Start Free
All market snapshots / 85024

Phoenix, AZ 85024 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: 0.12
ActiveActive listings: 3333PendingPending 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): $420k$420kSoldMedian sold price (last 6 months): $600k$600k
What homes actually sell for in Phoenix, AZ
Distribution of 284 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $420k to $740k
$117k to $223k: 14 sales$117k$223k to $330k: 7 sales$330k to $436k: 48 sales$330k$436k to $543k: 39 sales$543k to $649k: 43 sales$543k$649k to $755k: 55 sales55sales$755k to $862k: 32 sales$755k$862k to $968k: 18 salesMedian $600k

What the numbers say

As of September 14, 2026, Resideline is tracking 33 active listings and 4 pending sales in ZIP code 85024. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $420,000, while the median of the 284 closed sales Resideline tracked over the last six months was $599,900. 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 85024 for 67 days.

Frequently asked questions

What is the median home price in 85024?

The median closed sale price in Phoenix, AZ 85024 was $599,900 over the last six months, based on 284 closed sales tracked by Resideline. The middle half of those sales ranged from $420,000 to $740,000.

Is 85024 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 33 active listings in 85024, a pending-to-active ratio of 0.12. 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, 85024 currently looks like a balanced market.

Nearby ZIP code market data

Full Phoenix, AZ housing market report →
Run any 85024 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.