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Brandywine Deer Valley Morado Encanto Rancho Encanto Steeplechase Sunray Manor Union Hills Manor

PHOENIX, AZ 85053

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85053

Brandywine · Deer Valley · Morado Encanto · Rancho Encanto · Steeplechase · Sunray Manor · Union Hills Manor

Market Analysis

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

The PHOENIX, AZ real estate market (85053) currently shows 92 active listings, with 22 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51 days on market compared to 60 days last year.

The median listing price has fallen 8.5% year-over-year, from $409,722 to $375,000.

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Market Context

Market Context

Population: 28,819  ·  Density: 2,153.6/mi²  ·  Median household income: $65,933

Typical home value: $296,168  ·  Homeownership: 62.3%

Market Overview

Active Listings
92
⇧ 3.4% vs 89 last year
Pending
22
24% pending ratio
Median Price
$375,000
⇩ 8.5% vs $409,722 last year
Average Price
$399,152
⇩ 6.2% vs $425,721 last year
Days on Market
51
⇩ 15% vs 60 days last year

Price Per Square Foot

Median $/sqft
$249
⇩ 1.6% vs $253/sqft last year
Median Home Size
1,522 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 92 this year vs 89 last year
  • Days on market: 51 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $375,000 (-8.5% YoY)
  • Average: $399,152 (-6.2% 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 8.5 miles — 1,364 listings ($668,648,892 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85053Phoenix, AZ 850530.0 mi71$28,285,193$397,875$398,383
85306Glendale, AZ 853062.6 mi55$25,883,605$422,525$470,611
85304Glendale, AZ 853043.6 mi80$40,191,600$444,450$502,395
85308Glendale, AZ 853083.7 mi217$129,508,855$519,325$596,815
85051Phoenix, AZ 850514.9 mi101$31,721,676$337,500$314,076
85310Glendale, AZ 853105.1 mi63$62,934,102$745,000$998,954
85381Peoria, AZ 853815.9 mi90$48,864,510$453,450$542,939
85024Phoenix, AZ 850246.5 mi130$76,900,200$555,999$591,540
85301Glendale, AZ 853017.2 mi125$40,004,375$287,250$320,035
85345Peoria, AZ 853457.8 mi141$52,341,174$375,750$371,214
85083Phoenix, AZ 850837.9 mi66$53,721,228$697,225$813,958
85017Phoenix, AZ 850178.3 mi77$20,184,318$291,200$262,134
85015Phoenix, AZ 850158.5 mi148$58,108,056$357,475$392,622

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85053?

As of September 2026, there are 92 active listings in PHOENIX, AZ (zip code 85053), compared to 89 the prior year.

What is the median home price in PHOENIX, AZ 85053?

The median listing price in PHOENIX, AZ 85053 is $375,000 as of September 2026, a 8.5% decrease from $409,722 the prior year.

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

Homes in PHOENIX, AZ 85053 spend an average of 51 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85053?

Based on current inventory and days-on-market data as of September 2026, PHOENIX, AZ 85053 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 60 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 85053 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. 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.