Chandler Real Estate and Rental Market Update
June 2026 Chandler’s real estate market remained healthy in June as inventory continued to tighten and buyer demand stayed consistent. While home prices remain slightly
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June 2026 Chandler’s real estate market remained healthy in June as inventory continued to tighten and buyer demand stayed consistent. While home prices remain slightly
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🏡 Sales Market Active Listings: 821 (+1.6% YoY)→ Inventory is still slightly higher than last year, but growth has slowed significantly compared to earlier months
🏡 Sales Market – More Inventory, Stable Pricing Active Listings: Median Sold Price per SF: Average Days on Market: 30-Year Mortgage Rates: 🔎 What This
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Chandler’s real estate market remained healthy in June as inventory continued to tighten and buyer demand stayed consistent. While home prices remain slightly below last year’s levels, the market continues to favor well-priced properties. The rental market also showed encouraging signs, with fewer available homes and significantly faster leasing activity.
Chandler continues to experience declining housing inventory, giving buyers fewer options than they had a year ago. Although the median sold price per square foot remains modestly below 2025 levels, values have remained stable throughout 2026. Homes are still selling in less than two months on average, reflecting steady buyer demand despite elevated mortgage rates.
The rental market remains highly competitive. Active rental inventory has fallen dramatically compared to last year, and rental homes are leasing exceptionally quickly. While rental rates have softened slightly year over year, the combination of low inventory and an 18-day median leasing period indicates that tenant demand remains very strong.
Chandler continues to be one of the Phoenix Metro’s most desirable housing markets. Declining home inventory and stable home values suggest demand remains healthy despite higher borrowing costs. For rental property owners, exceptionally low inventory and rapid leasing times are encouraging indicators that quality homes continue to attract tenants quickly. Buyers and investors alike should expect Chandler to remain a competitive market throughout the second half of 2026, particularly for well-maintained and appropriately priced properties. Professional Chandler property management is a specialty of Home Ladder.
Active Listings: 752 (-18.7% YoY)
→ Inventory has tightened significantly compared to last year, giving buyers fewer options and continuing Chandler’s shift toward a more balanced housing market.
Median Sold $/SF: $279.35 (-2.9% YoY)
→ Home prices remain slightly below last year’s levels, though values have remained remarkably stable despite elevated mortgage rates.
Average Days on Market: 47 (+4.4% YoY)
→ Homes are taking only slightly longer to sell than they did a year ago, reflecting healthy buyer demand in one of the Valley’s most desirable communities.
30-Year Mortgage Rate: 6.52%
→ Mortgage rates increased in May, continuing to pressure affordability for many buyers.
Active Listings: 199 (-25.5% YoY)
→ Rental inventory has declined sharply from last year, creating one of the tightest rental markets in the Southeast Valley.
Median Rented $/SF: $1.42 (-1.7% YoY)
→ Rental rates remain very stable, sitting only slightly below last year’s levels despite significantly lower inventory.
Median Days on Market: 26 (+55.9% YoY)
→ Rentals are taking longer to lease than they did a year ago, suggesting tenants remain selective even as available inventory decreases.
Chandler continues to demonstrate one of the strongest housing markets in the Phoenix metro. The sales market has experienced a significant reduction in available inventory while home prices have remained relatively stable, highlighting the city’s enduring demand. Although mortgage rates remain elevated, homes continue to sell at a healthy pace. The rental market is similarly strong, with substantially fewer available rentals than a year ago and stable pricing. While leasing activity has slowed somewhat, Chandler’s excellent schools, employment opportunities, and central location continue to support long-term demand, making it one of the Valley’s most resilient real estate markets.
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.
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.
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.