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Deer Valley Desert View Liberty Mobile Home Park Marco Polo Mobile Home Park Paradise Shadows Mobile Home Park Paradise Valley Whispering Palms Mobile Home Park

PHOENIX, AZ 85024

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

Neighborhoods in ZIP 85024

Deer Valley · Desert View · Liberty Mobile Home Park · Marco Polo Mobile Home Park · Paradise Shadows Mobile Home Park · Paradise Valley · Whispering Palms Mobile Home Park

Market Analysis

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

The PHOENIX, AZ real estate market (85024) currently shows 137 active listings, with 62 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 37 days last year.

The median listing price has risen 2.9% year-over-year, from $534,333 to $550,000.

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: 24,754  ·  Density: 815.4/mi²  ·  Median household income: $91,385

Typical home value: $375,433  ·  Homeownership: 66.2%

Market Overview

Active Listings
137
⇧ 41.2% vs 97 last year
Pending
62
45% pending ratio
Median Price
$550,000
⇧ 2.9% vs $534,333 last year
Average Price
$594,178
⇧ 2.2% vs $581,171 last year
Days on Market
41
⇧ 10.8% vs 37 days last year

Price Per Square Foot

Median $/sqft
$308
⇩ 3.4% vs $319/sqft last year
Median Home Size
1,792 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 137 this year vs 97 last year
  • Days on market: 41 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $550,000 (+2.9% YoY)
  • Average: $594,178 (+2.2% 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 11.4 miles — 2,203 listings ($1,717,507,077 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85024Phoenix, AZ 850240.0 mi130$76,900,200$555,999$591,540
85027Phoenix, AZ 850273.3 mi108$36,331,092$299,250$336,399
85085Phoenix, AZ 850854.8 mi187$141,665,964$699,950$757,572
85032Phoenix, AZ 850325.1 mi225$111,274,650$425,620$494,554
85053Phoenix, AZ 850536.5 mi71$28,285,193$397,875$398,383
85029Phoenix, AZ 850297.5 mi129$50,449,578$379,000$391,082
85254Scottsdale, AZ 852547.5 mi340$464,797,680$997,500$1,367,052
85308Glendale, AZ 853088.2 mi217$129,508,855$519,325$596,815
85020Phoenix, AZ 850208.5 mi210$131,628,210$422,000$626,801
85021Phoenix, AZ 850219.4 mi117$94,946,553$623,675$811,509
85051Phoenix, AZ 8505110.4 mi101$31,721,676$337,500$314,076
85260Scottsdale, AZ 8526010.5 mi269$382,869,852$773,700$1,423,308
85302Glendale, AZ 8530211.4 mi99$37,127,574$387,500$375,026

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85024?

As of March 2026, there are 137 active listings in PHOENIX, AZ (zip code 85024), compared to 97 the prior year.

What is the median home price in PHOENIX, AZ 85024?

The median listing price in PHOENIX, AZ 85024 is $550,000 as of March 2026, a 2.9% increase from $534,333 the prior year.

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

Homes in PHOENIX, AZ 85024 spend an average of 41 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85024?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85024 is currently a Buyer's Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 37 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 85024 save an estimated $11,000 compared to a typical 5% commission on the median listing price of $550,000. 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.