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Country Greens at Villa de Paz Liberty Village Maryvale Sheffield Place Villa de Paz West End Westbriar Young America West

PHOENIX, AZ 85037

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

Neighborhoods in ZIP 85037

Country Greens at Villa de Paz · Liberty Village · Maryvale · Sheffield Place · Villa de Paz · West End · Westbriar · Young America West

Market Analysis

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

The PHOENIX, AZ real estate market (85037) currently shows 144 active listings, with 52 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 47 days last year.

The median listing price has fallen 2% year-over-year, from $385,000 to $377,200.

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 Context

Market Context

Population: 51,987  ·  Density: 2,454.6/mi²  ·  Median household income: $75,281

Typical home value: $244,083  ·  Homeownership: 62.5%

Market Overview

Active Listings
144
⇧ 39.8% vs 103 last year
Pending
52
36% pending ratio
Median Price
$377,200
⇩ 2% vs $385,000 last year
Average Price
$370,291
⇩ 5.1% vs $390,384 last year
Days on Market
54
⇧ 14.9% vs 47 days last year

Price Per Square Foot

Median $/sqft
$241
⇧ 3% vs $234/sqft last year
Median Home Size
1,482 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 144 this year vs 103 last year
  • Days on market: 54 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $377,200 (-2% YoY)
  • Average: $370,291 (-5.1% 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 9.3 miles — 1,511 listings ($757,677,872 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85037Phoenix, AZ 850370.0 mi143$51,257,206$358,750$358,442
85305Glendale, AZ 853052.8 mi61$33,169,726$538,495$543,766
85307Glendale, AZ 853073.9 mi32$17,711,776$447,500$553,493
85035Phoenix, AZ 850354.2 mi68$22,861,056$336,000$336,192
85031Phoenix, AZ 850315.6 mi52$16,985,072$344,975$326,636
85345Peoria, AZ 853455.7 mi141$52,341,174$375,750$371,214
85323Avondale, AZ 853236.1 mi166$71,737,564$414,950$432,154
85019Phoenix, AZ 850197.1 mi56$17,947,888$349,250$320,498
85335El Mirage, AZ 853357.6 mi78$32,173,596$372,225$412,482
85395Goodyear, AZ 853958.1 mi286$166,433,410$557,950$581,935
85381Peoria, AZ 853818.5 mi90$48,864,510$453,450$542,939
85304Glendale, AZ 853048.8 mi80$40,191,600$444,450$502,395
85340Litchfield Park, AZ 853409.3 mi258$186,003,294$599,850$720,943

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85037?

As of March 2026, there are 144 active listings in PHOENIX, AZ (zip code 85037), compared to 103 the prior year.

What is the median home price in PHOENIX, AZ 85037?

The median listing price in PHOENIX, AZ 85037 is $377,200 as of March 2026, a 2% decrease from $385,000 the prior year.

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

Homes in PHOENIX, AZ 85037 spend an average of 54 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85037?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85037 is currently a Buyer's Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 47 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 85037 save an estimated $7,544 compared to a typical 5% commission on the median listing price of $377,200. 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.