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Phoenix, AZ 85086 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: 0.04
ActiveActive listings: 6868PendingPending sales: 33
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): $785k$785kSoldMedian sold price (last 6 months): $599k$599k
What homes actually sell for in Phoenix, AZ
Distribution of 498 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $458k to $830k
$350k to $479k: 120 sales120sales$350k$479k to $608k: 117 sales$608k to $736k: 77 sales$608k$736k to $865k: 45 sales$865k to $994k: 35 sales$865k$994k to $1.12M: 23 sales$1.12M to $1.25M: 19 sales$1.12M$1.25M to $1.38M: 12 salesMedian $599k

What the numbers say

As of October 5, 2026, Resideline is tracking 68 active listings and 3 pending sales in ZIP code 85086. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $785,445, while the median of the 498 closed sales Resideline tracked over the last six months was $598,700. 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 85086 for 66 days.

Frequently asked questions

What is the median home price in 85086?

The median closed sale price in Phoenix, AZ 85086 was $598,700 over the last six months, based on 498 closed sales tracked by Resideline. The middle half of those sales ranged from $457,500 to $830,000.

Is 85086 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 68 active listings in 85086, a pending-to-active ratio of 0.04. 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, 85086 currently looks like a balanced market.

Nearby ZIP code market data

Full Phoenix, AZ housing market report →

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