First American Title Market Report

Phoenix, AZ 85086

Single-Family Homes



Phoenix, AZ 85086

Tue Jul 01 2025
This week the median list price for Phoenix, AZ 85086 is $899,500 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 150. 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

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Phoenix, AZ 85086

Tue Jul 01 2025
This week the median list price for Phoenix, AZ 85086 is $899,500 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 150. 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

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $899,500
Median Price of New Listings $825,000
Per Square Foot $340
Average Days on Market 104
Median Days on Market 84
Price Decreased 47%
Price Increased 1%
Relisted 7%
Inventory 150
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,349,950 3,545 1 - 2.5 acres 4 4 1 1 2 94
$1,079,999 3,068 1 - 2.5 acres 4 3 21 3 4 77
$770,000 2,340 1 - 2.5 acres 4 3 23 3 3 84
$564,900 2,109 4,500 - 6,500 sqft 3 2 21 4 8 70