Published October 26, 2026 in Market Update

Chandler inventory is down, but buyers are still pushing deals through

By Tanya Rhoades

Real estate, Chandler

Here is the number that changes what you should do right now. The Real Estate Data Aggregator counted 510 homes sold across Chandler in the three months ending August 31, 2026. That is up 6.3% from the same months in 2025. Buyers are closing deals even as choice gets tighter.

The Real Estate Data Aggregator also counted 522 homes for sale across Chandler in that same period. That is down 15.7% from a year before. Fewer choices, but deals are still getting done.

Price cuts are common in the metro, less so in the deals that close

Realtor.com reported that 29.0% of listings in the Phoenix-Mesa-Chandler metro had price cuts in September 2026. That is a real signal. But in Chandler, homes that did sell went for 97.7% to 98.3% of list price, depending on the ZIP code, according to the Real Estate Data Aggregator. Sellers are trimming prices to get to the table, but buyers are not walking away empty-handed.

Realtor.com also put the metro mortgage rate at 7.5% in September 2026. That is part of why some sellers are cutting. Buyers are doing the math carefully at that rate.

What each Chandler ZIP showed in the three months ending August 31, 2026

The three Chandler ZIP codes told different stories. Here is what the Real Estate Data Aggregator counted for each one.

85248: More sales, less inventory

The Real Estate Data Aggregator counted 215 homes sold in ZIP 85248 in the three months ending August 31, 2026. That is up 22.2% from a year before. But homes for sale there fell 17.3%. The median sale price was $530,000, down 3.4% from a year ago. Prices dipped a little, but volume jumped. Buyers found what they wanted and moved.

The Real Estate Data Aggregator found that 27.1% of 85248 homes went under contract within two weeks of listing. That share is up 2.6 points from a year ago. Well-priced homes there are not sitting long.

85249: Slower pace, higher prices

ZIP 85249 had the highest median sale price of the three: $675,000, per the Real Estate Data Aggregator. That price is down just 0.7% from a year before, the smallest drop of any Chandler ZIP. Sales volume fell 10.3%, and pending sales dropped 15%. This ZIP is moving more slowly, and buyers there have a little more room to think.

85286: Tightest supply, most above-list sales

ZIP 85286 had the tightest market of the three. The Real Estate Data Aggregator counted only 2.5 months of supply there, down 1.5 months from a year before. Homes for sale fell 32.9%. Even so, the median sale price dropped 6.5% to $580,000. That tells you sellers had to price carefully to get deals done. When they did, 12.4% of homes sold above list price, up 7.4 points from a year ago.

The Real Estate Data Aggregator found that 27.2% of 85286 homes went under contract within two weeks of listing. That share rose 3.5 points from a year ago. Correctly priced homes in 85286 are finding buyers fast.

The wider picture: rates and national prices

The Federal Housing Finance Agency reported that U.S. house prices rose 2.6% from July 2025 to July 2026. Month over month, they rose 0.3% in July on a seasonally adjusted basis. Chandler's price dips are local, not part of a national slide.

CNBC reported that a monthly payment on a median-priced home with a 30-year fixed mortgage took up roughly 33% of a median family's income in 2025. That was 26% in 2022. Buyers are stretching further than they were a few years ago. That explains why price matters so much right now in every Chandler ZIP.

These are Chandler-wide numbers for the three months ending August 31, 2026. One street can read very differently from the whole ZIP code. If you want to know what the numbers mean for your specific address, text me.