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North Mountain

PHOENIX, AZ 85020

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

Market Overview

Active Listings
177
⇧ 5.4% vs 168 last year
Pending
28
16% pending ratio
Median Price
$396,500
⇩ 9.2% vs $436,500 last year
Average Price
$580,988
⇩ 19.8% vs $724,413 last year
Days on Market
87
⇧ 38.1% vs 63 days last year

Market Context

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

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

Market Analysis

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

The PHOENIX, AZ real estate market (85020) currently shows 177 active listings, with 28 pending sales. Homes are averaging 87 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 87 days on market compared to 63 days last year.

The median listing price has fallen 9.2% year-over-year, from $436,500 to $396,500.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 177 this year vs 168 last year
  • Days on market: 87 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $396,500 (-9.2% YoY)
  • Average: $580,988 (-19.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.0 miles — 1,764 listings ($1,254,826,036 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85020Phoenix, AZ 850200.0 mi177$102,834,876$396,500$580,988
85028Phoenix, AZ 850282.9 mi80$88,792,400$704,500$1,109,905
85014Phoenix, AZ 850144.1 mi154$92,287,580$460,000$599,270
85016Phoenix, AZ 850164.3 mi262$266,279,770$595,000$1,016,335
85013Phoenix, AZ 850134.3 mi91$51,913,134$430,000$570,474
85015Phoenix, AZ 850154.9 mi140$57,116,500$376,000$407,975
85023Phoenix, AZ 850235.0 mi75$35,376,300$425,000$471,684
85017Phoenix, AZ 850175.7 mi70$16,965,200$259,000$242,360
85053Phoenix, AZ 850536.2 mi69$27,619,182$399,000$400,278
85254Scottsdale, AZ 852546.8 mi306$397,224,720$948,500$1,298,120
85302Glendale, AZ 853027.1 mi102$39,410,046$396,750$386,373
85301Glendale, AZ 853017.5 mi135$44,233,425$299,894$327,655
85027Phoenix, AZ 850278.0 mi103$34,772,903$302,000$337,601

Frequently Asked Questions

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

As of January 2026, there are 177 active listings in PHOENIX, AZ (zip code 85020), compared to 168 the prior year.

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

The median listing price in PHOENIX, AZ 85020 is $396,500 as of January 2026, a 9.2% decrease from $436,500 the prior year.

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

Homes in PHOENIX, AZ 85020 spend an average of 87 days on the market before going under contract, compared to 63 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 January 2026, PHOENIX, AZ 85020 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 87 days on market compared to 63 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 $7,930 compared to a typical 5% commission on the median listing price of $396,500. 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.