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Phoenix, AZ 85042 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: 0.02
ActiveActive listings: 5050PendingPending sales: 11
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): $455k$455kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Phoenix, AZ
Distribution of 235 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $510k
$153k to $239k: 34 sales$153k$239k to $326k: 20 sales$326k to $412k: 68 sales68sales$326k$412k to $499k: 39 sales$499k to $585k: 30 sales$499k$585k to $672k: 11 sales$672k to $758k: 6 sales$672k$758k to $845k: 5 salesMedian $400k

What the numbers say

As of September 14, 2026, Resideline is tracking 50 active listings and 1 pending sales in ZIP code 85042. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $455,000, while the median of the 235 closed sales Resideline tracked over the last six months was $400,000. 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 85042 for 59 days.

Frequently asked questions

What is the median home price in 85042?

The median closed sale price in Phoenix, AZ 85042 was $400,000 over the last six months, based on 235 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $510,000.

Is 85042 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 50 active listings in 85042, a pending-to-active ratio of 0.02. 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, 85042 currently looks like a balanced market.

Nearby ZIP code market data

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