Chandler, AZ 85286 Real Estate Market Report

ZIP Code: 85286
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The housing market in Chandler, AZ (ZIP: 85286) is currently characterized by a median sold price of $585,000, reflecting a significant downward trend as the market has decreased 8% since 2022. This decline in sold prices suggests a shift towards more balanced conditions from a previously seller-favored environment. The median listing price stands at $647,500, indicating a notable gap between seller expectations and actual transaction values, which may create pricing friction in the current market landscape.

Transaction activity appears to be moderate, with median days on market extending to 162 days, indicating slower sales velocity. The elevated inventory levels relative to sales activity suggest that buyers may have more options, leading to a more cautious approach in negotiations. Despite these conditions, the local demand remains relatively strong, with median market rent at $3,750, although rents are also experiencing a downward trend. This combination of factors points to a market that is stabilizing, albeit under pressure from elevated interest rates and a cooling rental market.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Chandler AZ 85286 area average around 6.0% compared to the 2026 origination benchmark average of 6.7%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $585,000 indicates a significant decrease in market value, reflecting a shift towards more balanced conditions.

2. With a median listing price of $647,500, there is a notable gap between seller expectations and actual sold prices, suggesting potential pricing friction in negotiations.

3. The median days on market of 162 days points to a slower sales velocity, indicating that properties are taking longer to sell in the current market.

4. The market temperature is currently neutral, suggesting a balanced environment where neither buyers nor sellers have a distinct advantage.

5. Despite a median market rent of $3,750, rents are also trending down, reflecting broader market pressures.

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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.