Active Listings
247
⇧ 12.3% vs 220 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 July 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85016) currently shows 247 active listings, with 30 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.
Homes are selling faster, averaging 74 days on market compared to 75 days last year.
The median listing price has fallen 15.3% year-over-year, from $599,000 to $507,500.
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 July 2026, there are 247 active listings in PHOENIX, AZ (zip code 85016), compared to 220 the prior year.
The median listing price in PHOENIX, AZ 85016 is $507,500 as of July 2026, a 15.3% decrease from $599,000 the prior year.
Homes in PHOENIX, AZ 85016 spend an average of 74 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PHOENIX, AZ 85016 is currently a Balanced Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are selling faster, averaging 74 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85016 save an estimated $10,150 compared to a typical 5% commission on the median listing price of $507,500. 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.