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Phoenix, AZ 85020 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: 0.15
ActiveActive listings: 6161PendingPending sales: 99
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): $442k$442kSoldMedian sold price (last 6 months): $379k$379k
What homes actually sell for in Phoenix, AZ
Distribution of 294 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $285k to $575k
$195k to $336k: 119 sales119sales$195k$336k to $478k: 57 sales$478k to $619k: 39 sales$478k$619k to $760k: 14 sales$760k to $902k: 10 sales$760k$902k to $1.04M: 9 sales$1.04M to $1.18M: 8 sales$1.04M$1.18M to $1.33M: 9 salesMedian $379k

What the numbers say

As of October 5, 2026, Resideline is tracking 61 active listings and 9 pending sales in ZIP code 85020. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $442,000, while the median of the 294 closed sales Resideline tracked over the last six months was $379,000. 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 85020 for 59 days.

Frequently asked questions

What is the median home price in 85020?

The median closed sale price in Phoenix, AZ 85020 was $379,000 over the last six months, based on 294 closed sales tracked by Resideline. The middle half of those sales ranged from $285,000 to $575,000.

Is 85020 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 61 active listings in 85020, a pending-to-active ratio of 0.15. 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, 85020 currently looks like a balanced market.

Nearby ZIP code market data

Full Phoenix, AZ housing market report →

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