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Data as of September 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85023) currently shows 112 active listings, with 28 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.
Homes are selling faster, averaging 50 days on market compared to 52 days last year.
The median listing price has fallen 1.8% year-over-year, from $447,000 to $439,000.
Population: 33,097 · Density: 1,723.8/mi² · Median household income: $67,986
Typical home value: $318,206 · Homeownership: 58.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85023 | Phoenix, AZ 85023 | 0.0 mi | 90 | $44,433,180 | $429,350 | $493,702 |
| 85022 | Phoenix, AZ 85022 | 2.5 mi | 165 | $89,849,925 | $450,368 | $544,545 |
| 85027 | Phoenix, AZ 85027 | 3.2 mi | 108 | $36,331,092 | $299,250 | $336,399 |
| 85021 | Phoenix, AZ 85021 | 4.9 mi | 117 | $94,946,553 | $623,675 | $811,509 |
| 85020 | Phoenix, AZ 85020 | 5.0 mi | 210 | $131,628,210 | $422,000 | $626,801 |
| 85304 | Glendale, AZ 85304 | 5.4 mi | 80 | $40,191,600 | $444,450 | $502,395 |
| 85308 | Glendale, AZ 85308 | 5.6 mi | 217 | $129,508,855 | $519,325 | $596,815 |
| 85310 | Glendale, AZ 85310 | 6.2 mi | 63 | $62,934,102 | $745,000 | $998,954 |
| 85050 | Phoenix, AZ 85050 | 6.7 mi | 143 | $112,431,319 | $607,474 | $786,233 |
| 85254 | Scottsdale, AZ 85254 | 8.3 mi | 340 | $464,797,680 | $997,500 | $1,367,052 |
| 85013 | Phoenix, AZ 85013 | 8.4 mi | 97 | $55,293,298 | $429,750 | $570,034 |
| 85083 | Phoenix, AZ 85083 | 8.5 mi | 66 | $53,721,228 | $697,225 | $813,958 |
| 85085 | Phoenix, AZ 85085 | 8.7 mi | 187 | $141,665,964 | $699,950 | $757,572 |
As of September 2026, there are 112 active listings in PHOENIX, AZ (zip code 85023), compared to 93 the prior year.
The median listing price in PHOENIX, AZ 85023 is $439,000 as of September 2026, a 1.8% decrease from $447,000 the prior year.
Homes in PHOENIX, AZ 85023 spend an average of 50 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85023 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85023 save an estimated $8,780 compared to a typical 5% commission on the median listing price of $439,000. 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.