Population: 8,394 · Density: 378.5/mi² · Median household income: $85,656
Typical home value: $465,977 · Homeownership: 33.5%
Data as of January 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85054) currently shows 96 active listings, with 27 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 72 days on market compared to 45 days last year.
The median listing price has fallen 11.1% year-over-year, from $659,250 to $586,250.
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 $ |
|---|---|---|---|---|---|---|
| 85054 | Phoenix, AZ 85054 | 0.0 mi | 96 | $72,883,680 | $586,250 | $759,205 |
| 85254 | Scottsdale, AZ 85254 | 4.2 mi | 306 | $397,224,720 | $948,500 | $1,298,120 |
| 85260 | Scottsdale, AZ 85260 | 5.6 mi | 237 | $307,034,211 | $720,000 | $1,295,503 |
| 85266 | Scottsdale, AZ 85266 | 6.0 mi | 200 | $443,712,200 | $1,710,000 | $2,218,561 |
| 85028 | Phoenix, AZ 85028 | 7.3 mi | 80 | $88,792,400 | $704,500 | $1,109,905 |
| 85258 | Scottsdale, AZ 85258 | 8.3 mi | 234 | $286,861,302 | $984,000 | $1,225,903 |
| 85023 | Phoenix, AZ 85023 | 9.0 mi | 75 | $35,376,300 | $425,000 | $471,684 |
| 85085 | Phoenix, AZ 85085 | 9.2 mi | 168 | $128,703,456 | $699,900 | $766,092 |
| 85020 | Phoenix, AZ 85020 | 9.7 mi | 177 | $102,834,876 | $396,500 | $580,988 |
| 85250 | Scottsdale, AZ 85250 | 10.6 mi | 180 | $170,917,920 | $699,000 | $949,544 |
| 85053 | Phoenix, AZ 85053 | 11.1 mi | 69 | $27,619,182 | $399,000 | $400,278 |
| 85021 | Phoenix, AZ 85021 | 11.6 mi | 109 | $92,793,444 | $600,000 | $851,316 |
| 85251 | Scottsdale, AZ 85251 | 12.6 mi | 519 | $592,021,224 | $619,000 | $1,140,696 |
As of January 2026, there are 96 active listings in PHOENIX, AZ (zip code 85054), compared to 71 the prior year.
The median listing price in PHOENIX, AZ 85054 is $586,250 as of January 2026, a 11.1% decrease from $659,250 the prior year.
Homes in PHOENIX, AZ 85054 spend an average of 72 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85054 is currently a Buyer's Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85054 save an estimated $11,725 compared to a typical 5% commission on the median listing price of $586,250. 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.