ZIP 85007 Housing Market Report
Phoenix Metro
Report period: July 2026
85007 Monthly Market Update – July 2026
ZIP 85007 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$540,000
+0.0%
Median DOM (Sales)
94
+11.9%
New Listings (Sales)
3
−80.0%
Median Rent
$1,195
0.0%
Median DOM (Rental)
29
+20.8%
Total Rental Listings
115
+0.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (38 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($694,900 median)
Sales Market Overview
Median Price
$540,000
+0.0%
Median DOM
94
+11.9%
New Listings
3
−80.0%
Inventory
91
−4.2%
- Average Price: $650,791
- Median Price: $540,000
- Price Range: $99,995 – $2,500,000
- Price per Sq Ft (Avg/Median): $371 / $362
- Square Footage (Avg/Median): 1,866 / 1,677
- Square Footage Range: 709 – 4,425
- Days on Market (Avg/Median): 102 / 94
- Days on Market Range: 1 – 334
- New Listings: 3
- Total Listings: 91
Sales by Property Type
Land
Avg/Median Price$339,684 / $250,000Range$99,995 – $860,000Price per Sq Ft—Sq Ft—DOM158 / 152New0Total13
Multi-Family
Avg/Median Price$540,050 / $540,000Range$299,900 – $850,000Price per Sq Ft$368 / $382Sq Ft1,667 / 1,485DOM85 / 38New2Total16
Single Family
Avg/Median Price$764,504 / $575,000Range$136,000 – $2,500,000Price per Sq Ft$374 / $362Sq Ft1,922 / 1,767DOM97 / 93New1Total58
Townhouse
Avg/Median Price$456,000 / $449,000Range$289,999 – $560,000Price per Sq Ft$331 / $346Sq Ft1,446 / 1,476DOM64 / 42New0Total4
Sales by Bedroom Count
Studio
Avg:$297,000Median:$297,000Range:$297,000 – $297,000PSF:$221 / $221Sq Ft:1,344 / 1,344DOM:196 / 196New:0Total:1
1 Beds
Avg:$353,000Median:$320,000Range:$289,999 – $449,000PSF:$356 / $391Sq Ft:1,136 / 742DOM:45 / 42New:1Total:3
2 Beds
Avg:$355,000Median:$333,000Range:$160,000 – $549,000PSF:$337 / $329Sq Ft:1,020 / 864DOM:86 / 94New:0Total:9
3 Beds
Avg:$660,908Median:$575,000Range:$136,000 – $1,785,000PSF:$363 / $349Sq Ft:1,768 / 1,633DOM:81 / 84New:0Total:26
4 Beds
Avg:$916,260Median:$619,000Range:$305,000 – $2,500,000PSF:$423 / $422Sq Ft:2,153 / 1,872DOM:108 / 98New:2Total:26
5 Beds
Avg:$820,989Median:$694,900Range:$375,000 – $2,225,000PSF:$380 / $373Sq Ft:2,540 / 2,200DOM:88 / 84New:0Total:9
6 Beds
Avg:$428,267Median:$325,000Range:$299,900 – $659,900PSF:$134 / $131Sq Ft:2,334 / 2,286DOM:132 / 39New:0Total:3
8 Beds
Avg:$575,000Median:$575,000Range:$575,000 – $575,000PSF:$214 / $214Sq Ft:2,688 / 2,688DOM:37 / 37New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $297,000 | $297,000 | $297,000 – $297,000 | $221 / $221 | 1,344 / 1,344 | 196 / 196 | 0 | 1 |
| 1 Beds | $353,000 | $320,000 | $289,999 – $449,000 | $356 / $391 | 1,136 / 742 | 45 / 42 | 1 | 3 |
| 2 Beds | $355,000 | $333,000 | $160,000 – $549,000 | $337 / $329 | 1,020 / 864 | 86 / 94 | 0 | 9 |
| 3 Beds | $660,908 | $575,000 | $136,000 – $1,785,000 | $363 / $349 | 1,768 / 1,633 | 81 / 84 | 0 | 26 |
| 4 Beds | $916,260 | $619,000 | $305,000 – $2,500,000 | $423 / $422 | 2,153 / 1,872 | 108 / 98 | 2 | 26 |
| 5 Beds | $820,989 | $694,900 | $375,000 – $2,225,000 | $380 / $373 | 2,540 / 2,200 | 88 / 84 | 0 | 9 |
| 6 Beds | $428,267 | $325,000 | $299,900 – $659,900 | $134 / $131 | 2,334 / 2,286 | 132 / 39 | 0 | 3 |
| 8 Beds | $575,000 | $575,000 | $575,000 – $575,000 | $214 / $214 | 2,688 / 2,688 | 37 / 37 | 0 | 1 |
Rental Market Overview
Median Rent
$1,195
0.0%
Median DOM
29
+20.8%
New Listings
15
Inventory
115
+0.9%
- Average Rent: $1,488
- Median Rent: $1,195
- Rent Range: $649 – $6,895
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 952 / 625
- Square Footage Range: 288 – 4,338
- Days on Market (Avg/Median): 54 / 29
- Days on Market Range: 1 – 277
- New Listings: 15
- Total Listings: 115
Rentals by Property Type
Apartment
$1,095
Median DOM: 31
Inventory: 69
MoM: 0.0%
Condo
$1,295
Median DOM: 1
Inventory: 1
MoM: 0.0%
Single Family
$1,705
Median DOM: 13
Inventory: 25
MoM: 0.0%
Townhouse
$1,895
Median DOM: 58
Inventory: 19
MoM: 0.0%
Apartment
Avg/Median Rent$1,091 / $1,095Range$649 – $2,450Rent per Sq Ft$2 / $2Sq Ft782 / 600DOM54 / 31New8Total69
Condo
Avg/Median Rent$1,295 / $1,295Range$1,295 – $1,295Rent per Sq Ft$3 / $3Sq Ft500 / 500DOM1 / 1New0Total1
Multi-Family
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$2 / $2Sq Ft815 / 815DOM—New0Total1
Single Family
Avg/Median Rent$2,236 / $1,705Range$870 – $6,895Rent per Sq Ft$2 / $2Sq Ft1,364 / 1,014DOM31 / 13New4Total25
Townhouse
Avg/Median Rent$1,950 / $1,895Range$1,000 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,065 / 600DOM90 / 58New3Total19
Rentals by Bedroom Count
Studio
Avg:$921Median:$849Range:$649 – $1,550PSF:$2 / $2Sq Ft:500 / 400DOM:35 / 12New:0Total:14
1 Beds
Avg:$1,090Median:$1,095Range:$699 – $1,500PSF:$2 / $2Sq Ft:674 / 520DOM:62 / 27New:10Total:42
2 Beds
Avg:$1,457Median:$1,350Range:$870 – $3,495PSF:$2 / $2Sq Ft:867 / 750DOM:63 / 39New:1Total:39
3 Beds
Avg:$2,586Median:$2,750Range:$1,495 – $3,900PSF:$2 / $2Sq Ft:1,811 / 1,618DOM:31 / 21New:3Total:15
4 Beds
Avg:$4,035Median:$2,450Range:$1,300 – $6,895PSF:$2 / $2Sq Ft:2,533 / 1,440DOM:50 / 3New:1Total:4
5 Beds
Avg:$720Median:$720Range:$720 – $720PSF:$0 / $0Sq Ft:2,700 / 2,700DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $921 | $849 | $649 – $1,550 | $2 / $2 | 500 / 400 | 35 / 12 | 0 | 14 |
| 1 Beds | $1,090 | $1,095 | $699 – $1,500 | $2 / $2 | 674 / 520 | 62 / 27 | 10 | 42 |
| 2 Beds | $1,457 | $1,350 | $870 – $3,495 | $2 / $2 | 867 / 750 | 63 / 39 | 1 | 39 |
| 3 Beds | $2,586 | $2,750 | $1,495 – $3,900 | $2 / $2 | 1,811 / 1,618 | 31 / 21 | 3 | 15 |
| 4 Beds | $4,035 | $2,450 | $1,300 – $6,895 | $2 / $2 | 2,533 / 1,440 | 50 / 3 | 1 | 4 |
| 5 Beds | $720 | $720 | $720 – $720 | $0 / $0 | 2,700 / 2,700 | 16 / 16 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$589,000Median DOM:31New:26Total:106
Mar 2026
Median Price:$574,900Median DOM:33New:28Total:120
Apr 2026
Median Price:$570,000Median DOM:33New:19Total:111
May 2026
Median Price:$549,000Median DOM:70New:11Total:100
Jun 2026
Median Price:$539,999Median DOM:84New:15Total:95
Jul 2026
Median Price:$540,000Median DOM:94New:3Total:91
6-Month Rental Trend
Feb 2026
Median Rent:$1,275Median DOM:59New:23Total:90
Mar 2026
Median Rent:$1,200Median DOM:23New:39Total:114
Apr 2026
Median Rent:$1,225Median DOM:39New:30Total:106
May 2026
Median Rent:$1,250Median DOM:31New:38Total:108
Jun 2026
Median Rent:$1,195Median DOM:24New:34Total:114
Jul 2026
Median Rent:$1,195Median DOM:29New:15Total:115
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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