Active Listings
262
⇧ 44% vs 182 last year
Population: 37,025 · Density: 1,744.2/mi² · Median household income: $80,315
Typical home value: $460,622 · Homeownership: 49.8%
Data as of January 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85016) currently shows 262 active listings, with 43 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 80 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 73 days last year.
The median listing price has fallen 10.8% year-over-year, from $666,700 to $595,000.
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 $ |
|---|---|---|---|---|---|---|
| 85016 | Phoenix, AZ 85016 | 0.0 mi | 262 | $266,279,770 | $595,000 | $1,016,335 |
| 85018 | Phoenix, AZ 85018 | 2.3 mi | 285 | $584,796,630 | $1,150,000 | $2,051,918 |
| 85013 | Phoenix, AZ 85013 | 3.0 mi | 91 | $51,913,134 | $430,000 | $570,474 |
| 85008 | Phoenix, AZ 85008 | 4.0 mi | 106 | $51,672,032 | $399,999 | $487,472 |
| 85020 | Phoenix, AZ 85020 | 4.3 mi | 177 | $102,834,876 | $396,500 | $580,988 |
| 85001 | Phoenix, AZ 85001 | 4.7 mi | 2 | $5,558,000 | $2,779,000 | $2,779,000 |
| 85003 | Phoenix, AZ 85003 | 4.9 mi | 57 | $52,833,699 | $769,000 | $926,907 |
| 85028 | Phoenix, AZ 85028 | 5.1 mi | 80 | $88,792,400 | $704,500 | $1,109,905 |
| 85017 | Phoenix, AZ 85017 | 5.4 mi | 70 | $16,965,200 | $259,000 | $242,360 |
| 85251 | Scottsdale, AZ 85251 | 6.4 mi | 519 | $592,021,224 | $619,000 | $1,140,696 |
| 85051 | Phoenix, AZ 85051 | 6.8 mi | 99 | $32,571,099 | $349,950 | $329,001 |
| 85040 | Phoenix, AZ 85040 | 7.2 mi | 59 | $21,554,942 | $354,500 | $365,338 |
| 85029 | Phoenix, AZ 85029 | 7.5 mi | 122 | $47,808,140 | $385,000 | $391,870 |
As of January 2026, there are 262 active listings in PHOENIX, AZ (zip code 85016), compared to 182 the prior year.
The median listing price in PHOENIX, AZ 85016 is $595,000 as of January 2026, a 10.8% decrease from $666,700 the prior year.
Homes in PHOENIX, AZ 85016 spend an average of 77 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85016 is currently a Buyer's Market. Inventory has increased compared to last year, with 80 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85016 save an estimated $11,900 compared to a typical 5% commission on the median listing price of $595,000. 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.