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Photo 3 of Single family home for sale at 509 E Balao Dr, Phoenix, AZ 85085 | MLS# 7097657 | Listing updated on 2026-10-28Photo 1 of Single family home for sale at 509 E Balao Dr, Phoenix, AZ 85085 | MLS# 7097657 | Listing updated on 2026-10-28Photo 2 of Single family home for sale at 509 E Balao Dr, Phoenix, AZ 85085 | MLS# 7097657 | Listing updated on 2026-10-28

$750,000

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 2,014sqft

Single family home for sale

509 E Balao Dr, Phoenix, AZ 85085

Berkshire Hathaway Homeservices Arizona Properties. Listing provided by ARMLS

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US Housing Market Overview

The US's real estate market shows equilibrium between buyers and sellers. This generates fair negotiating circumstances for all parties. With a 4.5 months of supply and properties spending 62 days on market on average, both buyers and sellers can pursue favorable results.

Status

Balanced Market

Days on Market

62

Inventory

1,021,086

Sep 2021Jun 2024Sep 2026

Median Home Price

$399,000Up 2.57%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
1,021,086 Up 29.33%
Newly Listed Homes
433,634 Up 13.66%
Months of Supply
4.5 Up 45.16%

Housing Demand

Homes Sold
225,096 Down 11.98%
Sale-to-List Ratio
98.5% Up 0.09%
Homes Sold Above List
24.6% Up 2.50%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full US Market Report

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    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 28, 2026, 7:00 AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

    Based on information submitted to the MLS GRID as of Oct 28, 2026, 7:00 AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

    Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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    Based on information from Houzeo, which participates in the Northeast Florida Multiple Listing Service, Inc. data exchange program, allowing us to display other brokers’ listings on our site. through Oct 28, 2026, 7:00 AM. Information deemed reliable but not guaranteed. The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase or lease decision. The listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and The data is deemed reliable but is not guaranteed accurate by NEFMLS. NEFMLS may, at its discretion, require the use of other disclaimers as necessary to protect Participants and/or NEFMLS from liability. © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
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    Based on information from the Global Multiple Listing Service, Inc. through Oct 28, 2026, 7:00 AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
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    Based on information from California Regional Multiple Listing Service, Inc. as of Oct 28, 2026, 7:00 AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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    Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.

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    Based on information from the Arizona Regional Multiple Listing Service through Oct 28, 2026, 7:00 AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

  • mls-imgIDX Logo
    Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 28, 2026, 7:00 AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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    Based on information from the Cape Cod and Islands Multiple Listing Service, Inc. through Oct 28, 2026, 7:00 AM. Information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.
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    Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 28, 2026, 7:00 AM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
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    Based on information from MiRealSource through Oct 28, 2026, 7:00 AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
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    Based on information from MLS United, LLC. through Oct 28, 2026, 7:00 AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 MLS United, LLC. All Rights Reserved.
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Homes Available icon

536,886

Homes Available

Median List Price icon

$ 399,000

Median List Price

Avg on Market icon

62 Days

Avg on Market