Stepping into January 2026, Phoenix, AZ real estate stands on solid ground, with home prices holding steady and inventory supporting a highly active market for buyers and sellers alike. Stability in this market means opportunity for those who move early and with the right insights. Have you wondered what these stabilized prices mean for your next move?
Key numbers show robust fundamentals: with 15,200 active listings open, the city’s market remains accessible while not oversaturated. The median sale price is $418,000—up 2.4 percent year over year and 0.7 percent from December. Sellers should take confidence from this gentle appreciation, while buyers can anticipate fair value and less drastic fluctuations. Absorption rate is at a balanced 3.1 months, which keeps pressure in check and supports reasonable negotiation for everyone.
Inventory and Price Stability in Phoenix, AZ for January 2026
Average days on market sit at 47—a slight increase, giving buyers more time to consider offers, but not so much as to chill activity. Price reductions have reached 38 percent of listings, promoting a climate of adjustment and opportunity. Are you following how these market forces are changing the tempo in Phoenix, AZ this January 2026?
Your Next Address Starts Here
Jeff Setlow brings clarity to your Phoenix, AZ decisions in January 2026, sharing up to date price and negotiation guidance. Let’s talk timing, offers, and listing strengths for this season.
Key Metrics and What They Mean for Buyers and Sellers
The market’s valued price per square foot remains consistent at 287, grounding pricing benchmarks in all negotiations. Seller credits are incorporated in roughly 29 percent of deals, signaling a market that fosters opportunity for strategic concessions. These insights make it possible to buy an affordable home in Phoenix, AZ this January 2026, or to learn how to sell your house fast in Phoenix, AZ by responding to current demand with accurate pricing.
Neighborhood Details: Fast Movers and Hidden Gems
Sought after ZIP codes like 85018, 85048, and 85254 are moving listings faster, averaging only 32 days. The luxury segment, however, reports a longer presence on market at 66 days, reminding sellers to be patient and buyers to look for value when shopping higher priced homes. New listings at 5,374 this month keep things competitive, while 5,038 closed sales reflect an efficient, working marketplace.
Why Phoenix, AZ Remains Investable in January 2026
With solid absorption and median sale price growth, Phoenix remains a strong city for sellers looking to maximize results and for buyers targeting value. Seller credits and market incentives only add to the possibilities this season brings for everyone entering the market.
- Median sale price: $418,000
- Active listings: 15,200
- Median days on market: 47
- Absorption rate: 3.1 months
- Seller credits: 29 percent
- Price per square foot: 287
January 2026 Opportunities in Phoenix, AZ
The consistent market makes for smoother transactions and increased predictability this month. Use these data points to better understand both sides of any negotiation and contact our team for tailored recommendations on buying or selling in January 2026.
