Active Listings
321
⇧ 37.8% vs 233 last year
Biltmore Gates · Biltmore Villas · Camelback East · Camlback Corridor · Central Phoenix · Colony Biltmore IV · Squaw Peak Terrace · Taliverde · Village on the Lakes
Data as of March 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85016) currently shows 321 active listings, with 70 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 88 more homes available — giving buyers more choice.
Homes are selling faster, averaging 55 days on market compared to 59 days last year.
The median listing price has fallen 9.6% year-over-year, from $675,000 to $609,988.
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.
Population: 37,025 · Density: 1,744.2/mi² · Median household income: $80,315
Typical home value: $460,622 · Homeownership: 49.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85016 | Phoenix, AZ 85016 | 0.0 mi | 292 | $297,765,540 | $610,000 | $1,019,745 |
| 85018 | Phoenix, AZ 85018 | 2.3 mi | 311 | $648,009,241 | $1,100,000 | $2,083,631 |
| 85013 | Phoenix, AZ 85013 | 3.0 mi | 97 | $55,293,298 | $429,750 | $570,034 |
| 85008 | Phoenix, AZ 85008 | 4.0 mi | 111 | $56,050,338 | $399,000 | $504,958 |
| 85020 | Phoenix, AZ 85020 | 4.3 mi | 210 | $131,628,210 | $422,000 | $626,801 |
| 85001 | Phoenix, AZ 85001 | 4.7 mi | 3 | $4,748,985 | $1,582,995 | $1,582,995 |
| 85003 | Phoenix, AZ 85003 | 4.9 mi | 80 | $72,620,960 | $762,444 | $907,762 |
| 85028 | Phoenix, AZ 85028 | 5.1 mi | 87 | $90,820,257 | $676,500 | $1,043,911 |
| 85017 | Phoenix, AZ 85017 | 5.4 mi | 77 | $20,184,318 | $291,200 | $262,134 |
| 85251 | Scottsdale, AZ 85251 | 6.4 mi | 542 | $630,307,518 | $632,500 | $1,162,929 |
| 85051 | Phoenix, AZ 85051 | 6.8 mi | 101 | $31,721,676 | $337,500 | $314,076 |
| 85040 | Phoenix, AZ 85040 | 7.2 mi | 59 | $21,379,889 | $347,000 | $362,371 |
| 85029 | Phoenix, AZ 85029 | 7.5 mi | 129 | $50,449,578 | $379,000 | $391,082 |
As of March 2026, there are 321 active listings in PHOENIX, AZ (zip code 85016), compared to 233 the prior year.
The median listing price in PHOENIX, AZ 85016 is $609,988 as of March 2026, a 9.6% decrease from $675,000 the prior year.
Homes in PHOENIX, AZ 85016 spend an average of 55 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85016 is currently a Balanced Market. Inventory has increased compared to last year, with 88 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85016 save an estimated $12,200 compared to a typical 5% commission on the median listing price of $609,988. 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.