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South Mountain

PHOENIX, AZ 85041

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

Market Overview

Active Listings
140
⇧ 6.1% vs 132 last year
Pending
31
22% pending ratio
Median Price
$420,000
⇩ 6.7% vs $450,250 last year
Average Price
$508,872
⇩ 4.8% vs $534,787 last year
Days on Market
83
⇧ 31.7% vs 63 days last year

Market Context

Population: 62,702  ·  Density: 1,514.1/mi²  ·  Median household income: $65,345

Typical home value: $271,516  ·  Homeownership: 72.7%

Market Analysis

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

The PHOENIX, AZ real estate market (85041) currently shows 140 active listings, with 31 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 63 days last year.

The median listing price has fallen 6.7% year-over-year, from $450,250 to $420,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 140 this year vs 132 last year
  • Days on market: 83 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $420,000 (-6.7% YoY)
  • Average: $508,872 (-4.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.6 miles — 1,304 listings ($784,297,728 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85041Phoenix, AZ 850410.0 mi140$71,242,080$420,000$508,872
85009Phoenix, AZ 850094.1 mi71$24,771,829$314,900$348,899
85003Phoenix, AZ 850034.8 mi57$52,833,699$769,000$926,907
85040Phoenix, AZ 850405.0 mi59$21,554,942$354,500$365,338
85043Phoenix, AZ 850436.0 mi85$33,432,370$379,999$393,322
85034Phoenix, AZ 850346.1 mi13$7,292,870$427,000$560,990
85044Phoenix, AZ 850446.8 mi136$76,164,080$475,000$560,030
85035Phoenix, AZ 850357.7 mi70$23,576,560$337,500$336,808
85015Phoenix, AZ 850158.5 mi140$57,116,500$376,000$407,975
85012Phoenix, AZ 850128.6 mi64$40,171,072$530,000$627,673
85019Phoenix, AZ 850198.7 mi53$17,574,376$360,000$331,592
85014Phoenix, AZ 850149.0 mi154$92,287,580$460,000$599,270
85016Phoenix, AZ 850169.6 mi262$266,279,770$595,000$1,016,335

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85041?

As of January 2026, there are 140 active listings in PHOENIX, AZ (zip code 85041), compared to 132 the prior year.

What is the median home price in PHOENIX, AZ 85041?

The median listing price in PHOENIX, AZ 85041 is $420,000 as of January 2026, a 6.7% decrease from $450,250 the prior year.

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

Homes in PHOENIX, AZ 85041 spend an average of 83 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85041?

Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85041 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 63 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 85041 save an estimated $8,400 compared to a typical 5% commission on the median listing price of $420,000. 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.