ZIP 85009 Housing Market Report

Phoenix Metro

Report period: August 2026

85009 Monthly Market Update – August 2026

ZIP 85009 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$325,000
0.0%
Median DOM (Sales)
43
+2.4%
New Listings (Sales)
6
−73.9%
Median Rent
$1,450
+3.9%
Median DOM (Rental)
94
+9.3%
Total Rental Listings
86
−7.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (4 DOM)
  • Fastest renting: Townhouse (47 DOM)
  • Strongest bedroom: 8 Beds ($619,000 median)

Sales Market Overview

Median Price
$325,000
0.0%
Median DOM
43
+2.4%
New Listings
6
−73.9%
Inventory
102
−2.9%
  • Average Price: $347,260
  • Median Price: $325,000
  • Price Range: $62,300 – $1,109,999
  • Price per Sq Ft (Avg/Median): $245 / $248
  • Square Footage (Avg/Median): 1,414 / 1,300
  • Square Footage Range: 400 – 3,903
  • Days on Market (Avg/Median): 70 / 43
  • Days on Market Range: 3 – 310
  • New Listings: 6
  • Total Listings: 102

Sales by Property Type

Condo
Avg/Median Price$129,000 / $129,000Range$129,000 – $129,000Price per Sq Ft$117 / $117Sq Ft1,106 / 1,106DOM4 / 4New1Total1
Land
Avg/Median Price$208,362 / $130,000Range$99,900 – $499,000Price per Sq FtSq FtDOM102 / 74New0Total8
Manufactured
Avg/Median Price$112,100 / $85,000Range$62,300 – $189,000Price per Sq Ft$119 / $92Sq Ft931 / 928DOM42 / 44New0Total3
Multi-Family
Avg/Median Price$650,466 / $549,900Range$454,900 – $1,109,999Price per Sq Ft$301 / $299Sq Ft1,652 / 1,505DOM79 / 78New0Total6
Single Family
Avg/Median Price$364,251 / $334,888Range$135,000 – $949,000Price per Sq Ft$258 / $252Sq Ft1,451 / 1,362DOM67 / 42New5Total78
Townhouse
Avg/Median Price$162,333 / $129,000Range$110,000 – $244,999Price per Sq Ft$137 / $117Sq Ft1,159 / 1,036DOM103 / 109New0Total6

Sales by Bedroom Count

1 Beds
Avg:$155,000Median:$155,000Range:$155,000 – $155,000PSF:$388 / $388Sq Ft:400 / 400DOM:10 / 10New:0Total:1
2 Beds
Avg:$202,569Median:$189,000Range:$62,300 – $325,000PSF:$202 / $170Sq Ft:1,044 / 1,036DOM:71 / 44New:0Total:16
3 Beds
Avg:$354,374Median:$349,000Range:$85,000 – $1,109,999PSF:$262 / $254Sq Ft:1,288 / 1,278DOM:61 / 38New:3Total:45
4 Beds
Avg:$412,495Median:$334,999Range:$135,000 – $949,000PSF:$241 / $242Sq Ft:1,675 / 1,500DOM:83 / 72New:2Total:22
5 Beds
Avg:$368,250Median:$350,000Range:$260,000 – $488,000PSF:$188 / $161Sq Ft:2,252 / 1,613DOM:44 / 30New:0Total:4
6 Beds
Avg:$653,450Median:$549,900Range:$539,000 – $874,900PSF:$278 / $299Sq Ft:2,557 / 2,622DOM:87 / 44New:1Total:4
8 Beds
Avg:$624,500Median:$619,000Range:$619,000 – $629,999PSF:Sq Ft:DOM:55 / 31New:0Total:2

Rental Market Overview

Median Rent
$1,450
+3.9%
Median DOM
94
+9.3%
New Listings
3
Inventory
86
−7.5%
  • Average Rent: $1,552
  • Median Rent: $1,450
  • Rent Range: $750 – $5,309
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,018 / 1,000
  • Square Footage Range: 300 – 2,382
  • Days on Market (Avg/Median): 121 / 94
  • Days on Market Range: 1 – 361
  • New Listings: 3
  • Total Listings: 86

Rentals by Property Type

Apartment
$1,199
Median DOM: 125
Inventory: 37
MoM: +3.9%
Condo
$995
Median DOM: 119
Inventory: 3
MoM: +3.9%
Single Family
$1,695
Median DOM: 64
Inventory: 33
MoM: +3.9%
Townhouse
$1,450
Median DOM: 47
Inventory: 13
MoM: +3.9%
Apartment
Avg/Median Rent$1,549 / $1,199Range$800 – $5,309Rent per Sq Ft$2 / $2Sq Ft742 / 708DOM152 / 125New2Total37
Condo
Avg/Median Rent$1,130 / $995Range$800 – $1,595Rent per Sq Ft$1 / $1Sq Ft868 / 630DOM137 / 119New0Total3
Single Family
Avg/Median Rent$1,654 / $1,695Range$750 – $2,995Rent per Sq Ft$1 / $2Sq Ft1,288 / 1,200DOM101 / 64New1Total33
Townhouse
Avg/Median Rent$1,398 / $1,450Range$895 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,015 / 1,036DOM94 / 47New0Total13

Rentals by Bedroom Count

Studio
Avg:$941Median:$899Range:$800 – $1,125PSF:$3 / $2Sq Ft:365 / 385DOM:New:0Total:3
1 Beds
Avg:$1,292Median:$999Range:$750 – $3,363PSF:$2 / $2Sq Ft:738 / 506DOM:161 / 142New:0Total:19
2 Beds
Avg:$1,428Median:$1,395Range:$800 – $3,545PSF:$1 / $1Sq Ft:933 / 864DOM:141 / 99New:2Total:31
3 Beds
Avg:$1,808Median:$1,790Range:$995 – $2,675PSF:$2 / $2Sq Ft:1,177 / 1,106DOM:70 / 32New:0Total:21
4 Beds
Avg:$2,375Median:$1,850Range:$1,295 – $5,309PSF:$2 / $1Sq Ft:1,379 / 1,320DOM:63 / 24New:1Total:9
6 Beds
Avg:$825Median:$800Range:$800 – $875PSF:$0 / $0Sq Ft:1,733 / 1,750DOM:226 / 205New:0Total:3

6-Month Sales Trend

Mar 2026
Median Price:$299,999Median DOM:71New:18Total:119
Apr 2026
Median Price:$299,000Median DOM:33New:22Total:116
May 2026
Median Price:$314,800Median DOM:33New:29Total:106
Jun 2026
Median Price:$325,000Median DOM:38New:25Total:99
Jul 2026
Median Price:$325,000Median DOM:42New:23Total:105
Aug 2026
Median Price:$325,000Median DOM:43New:6Total:102

6-Month Rental Trend

Mar 2026
Median Rent:$1,400Median DOM:64New:22Total:115
Apr 2026
Median Rent:$1,395Median DOM:70New:22Total:110
May 2026
Median Rent:$1,400Median DOM:72New:19Total:101
Jun 2026
Median Rent:$1,450Median DOM:72New:18Total:102
Jul 2026
Median Rent:$1,395Median DOM:86New:13Total:93
Aug 2026
Median Rent:$1,450Median DOM:94New:3Total:86

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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