Data as of February 2026. Source: Realtor.com.
The Phoenix, AZ real estate market currently shows 5,088 active listings, with 1,377 pending sales. Homes are averaging 56.3 days on the market before going under contract.
Inventory has increased compared to last year, with 480 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 56.3 days on market compared to 52 days last year.
The median listing price has fallen 11.5% year-over-year, from $604,866 to $535,269.
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.
Population: 1,447,391 · Density: 1,899.1/mi² · Median household income: $71,726
Typical home value: $337,699 · Homeownership: 55%
Phoenix: 85001, 85002, 85003, 85004, 85005, 85006, 85007, 85008, 85009, 85010, 85011, 85012