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Phoenix, AZ 85020 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: 0.07
ActiveActive listings: 5656PendingPending sales: 44
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): $375k$375kSoldMedian sold price (last 6 months): $389k$389k
What homes actually sell for in Phoenix, AZ
Distribution of 314 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $285k to $565k
$200k to $344k: 120 sales120sales$200k$344k to $488k: 71 sales$488k to $631k: 43 sales$488k$631k to $775k: 16 sales$775k to $919k: 10 sales$775k$919k to $1.06M: 8 sales$1.06M to $1.21M: 6 sales$1.06M$1.21M to $1.35M: 9 salesMedian $389k

What the numbers say

As of September 14, 2026, Resideline is tracking 56 active listings and 4 pending sales in ZIP code 85020. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $375,000, while the median of the 314 closed sales Resideline tracked over the last six months was $389,000. 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 66 days.

Frequently asked questions

What is the median home price in 85020?

The median closed sale price in Phoenix, AZ 85020 was $389,000 over the last six months, based on 314 closed sales tracked by Resideline. The middle half of those sales ranged from $285,000 to $565,000.

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

Resideline is currently tracking 4 pending sales against 56 active listings in 85020, a pending-to-active ratio of 0.07. 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

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