ZIP 85006 Housing Market Report
Phoenix Metro
Report period: May 2026
85006 Monthly Market Update – May 2026
ZIP 85006 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$470,000
−1.1%
Median DOM (Sales)
33
0.0%
New Listings (Sales)
9
−71.0%
Median Rent
$1,295
0.0%
Median DOM (Rental)
9
−18.2%
Total Rental Listings
297
+1.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (24 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($840,000 median)
Sales Market Overview
Median Price
$470,000
−1.1%
Median DOM
33
0.0%
New Listings
9
−71.0%
Inventory
122
−3.2%
- Average Price: $513,198
- Median Price: $470,000
- Price Range: $139,900 – $1,250,000
- Price per Sq Ft (Avg/Median): $378 / $367
- Square Footage (Avg/Median): 1,447 / 1,349
- Square Footage Range: 648 – 2,892
- Days on Market (Avg/Median): 74 / 33
- Days on Market Range: 2 – 357
- New Listings: 9
- Total Listings: 122
Sales by Property Type
Condo
Avg/Median Price$470,000 / $470,000Range$470,000 – $470,000Price per Sq Ft$325 / $325Sq Ft1,444 / 1,444DOM84 / 84New0Total1
Land
Avg/Median Price$364,343 / $225,000Range$139,900 – $1,250,000Price per Sq Ft—Sq Ft—DOM94 / 32New2Total14
Multi-Family
Avg/Median Price$692,330 / $729,000Range$449,900 – $1,050,000Price per Sq Ft$401 / $362Sq Ft1,821 / 1,853DOM101 / 91New0Total13
Single Family
Avg/Median Price$509,719 / $470,000Range$196,000 – $1,050,000Price per Sq Ft$378 / $371Sq Ft1,414 / 1,278DOM68 / 32New7Total92
Townhouse
Avg/Median Price$572,450 / $495,000Range$495,000 – $649,900Price per Sq Ft$345 / $343Sq Ft1,658 / 1,444DOM56 / 24New0Total2
Sales by Bedroom Count
1 Beds
Avg:$265,000Median:$265,000Range:$265,000 – $265,000PSF:$409 / $409Sq Ft:648 / 648DOM:172 / 172New:0Total:1
2 Beds
Avg:$424,362Median:$425,000Range:$196,000 – $780,000PSF:$436 / $444Sq Ft:994 / 951DOM:61 / 30New:4Total:32
3 Beds
Avg:$543,959Median:$519,990Range:$260,000 – $1,050,000PSF:$377 / $371Sq Ft:1,465 / 1,404DOM:67 / 33New:1Total:44
4 Beds
Avg:$574,240Median:$539,999Range:$337,950 – $1,010,000PSF:$312 / $320Sq Ft:1,847 / 1,804DOM:84 / 32New:1Total:21
5 Beds
Avg:$697,833Median:$690,000Range:$585,000 – $799,000PSF:$312 / $266Sq Ft:2,289 / 2,201DOM:74 / 25New:1Total:6
7 Beds
Avg:$840,000Median:$840,000Range:$840,000 – $840,000PSF:$343 / $343Sq Ft:2,450 / 2,450DOM:87 / 87New:0Total:1
8 Beds
Avg:$881,498Median:$824,995Range:$769,500 – $1,050,000PSF:—Sq Ft:—DOM:125 / 106New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $265,000 | $265,000 | $265,000 – $265,000 | $409 / $409 | 648 / 648 | 172 / 172 | 0 | 1 |
| 2 Beds | $424,362 | $425,000 | $196,000 – $780,000 | $436 / $444 | 994 / 951 | 61 / 30 | 4 | 32 |
| 3 Beds | $543,959 | $519,990 | $260,000 – $1,050,000 | $377 / $371 | 1,465 / 1,404 | 67 / 33 | 1 | 44 |
| 4 Beds | $574,240 | $539,999 | $337,950 – $1,010,000 | $312 / $320 | 1,847 / 1,804 | 84 / 32 | 1 | 21 |
| 5 Beds | $697,833 | $690,000 | $585,000 – $799,000 | $312 / $266 | 2,289 / 2,201 | 74 / 25 | 1 | 6 |
| 7 Beds | $840,000 | $840,000 | $840,000 – $840,000 | $343 / $343 | 2,450 / 2,450 | 87 / 87 | 0 | 1 |
| 8 Beds | $881,498 | $824,995 | $769,500 – $1,050,000 | — | — | 125 / 106 | 0 | 3 |
Rental Market Overview
Median Rent
$1,295
0.0%
Median DOM
9
−18.2%
New Listings
61
Inventory
297
+1.0%
- Average Rent: $1,462
- Median Rent: $1,295
- Rent Range: $631 – $7,600
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 798 / 706
- Square Footage Range: 250 – 3,708
- Days on Market (Avg/Median): 42 / 9
- Days on Market Range: 1 – 356
- New Listings: 61
- Total Listings: 297
Rentals by Property Type
Apartment
$1,234
Median DOM: 1
Inventory: 199
MoM: 0.0%
Condo
$1,400
Median DOM: 23
Inventory: 5
MoM: 0.0%
Single Family
$1,895
Median DOM: 21
Inventory: 76
MoM: 0.0%
Townhouse
$1,500
Median DOM: 37
Inventory: 15
MoM: 0.0%
Apartment
Avg/Median Rent$1,246 / $1,234Range$631 – $3,600Rent per Sq Ft$2 / $2Sq Ft717 / 650DOM39 / 1New45Total199
Condo
Avg/Median Rent$1,673 / $1,400Range$1,025 – $2,750Rent per Sq Ft$2 / $2Sq Ft822 / 800DOM73 / 23New0Total5
Multi-Family
Avg/Median Rent$922 / $795Range$795 – $1,050Rent per Sq Ft$1 / $1Sq Ft622 / 550DOM49 / 47New0Total2
Single Family
Avg/Median Rent$2,003 / $1,895Range$799 – $7,600Rent per Sq Ft$2 / $2Sq Ft981 / 1,000DOM44 / 21New16Total76
Townhouse
Avg/Median Rent$1,589 / $1,500Range$895 – $3,500Rent per Sq Ft$2 / $2Sq Ft968 / 885DOM80 / 37New0Total15
Rentals by Bedroom Count
Studio
Avg:$1,036Median:$895Range:$631 – $2,204PSF:$2 / $2Sq Ft:557 / 431DOM:56 / 26New:5Total:27
1 Beds
Avg:$1,232Median:$1,216Range:$695 – $3,600PSF:$2 / $2Sq Ft:656 / 615DOM:40 / 1New:32Total:131
2 Beds
Avg:$1,572Median:$1,464Range:$934 – $7,600PSF:$2 / $2Sq Ft:891 / 887DOM:38 / 16New:20Total:111
3 Beds
Avg:$2,459Median:$2,500Range:$1,050 – $4,000PSF:$2 / $2Sq Ft:1,278 / 1,190DOM:48 / 25New:4Total:24
4 Beds
Avg:$2,812Median:$2,650Range:$1,999 – $3,600PSF:$2 / $2Sq Ft:1,411 / 1,233DOM:85 / 53New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,036 | $895 | $631 – $2,204 | $2 / $2 | 557 / 431 | 56 / 26 | 5 | 27 |
| 1 Beds | $1,232 | $1,216 | $695 – $3,600 | $2 / $2 | 656 / 615 | 40 / 1 | 32 | 131 |
| 2 Beds | $1,572 | $1,464 | $934 – $7,600 | $2 / $2 | 891 / 887 | 38 / 16 | 20 | 111 |
| 3 Beds | $2,459 | $2,500 | $1,050 – $4,000 | $2 / $2 | 1,278 / 1,190 | 48 / 25 | 4 | 24 |
| 4 Beds | $2,812 | $2,650 | $1,999 – $3,600 | $2 / $2 | 1,411 / 1,233 | 85 / 53 | 0 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$477,000Median DOM:95New:13Total:109
Jan 2026
Median Price:$490,000Median DOM:85New:25Total:113
Feb 2026
Median Price:$499,000Median DOM:31New:30Total:116
Mar 2026
Median Price:$488,000Median DOM:32New:22Total:124
Apr 2026
Median Price:$475,000Median DOM:33New:31Total:126
May 2026
Median Price:$470,000Median DOM:33New:9Total:122
6-Month Rental Trend
Dec 2025
Median Rent:$1,315Median DOM:69New:27Total:173
Jan 2026
Median Rent:$1,350Median DOM:62New:34Total:161
Feb 2026
Median Rent:$1,395Median DOM:23New:109Total:237
Mar 2026
Median Rent:$1,300Median DOM:13New:121Total:290
Apr 2026
Median Rent:$1,295Median DOM:11New:114Total:294
May 2026
Median Rent:$1,295Median DOM:9New:61Total:297
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, while total rental inventory increased.
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.
850038500485006850078500885009850128501385014850158501685017850188502085021850228502385024850278502885029850318503285033850348503585037850408504185042+11 more
← Back to Phoenix Metro