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Casa de Francisco Mobile Home Park La Montana del Sur Lazy D Trailer Ranch Sky Ridge Mobile Homes South Mountain South Mountain Trailer Park

PHOENIX, AZ 85042

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85042

Casa de Francisco Mobile Home Park · La Montana del Sur · Lazy D Trailer Ranch · Sky Ridge Mobile Homes · South Mountain · South Mountain Trailer Park

Market Analysis

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

The PHOENIX, AZ real estate market (85042) currently shows 153 active listings, with 32 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

The median listing price has fallen 0.6% year-over-year, from $465,999 to $463,248.

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Market Context

Market Context

Population: 46,913  ·  Density: 931.7/mi²  ·  Median household income: $78,282

Typical home value: $309,525  ·  Homeownership: 62.8%

Market Overview

Active Listings
153
⇩ 6.7% vs 164 last year
Pending
32
21% pending ratio
Median Price
$463,248
⇩ 0.6% vs $465,999 last year
Average Price
$558,976
⇩ 5.5% vs $591,780 last year
Days on Market
66
— vs 66 days last year

Price Per Square Foot

Median $/sqft
$259
⇩ 1.1% vs $262/sqft last year
Median Home Size
1,901 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 153 this year vs 164 last year
  • Days on market: 66 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $463,248 (-0.6% YoY)
  • Average: $558,976 (-5.5% 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 10.3 miles — 1,292 listings ($751,815,952 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85042Phoenix, AZ 850420.0 mi156$93,076,464$500,000$596,644
85040Phoenix, AZ 850403.5 mi59$21,379,889$347,000$362,371
85048Phoenix, AZ 850484.0 mi142$93,750,246$596,175$660,213
85034Phoenix, AZ 850345.5 mi10$5,685,400$426,975$568,540
85004Phoenix, AZ 850046.5 mi55$37,055,975$523,748$673,745
85003Phoenix, AZ 850036.5 mi80$72,620,960$762,444$907,762
85284Tempe, AZ 852846.8 mi56$61,371,072$757,450$1,095,912
85282Tempe, AZ 852827.2 mi118$55,042,752$472,450$466,464
85009Phoenix, AZ 850097.4 mi68$24,784,776$325,000$364,482
85281Tempe, AZ 852818.3 mi106$69,760,508$492,500$658,118
85339Laveen, AZ 853399.9 mi220$124,860,340$498,000$567,547
85202Mesa, AZ 8520210.2 mi118$45,716,386$322,200$387,427
85224Chandler, AZ 8522410.3 mi104$46,711,184$444,725$449,146

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85042?

As of September 2026, there are 153 active listings in PHOENIX, AZ (zip code 85042), compared to 164 the prior year.

What is the median home price in PHOENIX, AZ 85042?

The median listing price in PHOENIX, AZ 85042 is $463,248 as of September 2026, a 0.6% decrease from $465,999 the prior year.

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

Homes in PHOENIX, AZ 85042 spend an average of 66 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85042?

Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85042 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

How much can I save on real estate commission in PHOENIX, AZ?

With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85042 save an estimated $9,265 compared to a typical 5% commission on the median listing price of $463,248. 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.