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Desert Skies Mobile Home Park Desert View Paradise Peak West Mobile Home Park Paradise Valley

PHOENIX, AZ 85050

Real Estate Market Report  ·  Maricopa County
Buyer's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85050

Desert Skies Mobile Home Park · Desert View · Paradise Peak West Mobile Home Park · Paradise Valley

Market Analysis

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

The PHOENIX, AZ real estate market (85050) currently shows 161 active listings, with 51 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 43 days last year.

The median listing price has risen 4.7% year-over-year, from $682,450 to $714,678.

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: 31,425  ·  Density: 814.6/mi²  ·  Median household income: $133,455

Typical home value: $480,012  ·  Homeownership: 76.0%

Market Overview

Active Listings
161
⇧ 6.6% vs 151 last year
Pending
51
32% pending ratio
Median Price
$714,678
⇧ 4.7% vs $682,450 last year
Average Price
$781,632
⇩ 5.3% vs $825,245 last year
Days on Market
58
⇧ 34.9% vs 43 days last year

Price Per Square Foot

Median $/sqft
$328
⇩ 4.1% vs $342/sqft last year
Median Home Size
2,071 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 161 this year vs 151 last year
  • Days on market: 58 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $714,678 (+4.7% YoY)
  • Average: $781,632 (-5.3% 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 11.6 miles — 2,315 listings ($4,464,732,853 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85050Phoenix, AZ 850500.0 mi143$112,431,319$607,474$786,233
85054Phoenix, AZ 850543.0 mi116$93,818,828$641,450$808,783
85022Phoenix, AZ 850225.2 mi165$89,849,925$450,368$544,545
85027Phoenix, AZ 850276.0 mi108$36,331,092$299,250$336,399
85266Scottsdale, AZ 852666.6 mi222$488,492,574$1,643,500$2,200,417
85028Phoenix, AZ 850287.3 mi87$90,820,257$676,500$1,043,911
85053Phoenix, AZ 850538.6 mi71$28,285,193$397,875$398,383
85029Phoenix, AZ 850299.0 mi129$50,449,578$379,000$391,082
85253Paradise Valley, AZ 8525310.1 mi338$2,230,584,018$5,256,250$6,599,361
85021Phoenix, AZ 8502110.4 mi117$94,946,553$623,675$811,509
85258Scottsdale, AZ 8525810.5 mi291$371,205,420$1,012,450$1,275,620
85308Glendale, AZ 8530810.9 mi217$129,508,855$519,325$596,815
85018Phoenix, AZ 8501811.6 mi311$648,009,241$1,100,000$2,083,631

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85050?

As of June 2026, there are 161 active listings in PHOENIX, AZ (zip code 85050), compared to 151 the prior year.

What is the median home price in PHOENIX, AZ 85050?

The median listing price in PHOENIX, AZ 85050 is $714,678 as of June 2026, a 4.7% increase from $682,450 the prior year.

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

Homes in PHOENIX, AZ 85050 spend an average of 58 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 85050?

Based on current inventory and days-on-market data as of June 2026, PHOENIX, AZ 85050 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 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 85050 save an estimated $14,294 compared to a typical 5% commission on the median listing price of $714,678. 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.