Active Listings
83
⇧ 3.8% vs 80 last year
Ahwatukee Foothills · Cimarron · Green Valley Trailer Park · Laveen · South Mountain · South Phoenix · Southern Acres Mobile Home Park
Data as of September 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85040) currently shows 83 active listings, with 27 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 62 days on market compared to 80 days last year.
The median listing price has fallen 3.8% year-over-year, from $342,700 to $329,600.
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 September 2026, there are 83 active listings in PHOENIX, AZ (zip code 85040), compared to 80 the prior year.
The median listing price in PHOENIX, AZ 85040 is $329,600 as of September 2026, a 3.8% decrease from $342,700 the prior year.
Homes in PHOENIX, AZ 85040 spend an average of 62 days on the market before going under contract, compared to 80 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85040 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 62 days on market compared to 80 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85040 save an estimated $6,592 compared to a typical 5% commission on the median listing price of $329,600. 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.