 March 2026, PHOENIX, AZ 85015 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 46 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 $7,505 compared to a typical 5% commission on the median listing price of $375,250. 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.