Camelback East · Central City · Central Phoenix · Starlite Trailer Park
Data as of February 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85008) currently shows 111 active listings, with 22 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.
The median listing price has fallen 24.5% year-over-year, from $528,750 to $399,000.
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.
Population: 61,759 · Density: 2,330.7/mi² · Median household income: $57,728
Typical home value: $305,235 · Homeownership: 28.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85008 | Phoenix, AZ 85008 | 0.0 mi | 106 | $51,672,032 | $399,999 | $487,472 |
| 85006 | Phoenix, AZ 85006 | 3.5 mi | 62 | $31,024,986 | $485,000 | $500,403 |
| 85016 | Phoenix, AZ 85016 | 4.0 mi | 262 | $266,279,770 | $595,000 | $1,016,335 |
| 85257 | Scottsdale, AZ 85257 | 4.2 mi | 192 | $112,714,368 | $640,000 | $587,054 |
| 85040 | Phoenix, AZ 85040 | 4.6 mi | 59 | $21,554,942 | $354,500 | $365,338 |
| 85004 | Phoenix, AZ 85004 | 4.8 mi | 53 | $33,662,844 | $519,900 | $635,148 |
| 85003 | Phoenix, AZ 85003 | 5.3 mi | 57 | $52,833,699 | $769,000 | $926,907 |
| 85282 | Tempe, AZ 85282 | 5.7 mi | 110 | $52,130,870 | $484,250 | $473,917 |
| 85007 | Phoenix, AZ 85007 | 6.1 mi | 53 | $37,472,537 | $609,000 | $707,029 |
| 85013 | Phoenix, AZ 85013 | 6.4 mi | 91 | $51,913,134 | $430,000 | $570,474 |
| 85015 | Phoenix, AZ 85015 | 7.3 mi | 140 | $57,116,500 | $376,000 | $407,975 |
| 85042 | Phoenix, AZ 85042 | 8.1 mi | 163 | $93,196,065 | $465,000 | $571,755 |
| 85020 | Phoenix, AZ 85020 | 8.2 mi | 177 | $102,834,876 | $396,500 | $580,988 |
As of February 2026, there are 111 active listings in PHOENIX, AZ (zip code 85008), compared to 77 the prior year.
The median listing price in PHOENIX, AZ 85008 is $399,000 as of February 2026, a 24.5% decrease from $528,750 the prior year.
Homes in PHOENIX, AZ 85008 spend an average of 54 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PHOENIX, AZ 85008 is currently a Balanced Market. Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85008 save an estimated $7,980 compared to a typical 5% commission on the median listing price of $399,000. 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.