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Biltmore Greens III Camelback East Camlback Corridor Central Phoenix

PHOENIX, AZ 85018

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

Neighborhoods in ZIP 85018

Biltmore Greens III · Camelback East · Camlback Corridor · Central Phoenix

Market Analysis

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

The PHOENIX, AZ real estate market (85018) currently shows 331 active listings, with 67 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 50 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 50 days last year.

The median listing price has fallen 36.8% year-over-year, from $1,800,000 to $1,137,250.

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: 38,411  ·  Density: 983.3/mi²  ·  Median household income: $85,335

Typical home value: $747,245  ·  Homeownership: 53.2%

Market Overview

Active Listings
331
⇧ 17.8% vs 281 last year
Pending
67
20% pending ratio
Median Price
$1,137,250
⇩ 36.8% vs $1,800,000 last year
Average Price
$2,072,783
⇩ 22.1% vs $2,659,586 last year
Days on Market
59
⇧ 18% vs 50 days last year

Price Per Square Foot

Median $/sqft
$500
⇩ 17.6% vs $607/sqft last year
Median Home Size
2,302 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 331 this year vs 281 last year
  • Days on market: 59 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $1,137,250 (-36.8% YoY)
  • Average: $2,072,783 (-22.1% 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 7.6 miles — 2,248 listings ($4,103,341,468 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85018Phoenix, AZ 850180.0 mi311$648,009,241$1,100,000$2,083,631
85253Paradise Valley, AZ 852532.6 mi338$2,230,584,018$5,256,250$6,599,361
85008Phoenix, AZ 850083.9 mi111$56,050,338$399,000$504,958
85012Phoenix, AZ 850124.5 mi79$47,007,449$517,225$595,031
85020Phoenix, AZ 850204.9 mi210$131,628,210$422,000$626,801
85013Phoenix, AZ 850135.2 mi97$55,293,298$429,750$570,034
85250Scottsdale, AZ 852506.0 mi192$180,708,672$695,000$941,191
85015Phoenix, AZ 850156.3 mi148$58,108,056$357,475$392,622
85021Phoenix, AZ 850216.5 mi117$94,946,553$623,675$811,509
85001Phoenix, AZ 850016.5 mi3$4,748,985$1,582,995$1,582,995
85254Scottsdale, AZ 852547.0 mi340$464,797,680$997,500$1,367,052
85032Phoenix, AZ 850327.4 mi225$111,274,650$425,620$494,554
85017Phoenix, AZ 850177.6 mi77$20,184,318$291,200$262,134

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85018?

As of March 2026, there are 331 active listings in PHOENIX, AZ (zip code 85018), compared to 281 the prior year.

What is the median home price in PHOENIX, AZ 85018?

The median listing price in PHOENIX, AZ 85018 is $1,137,250 as of March 2026, a 36.8% decrease from $1,800,000 the prior year.

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

Homes in PHOENIX, AZ 85018 spend an average of 59 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85018?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85018 is currently a Buyer's Market. Inventory has increased compared to last year, with 50 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 50 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 85018 save an estimated $22,745 compared to a typical 5% commission on the median listing price of $1,137,250. 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.