Your Localized Market Report
Phoenix, AZ 85006
Single-Family Homes
Lawyers Title Arizona www.LawyersTitleArizona.com
Phoenix, AZ 85006
Tue Jun 09 2026
This week the median list price for Phoenix, AZ 85006 is $499,950 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 48.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $499,950 | |
| Median Price of New Listings | $499,900 | |
| Per Square Foot | $389 | |
| Average Days on Market | 108 | |
| Median Days on Market | 70 | |
| Price Decreased | 65% | |
| Price Increased | 0% | |
| Relisted | 2% | |
| Inventory | 48 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
While this week the median price in this zip code didn’t fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $789,500 | 2,255 | 6,500 - 8,000 sqft | 4 | 3 | 93 | 0 | 1 | 84 |
| $550,000 | 1,478 | 6,500 - 8,000 sqft | 3 | 2 | 90 | 1 | 1 | 80 |
| $469,450 | 1,098 | 4,500 - 6,500 sqft | 2 | 2 | 89 | 1 | 0 | 73 |
| $389,450 | 949 | 6,500 - 8,000 sqft | 3 | 1 | 93 | 1 | 5 | 56 |