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Phoenix, AZ 85083 Housing Market

Data snapshot: October 5, 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: 3030PendingPending sales: 22
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): $595k$595kSoldMedian sold price (last 6 months): $630k$630k
What homes actually sell for in Phoenix, AZ
Distribution of 160 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $485k to $780k
$387k to $495k: 33 sales$387k$495k to $603k: 35 sales35sales$603k to $711k: 25 sales$603k$711k to $818k: 27 sales$818k to $926k: 14 sales$818k$926k to $1.03M: 6 sales$1.03M to $1.14M: 4 sales$1.03M$1.14M to $1.25M: 0 salesMedian $630k

What the numbers say

As of October 5, 2026, Resideline is tracking 30 active listings and 2 pending sales in ZIP code 85083. 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 $594,950, while the median of the 160 closed sales Resideline tracked over the last six months was $630,000. 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 85083 for 73 days.

Frequently asked questions

What is the median home price in 85083?

The median closed sale price in Phoenix, AZ 85083 was $630,000 over the last six months, based on 160 closed sales tracked by Resideline. The middle half of those sales ranged from $485,000 to $780,000.

Is 85083 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 30 active listings in 85083, 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, 85083 currently looks like a balanced market.

Nearby ZIP code market data

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