Alhambra · Metrocenter · North Mountain · Palmaritas · Phoenix West Mobile Home Park · Sahara Mobile Home Park
Data as of March 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85051) currently shows 105 active listings, with 37 pending sales. Homes are averaging 40 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 selling faster, averaging 40 days on market compared to 50 days last year.
The median listing price has fallen 7.5% year-over-year, from $375,000 to $346,937.
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.
Population: 43,520 · Density: 2,643.8/mi² · Median household income: $57,176
Typical home value: $254,063 · Homeownership: 52.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85051 | Phoenix, AZ 85051 | 0.0 mi | 101 | $31,721,676 | $337,500 | $314,076 |
| 85302 | Glendale, AZ 85302 | 2.7 mi | 99 | $37,127,574 | $387,500 | $375,026 |
| 85301 | Glendale, AZ 85301 | 3.2 mi | 125 | $40,004,375 | $287,250 | $320,035 |
| 85017 | Phoenix, AZ 85017 | 3.5 mi | 77 | $20,184,318 | $291,200 | $262,134 |
| 85015 | Phoenix, AZ 85015 | 3.9 mi | 148 | $58,108,056 | $357,475 | $392,622 |
| 85020 | Phoenix, AZ 85020 | 4.6 mi | 210 | $131,628,210 | $422,000 | $626,801 |
| 85031 | Phoenix, AZ 85031 | 4.9 mi | 52 | $16,985,072 | $344,975 | $326,636 |
| 85012 | Phoenix, AZ 85012 | 5.1 mi | 79 | $47,007,449 | $517,225 | $595,031 |
| 85023 | Phoenix, AZ 85023 | 5.5 mi | 90 | $44,433,180 | $429,350 | $493,702 |
| 85033 | Phoenix, AZ 85033 | 6.4 mi | 102 | $31,918,758 | $335,750 | $312,929 |
| 85381 | Peoria, AZ 85381 | 6.7 mi | 90 | $48,864,510 | $453,450 | $542,939 |
| 85016 | Phoenix, AZ 85016 | 6.8 mi | 292 | $297,765,540 | $610,000 | $1,019,745 |
| 85305 | Glendale, AZ 85305 | 7.3 mi | 61 | $33,169,726 | $538,495 | $543,766 |
As of March 2026, there are 105 active listings in PHOENIX, AZ (zip code 85051), compared to 115 the prior year.
The median listing price in PHOENIX, AZ 85051 is $346,937 as of March 2026, a 7.5% decrease from $375,000 the prior year.
Homes in PHOENIX, AZ 85051 spend an average of 40 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85051 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85051 save an estimated $6,939 compared to a typical 5% commission on the median listing price of $346,937. 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.