{"title":"Phoenix 85040, AZ housing market","url":"https://cribber.ai/market-intelligence/phoenix-az/85040","summary":"The median asking price for Phoenix ZIP 85040 was $350,000 in October 2026, down 4.1% from September 2026. There were 148 active listings in Phoenix ZIP 85040 during October 2026, down 8.6% from September 2026.","sections":[{"id":"prices-inventory","title":"What are homes listed for in Phoenix 85040, AZ?","observationPeriod":"November 2025–November 2026 · November 2026 is month to date"},{"id":"market-pace","title":"How long do homes stay on the market in Phoenix 85040, AZ?","observationPeriod":"November 2025–November 2026 · November 2026 is month to date"},{"id":"seller-pressure","title":"Homes listed for 60+ days in Phoenix 85040, AZ","observationPeriod":"Observed November 10, 2026"},{"id":"bedroom-trends","title":"Phoenix 85040, AZ home prices & inventory by bedroom count","observationPeriod":"November 2025–November 2026 · November 2026 is month to date"}],"takeaways":[{"metric":"monthlyAsk","text":"The median asking price for Phoenix ZIP 85040 was $350,000 in October 2026, down 4.1% from September 2026."},{"metric":"monthlyInventory","text":"There were 148 active listings in Phoenix ZIP 85040 during October 2026, down 8.6% from September 2026."},{"metric":"monthlyAge","text":"The median time on market for Phoenix ZIP 85040 was 80 days in October 2026, up 100.0% from September 2026."},{"metric":"monthlyPsf","text":"The median asking price per square foot for Phoenix ZIP 85040 was $251 in October 2026, up 0.3% from September 2026."},{"metric":"staleInventory","text":"On Nov 10, 2026, 54.9% of active listings with a known listing age in Phoenix ZIP 85040 had been listed for at least 60 days."},{"metric":"segment-bed-2-monthlyAsk","text":"The median asking price for 2-bedroom homes in Phoenix ZIP 85040 was $193,730 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-2-monthlyPsf","text":"The median asking price per square foot for 2-bedroom homes in Phoenix ZIP 85040 was $239 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-2-monthlyInventory","text":"There were 27 active listings for 2-bedroom homes in Phoenix ZIP 85040 during October 2026, down 3.6% from September 2026."},{"metric":"segment-bed-2-monthlyAge","text":"The median time on market for 2-bedroom homes in Phoenix ZIP 85040 was 105 days in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-3-monthlyAsk","text":"The median asking price for 3-bedroom homes in Phoenix ZIP 85040 was $360,000 in October 2026, down 4.0% from September 2026."},{"metric":"segment-bed-3-monthlyPsf","text":"The median asking price per square foot for 3-bedroom homes in Phoenix ZIP 85040 was $261 in October 2026, up 1.0% from September 2026."},{"metric":"segment-bed-3-monthlyInventory","text":"There were 67 active listings for 3-bedroom homes in Phoenix ZIP 85040 during October 2026, down 4.3% from September 2026."},{"metric":"segment-bed-3-monthlyAge","text":"The median time on market for 3-bedroom homes in Phoenix ZIP 85040 was 25 days in October 2026, up 25.0% from September 2026."},{"metric":"segment-bed-4-monthlyAsk","text":"The median asking price for 4-bedroom homes in Phoenix ZIP 85040 was $390,000 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-4-monthlyPsf","text":"The median asking price per square foot for 4-bedroom homes in Phoenix ZIP 85040 was $243 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-4-monthlyInventory","text":"There were 17 active listings for 4-bedroom homes in Phoenix ZIP 85040 during October 2026, down 22.7% from September 2026."},{"metric":"segment-bed-4-monthlyAge","text":"The median time on market for 4-bedroom homes in Phoenix ZIP 85040 was 102 days in October 2026, up 137.2% from September 2026."},{"metric":"segment-bed-5-monthlyAsk","text":"The median asking price for 5-bedroom homes in Phoenix ZIP 85040 was $490,000 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-5-monthlyPsf","text":"The median asking price per square foot for 5-bedroom homes in Phoenix ZIP 85040 was $202 in October 2026, down 0.7% from September 2026."},{"metric":"segment-bed-5-monthlyInventory","text":"There were 8 active listings for 5-bedroom homes in Phoenix ZIP 85040 during October 2026, down 20.0% from September 2026."},{"metric":"segment-bed-5-monthlyAge","text":"The median time on market for 5-bedroom homes in Phoenix ZIP 85040 was 116 days in October 2026, up 4.5% from September 2026."},{"metric":"segment-bed-6-monthlyAsk","text":"The median asking price for 6-bedroom homes in Phoenix ZIP 85040 was $549,900 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-6-monthlyPsf","text":"The median asking price per square foot for 6-bedroom homes in Phoenix ZIP 85040 was $180 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-6-monthlyInventory","text":"There were 7 active listings for 6-bedroom homes in Phoenix ZIP 85040 during October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-6-monthlyAge","text":"The median time on market for 6-bedroom homes in Phoenix ZIP 85040 was 38 days in October 2026, down 9.5% from September 2026."}],"snapshots":[{"metric":"staleInventory","label":"Homes listed 60+ days","unit":"percent","date":"2026-11-10","value":54.8780487804878,"sampleSize":82,"staleDays":60,"windowStart":null,"windowEnd":null}],"geography":{"name":"Phoenix 85040","city":"Phoenix","state":"AZ","country":"US","kind":"zip"},"historyScope":"City-scoped ZIP history","retrievedAt":"2026-11-10T20:49:54.673Z","observationStart":"2025-11","observationEnd":"2026-11","citation":"Cribber. Phoenix 85040, AZ housing market. City-scoped ZIP history; observations 2025-11–2026-11. Retrieved 2026-11-10T20:49:54.673Z. https://cribber.ai/market-intelligence/phoenix-az/85040","definitions":{"bedroomCoverage":"Bedroom series use ZIPs reporting the named statistic. Coverage is shown per observation; missing classifications are not zero. An absent bedroom group counts as zero only when the exact source bedroom counts reconcile to the ZIP total. Percentage changes require identical reporting ZIP sets.","askingPrices":"Listing asking prices, not completed sales.","inventory":"Listings active at any time during the named month, not a point-in-time inventory.","average":"City and multi-ZIP average prices are listing-count weighted. 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