Your Localized Market Report

Phoenix, AZ 85035

Single-Family Homes

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Phoenix, AZ 85035

Tue Nov 18 2025
This week the median list price for Phoenix, AZ 85035 is $342,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 50. 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 85035

Tue Nov 18 2025
This week the median list price for Phoenix, AZ 85035 is $342,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 50. 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 $342,000
Median Price of New Listings $365,000
Per Square Foot $226
Average Days on Market 88
Median Days on Market 46
Price Decreased 50%
Price Increased 2%
Relisted 8%
Inventory 50
Median Rent
Market Action 39
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices 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
$384,000 1,601 6,500 - 8,000 sqft 3 2 50 3 0 28
$352,000 1,420 4,500 - 6,500 sqft 3 2 50 1 0 115
$329,000 1,620 0 - 4,500 sqft 3 3 12 2 0 42
$312,500 1,516 0 - 4,500 sqft 3 2 31 0 3 49