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Phoenix, AZ 85051

Single-Family Homes

Here is your weekly Market Update!



Phoenix, AZ 85051

Thu Jan 01 2026
This week the median list price for Phoenix, AZ 85051 is $375,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has decreased to 49. Click here to stay informed with the Phoenix market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Phoenix, AZ 85051

Thu Jan 01 2026
This week the median list price for Phoenix, AZ 85051 is $375,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has decreased to 49. Click here to stay informed with the Phoenix market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $375,000
Median Price of New Listings $395,000
Per Square Foot $239
Average Days on Market 93
Median Days on Market 70
Price Decreased 47%
Price Increased 8%
Relisted 2%
Inventory 49
Median Rent
Market Action 44
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$445,000 1,836 8,000 - 10,000 sqft 4 2 56 1 4 84
$392,000 1,609 6,500 - 8,000 sqft 3 2 62 1 2 66
$357,395 1,431 6,500 - 8,000 sqft 3 2 64 0 5 70
$319,999 1,178 6,500 - 8,000 sqft 3 2 67 1 2 140