Active Listings
65
⇩ 30.9% vs 94 last year
Ahwatukee Foothills · Cimarron · Green Valley Trailer Park · Laveen · South Mountain · South Phoenix · Southern Acres Mobile Home Park
Data as of March 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85040) currently shows 65 active listings, with 21 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 38 days on market compared to 46 days last year.
The median listing price has fallen 6.2% year-over-year, from $369,990 to $347,000.
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: 34,861 · Density: 1,331.4/mi² · Median household income: $55,771
Typical home value: $246,197 · Homeownership: 46.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85040 | Phoenix, AZ 85040 | 0.0 mi | 59 | $21,379,889 | $347,000 | $362,371 |
| 85042 | Phoenix, AZ 85042 | 3.5 mi | 156 | $93,076,464 | $500,000 | $596,644 |
| 85004 | Phoenix, AZ 85004 | 4.0 mi | 55 | $37,055,975 | $523,748 | $673,745 |
| 85003 | Phoenix, AZ 85003 | 4.3 mi | 80 | $72,620,960 | $762,444 | $907,762 |
| 85007 | Phoenix, AZ 85007 | 4.7 mi | 56 | $41,195,616 | $598,000 | $735,636 |
| 85041 | Phoenix, AZ 85041 | 5.0 mi | 146 | $74,166,102 | $424,250 | $507,987 |
| 85288 | Tempe, AZ 85288 | 5.6 mi | 70 | $31,924,900 | $439,750 | $456,070 |
| 85283 | Tempe, AZ 85283 | 6.2 mi | 117 | $60,581,079 | $499,900 | $517,787 |
| 85048 | Phoenix, AZ 85048 | 7.1 mi | 142 | $93,750,246 | $596,175 | $660,213 |
| 85016 | Phoenix, AZ 85016 | 7.2 mi | 292 | $297,765,540 | $610,000 | $1,019,745 |
| 85012 | Phoenix, AZ 85012 | 7.4 mi | 79 | $47,007,449 | $517,225 | $595,031 |
| 85013 | Phoenix, AZ 85013 | 7.9 mi | 97 | $55,293,298 | $429,750 | $570,034 |
| 85015 | Phoenix, AZ 85015 | 8.3 mi | 148 | $58,108,056 | $357,475 | $392,622 |
As of March 2026, there are 65 active listings in PHOENIX, AZ (zip code 85040), compared to 94 the prior year.
The median listing price in PHOENIX, AZ 85040 is $347,000 as of March 2026, a 6.2% decrease from $369,990 the prior year.
Homes in PHOENIX, AZ 85040 spend an average of 38 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85040 is currently a Seller's Market. Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85040 save an estimated $6,940 compared to a typical 5% commission on the median listing price of $347,000. 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.