Phoenix, AZ Market Report

April 2026 Market Summary

The Phoenix real estate market in Arizona currently has 827 active listings with a median asking price of $475,000. Prices range from $15,000 to $8,995,000, with an average of $597,563. Buyers can expect to pay around $307 per square foot.

Single Family homes dominate the market at 72% of inventory, followed by Townhouse at 14%. The typical listing offers 3 bedrooms and 2 bathrooms in 1,852 square feet. Homes spend an average of 6 days on market before going under contract.

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