Active Listings
60
⇩ 36.8% vs 95 last year
Ahwatukee Foothills · Cimarron · Green Valley Trailer Park · Laveen · South Mountain · South Phoenix · Southern Acres Mobile Home Park
Data as of April 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85040) currently shows 60 active listings, with 15 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 35 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 52 days on market compared to 44 days last year.
The median listing price has fallen 7.5% year-over-year, from $370,725 to $342,950.
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 April 2026, there are 60 active listings in PHOENIX, AZ (zip code 85040), compared to 95 the prior year.
The median listing price in PHOENIX, AZ 85040 is $342,950 as of April 2026, a 7.5% decrease from $370,725 the prior year.
Homes in PHOENIX, AZ 85040 spend an average of 52 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PHOENIX, AZ 85040 is currently a Balanced Market. Inventory has tightened compared to last year, with 35 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 52 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85040 save an estimated $6,859 compared to a typical 5% commission on the median listing price of $342,950. 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.