Population: 18,174 · Density: 1,024.2/mi² · Median household income: $112,865
Typical home value: $509,381 · Homeownership: 86.4%
Data as of January 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85028) currently shows 80 active listings, with 25 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 65 days on market compared to 55 days last year.
The median listing price has fallen 11.5% year-over-year, from $796,000 to $704,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85028 | Phoenix, AZ 85028 | 0.0 mi | 80 | $88,792,400 | $704,500 | $1,109,905 |
| 85032 | Phoenix, AZ 85032 | 3.1 mi | 215 | $99,913,940 | $411,998 | $464,716 |
| 85254 | Scottsdale, AZ 85254 | 4.0 mi | 306 | $397,224,720 | $948,500 | $1,298,120 |
| 85018 | Phoenix, AZ 85018 | 4.4 mi | 285 | $584,796,630 | $1,150,000 | $2,051,918 |
| 85021 | Phoenix, AZ 85021 | 5.2 mi | 109 | $92,793,444 | $600,000 | $851,316 |
| 85029 | Phoenix, AZ 85029 | 5.9 mi | 122 | $47,808,140 | $385,000 | $391,870 |
| 85012 | Phoenix, AZ 85012 | 6.3 mi | 64 | $40,171,072 | $530,000 | $627,673 |
| 85258 | Scottsdale, AZ 85258 | 6.8 mi | 234 | $286,861,302 | $984,000 | $1,225,903 |
| 85050 | Phoenix, AZ 85050 | 7.3 mi | 123 | $104,387,394 | $648,750 | $848,678 |
| 85015 | Phoenix, AZ 85015 | 7.4 mi | 140 | $57,116,500 | $376,000 | $407,975 |
| 85250 | Scottsdale, AZ 85250 | 7.7 mi | 180 | $170,917,920 | $699,000 | $949,544 |
| 85053 | Phoenix, AZ 85053 | 7.9 mi | 69 | $27,619,182 | $399,000 | $400,278 |
| 85008 | Phoenix, AZ 85008 | 8.2 mi | 106 | $51,672,032 | $399,999 | $487,472 |
As of January 2026, there are 80 active listings in PHOENIX, AZ (zip code 85028), compared to 81 the prior year.
The median listing price in PHOENIX, AZ 85028 is $704,500 as of January 2026, a 11.5% decrease from $796,000 the prior year.
Homes in PHOENIX, AZ 85028 spend an average of 65 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85028 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85028 save an estimated $14,090 compared to a typical 5% commission on the median listing price of $704,500. 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.