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Phoenix, AZ 85015 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Phoenix, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 4141PendingPending sales: 22
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): $425k$425kSoldMedian sold price (last 6 months): $360k$360k
What homes actually sell for in Phoenix, AZ
Distribution of 167 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $270k to $470k
$118k to $187k: 16 sales$118k$187k to $255k: 13 sales$255k to $324k: 35 sales35sales$255k$324k to $392k: 30 sales$392k to $461k: 22 sales$392k$461k to $530k: 14 sales$530k to $598k: 10 sales$530k$598k to $667k: 10 salesMedian $360k

What the numbers say

As of October 5, 2026, Resideline is tracking 41 active listings and 2 pending sales in ZIP code 85015. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $425,000, while the median of the 167 closed sales Resideline tracked over the last six months was $360,000. 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 85015 for 64 days.

Frequently asked questions

What is the median home price in 85015?

The median closed sale price in Phoenix, AZ 85015 was $360,000 over the last six months, based on 167 closed sales tracked by Resideline. The middle half of those sales ranged from $270,000 to $470,500.

Is 85015 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 41 active listings in 85015, a pending-to-active ratio of 0.05. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 85015 currently looks like a balanced market.

Nearby ZIP code market data

Full Phoenix, AZ housing market report →

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