Your Localized Market Report
Phoenix, AZ 85006
Single-Family Homes
Lawyers Title Arizona www.LawyersTitleArizona.com
Phoenix, AZ 85006
Fri Sep 11 2026
This week the median list price for Phoenix, AZ 85006 is $494,495 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 54.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $494,495 | |
| Median Price of New Listings | $522,500 | |
| Per Square Foot | $380 | |
| Average Days on Market | 109 | |
| Median Days on Market | 74 | |
| Price Decreased | 57% | |
| Price Increased | 0% | |
| Relisted | 15% | |
| Inventory | 54 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate 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 |
|---|---|---|---|---|---|---|---|---|
| $749,450 | 1,792 | 6,500 - 8,000 sqft | 3 | 3 | 85 | 1 | 1 | 59 |
| $545,000 | 1,669 | 6,500 - 8,000 sqft | 3 | 2 | 81 | 1 | 3 | 56 |
| $462,495 | 1,013 | 4,500 - 6,500 sqft | 3 | 1.5 | 90 | 1 | 0 | 91 |
| $395,000 | 1,119 | 6,500 - 8,000 sqft | 3 | 1 | 96 | 1 | 2 | 77 |