Population: 27,769 · Density: 281.3/mi² · Median household income: $112,928
Typical home value: $530,333 · Homeownership: 60.1%
Data as of January 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85085) currently shows 168 active listings, with 40 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 79 days on market compared to 67 days last year.
The median listing price has risen 0.5% year-over-year, from $696,698 to $699,900.
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 $ |
|---|---|---|---|---|---|---|
| 85085 | Phoenix, AZ 85085 | 0.0 mi | 168 | $128,703,456 | $699,900 | $766,092 |
| 85083 | Phoenix, AZ 85083 | 5.2 mi | 64 | $50,892,480 | $680,000 | $795,195 |
| 85086 | Phoenix, AZ 85086 | 5.8 mi | 306 | $258,475,446 | $732,000 | $844,691 |
| 85310 | Glendale, AZ 85310 | 7.0 mi | 62 | $59,784,864 | $659,000 | $964,272 |
| 85023 | Phoenix, AZ 85023 | 8.7 mi | 75 | $35,376,300 | $425,000 | $471,684 |
| 85054 | Phoenix, AZ 85054 | 9.2 mi | 96 | $72,883,680 | $586,250 | $759,205 |
| 85053 | Phoenix, AZ 85053 | 9.4 mi | 69 | $27,619,182 | $399,000 | $400,278 |
| 85377 | Carefree, AZ 85377 | 10.3 mi | 99 | $178,852,707 | $1,459,450 | $1,806,593 |
| 85029 | Phoenix, AZ 85029 | 11.3 mi | 122 | $47,808,140 | $385,000 | $391,870 |
| 85254 | Scottsdale, AZ 85254 | 12.1 mi | 306 | $397,224,720 | $948,500 | $1,298,120 |
| 85087 | New River, AZ 85087 | 12.5 mi | 72 | $67,168,224 | $749,999 | $932,892 |
| 85028 | Phoenix, AZ 85028 | 12.7 mi | 80 | $88,792,400 | $704,500 | $1,109,905 |
| 85021 | Phoenix, AZ 85021 | 13.6 mi | 109 | $92,793,444 | $600,000 | $851,316 |
As of January 2026, there are 168 active listings in PHOENIX, AZ (zip code 85085), compared to 180 the prior year.
The median listing price in PHOENIX, AZ 85085 is $699,900 as of January 2026, a 0.5% increase from $696,698 the prior year.
Homes in PHOENIX, AZ 85085 spend an average of 79 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PHOENIX, AZ 85085 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85085 save an estimated $13,998 compared to a typical 5% commission on the median listing price of $699,900. 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.