Active Listings
73
⇩ 8.8% vs 80 last year
Ahwatukee Foothills · Cimarron · Green Valley Trailer Park · Laveen · South Mountain · South Phoenix · Southern Acres Mobile Home Park
Data as of July 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85040) currently shows 73 active listings, with 15 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
The median listing price has risen 1.7% year-over-year, from $342,475 to $348,150.
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 July 2026, there are 73 active listings in PHOENIX, AZ (zip code 85040), compared to 80 the prior year.
The median listing price in PHOENIX, AZ 85040 is $348,150 as of July 2026, a 1.7% increase from $342,475 the prior year.
Homes in PHOENIX, AZ 85040 spend an average of 48 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PHOENIX, AZ 85040 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85040 save an estimated $6,963 compared to a typical 5% commission on the median listing price of $348,150. 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.