Phoenix-Mesa-Chandler, AZ Housing Market Brief
metro · AZ · as of May 2026
What is Phoenix-Mesa-Chandler, AZ’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Phoenix-Mesa-Chandler, AZ in its market cycle?
Phoenix-Mesa-Chandler, AZ is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
Phoenix-Mesa-Chandler, AZ housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Days on Market | 57 days | ▲ +9.6% |
How has Phoenix-Mesa-Chandler, AZ’s Alpha Score moved?
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Frequently asked questions
Is Phoenix-Mesa-Chandler, AZ a buyer's or seller's market?
As of May 2026, Phoenix-Mesa-Chandler, AZ is classified as a Buyer's Market, based on its Alpha Score of 29 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
How affordable is Phoenix-Mesa-Chandler, AZ?
Phoenix-Mesa-Chandler, AZ scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Phoenix-Mesa-Chandler, AZ's Alpha Score?
Phoenix-Mesa-Chandler, AZ's strongest dimension is Rental Yield (61/100) and its weakest is Inventory Health (1/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Phoenix-Mesa-Chandler, AZ? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.