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Camelback East Holiday Spa Mobile Home Park North Mountain North Phoenix Skyline Heights Sunnyslope The Pointe Wabash Trailer Court

PHOENIX, AZ 85020

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

Neighborhoods in ZIP 85020

Camelback East · Holiday Spa Mobile Home Park · North Mountain · North Phoenix · Skyline Heights · Sunnyslope · The Pointe · Wabash Trailer Court

Market Analysis

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

The PHOENIX, AZ real estate market (85020) currently shows 239 active listings, with 56 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 53 days last year.

The median listing price has fallen 19.3% year-over-year, from $518,750 to $418,750.

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: 34,376  ·  Density: 1,511.3/mi²  ·  Median household income: $74,622

Typical home value: $363,610  ·  Homeownership: 53.3%

Market Overview

Active Listings
239
⇧ 21.9% vs 196 last year
Pending
56
23% pending ratio
Median Price
$418,750
⇩ 19.3% vs $518,750 last year
Average Price
$626,395
⇩ 18.6% vs $769,656 last year
Days on Market
55
⇧ 3.8% vs 53 days last year

Price Per Square Foot

Median $/sqft
$304
⇩ 5.6% vs $322/sqft last year
Median Home Size
1,427 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 239 this year vs 196 last year
  • Days on market: 55 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $418,750 (-19.3% YoY)
  • Average: $626,395 (-18.6% 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 8.0 miles — 1,898 listings ($1,398,150,975 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85020Phoenix, AZ 850200.0 mi210$131,628,210$422,000$626,801
85028Phoenix, AZ 850282.9 mi87$90,820,257$676,500$1,043,911
85014Phoenix, AZ 850144.1 mi154$93,372,202$449,500$606,313
85016Phoenix, AZ 850164.3 mi292$297,765,540$610,000$1,019,745
85013Phoenix, AZ 850134.3 mi97$55,293,298$429,750$570,034
85015Phoenix, AZ 850154.9 mi148$58,108,056$357,475$392,622
85023Phoenix, AZ 850235.0 mi90$44,433,180$429,350$493,702
85017Phoenix, AZ 850175.7 mi77$20,184,318$291,200$262,134
85053Phoenix, AZ 850536.2 mi71$28,285,193$397,875$398,383
85254Scottsdale, AZ 852546.8 mi340$464,797,680$997,500$1,367,052
85302Glendale, AZ 853027.1 mi99$37,127,574$387,500$375,026
85301Glendale, AZ 853017.5 mi125$40,004,375$287,250$320,035
85027Phoenix, AZ 850278.0 mi108$36,331,092$299,250$336,399

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85020?

As of March 2026, there are 239 active listings in PHOENIX, AZ (zip code 85020), compared to 196 the prior year.

What is the median home price in PHOENIX, AZ 85020?

The median listing price in PHOENIX, AZ 85020 is $418,750 as of March 2026, a 19.3% decrease from $518,750 the prior year.

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

Homes in PHOENIX, AZ 85020 spend an average of 55 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85020?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85020 is currently a Buyer's Market. Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 53 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 85020 save an estimated $8,375 compared to a typical 5% commission on the median listing price of $418,750. 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.