Call or Text (240) SELL-123
Estrella Fowler Santa Maria

PHOENIX, AZ 85043

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

Neighborhoods in ZIP 85043

Estrella · Fowler · Santa Maria

Market Analysis

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

The PHOENIX, AZ real estate market (85043) currently shows 88 active listings, with 22 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

The median listing price has fallen 2.1% year-over-year, from $400,975 to $392,475.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PHOENIX, AZ 85043 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 40,091  ·  Density: 762.2/mi²  ·  Median household income: $66,158

Typical home value: $255,444  ·  Homeownership: 64.7%

Market Overview

Active Listings
88
⇩ 10.2% vs 98 last year
Pending
22
25% pending ratio
Median Price
$392,475
⇩ 2.1% vs $400,975 last year
Average Price
$392,238
⇩ 3% vs $404,376 last year
Days on Market
49
⇧ 8.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$215
⇩ 8.9% vs $236/sqft last year
Median Home Size
1,765 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 98 last year
  • Days on market: 49 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $392,475 (-2.1% YoY)
  • Average: $392,238 (-3% 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 9.5 miles — 1,273 listings ($544,627,702 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85043Phoenix, AZ 850430.0 mi84$32,637,276$385,000$388,539
85009Phoenix, AZ 850094.2 mi68$24,784,776$325,000$364,482
85353Tolleson, AZ 853534.5 mi165$76,093,050$427,625$461,170
85037Phoenix, AZ 850375.6 mi143$51,257,206$358,750$358,442
85019Phoenix, AZ 850196.2 mi56$17,947,888$349,250$320,498
85017Phoenix, AZ 850176.8 mi77$20,184,318$291,200$262,134
85301Glendale, AZ 853017.0 mi125$40,004,375$287,250$320,035
85392Avondale, AZ 853927.2 mi120$56,799,000$449,497$473,325
85323Avondale, AZ 853237.5 mi166$71,737,564$414,950$432,154
85305Glendale, AZ 853057.5 mi61$33,169,726$538,495$543,766
85013Phoenix, AZ 850138.5 mi97$55,293,298$429,750$570,034
85012Phoenix, AZ 850129.0 mi79$47,007,449$517,225$595,031
85307Glendale, AZ 853079.5 mi32$17,711,776$447,500$553,493

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85043?

As of March 2026, there are 88 active listings in PHOENIX, AZ (zip code 85043), compared to 98 the prior year.

What is the median home price in PHOENIX, AZ 85043?

The median listing price in PHOENIX, AZ 85043 is $392,475 as of March 2026, a 2.1% decrease from $400,975 the prior year.

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

Homes in PHOENIX, AZ 85043 spend an average of 49 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85043?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85043 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 45 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 85043 save an estimated $7,850 compared to a typical 5% commission on the median listing price of $392,475. 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.