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Central City

PHOENIX, AZ 85034

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

Market Overview

Active Listings
13
vs 13 last year
Pending
3
23% pending ratio
Median Price
$427,000
⇩ 7.1% vs $459,500 last year
Average Price
$560,990
⇩ 5% vs $590,373 last year
Days on Market
64
⇧ 25.5% vs 51 days last year

Market Context

Population: 4,845  ·  Density: 161.7/mi²  ·  Median household income: $42,177

Typical home value: $279,642  ·  Homeownership: 15.9%

Market Analysis

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

The PHOENIX, AZ real estate market (85034) currently shows 13 active listings, with 3 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 64 days on market compared to 51 days last year.

The median listing price has fallen 7.1% year-over-year, from $459,500 to $427,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 64 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $427,000 (-7.1% YoY)
  • Average: $560,990 (-5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.9 miles — 1,099 listings ($592,125,890 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85034Phoenix, AZ 850340.0 mi13$7,292,870$427,000$560,990
85006Phoenix, AZ 850062.6 mi62$31,024,986$485,000$500,403
85001Phoenix, AZ 850013.0 mi2$5,558,000$2,779,000$2,779,000
85003Phoenix, AZ 850033.5 mi57$52,833,699$769,000$926,907
85281Tempe, AZ 852815.1 mi93$53,890,524$479,950$579,468
85042Phoenix, AZ 850425.5 mi163$93,196,065$465,000$571,755
85282Tempe, AZ 852825.8 mi110$52,130,870$484,250$473,917
85288Tempe, AZ 852886.0 mi64$27,964,288$394,450$436,942
85041Phoenix, AZ 850416.1 mi140$71,242,080$420,000$508,872
85013Phoenix, AZ 850136.3 mi91$51,913,134$430,000$570,474
85044Phoenix, AZ 850446.6 mi136$76,164,080$475,000$560,030
85283Tempe, AZ 852837.0 mi98$51,950,094$500,000$530,103
85017Phoenix, AZ 850177.9 mi70$16,965,200$259,000$242,360

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85034?

As of January 2026, there are 13 active listings in PHOENIX, AZ (zip code 85034), compared to 13 the prior year.

What is the median home price in PHOENIX, AZ 85034?

The median listing price in PHOENIX, AZ 85034 is $427,000 as of January 2026, a 7.1% decrease from $459,500 the prior year.

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

Homes in PHOENIX, AZ 85034 spend an average of 64 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85034?

Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85034 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 64 days on market compared to 51 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 85034 save an estimated $8,540 compared to a typical 5% commission on the median listing price of $427,000. 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.