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PHOENIX, AZ 85083

Real Estate Market Report  ·  Maricopa County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PHOENIX, AZ real estate market (85083) currently shows 88 active listings, with 28 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 36 days on market compared to 49 days last year.

The median listing price has fallen 3.8% year-over-year, from $697,495 to $671,000.

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: 19,703  ·  Density: 381.8/mi²  ·  Median household income: $149,058

Typical home value: $524,000  ·  Homeownership: 90.7%

Market Overview

Active Listings
88
⇩ 7.4% vs 95 last year
Pending
28
32% pending ratio
Median Price
$671,000
⇩ 3.8% vs $697,495 last year
Average Price
$773,544
⇩ 0.2% vs $775,440 last year
Days on Market
36
⇩ 26.5% vs 49 days last year

Price Per Square Foot

Median $/sqft
$263
⇩ 3% vs $271/sqft last year
Median Home Size
2,660 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 95 last year
  • Days on market: 36 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $671,000 (-3.8% YoY)
  • Average: $773,544 (-0.2% 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 12.6 miles — 2,326 listings ($1,354,443,704 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85083Phoenix, AZ 850830.0 mi66$53,721,228$697,225$813,958
85085Phoenix, AZ 850855.2 mi187$141,665,964$699,950$757,572
85308Glendale, AZ 853085.7 mi217$129,508,855$519,325$596,815
85024Phoenix, AZ 850247.5 mi130$76,900,200$555,999$591,540
85053Phoenix, AZ 850537.9 mi71$28,285,193$397,875$398,383
85023Phoenix, AZ 850238.5 mi90$44,433,180$429,350$493,702
85383Peoria, AZ 853839.9 mi583$464,009,117$683,500$795,899
85304Glendale, AZ 8530410.0 mi80$40,191,600$444,450$502,395
85022Phoenix, AZ 8502210.1 mi165$89,849,925$450,368$544,545
85378Surprise, AZ 8537811.3 mi36$11,332,620$359,498$314,795
85302Glendale, AZ 8530212.0 mi99$37,127,574$387,500$375,026
85375Sun City West, AZ 8537512.1 mi501$205,696,572$385,000$410,572
85051Phoenix, AZ 8505112.6 mi101$31,721,676$337,500$314,076

Frequently Asked Questions

How many homes are for sale in PHOENIX, AZ 85083?

As of March 2026, there are 88 active listings in PHOENIX, AZ (zip code 85083), compared to 95 the prior year.

What is the median home price in PHOENIX, AZ 85083?

The median listing price in PHOENIX, AZ 85083 is $671,000 as of March 2026, a 3.8% decrease from $697,495 the prior year.

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

Homes in PHOENIX, AZ 85083 spend an average of 36 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in PHOENIX, AZ 85083?

Based on current inventory and days-on-market data as of March 2026, PHOENIX, AZ 85083 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 36 days on market compared to 49 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 85083 save an estimated $13,420 compared to a typical 5% commission on the median listing price of $671,000. 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.