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Homes for Sale Under 400K in Phoenix, AZ

2,775 Homes for Sale

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Price CutPrice Drop: $5K

$399,999

Views: 8

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,660sqft

Single family home for sale

5724 W Encinas Ln, Phoenix, AZ 85043

Realty Of America Llc. Listing provided by ARMLS

HotHot

$399,999

Views: 12

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,053sqft

Single family home for sale

2157 E Crest Ln, Phoenix, AZ 85024

Unique Homes Realty, Inc. Listing provided by ARMLS

Price CutPrice Drop: $40K

$399,999

Views: 13

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,460sqft

Single family home for sale

4637 E Granada Rd, Phoenix, AZ 85008

Fathom Realty Elite. Listing provided by ARMLS

Price CutPrice Drop: $9.99K

$399,999

Views: 12

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,462sqft

Single family home for sale

5521 W Pecan Rd, Laveen, AZ 85339

Exp Realty. Listing provided by ARMLS

Price CutPrice Drop: $25K

$399,990

Views: 16

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,582sqft

Sale Pending

5517 S 35th Way, Phoenix, AZ 85040

K. Hovnanian Great Western Homes, Llc. Listing provided by ARMLS

Price CutPrice Drop: $42.93K
New ConstructionNew Construction

$399,990

Views: 14

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,582sqft

Sale Pending

5820 S 35th Way, Phoenix, AZ 85040

K. Hovnanian Great Western Homes, Llc. Listing provided by ARMLS

HotHot

$399,990

Views: 11

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,582sqft

Townhouse for sale

5647 S 35th Way, Phoenix, AZ 85040

K. Hovnanian Great Western Homes, Llc. Listing provided by ARMLS

New

$399,900

Views: 1

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,656sqft

Single family home for sale

429 E Taro Ln, Phoenix, AZ 85024

Offerpad Brokerage, Llc. Listing provided by ARMLS

Showing 43 - 84 of 2,775 homes for sale in Phoenix, AZ

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Phoenix, AZ Housing Market Overview

Phoenix is a balanced market, giving buyers and sellers room to negotiate. With 4.1 months of supply and homes averaging 69 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

69

Inventory

4,816

Sep 2021Jun 2024Sep 2026

Median Home Price

$454,500Up 0.12%

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
4,816 Up 9.73%
Newly Listed Homes
5,463 Up 2.88%
Months of Supply
4.1 Up 20.59%

Housing Demand

Homes Sold
3,495 Down 8.89%
Sale-to-List Ratio
98.1% Up 0.31%
Homes Sold Above List
15.4% Up 5.39%

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

View Full Phoenix Market Report
  • mls-img

    Based on information from the Arizona Regional Multiple Listing Service through Oct 29, 2026, 2:15 PM. 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.

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Homes Available icon

2,775

Homes Available

Median List Price icon

$ 454,500

Median List Price

Avg on Market icon

69 Days

Avg on Market