Legend Estates · Maryvale · Parkwood · Young America Homes
Data as of March 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85031) currently shows 51 active listings, with 19 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are selling faster, averaging 50 days on market compared to 53 days last year.
The median listing price has risen 3.9% year-over-year, from $332,000 to $345,000.
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.
Population: 31,838 · Density: 3,026.6/mi² · Median household income: $60,741
Typical home value: $219,204 · Homeownership: 60.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85031 | Phoenix, AZ 85031 | 0.0 mi | 52 | $16,985,072 | $344,975 | $326,636 |
| 85035 | Phoenix, AZ 85035 | 2.2 mi | 68 | $22,861,056 | $336,000 | $336,192 |
| 85301 | Glendale, AZ 85301 | 2.6 mi | 125 | $40,004,375 | $287,250 | $320,035 |
| 85015 | Phoenix, AZ 85015 | 4.0 mi | 148 | $58,108,056 | $357,475 | $392,622 |
| 85009 | Phoenix, AZ 85009 | 4.2 mi | 68 | $24,784,776 | $325,000 | $364,482 |
| 85051 | Phoenix, AZ 85051 | 4.9 mi | 101 | $31,721,676 | $337,500 | $314,076 |
| 85302 | Glendale, AZ 85302 | 5.1 mi | 99 | $37,127,574 | $387,500 | $375,026 |
| 85007 | Phoenix, AZ 85007 | 5.6 mi | 56 | $41,195,616 | $598,000 | $735,636 |
| 85012 | Phoenix, AZ 85012 | 5.7 mi | 79 | $47,007,449 | $517,225 | $595,031 |
| 85021 | Phoenix, AZ 85021 | 6.2 mi | 117 | $94,946,553 | $623,675 | $811,509 |
| 85014 | Phoenix, AZ 85014 | 6.5 mi | 154 | $93,372,202 | $449,500 | $606,313 |
| 85304 | Glendale, AZ 85304 | 7.0 mi | 80 | $40,191,600 | $444,450 | $502,395 |
| 85006 | Phoenix, AZ 85006 | 7.2 mi | 71 | $37,346,710 | $495,750 | $526,010 |
As of March 2026, there are 51 active listings in PHOENIX, AZ (zip code 85031), compared to 42 the prior year.
The median listing price in PHOENIX, AZ 85031 is $345,000 as of March 2026, a 3.9% increase from $332,000 the prior year.
Homes in PHOENIX, AZ 85031 spend an average of 50 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85031 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85031 save an estimated $6,900 compared to a typical 5% commission on the median listing price of $345,000. 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.