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Data as of September 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85027) currently shows 116 active listings, with 32 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.
Homes are selling faster, averaging 48 days on market compared to 59 days last year.
The median listing price has fallen 0.7% year-over-year, from $377,500 to $375,000.
Population: 39,152 · Density: 1,290.3/mi² · Median household income: $71,362
Typical home value: $279,093 · Homeownership: 53.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85027 | Phoenix, AZ 85027 | 0.0 mi | 108 | $36,331,092 | $299,250 | $336,399 |
| 85024 | Phoenix, AZ 85024 | 3.3 mi | 130 | $76,900,200 | $555,999 | $591,540 |
| 85310 | Glendale, AZ 85310 | 4.2 mi | 63 | $62,934,102 | $745,000 | $998,954 |
| 85308 | Glendale, AZ 85308 | 4.9 mi | 217 | $129,508,855 | $519,325 | $596,815 |
| 85306 | Glendale, AZ 85306 | 5.6 mi | 55 | $25,883,605 | $422,525 | $470,611 |
| 85085 | Phoenix, AZ 85085 | 5.7 mi | 187 | $141,665,964 | $699,950 | $757,572 |
| 85032 | Phoenix, AZ 85032 | 6.7 mi | 225 | $111,274,650 | $425,620 | $494,554 |
| 85020 | Phoenix, AZ 85020 | 8.0 mi | 210 | $131,628,210 | $422,000 | $626,801 |
| 85051 | Phoenix, AZ 85051 | 8.3 mi | 101 | $31,721,676 | $337,500 | $314,076 |
| 85028 | Phoenix, AZ 85028 | 8.5 mi | 87 | $90,820,257 | $676,500 | $1,043,911 |
| 85381 | Peoria, AZ 85381 | 8.8 mi | 90 | $48,864,510 | $453,450 | $542,939 |
| 85254 | Scottsdale, AZ 85254 | 9.7 mi | 340 | $464,797,680 | $997,500 | $1,367,052 |
| 85301 | Glendale, AZ 85301 | 10.9 mi | 125 | $40,004,375 | $287,250 | $320,035 |
As of September 2026, there are 116 active listings in PHOENIX, AZ (zip code 85027), compared to 94 the prior year.
The median listing price in PHOENIX, AZ 85027 is $375,000 as of September 2026, a 0.7% decrease from $377,500 the prior year.
Homes in PHOENIX, AZ 85027 spend an average of 48 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85027 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85027 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. 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.