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Phoenix, AZ 85014 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Phoenix, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 3232PendingPending sales: 11
Phoenix, AZ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $418k$418kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Phoenix, AZ
Distribution of 184 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $308k to $633k
$189k to $288k: 32 sales32sales$189k$288k to $387k: 26 sales$387k to $486k: 31 sales$387k$486k to $586k: 25 sales$586k to $685k: 25 sales$586k$685k to $784k: 9 sales$784k to $883k: 11 sales$784k$883k to $982k: 6 salesMedian $475k

What the numbers say

As of October 26, 2026, Resideline is tracking 32 active listings and 1 pending sales in ZIP code 85014. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $417,500, while the median of the 184 closed sales Resideline tracked over the last six months was $475,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 85014 for 90 days.

Frequently asked questions

What is the median home price in 85014?

The median closed sale price in Phoenix, AZ 85014 was $475,000 over the last six months, based on 184 closed sales tracked by Resideline. The middle half of those sales ranged from $307,900 to $633,333.

Is 85014 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 32 active listings in 85014, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 85014 is currently a slower-moving market.

Nearby ZIP code market data

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