Market Intelligence · AZ / Chandler

Chandler, AZ 85248 Housing Market

The typical home value in Chandler 85248 is $554,924, down 1.8% over the past year. The median list price stands at $544,000, with homes spending a median of 67 days on market.

Updated August 2026Median value$550K

The median home value in Chandler, AZ 85248 is $550K as of August 2026, down 1.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 85248 range

$506K to $594K

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

-1.6% over 12 months

Typical home value in 85248 over the last 12 months: $558K in Aug 2025 to $550K in Aug 2026 (-1.6%).

Aug 2025$558K

Aug 2026$550K

The numbers

What is the 85248 housing market like?

Typical home value

$550K

Down1.6%YoY

Median list price

$544K

Down1.1%MoM

Days on market

67

Down1.5%MoM

Homes for sale

173

Down1.7%MoM

Price cuts

22.8%

Up15.5%MoM

New listings

68

Up41.7%MoM

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

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The comparison

How do 85248 home prices compare?

  • 85248$549,653
  • Chandler$522,483
  • Arizona$388,803
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Chandler: 6 ZIPs; Arizona: 300 ZIPs; United States: 26,265 ZIPs).

Context

Chandler 85248 has 173 homes for sale as of August 2026, with 68 new listings added recently. The median list price of $544,000 reflects modest pricing in the area, though homes are staying on market for 67 days on average. About 22.8% of listings have received price cuts, suggesting some seller adjustment to buyer expectations. The typical home value of $554,924 is down 1.8% year over year. For sellers, this is a moderately active market with clear signs that pricing discipline matters.

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