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Updated May 2026 · Redfin · 3-month window

85248 Real Estate Market Update: Chandler, AZ, May 2026

The latest housing-market numbers for ZIP code 85248 in Chandler, Arizona, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 85248 · Chandler, AZ · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$515K▼ -0.5%▼ -6.6%
Days on market64▲ +4.9%▲ +19.6%
Homes for sale242▼ -18.5%▼ -21.7%
Sale-to-list97.2%▲ +0.1%▲ +0.1%
Homes sold272▲ +3.8%▲ +30.8%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 85248 numbers say

The 85248 ZIP in Chandler is cooling. The median sale price sits at $515,000, 6.6% below last year. The market has loosened: a typical listing now takes around 64 days to go under contract, with sellers getting 97.2% of list price.

Based on 272 recent sales, 85248 is currently an active market.

What this means if you sell in 85248

Use these figures to set expectations early. Lead a listing appointment with the median price and the 64-day pace, show the year-over-year direction, and frame 85248 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 85248 housing market

What is the median home price in ZIP 85248 (Chandler, AZ)?
As of May 2026, the median sale price in ZIP 85248 is $515,000 (-6.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 85248 a buyer's or seller's market right now?
ZIP 85248 is currently an active market, based on a 97.2% sale-to-list ratio, about 64 days on market for May 2026.
How long do homes take to sell in ZIP 85248?
A typical listing in 85248 goes under contract in about 64 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 85248 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/az/zip/85248/" rel="dofollow">85248 Chandler real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.