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PHOENIX, AZ 85032

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

Neighborhoods in ZIP 85032

Aire Libre Mobile Home Park · Bell Acres Mobile Home Park · Copper Kettle Trailer Villa · Montclair Terrace · Mountain Vista · North Phoenix · Palm Lakes Village · Paradise Valley · Paradise Valley Miranda · Parque Vista Estates · Quail Valley · Rancho Santa Fe · Sandalwood

Market Analysis

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

The PHOENIX, AZ real estate market (85032) currently shows 245 active listings, with 62 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 63 days last year.

The median listing price has risen 5.6% year-over-year, from $434,699 to $459,150.

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Market Context

Market Context

Population: 68,805  ·  Density: 2,148.9/mi²  ·  Median household income: $69,942

Typical home value: $341,553  ·  Homeownership: 57.5%

Market Overview

Active Listings
245
⇧ 12.9% vs 217 last year
Pending
62
25% pending ratio
Median Price
$459,150
⇧ 5.6% vs $434,699 last year
Average Price
$497,742
⇧ 7.1% vs $464,589 last year
Days on Market
65
⇧ 3.2% vs 63 days last year

Price Per Square Foot

Median $/sqft
$313
⇧ 1.6% vs $308/sqft last year
Median Home Size
1,451 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 245 this year vs 217 last year
  • Days on market: 65 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $459,150 (+5.6% YoY)
  • Average: $497,742 (+7.1% 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 9.9 miles — 2,180 listings ($1,730,032,701 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85032Phoenix, AZ 850320.0 mi225$111,274,650$425,620$494,554
85254Scottsdale, AZ 852543.1 mi340$464,797,680$997,500$1,367,052
85050Phoenix, AZ 850504.2 mi143$112,431,319$607,474$786,233
85020Phoenix, AZ 850205.0 mi210$131,628,210$422,000$626,801
85023Phoenix, AZ 850235.2 mi90$44,433,180$429,350$493,702
85029Phoenix, AZ 850296.5 mi129$50,449,578$379,000$391,082
85027Phoenix, AZ 850276.7 mi108$36,331,092$299,250$336,399
85053Phoenix, AZ 850537.4 mi71$28,285,193$397,875$398,383
85258Scottsdale, AZ 852587.7 mi291$371,205,420$1,012,450$1,275,620
85014Phoenix, AZ 850148.7 mi154$93,372,202$449,500$606,313
85012Phoenix, AZ 850129.1 mi79$47,007,449$517,225$595,031
85250Scottsdale, AZ 852509.3 mi192$180,708,672$695,000$941,191
85015Phoenix, AZ 850159.9 mi148$58,108,056$357,475$392,622

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85032?

As of September 2026, there are 245 active listings in PHOENIX, AZ (zip code 85032), compared to 217 the prior year.

What is the median home price in PHOENIX, AZ 85032?

The median listing price in PHOENIX, AZ 85032 is $459,150 as of September 2026, a 5.6% increase from $434,699 the prior year.

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

Homes in PHOENIX, AZ 85032 spend an average of 65 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85032?

Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85032 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 63 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 85032 save an estimated $9,183 compared to a typical 5% commission on the median listing price of $459,150. 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.