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Data as of March 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85027) currently shows 114 active listings, with 36 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 46 days on market compared to 50 days last year.
The median listing price has fallen 21.9% year-over-year, from $384,900 to $300,425.
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: 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 March 2026, there are 114 active listings in PHOENIX, AZ (zip code 85027), compared to 111 the prior year.
The median listing price in PHOENIX, AZ 85027 is $300,425 as of March 2026, a 21.9% decrease from $384,900 the prior year.
Homes in PHOENIX, AZ 85027 spend an average of 46 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85027 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 46 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85027 save an estimated $6,009 compared to a typical 5% commission on the median listing price of $300,425. 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.