Is Phoenix, AZ 85042 a buyer’s or seller’s market?
Phoenix is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score38/ 100
More competitive than 37% of U.S. ZIP codes, and #48 of 231 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply4Under 4 months = seller’s market
Sold above original list13.1%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$250▼ −0.5% vs. last year
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Nearby markets
Aguila 85320 $167 /sq ftArlington 85322Buyer’s market $241 /sq ftAvondale 85323Balanced $219 /sq ftAvondale 85392Seller’s market $220 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology