April 2026
Sales Market
Active Listings: 813 (-9.1% YoY)
→ Inventory has shifted firmly lower compared to last year, a notable reversal from the elevated supply levels Chandler experienced earlier this year.
Median Sold $/SF: $280.89 (-2.7% YoY)
→ Home prices remain slightly below last year, but pricing has stabilized and remains relatively resilient compared to broader market softness.
Average Days on Market: 50 (+19.0% YoY)
→ Homes are taking noticeably longer to sell, suggesting buyers are remaining selective despite Chandler’s strong long-term demand.
30-Year Mortgage Rate: 6.35%
→ Mortgage rates improved from March, providing a modest affordability boost heading further into the spring market.
Rental Market
Active Listings: 182 (-18.0% YoY)
→ Rental inventory remains significantly below last year’s levels, keeping supply constrained for prospective renters.
Median Rented $/SF: $1.43 (-2.4% YoY)
→ Rental pricing remains slightly below last year, though rents have strengthened considerably from earlier 2026 lows.
Median Days on Market: 22 (-16.7% YoY)
→ Rentals are leasing much faster than last year, a strong signal that renter demand has picked up significantly.
Key Takeaways
- Sales inventory has tightened meaningfully after earlier supply expansion
- Home pricing remains stable despite modest year-over-year softness
- Longer selling times suggest buyers are still cautious on the purchase side
- Rental inventory remains tight, creating stronger conditions for landlords
- Fast leasing activity points to a highly competitive rental market
- Lower mortgage rates may help support sales activity heading into late spring
Overall
Chandler’s April market is showing a clear divergence between sales and rentals. The sales market is stabilizing, with tighter inventory and relatively resilient pricing, though buyers are still taking longer to make decisions. The rental market, on the other hand, has strengthened considerably, with limited supply and much faster leasing activity pointing to renewed renter competition. Overall, Chandler remains one of the stronger-performing submarkets in the Valley as we move deeper into the spring season.