ZIP 85006 Housing Market Report

Phoenix Metro

Report period: August 2026

85006 Monthly Market Update – August 2026

ZIP 85006 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$499,000
0.0%
Median DOM (Sales)
44
+2.3%
New Listings (Sales)
11
−57.7%
Median Rent
$1,300
0.0%
Median DOM (Rental)
36
+24.1%
Total Rental Listings
214
−8.2%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (42 DOM)
  • Fastest renting: Condo (29 DOM)
  • Strongest bedroom: 6 Beds ($980,000 median)

Sales Market Overview

Median Price
$499,000
0.0%
Median DOM
44
+2.3%
New Listings
11
−57.7%
Inventory
119
+4.4%
  • Average Price: $566,007
  • Median Price: $499,000
  • Price Range: $109,900 – $1,500,000
  • Price per Sq Ft (Avg/Median): $375 / $377
  • Square Footage (Avg/Median): 1,569 / 1,444
  • Square Footage Range: 708 – 3,744
  • Days on Market (Avg/Median): 79 / 44
  • Days on Market Range: 2 – 326
  • New Listings: 11
  • Total Listings: 119

Sales by Property Type

Land
Avg/Median Price$381,627 / $219,000Range$109,900 – $1,250,000Price per Sq FtSq FtDOM128 / 110New0Total11
Multi-Family
Avg/Median Price$746,912 / $725,000Range$447,500 – $1,290,000Price per Sq Ft$373 / $345Sq Ft2,050 / 2,255DOM86 / 74New2Total17
Single Family
Avg/Median Price$547,097 / $485,000Range$138,000 – $1,500,000Price per Sq Ft$377 / $384Sq Ft1,504 / 1,426DOM71 / 42New9Total88
Townhouse
Avg/Median Price$771,633 / $624,900Range$495,000 – $1,195,000Price per Sq Ft$332 / $334Sq Ft2,353 / 1,872DOM109 / 127New0Total3

Sales by Bedroom Count

2 Beds
Avg:$417,280Median:$429,999Range:$250,000 – $540,000PSF:$429 / $435Sq Ft:995 / 946DOM:83 / 71New:2Total:21
3 Beds
Avg:$541,890Median:$499,900Range:$138,000 – $1,049,000PSF:$374 / $386Sq Ft:1,470 / 1,414DOM:62 / 40New:4Total:42
4 Beds
Avg:$655,942Median:$645,000Range:$329,900 – $1,500,000PSF:$358 / $326Sq Ft:1,847 / 1,775DOM:84 / 42New:3Total:31
5 Beds
Avg:$589,750Median:$575,000Range:$450,000 – $719,000PSF:$268 / $219Sq Ft:2,272 / 2,157DOM:93 / 68New:0Total:4
6 Beds
Avg:$1,087,500Median:$980,000Range:$980,000 – $1,195,000PSF:$319 / $319Sq Ft:3,744 / 3,744DOM:44 / 43New:0Total:2
7 Beds
Avg:$831,250Median:$765,000Range:$749,999 – $995,000PSF:$336 / $333Sq Ft:2,476 / 2,450DOM:62 / 19New:1Total:4
8 Beds
Avg:$860,375Median:$725,000Range:$660,000 – $1,290,000PSF:Sq Ft:DOM:83 / 74New:1Total:4

Rental Market Overview

Median Rent
$1,300
0.0%
Median DOM
36
+24.1%
New Listings
25
Inventory
214
−8.2%
  • Average Rent: $1,536
  • Median Rent: $1,300
  • Rent Range: $631 – $7,895
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 860 / 700
  • Square Footage Range: 250 – 3,669
  • Days on Market (Avg/Median): 68 / 36
  • Days on Market Range: 1 – 357
  • New Listings: 25
  • Total Listings: 214

Rentals by Property Type

Apartment
$1,184
Median DOM: 36
Inventory: 130
MoM: 0.0%
Condo
$1,750
Median DOM: 29
Inventory: 16
MoM: 0.0%
Single Family
$1,995
Median DOM: 37
Inventory: 53
MoM: 0.0%
Townhouse
$1,500
Median DOM: 39
Inventory: 14
MoM: 0.0%
Apartment
Avg/Median Rent$1,238 / $1,184Range$631 – $3,600Rent per Sq Ft$2 / $2Sq Ft740 / 640DOM72 / 36New22Total130
Condo
Avg/Median Rent$1,608 / $1,750Range$695 – $2,700Rent per Sq Ft$3 / $3Sq Ft571 / 450DOM51 / 29New0Total16
Multi-Family
Avg/Median Rent$900 / $900Range$900 – $900Rent per Sq Ft$1 / $1Sq Ft694 / 694DOM142 / 142New0Total1
Single Family
Avg/Median Rent$2,228 / $1,995Range$799 – $7,895Rent per Sq Ft$2 / $2Sq Ft1,202 / 1,110DOM62 / 37New2Total53
Townhouse
Avg/Median Rent$1,651 / $1,500Range$750 – $3,500Rent per Sq Ft$2 / $2Sq Ft966 / 884DOM63 / 39New1Total14

Rentals by Bedroom Count

Studio
Avg:$875Median:$800Range:$631 – $1,150PSF:$2 / $2Sq Ft:628 / 431DOM:99 / 96New:2Total:20
1 Beds
Avg:$1,285Median:$1,211Range:$695 – $3,600PSF:$2 / $2Sq Ft:708 / 595DOM:69 / 31New:13Total:94
2 Beds
Avg:$1,514Median:$1,375Range:$900 – $2,850PSF:$2 / $2Sq Ft:845 / 823DOM:63 / 33New:9Total:67
3 Beds
Avg:$2,792Median:$2,345Range:$1,195 – $7,895PSF:$2 / $2Sq Ft:1,429 / 1,259DOM:51 / 37New:0Total:26
4 Beds
Avg:$2,349Median:$2,000Range:$1,100 – $3,700PSF:$2 / $2Sq Ft:1,528 / 1,333DOM:83 / 69New:1Total:7

6-Month Sales Trend

Mar 2026
Median Price:$488,000Median DOM:32New:22Total:124
Apr 2026
Median Price:$475,000Median DOM:33New:31Total:126
May 2026
Median Price:$475,000Median DOM:36New:24Total:119
Jun 2026
Median Price:$487,500Median DOM:39New:25Total:120
Jul 2026
Median Price:$499,000Median DOM:43New:26Total:114
Aug 2026
Median Price:$499,000Median DOM:44New:11Total:119

6-Month Rental Trend

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:14New:96Total:282
Jun 2026
Median Rent:$1,300Median DOM:22New:75Total:263
Jul 2026
Median Rent:$1,300Median DOM:29New:62Total:233
Aug 2026
Median Rent:$1,300Median DOM:36New:25Total:214

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. 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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