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Deer Valley

PHOENIX, AZ 85027

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

Market Overview

Active Listings
103
⇧ 19.8% vs 86 last year
Pending
30
29% pending ratio
Median Price
$302,000
⇩ 20.8% vs $381,250 last year
Average Price
$337,601
⇩ 13.6% vs $390,757 last year
Days on Market
77
⇧ 54% vs 50 days last year

Market Context

Population: 39,152  ·  Density: 1,290.3/mi²  ·  Median household income: $71,362

Typical home value: $279,093  ·  Homeownership: 53.0%

Market Analysis

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

The PHOENIX, AZ real estate market (85027) currently shows 103 active listings, with 30 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 77 days on market compared to 50 days last year.

The median listing price has fallen 20.8% year-over-year, from $381,250 to $302,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 86 last year
  • Days on market: 77 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $302,000 (-20.8% YoY)
  • Average: $337,601 (-13.6% 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 10.9 miles — 1,823 listings ($1,252,882,931 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85027Phoenix, AZ 850270.0 mi103$34,772,903$302,000$337,601
85024Phoenix, AZ 850243.3 mi121$65,370,613$494,995$540,253
85310Glendale, AZ 853104.2 mi62$59,784,864$659,000$964,272
85308Glendale, AZ 853084.9 mi205$120,941,390$509,900$589,958
85306Glendale, AZ 853065.6 mi55$25,589,135$426,499$465,257
85085Phoenix, AZ 850855.7 mi168$128,703,456$699,900$766,092
85032Phoenix, AZ 850326.7 mi215$99,913,940$411,998$464,716
85020Phoenix, AZ 850208.0 mi177$102,834,876$396,500$580,988
85051Phoenix, AZ 850518.3 mi99$32,571,099$349,950$329,001
85028Phoenix, AZ 850288.5 mi80$88,792,400$704,500$1,109,905
85381Peoria, AZ 853818.8 mi97$52,150,110$454,999$537,630
85254Scottsdale, AZ 852549.7 mi306$397,224,720$948,500$1,298,120
85301Glendale, AZ 8530110.9 mi135$44,233,425$299,894$327,655

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85027?

As of January 2026, there are 103 active listings in PHOENIX, AZ (zip code 85027), compared to 86 the prior year.

What is the median home price in PHOENIX, AZ 85027?

The median listing price in PHOENIX, AZ 85027 is $302,000 as of January 2026, a 20.8% decrease from $381,250 the prior year.

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

Homes in PHOENIX, AZ 85027 spend an average of 77 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85027?

Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85027 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 50 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 85027 save an estimated $6,040 compared to a typical 5% commission on the median listing price of $302,000. 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.