Market Intelligence · AZ / Chandler

Chandler, AZ 85248 Housing Market

The typical home value in Chandler, AZ 85248 is $548,956, down 1.5% over the past year as of September 2026. The median list price is $550,000, and homes spend a median of 54 days on the market.

Updated September 2026Median value$549K

The median home value in Chandler, AZ 85248 is $549K as of September 2026, down 1.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 85248 range

$505K to $593K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.5% over 12 months

Sep 2025$557K

Low $549KHigh $560K

Sep 2026$549K

The numbers

What is the 85248 housing market like?

As of September 2026

Typical home value

$549K

1.5%YoY

Median list price

$550K

1.1%MoM

Days on market

19.4%MoM

Homes for sale

193

11.6%MoM

Price cuts

26.2%

14.6%MoM

New listings

106

55.9%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

85248 housing market forecast 2027

-1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85248 to fall 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 85248 fell 1.5%, per the Zillow Home Value Index.

Will home prices drop in 85248?

Zillow's forecast says they may: it expects typical home values in 85248 to fall 1.5% by September 2027, after a 1.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 85248 home prices compare?

85248$548,956
Chandler$520,652
Arizona$385,442
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Chandler: 6 ZIPs; Arizona: 300 ZIPs; United States: 26,262 ZIPs).

Context

Sellers in 85248 are pricing close to what homes are actually worth. The median list price is $550,000 while the typical home value sits at $548,956, a figure that has slipped 1.5% over the past year. There were 193 homes for sale in September 2026, with 106 new listings hitting the market that month. Homes take a median of 54 days to sell, and 26.2% of listings have taken a price cut. For a seller, the message is simple: price realistically from day one, because a quarter of your competition has already had to adjust.

Monthly payment

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Home price

Down payment20% · $109,791

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Common questions

What people ask us.

How much is a home in 85248 worth?

The typical home value in Chandler, AZ 85248 is $548,956 as of September 2026, down 1.5% over the past year.

How long does it take to sell a home in 85248?

Homes in 85248 spend a median of 54 days on the market as of September 2026. About 26.2% of current listings have taken a price cut.

How competitive is the 85248 housing market?

There were 193 homes for sale in September 2026, including 106 new listings. Buyers have options, so sellers face real competition.

Discover

Nearby ZIP markets.

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