ZIP 85003 Housing Market Report
Phoenix Metro
Report period: July 2026
85003 Monthly Market Update – July 2026
ZIP 85003 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$725,000
−2.0%
Median DOM (Sales)
91
+4.6%
New Listings (Sales)
1
−93.8%
Median Rent
$1,725
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
235
−1.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (21 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,519,000 median)
Sales Market Overview
Median Price
$725,000
−2.0%
Median DOM
91
+4.6%
New Listings
1
−93.8%
Inventory
89
−2.2%
- Average Price: $741,388
- Median Price: $725,000
- Price Range: $165,000 – $2,350,000
- Price per Sq Ft (Avg/Median): $432 / $423
- Square Footage (Avg/Median): 1,759 / 1,645
- Square Footage Range: 720 – 5,224
- Days on Market (Avg/Median): 89 / 91
- Days on Market Range: 1 – 350
- New Listings: 1
- Total Listings: 89
Sales by Property Type
Condo
Avg/Median Price$596,039 / $425,000Range$189,986 – $1,598,000Price per Sq Ft$426 / $373Sq Ft1,372 / 1,236DOM104 / 109New0Total40
Land
Avg/Median Price$190,000 / $190,000Range$165,000 – $215,000Price per Sq Ft—Sq Ft—DOM24 / 21New0Total3
Multi-Family
Avg/Median Price$642,450 / $585,000Range$585,000 – $699,900Price per Sq Ft$555 / $555Sq Ft1,262 / 1,262DOM128 / 119New0Total2
Single Family
Avg/Median Price$898,906 / $837,000Range$260,000 – $1,700,000Price per Sq Ft$455 / $432Sq Ft1,992 / 1,901DOM76 / 43New1Total34
Townhouse
Avg/Median Price$972,430 / $799,000Range$399,999 – $2,350,000Price per Sq Ft$370 / $333Sq Ft2,566 / 2,132DOM94 / 112New0Total10
Sales by Bedroom Count
1 Beds
Avg:$369,849Median:$309,000Range:$189,986 – $899,000PSF:$403 / $369Sq Ft:898 / 845DOM:76 / 42New:0Total:14
2 Beds
Avg:$727,053Median:$675,000Range:$325,000 – $2,350,000PSF:$436 / $446Sq Ft:1,652 / 1,428DOM:106 / 109New:0Total:32
3 Beds
Avg:$811,632Median:$799,000Range:$260,000 – $1,400,000PSF:$450 / $423Sq Ft:1,861 / 1,901DOM:79 / 83New:1Total:27
4 Beds
Avg:$965,987Median:$899,000Range:$315,000 – $1,490,000PSF:$398 / $385Sq Ft:2,360 / 2,334DOM:87 / 91New:0Total:8
5 Beds
Avg:$1,594,500Median:$1,519,000Range:$1,174,000 – $1,985,000PSF:$488 / $504Sq Ft:3,388 / 2,873DOM:113 / 128New:0Total:4
7 Beds
Avg:$950,000Median:$950,000Range:$950,000 – $950,000PSF:$291 / $291Sq Ft:3,267 / 3,267DOM:123 / 123New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $369,849 | $309,000 | $189,986 – $899,000 | $403 / $369 | 898 / 845 | 76 / 42 | 0 | 14 |
| 2 Beds | $727,053 | $675,000 | $325,000 – $2,350,000 | $436 / $446 | 1,652 / 1,428 | 106 / 109 | 0 | 32 |
| 3 Beds | $811,632 | $799,000 | $260,000 – $1,400,000 | $450 / $423 | 1,861 / 1,901 | 79 / 83 | 1 | 27 |
| 4 Beds | $965,987 | $899,000 | $315,000 – $1,490,000 | $398 / $385 | 2,360 / 2,334 | 87 / 91 | 0 | 8 |
| 5 Beds | $1,594,500 | $1,519,000 | $1,174,000 – $1,985,000 | $488 / $504 | 3,388 / 2,873 | 113 / 128 | 0 | 4 |
| 7 Beds | $950,000 | $950,000 | $950,000 – $950,000 | $291 / $291 | 3,267 / 3,267 | 123 / 123 | 0 | 1 |
Rental Market Overview
Median Rent
$1,725
0.0%
Median DOM
1
0.0%
New Listings
26
Inventory
235
−1.3%
- Average Rent: $1,913
- Median Rent: $1,725
- Rent Range: $595 – $7,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 945 / 796
- Square Footage Range: 259 – 7,586
- Days on Market (Avg/Median): 27 / 1
- Days on Market Range: 1 – 332
- New Listings: 26
- Total Listings: 235
Rentals by Property Type
Apartment
$1,725
Median DOM: 1
Inventory: 209
MoM: 0.0%
Condo
$2,000
Median DOM: 39
Inventory: 3
MoM: 0.0%
Single Family
$1,950
Median DOM: 15
Inventory: 15
MoM: 0.0%
Townhouse
$1,995
Median DOM: 17
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$1,872 / $1,725Range$595 – $5,709Rent per Sq Ft$2 / $2Sq Ft899 / 794DOM23 / 1New21Total209
Condo
Avg/Median Rent$2,050 / $2,000Range$2,000 – $2,150Rent per Sq Ft$2 / $2Sq Ft1,031 / 833DOM86 / 39New0Total3
Multi-Family
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$2 / $2Sq Ft950 / 950DOM—New0Total1
Single Family
Avg/Median Rent$2,439 / $1,950Range$875 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,375 / 1,247DOM48 / 15New4Total15
Townhouse
Avg/Median Rent$2,011 / $1,995Range$1,350 – $2,990Rent per Sq Ft$2 / $2Sq Ft1,318 / 1,000DOM42 / 17New1Total7
Rentals by Bedroom Count
Studio
Avg:$1,202Median:$1,288Range:$595 – $1,775PSF:$2 / $2Sq Ft:662 / 523DOM:38 / 1New:1Total:49
1 Beds
Avg:$1,748Median:$1,700Range:$775 – $3,995PSF:$2 / $2Sq Ft:868 / 779DOM:19 / 1New:16Total:110
2 Beds
Avg:$2,562Median:$2,480Range:$1,450 – $5,709PSF:$2 / $2Sq Ft:1,192 / 1,125DOM:24 / 1New:8Total:66
3 Beds
Avg:$2,836Median:$2,199Range:$1,795 – $3,850PSF:$2 / $1Sq Ft:1,744 / 1,500DOM:51 / 48New:1Total:4
4 Beds
Avg:$2,970Median:$2,350Range:$970 – $7,500PSF:$2 / $2Sq Ft:1,485 / 1,300DOM:92 / 1New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,202 | $1,288 | $595 – $1,775 | $2 / $2 | 662 / 523 | 38 / 1 | 1 | 49 |
| 1 Beds | $1,748 | $1,700 | $775 – $3,995 | $2 / $2 | 868 / 779 | 19 / 1 | 16 | 110 |
| 2 Beds | $2,562 | $2,480 | $1,450 – $5,709 | $2 / $2 | 1,192 / 1,125 | 24 / 1 | 8 | 66 |
| 3 Beds | $2,836 | $2,199 | $1,795 – $3,850 | $2 / $1 | 1,744 / 1,500 | 51 / 48 | 1 | 4 |
| 4 Beds | $2,970 | $2,350 | $970 – $7,500 | $2 / $2 | 1,485 / 1,300 | 92 / 1 | 0 | 6 |
6-Month Sales Trend
Feb 2026
Median Price:$750,000Median DOM:29New:30Total:96
Mar 2026
Median Price:$778,888Median DOM:31New:17Total:105
Apr 2026
Median Price:$764,900Median DOM:34New:10Total:95
May 2026
Median Price:$749,900Median DOM:88New:12Total:87
Jun 2026
Median Price:$739,900Median DOM:87New:16Total:91
Jul 2026
Median Price:$725,000Median DOM:91New:1Total:89
6-Month Rental Trend
Feb 2026
Median Rent:$1,831Median DOM:9New:58Total:124
Mar 2026
Median Rent:$1,820Median DOM:1New:86Total:167
Apr 2026
Median Rent:$1,728Median DOM:1New:97Total:197
May 2026
Median Rent:$1,725Median DOM:1New:130Total:235
Jun 2026
Median Rent:$1,725Median DOM:1New:102Total:238
Jul 2026
Median Rent:$1,725Median DOM:1New:26Total:235
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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