ZIP 85009 Housing Market Report

Phoenix Metro

Report period: May 2026

85009 Monthly Market Update – May 2026

ZIP 85009 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$313,000
+4.7%
Median DOM (Sales)
31
−6.1%
New Listings (Sales)
13
−40.9%
Median Rent
$1,400
+0.4%
Median DOM (Rental)
78
+11.4%
Total Rental Listings
106
−3.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (28 DOM)
  • Fastest renting: Condo (12 DOM)
  • Strongest bedroom: 6 Beds ($589,900 median)

Sales Market Overview

Median Price
$313,000
+4.7%
Median DOM
31
−6.1%
New Listings
13
−40.9%
Inventory
121
+4.3%
  • Average Price: $342,553
  • Median Price: $313,000
  • Price Range: $36,000 – $1,110,000
  • Price per Sq Ft (Avg/Median): $247 / $252
  • Square Footage (Avg/Median): 1,380 / 1,282
  • Square Footage Range: 660 – 3,347
  • Days on Market (Avg/Median): 71 / 31
  • Days on Market Range: 1 – 348
  • New Listings: 13
  • Total Listings: 121

Sales by Property Type

Land
Avg/Median Price$290,664 / $179,900Range$99,900 – $975,000Price per Sq FtSq FtDOM82 / 30New1Total11
Manufactured
Avg/Median Price$110,629 / $90,000Range$36,000 – $220,000Price per Sq Ft$108 / $103Sq Ft981 / 924DOM89 / 68New0Total7
Multi-Family
Avg/Median Price$539,225 / $474,900Range$185,000 – $1,110,000Price per Sq Ft$320 / $331Sq Ft1,557 / 1,505DOM95 / 28New2Total8
Single Family
Avg/Median Price$362,046 / $325,000Range$172,000 – $949,995Price per Sq Ft$261 / $262Sq Ft1,418 / 1,300DOM63 / 30New10Total88
Townhouse
Avg/Median Price$186,186 / $144,000Range$119,500 – $289,900Price per Sq Ft$155 / $135Sq Ft1,174 / 1,106DOM132 / 31New0Total7

Sales by Bedroom Count

1 Beds
Avg:$175,000Median:$175,000Range:$175,000 – $175,000PSF:$207 / $207Sq Ft:846 / 846DOM:24 / 24New:0Total:1
2 Beds
Avg:$217,730Median:$239,900Range:$36,000 – $399,999PSF:$227 / $187Sq Ft:981 / 970DOM:78 / 34New:1Total:20
3 Beds
Avg:$345,331Median:$299,999Range:$90,000 – $1,110,000PSF:$258 / $257Sq Ft:1,277 / 1,244DOM:78 / 33New:6Total:48
4 Beds
Avg:$409,759Median:$358,700Range:$185,000 – $949,995PSF:$245 / $252Sq Ft:1,716 / 1,630DOM:58 / 24New:4Total:32
5 Beds
Avg:$281,667Median:$240,000Range:$230,000 – $375,000PSF:$190 / $165Sq Ft:1,507 / 1,455DOM:12 / 13New:0Total:3
6 Beds
Avg:$563,760Median:$589,900Range:$220,000 – $874,900PSF:$260 / $250Sq Ft:2,102 / 1,886DOM:101 / 30New:0Total:5
8 Beds
Avg:$370,000Median:$370,000Range:$370,000 – $370,000PSF:$363 / $363Sq Ft:1,019 / 1,019DOM:6 / 6New:1Total:1

Rental Market Overview

Median Rent
$1,400
+0.4%
Median DOM
78
+11.4%
New Listings
7
Inventory
106
−3.6%
  • Average Rent: $1,681
  • Median Rent: $1,400
  • Rent Range: $595 – $7,895
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 977 / 875
  • Square Footage Range: 300 – 3,302
  • Days on Market (Avg/Median): 112 / 78
  • Days on Market Range: 1 – 358
  • New Listings: 7
  • Total Listings: 106

Rentals by Property Type

Apartment
$1,195
Median DOM: 165
Inventory: 44
MoM: +0.4%
Condo
$1,095
Median DOM: 12
Inventory: 9
MoM: +0.4%
Single Family
$1,595
Median DOM: 70
Inventory: 39
MoM: +0.4%
Townhouse
$1,450
Median DOM: 41
Inventory: 13
MoM: +0.4%
Apartment
Avg/Median Rent$1,693 / $1,195Range$695 – $5,313Rent per Sq Ft$2 / $2Sq Ft750 / 700DOM162 / 165New2Total44
Condo
Avg/Median Rent$1,190 / $1,095Range$875 – $1,599Rent per Sq Ft$1 / $1Sq Ft1,155 / 1,106DOM21 / 12New1Total9
Manufactured
Avg/Median Rent$1,495 / $1,495Range$1,495 – $1,495Rent per Sq Ft$2 / $2Sq Ft740 / 740DOM31 / 31New0Total1
Single Family
Avg/Median Rent$1,816 / $1,595Range$595 – $7,895Rent per Sq Ft$2 / $2Sq Ft1,122 / 1,100DOM80 / 70New3Total39
Townhouse
Avg/Median Rent$1,591 / $1,450Range$899 – $2,300Rent per Sq Ft$2 / $1Sq Ft1,054 / 1,036DOM119 / 41New1Total13

Rentals by Bedroom Count

Studio
Avg:$864Median:$850Range:$595 – $1,125PSF:$2 / $2Sq Ft:394 / 385DOM:207 / 211New:1Total:5
1 Beds
Avg:$1,421Median:$1,000Range:$715 – $3,865PSF:$2 / $2Sq Ft:730 / 535DOM:141 / 117New:1Total:29
2 Beds
Avg:$1,400Median:$1,295Range:$695 – $3,545PSF:$2 / $1Sq Ft:914 / 800DOM:109 / 84New:3Total:40
3 Beds
Avg:$2,178Median:$1,850Range:$1,345 – $5,313PSF:$2 / $2Sq Ft:1,240 / 1,200DOM:71 / 48New:2Total:24
4 Beds
Avg:$3,620Median:$2,100Range:$1,825 – $7,895PSF:$3 / $2Sq Ft:1,524 / 1,350DOM:90 / 44New:0Total:6
5 Beds
Avg:$1,895Median:$1,895Range:$1,895 – $1,895PSF:$1 / $1Sq Ft:1,487 / 1,487DOM:70 / 70New:0Total:1
6 Beds
Avg:$800Median:$800Range:$800 – $800PSF:$0 / $0Sq Ft:1,750 / 1,750DOM:93 / 93New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$314,990Median DOM:54New:21Total:120
Jan 2026
Median Price:$299,999Median DOM:47New:25Total:118
Feb 2026
Median Price:$299,999Median DOM:38New:21Total:113
Mar 2026
Median Price:$299,999Median DOM:71New:18Total:119
Apr 2026
Median Price:$299,000Median DOM:33New:22Total:116
May 2026
Median Price:$313,000Median DOM:31New:13Total:121

6-Month Rental Trend

Dec 2025
Median Rent:$1,495Median DOM:72New:18Total:105
Jan 2026
Median Rent:$1,295Median DOM:75New:18Total:102
Feb 2026
Median Rent:$1,400Median DOM:68New:22Total:104
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:78New:7Total:106

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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