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PHOENIX, AZ 85041

Real Estate Market Report  ·  Maricopa County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85041

Broadway Trailer Court · Chapparal Mobile Village · Countryside Mobile Home Park · Laveen · Mountain Gate Mobile Home Park · Roadrunner Mobile Home Park · Sleepy Hollow Trailer Village · South Mountain · South Phoenix · Southern Foothills Mobile Home Park

Market Analysis

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

The PHOENIX, AZ real estate market (85041) currently shows 141 active listings, with 42 pending sales. Homes are averaging 50 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 taking longer to sell, averaging 50 days on market compared to 43 days last year.

The median listing price has fallen 3.8% year-over-year, from $449,394 to $432,500.

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 Context

Market Context

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

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

Market Overview

Active Listings
141
⇩ 17.1% vs 170 last year
Pending
42
30% pending ratio
Median Price
$432,500
⇩ 3.8% vs $449,394 last year
Average Price
$497,863
⇩ 11.1% vs $559,740 last year
Days on Market
50
⇧ 16.3% vs 43 days last year

Price Per Square Foot

Median $/sqft
$240
⇧ 1.3% vs $237/sqft last year
Median Home Size
1,937 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 141 this year vs 170 last year
  • Days on market: 50 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $432,500 (-3.8% YoY)
  • Average: $497,863 (-11.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.6 miles — 1,402 listings ($859,305,252 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85041Phoenix, AZ 850410.0 mi146$74,166,102$424,250$507,987
85009Phoenix, AZ 850094.1 mi68$24,784,776$325,000$364,482
85003Phoenix, AZ 850034.8 mi80$72,620,960$762,444$907,762
85040Phoenix, AZ 850405.0 mi59$21,379,889$347,000$362,371
85043Phoenix, AZ 850436.0 mi84$32,637,276$385,000$388,539
85034Phoenix, AZ 850346.1 mi10$5,685,400$426,975$568,540
85044Phoenix, AZ 850446.8 mi158$90,968,658$450,000$575,751
85035Phoenix, AZ 850357.7 mi68$22,861,056$336,000$336,192
85015Phoenix, AZ 850158.5 mi148$58,108,056$357,475$392,622
85012Phoenix, AZ 850128.6 mi79$47,007,449$517,225$595,031
85019Phoenix, AZ 850198.7 mi56$17,947,888$349,250$320,498
85014Phoenix, AZ 850149.0 mi154$93,372,202$449,500$606,313
85016Phoenix, AZ 850169.6 mi292$297,765,540$610,000$1,019,745

Frequently Asked Questions

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

As of March 2026, there are 141 active listings in PHOENIX, AZ (zip code 85041), compared to 170 the prior year.

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

The median listing price in PHOENIX, AZ 85041 is $432,500 as of March 2026, a 3.8% decrease from $449,394 the prior year.

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

Homes in PHOENIX, AZ 85041 spend an average of 50 days on the market before going under contract, compared to 43 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 March 2026, PHOENIX, AZ 85041 is currently a Balanced Market. Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 50 days on market compared to 43 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 $8,650 compared to a typical 5% commission on the median listing price of $432,500. 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.