Chandler Housing Market Update: November 2026

Updated November 13, 2026. By Daniel Barash, REAL Broker AZ, LLC.

Chandler's median sale price was $517,254 in September 2026, down 3.3% from September 2025, according to Redfin. Homes took a median of 51 days to sell, six days faster than a year earlier, and sold for 98.1% of list price. Sales were flat at 703 homes. Prices are a little softer, and buyers have more room to negotiate than they did a year ago.

Table: Chandler home sales, September 2026: median sale price $517,254, down 3.3% year over year; 703 homes sold, up 0.1%; median 51 days on market, 6 days faster; sale-to-list ratio 98.1%, up 0.2 points; Zillow typical home value $512,981, down 1.2%; 1,010 homes for sale on Zillow

Chandler home sales, September 2026. Redfin reports a $517,254 median sale price (down 3.3% year over year), 703 sales, 51 median days on market and a 98.1% sale-to-list ratio; Zillow puts the typical Chandler home value at $512,981 (down 1.2%) with 1,010 homes for sale (Redfin, Zillow, data through Sept. 30, 2026).

Are Chandler home prices going down?

Chandler prices are down slightly from a year ago, not falling sharply. Redfin's September 2026 median sale price of $517,254 was 3.3% lower than September 2025. Zillow's typical home value for Chandler, which smooths out month-to-month swings, was $512,981 at the end of September, down 1.2% year over year, per Zillow. Two different measures, same direction: modestly lower.

How fast are homes selling in Chandler?

Chandler homes sold in a median of 51 days in September 2026, compared with 57 days a year earlier, according to Redfin. About 14.5% of homes sold above list price and 35.2% had a price drop before selling. In practice, well-priced homes in good condition are still moving. Homes that come on high are sitting and getting reduced.

What is happening across metro Phoenix?

Across metro Phoenix, the median sale price was $448,000 in October 2026, down 1.5%, and active listings rose 6.8% year over year to 27,427, AZ Big Media reported (Nov. 6, 2026). Homes under contract fell 13.5% to 6,347. The Cromford Market Index was 70.1, where anything under 100 favors buyers.

Table: Metro Phoenix and mortgage rates: metro median sale price $448,000, down 1.5%; 27,427 active listings, up 6.8% year over year; 6,347 under contract, down 13.5% (October 2026); 30-year fixed rate 7.18% vs 6.22% a year ago; 15-year fixed 6.57% vs 5.50% a year ago (Freddie Mac, Nov 5, 2026)

Metro Phoenix and mortgage rates. The metro median sale price was $448,000 in October 2026 with 27,427 active listings (AZ Big Media, Nov. 6, 2026), and the 30-year fixed rate averaged 7.18% on Nov. 5, 2026, versus 6.22% a year earlier (Freddie Mac).

How do mortgage rates affect a Chandler payment right now?

The 30-year fixed rate averaged 7.18% on Nov. 5, 2026, the third straight weekly drop, according to Freddie Mac. A year ago it was 6.22%. "Mortgage rates continued their downward trajectory this week, improving the environment for prospective homebuyers," said Sam Khater, Freddie Mac's chief economist.

Example only: on a $517,254 home with 20% down, a $413,803 loan at 7.18% is about $2,803 a month in principal and interest. The same loan at last year's 6.22% would be about $2,540. Taxes, insurance and HOA dues are extra, and your rate depends on your credit and loan type. My October mortgage rate post and guide to buydowns and assumable loans go deeper.

The Chandler Center for the Arts in downtown Chandler. Photo by Carol M. Highsmith, Library of Congress, Prints and Photographs Division, Carol M. Highsmith Archive.

What this means for Chandler buyers

Buyers in Chandler have more choices and more time than a year ago. With a third of sales getting a price drop first, there is room to ask for seller credits toward a rate buydown or closing costs. Get pre-approved before you shop so you can move fast on the right house. If you want to see what is going up in the city, Havenwood Manor at the old Bashas' water tower site is one of the new-construction projects to watch.

What this means for Chandler sellers

Sellers in Chandler need to price for the market they are in, not the one from 2022. Homes are still selling for about 98% of list on average, so the right price works. Overpricing usually leads to a reduction a few weeks later. Clean, repaired and well-photographed homes are the ones selling in under two months.

Frequently asked questions

What is the median home price in Chandler, AZ?

Redfin reports a median sale price of $517,254 for September 2026, down 3.3% from a year earlier. Zillow puts the typical Chandler home value at $512,981 as of Sept. 30, 2026.

Is Chandler a buyer's market right now?

Conditions lean toward buyers. Chandler homes take a median of 51 days to sell, 35.2% of sales had a price drop, and the metro Phoenix Cromford Market Index was 70.1 in October 2026, below the 100 mark that signals a balanced market.

How long does it take to sell a house in Chandler?

The median was 51 days on market in September 2026, six days faster than September 2025, according to Redfin.

What are mortgage rates in November 2026?

Freddie Mac's weekly survey put the 30-year fixed rate at 7.18% and the 15-year fixed at 6.57% on Nov. 5, 2026.

Want to know what your Chandler home would sell for today, or what you can buy at 7%? Call or text me at 480.906.3831 for a free, no-pressure price check.

Market data as of the dates shown, from Redfin, Zillow, AZ Big Media and Freddie Mac, and subject to revision. Payment examples are illustrations only, not a loan offer. This is not financial advice.

Daniel Barash | REAL Broker AZ, LLC | 480.906.3831

Daniel Barash has spent 10 years in Phoenix-area real estate, helping buyers and sellers in Tempe, Chandler, Scottsdale, Mesa, Gilbert and Phoenix. He is a real estate agent with REAL Broker AZ, LLC.