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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.
Population: 46,913 · Density: 931.7/mi² · Median household income: $78,282
Typical home value: $309,525 · Homeownership: 62.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85042 | Phoenix, AZ 85042 | 0.0 mi | 156 | $93,076,464 | $500,000 | $596,644 |
| 85040 | Phoenix, AZ 85040 | 3.5 mi | 59 | $21,379,889 | $347,000 | $362,371 |
| 85048 | Phoenix, AZ 85048 | 4.0 mi | 142 | $93,750,246 | $596,175 | $660,213 |
| 85034 | Phoenix, AZ 85034 | 5.5 mi | 10 | $5,685,400 | $426,975 | $568,540 |
| 85004 | Phoenix, AZ 85004 | 6.5 mi | 55 | $37,055,975 | $523,748 | $673,745 |
| 85003 | Phoenix, AZ 85003 | 6.5 mi | 80 | $72,620,960 | $762,444 | $907,762 |
| 85284 | Tempe, AZ 85284 | 6.8 mi | 56 | $61,371,072 | $757,450 | $1,095,912 |
| 85282 | Tempe, AZ 85282 | 7.2 mi | 118 | $55,042,752 | $472,450 | $466,464 |
| 85009 | Phoenix, AZ 85009 | 7.4 mi | 68 | $24,784,776 | $325,000 | $364,482 |
| 85281 | Tempe, AZ 85281 | 8.3 mi | 106 | $69,760,508 | $492,500 | $658,118 |
| 85339 | Laveen, AZ 85339 | 9.9 mi | 220 | $124,860,340 | $498,000 | $567,547 |
| 85202 | Mesa, AZ 85202 | 10.2 mi | 118 | $45,716,386 | $322,200 | $387,427 |
| 85224 | Chandler, AZ 85224 | 10.3 mi | 104 | $46,711,184 | $444,725 | $449,146 |
As of September 2026, there are 153 active listings in PHOENIX, AZ (zip code 85042), compared to 164 the prior year.
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.
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.
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.
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.