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Phoenix, AZ 85018 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Phoenix, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 7474PendingPending sales: 66
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): $605k$605kSoldMedian sold price (last 6 months): $925k$925k
What homes actually sell for in Phoenix, AZ
Distribution of 385 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $475k to $1.9M
$225k to $778k: 151 sales151sales$225k$778k to $1.33M: 76 sales$1.33M to $1.88M: 43 sales$1.33M$1.88M to $2.44M: 31 sales$2.44M to $2.99M: 17 sales$2.44M$2.99M to $3.54M: 11 sales$3.54M to $4.1M: 12 sales$3.54M$4.1M to $4.65M: 6 salesMedian $925k

What the numbers say

As of September 14, 2026, Resideline is tracking 74 active listings and 6 pending sales in ZIP code 85018. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $604,950, while the median of the 385 closed sales Resideline tracked over the last six months was $925,000. 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 85018 for 85 days.

Frequently asked questions

What is the median home price in 85018?

The median closed sale price in Phoenix, AZ 85018 was $925,000 over the last six months, based on 385 closed sales tracked by Resideline. The middle half of those sales ranged from $475,000 to $1,900,000.

Is 85018 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 74 active listings in 85018, a pending-to-active ratio of 0.08. 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, 85018 currently looks like a balanced market.

Nearby ZIP code market data

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