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Is Phoenix a buyer's market right now?

Phoenix snapshot

As of the latest 2026 data
Median listing
$490K
YoY -0.1%
Active inventory
18,728
YoY -0.0%
Median DOM
64
YoY -0.0%
Pending ratio
0.39
YoY +0.0%
Price-reduced
28.7%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

The Phoenix-Mesa-Chandler area is not currently a buyer's market, even though prices have dropped a bit. Many homes are still selling quickly.

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