Call or Text (240) SELL-123
Alhambra Central Phoenix Michigan Trailer Park

PHOENIX, AZ 85017

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

Neighborhoods in ZIP 85017

Alhambra · Central Phoenix · Michigan Trailer Park

Market Analysis

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

The PHOENIX, AZ real estate market (85017) currently shows 75 active listings, with 16 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 69 days on market compared to 46 days last year.

The median listing price has fallen 19.7% year-over-year, from $350,000 to $280,915.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PHOENIX, AZ 85017 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 43,226  ·  Density: 3,171.3/mi²  ·  Median household income: $50,754

Typical home value: $213,811  ·  Homeownership: 44.3%

Market Overview

Active Listings
75
⇧ 13.6% vs 66 last year
Pending
16
21% pending ratio
Median Price
$280,915
⇩ 19.7% vs $350,000 last year
Average Price
$262,291
⇩ 19.7% vs $326,490 last year
Days on Market
69
⇧ 50% vs 46 days last year

Price Per Square Foot

Median $/sqft
$192
⇩ 14.3% vs $224/sqft last year
Median Home Size
1,348 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 66 last year
  • Days on market: 69 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $280,915 (-19.7% YoY)
  • Average: $262,291 (-19.7% 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 6.8 miles — 1,331 listings ($638,813,567 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85017Phoenix, AZ 850170.0 mi77$20,184,318$291,200$262,134
85015Phoenix, AZ 850151.3 mi148$58,108,056$357,475$392,622
85031Phoenix, AZ 850312.7 mi52$16,985,072$344,975$326,636
85051Phoenix, AZ 850513.5 mi101$31,721,676$337,500$314,076
85014Phoenix, AZ 850143.9 mi154$93,372,202$449,500$606,313
85009Phoenix, AZ 850094.5 mi68$24,784,776$325,000$364,482
85003Phoenix, AZ 850034.8 mi80$72,620,960$762,444$907,762
85004Phoenix, AZ 850045.0 mi55$37,055,975$523,748$673,745
85033Phoenix, AZ 850335.2 mi102$31,918,758$335,750$312,929
85006Phoenix, AZ 850065.3 mi71$37,346,710$495,750$526,010
85020Phoenix, AZ 850205.7 mi210$131,628,210$422,000$626,801
85029Phoenix, AZ 850296.0 mi129$50,449,578$379,000$391,082
85043Phoenix, AZ 850436.8 mi84$32,637,276$385,000$388,539

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85017?

As of March 2026, there are 75 active listings in PHOENIX, AZ (zip code 85017), compared to 66 the prior year.

What is the median home price in PHOENIX, AZ 85017?

The median listing price in PHOENIX, AZ 85017 is $280,915 as of March 2026, a 19.7% decrease from $350,000 the prior year.

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

Homes in PHOENIX, AZ 85017 spend an average of 69 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 85017?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85017 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 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 85017 save an estimated $5,618 compared to a typical 5% commission on the median listing price of $280,915. 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.