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Phoenix, AZ 85032 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: 6969PendingPending sales: 88
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): $409k$409kSoldMedian sold price (last 6 months): $421k$421k
What homes actually sell for in Phoenix, AZ
Distribution of 473 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $303k to $550k
$151k to $232k: 42 sales$151k$232k to $313k: 60 sales$313k to $394k: 70 sales$313k$394k to $475k: 95 sales95sales$475k to $556k: 67 sales$475k$556k to $638k: 44 sales$638k to $719k: 28 sales$638k$719k to $800k: 20 salesMedian $421k

What the numbers say

As of September 14, 2026, Resideline is tracking 69 active listings and 8 pending sales in ZIP code 85032. 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 $409,000, while the median of the 473 closed sales Resideline tracked over the last six months was $421,000. 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 85032 for 65 days.

Frequently asked questions

What is the median home price in 85032?

The median closed sale price in Phoenix, AZ 85032 was $421,000 over the last six months, based on 473 closed sales tracked by Resideline. The middle half of those sales ranged from $303,000 to $550,000.

Is 85032 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 69 active listings in 85032, 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, 85032 currently looks like a balanced market.

Nearby ZIP code market data

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