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Data as of April 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85023) currently shows 105 active listings, with 40 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 43 days on market compared to 45 days last year.
The median listing price has fallen 13% year-over-year, from $497,225 to $432,450.
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.
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 April 2026, there are 105 active listings in PHOENIX, AZ (zip code 85023), compared to 107 the prior year.
The median listing price in PHOENIX, AZ 85023 is $432,450 as of April 2026, a 13% decrease from $497,225 the prior year.
Homes in PHOENIX, AZ 85023 spend an average of 43 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PHOENIX, AZ 85023 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 43 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85023 save an estimated $8,649 compared to a typical 5% commission on the median listing price of $432,450. 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.