Chandler, AZ 85249 Real Estate Market Report

ZIP Code: 85249
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the Chandler, AZ (ZIP: 85249) real estate market is characterized by a median sold price of $629,000, reflecting a stable environment for buyers and sellers alike. The neighborhood has increased 0% since 2023, indicating a period of price stabilization. The median listing price stands at $664,950, suggesting a notable gap between seller expectations and actual market transactions, which may create pricing friction for potential buyers.

Market activity shows signs of moderate transaction volume, with median days on market at 167, indicating a slower sales velocity. Elevated inventory levels are evident, as the market experiences excess supply relative to sales activity. Despite these conditions, demand remains consistent due to regional growth, although rental prices have seen a slight decrease year-over-year, suggesting a potential shift in rental market dynamics.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $629,000 indicates a stable market, with no significant price change since 2023.

2. Elevated inventory levels suggest excess supply relative to sales activity, which may impact pricing strategies for sellers.

3. The median days on market of 167 reflects a slower sales velocity, indicating potential challenges in closing transactions quickly.

4. The median listing price of $664,950 shows a notable gap from sold prices, which could lead to pricing friction for buyers.

5. Rental prices are trending down, indicating a shift in rental demand dynamics despite ongoing regional growth.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.