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Phoenix, AZ 85041 Housing Market

Data snapshot: October 12, 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: 5555PendingPending 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): $450k$450kSoldMedian sold price (last 6 months): $365k$365k
What homes actually sell for in Phoenix, AZ
Distribution of 270 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $415k
$170k to $222k: 14 sales$170k$222k to $275k: 16 sales$275k to $328k: 34 sales$275k$328k to $380k: 74 sales74sales$380k to $432k: 66 sales$380k$432k to $485k: 27 sales$485k to $538k: 8 sales$485k$538k to $590k: 4 salesMedian $365k

What the numbers say

As of October 12, 2026, Resideline is tracking 55 active listings and 4 pending sales in ZIP code 85041. 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 $450,000, while the median of the 270 closed sales Resideline tracked over the last six months was $365,000. 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 85041 for 72 days.

Frequently asked questions

What is the median home price in 85041?

The median closed sale price in Phoenix, AZ 85041 was $365,000 over the last six months, based on 270 closed sales tracked by Resideline. The middle half of those sales ranged from $315,000 to $415,000.

Is 85041 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 55 active listings in 85041, 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, 85041 currently looks like a balanced market.

Nearby ZIP code market data

Full Phoenix, AZ housing market report →

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