Is Chandler, AZ 85248 a buyer’s or seller’s market?
Chandler is a seller’s market. With about 3 months of supply and 5% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 18% of U.S. ZIP codes, and #144 of 231 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Chandler housing market right now
In the three months ending August 31, 2026, 5% of homes in Chandler, AZ 85248 sold above their list price, the typical home went under contract in 73 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 221 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold faster (85 days then) and the median sale price fell 3% to $529,771. Overall, Chandler is about as competitive as it was a year ago.
Within Maricopa County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Chandler ranks #144 of 231 AZ ZIP codes with enough sales (score 24 out of 100).
Nearby, buyers who want less competition could look at Wickenburg 85390 (0% sold over asking) or Carefree 85377 (0% sold over asking), while Arlington 85322 (33% sold over asking) and Tolleson 85353 (32% sold over asking) are even more competitive.
Run the numbers for 85248
Nearby markets
Aguila 85320 $167 /sq ftArlington 85322Buyer’s market $241 /sq ftAvondale 85323Balanced $219 /sq ftAvondale 85392Seller’s market $220 /sq ft Browse all markets →Towns like Chandler nearby
Find towns like Chandler in other states →Where Chandler is
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Questions about Chandler real estate
Is Chandler a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Chandler, AZ 85248 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chandler?
The typical home went under contract in 73 days in the latest three months.
Do homes in Chandler sell over asking?
5% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Chandler?
About 0.44% of a home’s value a year in Maricopa County, or roughly $1,760 on a $400,000 home.
What is the median home price in Chandler?
The median sale price was $529,771 in the three months ending August 31, 2026, about $275 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology