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Phoenix, AZ 85086 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Phoenix, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 8080PendingPending sales: 55
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): $786k$786kSoldMedian sold price (last 6 months): $597k$597k
What homes actually sell for in Phoenix, AZ
Distribution of 453 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $452k to $825k
$336k to $462k: 102 sales102sales$336k$462k to $587k: 97 sales$587k to $713k: 80 sales$587k$713k to $838k: 44 sales$838k to $964k: 29 sales$838k$964k to $1.09M: 26 sales$1.09M to $1.21M: 19 sales$1.09M$1.21M to $1.34M: 11 salesMedian $597k

What the numbers say

As of October 26, 2026, Resideline is tracking 80 active listings and 5 pending sales in ZIP code 85086. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $786,000, while the median of the 453 closed sales Resideline tracked over the last six months was $597,000. 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 85086 for 75 days.

Frequently asked questions

What is the median home price in 85086?

The median closed sale price in Phoenix, AZ 85086 was $597,000 over the last six months, based on 453 closed sales tracked by Resideline. The middle half of those sales ranged from $452,000 to $825,000.

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

Resideline is currently tracking 5 pending sales against 80 active listings in 85086, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 85086 is currently a typical-pace market.

Nearby ZIP code market data

Full Phoenix, AZ housing market report →

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