Glendale, AZ Housing Market Report
Market Overview
Market Health Score
A slower market with increasing options for buyers.
Home Price Trends
Rental Market Trends
Inventory & Supply
Market Analysis
The Glendale housing market is currently experiencing a transition toward a buyer-friendly environment as we conclude 2025. With a median home value of $399,596, the market has seen a 4.07% decline over the past year. This cooling trend is further evidenced by a significant 9.29% increase in active inventory, totaling 21,137 units. The rise in available homes has extended the average time on market to 70 days, an eight-day increase from the previous year, giving prospective buyers more leverage and time to make decisions without the pressure of immediate bidding wars.
Price trends over the last six months indicate a period of stabilization following a steady decline. After hitting a low point in November, December saw a marginal uptick in value, suggesting that the market may be finding its floor. The sale-to-list ratio remains strong at 0.99, indicating that while buyers have more options, sellers are still successfully closing deals very close to their asking prices. This stability is likely driven by the broader economic health of the Phoenix-Mesa-Chandler metro area, which continues to attract residents despite the moderate correction in home values.
Looking ahead, the outlook for Glendale is one of cautious optimism for both parties. For buyers, the combination of lower prices and increased inventory provides a rare window of opportunity to enter the market with more negotiating power. For sellers, the key to success in 2026 will be realistic pricing and patience, as the days of rapid appreciation have paused. As the market balances out, Glendale remains a more affordable alternative to neighboring Scottsdale or Phoenix, maintaining its appeal for families and professionals seeking value in the Valley of the Sun.
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Frequently Asked Questions
Data Source & Methodology
Data sourced from Zillow Research. Home values are based on the Zillow Home Value Index (ZHVI), a smoothed, seasonally adjusted measure of the typical home value. Rental data is based on the Zillow Observed Rent Index (ZORI). Inventory, days on market, and sale-to-list ratio are metro-level estimates. This report is for informational purposes only and does not constitute financial or real estate advice.