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North Mountain

PHOENIX, AZ 85051

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

Market Overview

Active Listings
99
⇧ 12.5% vs 88 last year
Pending
31
31% pending ratio
Median Price
$349,950
⇩ 8.5% vs $382,475 last year
Average Price
$329,001
⇩ 12.5% vs $376,005 last year
Days on Market
60
⇩ 7.7% vs 65 days last year

Market Context

Population: 43,520  ·  Density: 2,643.8/mi²  ·  Median household income: $57,176

Typical home value: $254,063  ·  Homeownership: 52.9%

Market Analysis

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

The PHOENIX, AZ real estate market (85051) currently shows 99 active listings, with 31 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 65 days last year.

The median listing price has fallen 8.5% year-over-year, from $382,475 to $349,950.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 99 this year vs 88 last year
  • Days on market: 60 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $349,950 (-8.5% YoY)
  • Average: $329,001 (-12.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.3 miles — 1,406 listings ($757,303,495 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85051Phoenix, AZ 850510.0 mi99$32,571,099$349,950$329,001
85302Glendale, AZ 853022.7 mi102$39,410,046$396,750$386,373
85301Glendale, AZ 853013.2 mi135$44,233,425$299,894$327,655
85017Phoenix, AZ 850173.5 mi70$16,965,200$259,000$242,360
85015Phoenix, AZ 850153.9 mi140$57,116,500$376,000$407,975
85020Phoenix, AZ 850204.6 mi177$102,834,876$396,500$580,988
85031Phoenix, AZ 850314.9 mi47$14,536,019$342,450$309,277
85012Phoenix, AZ 850125.1 mi64$40,171,072$530,000$627,673
85023Phoenix, AZ 850235.5 mi75$35,376,300$425,000$471,684
85033Phoenix, AZ 850336.4 mi87$27,868,362$342,000$320,326
85381Peoria, AZ 853816.7 mi97$52,150,110$454,999$537,630
85016Phoenix, AZ 850166.8 mi262$266,279,770$595,000$1,016,335
85305Glendale, AZ 853057.3 mi51$27,790,716$540,000$544,916

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85051?

As of January 2026, there are 99 active listings in PHOENIX, AZ (zip code 85051), compared to 88 the prior year.

What is the median home price in PHOENIX, AZ 85051?

The median listing price in PHOENIX, AZ 85051 is $349,950 as of January 2026, a 8.5% decrease from $382,475 the prior year.

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

Homes in PHOENIX, AZ 85051 spend an average of 60 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85051?

Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85051 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 65 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 85051 save an estimated $6,999 compared to a typical 5% commission on the median listing price of $349,950. 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.