Call or Text (240) SELL-123
Canyon Village Cheyenne Village Lake Biltmore Estates Moon Valley North Mountain North Phoenix Sunnyslope

PHOENIX, AZ 85029

Real Estate Market Report  ·  Maricopa County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85029

Canyon Village · Cheyenne Village · Lake Biltmore Estates · Moon Valley · North Mountain · North Phoenix · Sunnyslope

Market Analysis

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

The PHOENIX, AZ real estate market (85029) currently shows 135 active listings, with 48 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 59 days on market compared to 43 days last year.

The median listing price has fallen 0.8% year-over-year, from $390,000 to $387,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PHOENIX, AZ 85029 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 49,592  ·  Density: 2,046.4/mi²  ·  Median household income: $57,802

Typical home value: $270,151  ·  Homeownership: 55.2%

Market Overview

Active Listings
135
⇩ 2.2% vs 138 last year
Pending
48
36% pending ratio
Median Price
$387,000
⇩ 0.8% vs $390,000 last year
Average Price
$403,770
⇧ 3% vs $391,939 last year
Days on Market
59
⇧ 37.2% vs 43 days last year

Price Per Square Foot

Median $/sqft
$262
⇧ 4% vs $252/sqft last year
Median Home Size
1,483 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 135 this year vs 138 last year
  • Days on market: 59 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $387,000 (-0.8% YoY)
  • Average: $403,770 (+3% 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 7.7 miles — 1,689 listings ($1,007,211,317 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85029Phoenix, AZ 850290.0 mi129$50,449,578$379,000$391,082
85023Phoenix, AZ 850232.6 mi90$44,433,180$429,350$493,702
85051Phoenix, AZ 850512.8 mi101$31,721,676$337,500$314,076
85304Glendale, AZ 853043.9 mi80$40,191,600$444,450$502,395
85306Glendale, AZ 853064.2 mi55$25,883,605$422,525$470,611
85027Phoenix, AZ 850275.7 mi108$36,331,092$299,250$336,399
85028Phoenix, AZ 850285.9 mi87$90,820,257$676,500$1,043,911
85017Phoenix, AZ 850176.0 mi77$20,184,318$291,200$262,134
85308Glendale, AZ 853086.2 mi217$129,508,855$519,325$596,815
85032Phoenix, AZ 850326.5 mi225$111,274,650$425,620$494,554
85014Phoenix, AZ 850146.7 mi154$93,372,202$449,500$606,313
85016Phoenix, AZ 850167.5 mi292$297,765,540$610,000$1,019,745
85303Glendale, AZ 853037.7 mi74$35,274,764$430,500$476,686

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85029?

As of March 2026, there are 135 active listings in PHOENIX, AZ (zip code 85029), compared to 138 the prior year.

What is the median home price in PHOENIX, AZ 85029?

The median listing price in PHOENIX, AZ 85029 is $387,000 as of March 2026, a 0.8% decrease from $390,000 the prior year.

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

Homes in PHOENIX, AZ 85029 spend an average of 59 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85029?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85029 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 59 days on market compared to 43 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 85029 save an estimated $7,740 compared to a typical 5% commission on the median listing price of $387,000. 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.