Active Listings
114
⇧ 11.8% vs 102 last year
Population: 34,008 · Density: 1,297.5/mi² · Median household income: $115,101
Typical home value: $487,020 · Homeownership: 72.9%
Data as of January 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85048) currently shows 114 active listings, with 28 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are selling faster, averaging 62 days on market compared to 66 days last year.
The median listing price has fallen 1% year-over-year, from $608,725 to $602,450.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85048 | Phoenix, AZ 85048 | 0.0 mi | 114 | $86,532,840 | $602,450 | $759,060 |
| 85042 | Phoenix, AZ 85042 | 4.0 mi | 163 | $93,196,065 | $465,000 | $571,755 |
| 85226 | Chandler, AZ 85226 | 5.6 mi | 87 | $45,781,836 | $507,500 | $526,228 |
| 85040 | Phoenix, AZ 85040 | 7.1 mi | 59 | $21,554,942 | $354,500 | $365,338 |
| 85041 | Phoenix, AZ 85041 | 7.3 mi | 140 | $71,242,080 | $420,000 | $508,872 |
| 85288 | Tempe, AZ 85288 | 8.2 mi | 64 | $27,964,288 | $394,450 | $436,942 |
| 85034 | Phoenix, AZ 85034 | 9.1 mi | 13 | $7,292,870 | $427,000 | $560,990 |
| 85001 | Phoenix, AZ 85001 | 10.3 mi | 2 | $5,558,000 | $2,779,000 | $2,779,000 |
| 85004 | Phoenix, AZ 85004 | 10.5 mi | 53 | $33,662,844 | $519,900 | $635,148 |
| 85003 | Phoenix, AZ 85003 | 10.5 mi | 57 | $52,833,699 | $769,000 | $926,907 |
| 85009 | Phoenix, AZ 85009 | 11.2 mi | 71 | $24,771,829 | $314,900 | $348,899 |
| 85008 | Phoenix, AZ 85008 | 11.3 mi | 106 | $51,672,032 | $399,999 | $487,472 |
| 85225 | Chandler, AZ 85225 | 11.6 mi | 168 | $80,146,752 | $460,000 | $477,064 |
As of January 2026, there are 114 active listings in PHOENIX, AZ (zip code 85048), compared to 102 the prior year.
The median listing price in PHOENIX, AZ 85048 is $602,450 as of January 2026, a 1% decrease from $608,725 the prior year.
Homes in PHOENIX, AZ 85048 spend an average of 62 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 January 2026, PHOENIX, AZ 85048 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 62 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85048 save an estimated $12,049 compared to a typical 5% commission on the median listing price of $602,450. 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.