ZIP 85008 Housing Market Report
Phoenix Metro
Report period: July 2026
85008 Monthly Market Update – July 2026
ZIP 85008 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$425,000
−0.9%
Median DOM (Sales)
70
+66.7%
New Listings (Sales)
14
−61.1%
Median Rent
$1,400
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
597
−2.0%
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: Manufactured (14 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($929,900 median)
Sales Market Overview
Median Price
$425,000
−0.9%
Median DOM
70
+66.7%
New Listings
14
−61.1%
Inventory
182
0.0%
- Average Price: $516,699
- Median Price: $425,000
- Price Range: $65,000 – $2,200,000
- Price per Sq Ft (Avg/Median): $311 / $298
- Square Footage (Avg/Median): 1,551 / 1,408
- Square Footage Range: 552 – 4,176
- Days on Market (Avg/Median): 85 / 70
- Days on Market Range: 2 – 365
- New Listings: 14
- Total Listings: 182
Sales by Property Type
Condo
Avg/Median Price$228,321 / $238,994Range$149,500 – $312,000Price per Sq Ft$273 / $272Sq Ft844 / 892DOM128 / 113New1Total31
Land
Avg/Median Price$394,760 / $350,000Range$319,900 – $499,999Price per Sq Ft—Sq Ft—DOM133 / 104New0Total5
Manufactured
Avg/Median Price$65,000 / $65,000Range$65,000 – $65,000Price per Sq Ft$54 / $54Sq Ft1,200 / 1,200DOM14 / 14New0Total1
Multi-Family
Avg/Median Price$861,265 / $850,000Range$395,000 – $1,450,000Price per Sq Ft$303 / $290Sq Ft2,658 / 2,541DOM99 / 84New1Total17
Single Family
Avg/Median Price$639,189 / $550,000Range$170,000 – $2,200,000Price per Sq Ft$346 / $339Sq Ft1,831 / 1,708DOM70 / 38New11Total92
Townhouse
Avg/Median Price$318,764 / $312,900Range$180,000 – $599,500Price per Sq Ft$263 / $258Sq Ft1,207 / 1,062DOM80 / 77New1Total36
Sales by Bedroom Count
1 Beds
Avg:$189,629Median:$179,000Range:$149,500 – $273,500PSF:$284 / $272Sq Ft:673 / 643DOM:101 / 40New:2Total:14
2 Beds
Avg:$292,575Median:$265,000Range:$180,000 – $1,155,000PSF:$284 / $269Sq Ft:982 / 968DOM:95 / 81New:2Total:54
3 Beds
Avg:$536,930Median:$479,999Range:$225,000 – $1,895,000PSF:$331 / $317Sq Ft:1,608 / 1,558DOM:70 / 37New:5Total:52
4 Beds
Avg:$747,931Median:$724,900Range:$65,000 – $2,200,000PSF:$337 / $339Sq Ft:2,182 / 2,065DOM:83 / 42New:5Total:38
5 Beds
Avg:$878,000Median:$559,000Range:$475,000 – $1,695,000PSF:$326 / $312Sq Ft:2,197 / 1,918DOM:73 / 82New:0Total:6
6 Beds
Avg:$794,963Median:$894,900Range:$594,990 – $895,000PSF:$271 / $189Sq Ft:2,844 / 2,541DOM:140 / 127New:0Total:3
7 Beds
Avg:$911,333Median:$850,000Range:$599,000 – $1,199,000PSF:$303 / $287Sq Ft:2,970 / 2,600DOM:100 / 40New:0Total:6
8 Beds
Avg:$1,037,225Median:$929,900Range:$835,000 – $1,399,000PSF:$260 / $255Sq Ft:3,506 / 3,144DOM:60 / 32New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $189,629 | $179,000 | $149,500 – $273,500 | $284 / $272 | 673 / 643 | 101 / 40 | 2 | 14 |
| 2 Beds | $292,575 | $265,000 | $180,000 – $1,155,000 | $284 / $269 | 982 / 968 | 95 / 81 | 2 | 54 |
| 3 Beds | $536,930 | $479,999 | $225,000 – $1,895,000 | $331 / $317 | 1,608 / 1,558 | 70 / 37 | 5 | 52 |
| 4 Beds | $747,931 | $724,900 | $65,000 – $2,200,000 | $337 / $339 | 2,182 / 2,065 | 83 / 42 | 5 | 38 |
| 5 Beds | $878,000 | $559,000 | $475,000 – $1,695,000 | $326 / $312 | 2,197 / 1,918 | 73 / 82 | 0 | 6 |
| 6 Beds | $794,963 | $894,900 | $594,990 – $895,000 | $271 / $189 | 2,844 / 2,541 | 140 / 127 | 0 | 3 |
| 7 Beds | $911,333 | $850,000 | $599,000 – $1,199,000 | $303 / $287 | 2,970 / 2,600 | 100 / 40 | 0 | 6 |
| 8 Beds | $1,037,225 | $929,900 | $835,000 – $1,399,000 | $260 / $255 | 3,506 / 3,144 | 60 / 32 | 0 | 4 |
Rental Market Overview
Median Rent
$1,400
0.0%
Median DOM
1
0.0%
New Listings
93
Inventory
597
−2.0%
- Average Rent: $1,561
- Median Rent: $1,400
- Rent Range: $673 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 981 / 850
- Square Footage Range: 265 – 10,532
- Days on Market (Avg/Median): 34 / 1
- Days on Market Range: 1 – 341
- New Listings: 93
- Total Listings: 597
Rentals by Property Type
Apartment
$1,353
Median DOM: 1
Inventory: 454
MoM: 0.0%
Condo
$1,250
Median DOM: 23
Inventory: 13
MoM: 0.0%
Single Family
$2,145
Median DOM: 31
Inventory: 71
MoM: 0.0%
Townhouse
$1,995
Median DOM: 20
Inventory: 55
MoM: 0.0%
Apartment
Avg/Median Rent$1,385 / $1,353Range$673 – $5,725Rent per Sq Ft$2 / $2Sq Ft848 / 810DOM28 / 1New74Total454
Condo
Avg/Median Rent$1,329 / $1,250Range$950 – $1,995Rent per Sq Ft$2 / $2Sq Ft843 / 890DOM64 / 23New3Total13
Multi-Family
Avg/Median Rent$1,134 / $1,195Range$750 – $1,395Rent per Sq Ft$2 / $1Sq Ft764 / 805DOM80 / 85New0Total4
Single Family
Avg/Median Rent$2,491 / $2,145Range$750 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,593 / 1,627DOM68 / 31New7Total71
Townhouse
Avg/Median Rent$1,901 / $1,995Range$949 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,311 / 1,050DOM41 / 20New9Total55
Rentals by Bedroom Count
Studio
Avg:$939Median:$949Range:$673 – $1,469PSF:$2 / $2Sq Ft:621 / 521DOM:39 / 1New:7Total:41
1 Beds
Avg:$1,229Median:$1,200Range:$750 – $2,500PSF:$2 / $2Sq Ft:723 / 700DOM:34 / 1New:37Total:208
2 Beds
Avg:$1,552Median:$1,495Range:$750 – $3,200PSF:$2 / $2Sq Ft:1,022 / 978DOM:27 / 1New:39Total:261
3 Beds
Avg:$2,355Median:$2,145Range:$1,249 – $6,995PSF:$2 / $2Sq Ft:1,413 / 1,360DOM:55 / 20New:7Total:69
4 Beds
Avg:$3,688Median:$3,100Range:$1,875 – $10,000PSF:$2 / $2Sq Ft:2,428 / 1,877DOM:68 / 31New:2Total:15
5 Beds
Avg:$5,098Median:$4,800Range:$2,995 – $7,500PSF:$2 / $2Sq Ft:2,620 / 2,342DOM:33 / 23New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $939 | $949 | $673 – $1,469 | $2 / $2 | 621 / 521 | 39 / 1 | 7 | 41 |
| 1 Beds | $1,229 | $1,200 | $750 – $2,500 | $2 / $2 | 723 / 700 | 34 / 1 | 37 | 208 |
| 2 Beds | $1,552 | $1,495 | $750 – $3,200 | $2 / $2 | 1,022 / 978 | 27 / 1 | 39 | 261 |
| 3 Beds | $2,355 | $2,145 | $1,249 – $6,995 | $2 / $2 | 1,413 / 1,360 | 55 / 20 | 7 | 69 |
| 4 Beds | $3,688 | $3,100 | $1,875 – $10,000 | $2 / $2 | 2,428 / 1,877 | 68 / 31 | 2 | 15 |
| 5 Beds | $5,098 | $4,800 | $2,995 – $7,500 | $2 / $2 | 2,620 / 2,342 | 33 / 23 | 1 | 3 |
6-Month Sales Trend
Feb 2026
Median Price:$415,000Median DOM:44New:35Total:169
Mar 2026
Median Price:$425,000Median DOM:30New:59Total:197
Apr 2026
Median Price:$399,900Median DOM:32New:37Total:196
May 2026
Median Price:$415,000Median DOM:37New:33Total:192
Jun 2026
Median Price:$429,000Median DOM:42New:36Total:182
Jul 2026
Median Price:$425,000Median DOM:70New:14Total:182
6-Month Rental Trend
Feb 2026
Median Rent:$1,399Median DOM:1New:259Total:473
Mar 2026
Median Rent:$1,400Median DOM:1New:365Total:638
Apr 2026
Median Rent:$1,395Median DOM:1New:352Total:696
May 2026
Median Rent:$1,413Median DOM:1New:316Total:675
Jun 2026
Median Rent:$1,400Median DOM:1New:247Total:609
Jul 2026
Median Rent:$1,400Median DOM:1New:93Total:597
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. 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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