ZIP 85012 Housing Market Report
Phoenix Metro
Report period: August 2026
85012 Monthly Market Update – August 2026
ZIP 85012 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$539,000
+5.9%
Median DOM (Sales)
113
0.0%
New Listings (Sales)
5
−16.7%
Median Rent
$1,560
+1.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
147
−8.7%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (43 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($1,250,000 median)
Sales Market Overview
Median Price
$539,000
+5.9%
Median DOM
113
0.0%
New Listings
5
−16.7%
Inventory
78
−1.3%
- Average Price: $625,511
- Median Price: $539,000
- Price Range: $115,000 – $1,849,000
- Price per Sq Ft (Avg/Median): $334 / $343
- Square Footage (Avg/Median): 1,675 / 1,444
- Square Footage Range: 442 – 4,370
- Days on Market (Avg/Median): 113 / 113
- Days on Market Range: 1 – 316
- New Listings: 5
- Total Listings: 78
Sales by Property Type
Condo
Avg/Median Price$315,739 / $219,900Range$115,000 – $1,295,000Price per Sq Ft$286 / $241Sq Ft1,035 / 1,089DOM127 / 116New2Total41
Land
Avg/Median Price$1,228,000 / $1,299,000Range$960,000 – $1,425,000Price per Sq Ft—Sq Ft—DOM114 / 107New0Total3
Single Family
Avg/Median Price$1,010,870 / $960,000Range$590,000 – $1,849,000Price per Sq Ft$407 / $396Sq Ft2,513 / 2,349DOM102 / 109New2Total25
Townhouse
Avg/Median Price$765,422 / $765,000Range$509,000 – $1,150,000Price per Sq Ft$346 / $363Sq Ft2,265 / 2,117DOM81 / 43New1Total9
Sales by Bedroom Count
Studio
Avg:$167,500Median:$120,000Range:$120,000 – $215,000PSF:$233 / $195Sq Ft:772 / 442DOM:244 / 192New:0Total:2
1 Beds
Avg:$163,228Median:$144,900Range:$115,000 – $399,000PSF:$224 / $192Sq Ft:723 / 702DOM:153 / 149New:0Total:14
2 Beds
Avg:$387,844Median:$450,000Range:$170,000 – $666,000PSF:$314 / $343Sq Ft:1,221 / 1,125DOM:98 / 88New:2Total:25
3 Beds
Avg:$804,650Median:$765,000Range:$509,000 – $1,295,000PSF:$390 / $382Sq Ft:2,137 / 2,069DOM:107 / 103New:1Total:18
4 Beds
Avg:$1,222,077Median:$1,250,000Range:$639,950 – $1,849,000PSF:$436 / $396Sq Ft:2,814 / 2,646DOM:72 / 108New:2Total:11
5 Beds
Avg:$972,600Median:$875,000Range:$744,000 – $1,295,000PSF:$350 / $332Sq Ft:2,807 / 2,735DOM:129 / 122New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $167,500 | $120,000 | $120,000 – $215,000 | $233 / $195 | 772 / 442 | 244 / 192 | 0 | 2 |
| 1 Beds | $163,228 | $144,900 | $115,000 – $399,000 | $224 / $192 | 723 / 702 | 153 / 149 | 0 | 14 |
| 2 Beds | $387,844 | $450,000 | $170,000 – $666,000 | $314 / $343 | 1,221 / 1,125 | 98 / 88 | 2 | 25 |
| 3 Beds | $804,650 | $765,000 | $509,000 – $1,295,000 | $390 / $382 | 2,137 / 2,069 | 107 / 103 | 1 | 18 |
| 4 Beds | $1,222,077 | $1,250,000 | $639,950 – $1,849,000 | $436 / $396 | 2,814 / 2,646 | 72 / 108 | 2 | 11 |
| 5 Beds | $972,600 | $875,000 | $744,000 – $1,295,000 | $350 / $332 | 2,807 / 2,735 | 129 / 122 | 0 | 5 |
Rental Market Overview
Median Rent
$1,560
+1.0%
Median DOM
1
0.0%
New Listings
41
Inventory
147
−8.7%
- Average Rent: $1,671
- Median Rent: $1,560
- Rent Range: $799 – $4,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 858 / 726
- Square Footage Range: 450 – 4,303
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 359
- New Listings: 41
- Total Listings: 147
Rentals by Property Type
Apartment
$1,525
Median DOM: 1
Inventory: 138
MoM: +1.0%
Condo
$1,295
Median DOM: 162
Inventory: 1
MoM: +1.0%
Single Family
$2,600
Median DOM: 31
Inventory: 6
MoM: +1.0%
Townhouse
$2,300
Median DOM: 9
Inventory: 2
MoM: +1.0%
Apartment
Avg/Median Rent$1,612 / $1,525Range$799 – $3,400Rent per Sq Ft$2 / $2Sq Ft809 / 700DOM27 / 1New39Total138
Condo
Avg/Median Rent$1,295 / $1,295Range$1,295 – $1,295Rent per Sq Ft$2 / $2Sq Ft754 / 754DOM162 / 162New0Total1
Single Family
Avg/Median Rent$2,857 / $2,600Range$1,095 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,986 / 1,490DOM76 / 31New1Total6
Townhouse
Avg/Median Rent$2,400 / $2,300Range$2,300 – $2,500Rent per Sq Ft$2 / $2Sq Ft981 / 981DOM10 / 9New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,343Median:$1,366Range:$799 – $1,825PSF:$2 / $3Sq Ft:560 / 536DOM:30 / 1New:4Total:17
1 Beds
Avg:$1,445Median:$1,438Range:$799 – $2,300PSF:$2 / $2Sq Ft:687 / 696DOM:32 / 1New:21Total:76
2 Beds
Avg:$1,947Median:$2,041Range:$1,250 – $3,400PSF:$2 / $2Sq Ft:1,079 / 1,111DOM:28 / 1New:13Total:47
3 Beds
Avg:$2,670Median:$2,600Range:$2,050 – $3,250PSF:$2 / $2Sq Ft:1,958 / 1,378DOM:32 / 2New:2Total:5
4 Beds
Avg:$4,074Median:$3,349Range:$3,349 – $4,800PSF:$2 / $2Sq Ft:2,054 / 2,032DOM:30 / 3New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,343 | $1,366 | $799 – $1,825 | $2 / $3 | 560 / 536 | 30 / 1 | 4 | 17 |
| 1 Beds | $1,445 | $1,438 | $799 – $2,300 | $2 / $2 | 687 / 696 | 32 / 1 | 21 | 76 |
| 2 Beds | $1,947 | $2,041 | $1,250 – $3,400 | $2 / $2 | 1,079 / 1,111 | 28 / 1 | 13 | 47 |
| 3 Beds | $2,670 | $2,600 | $2,050 – $3,250 | $2 / $2 | 1,958 / 1,378 | 32 / 2 | 2 | 5 |
| 4 Beds | $4,074 | $3,349 | $3,349 – $4,800 | $2 / $2 | 2,054 / 2,032 | 30 / 3 | 1 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$500,000Median DOM:32New:21Total:104
Apr 2026
Median Price:$509,250Median DOM:34New:18Total:114
May 2026
Median Price:$534,635Median DOM:83New:10Total:103
Jun 2026
Median Price:$509,000Median DOM:92New:10Total:90
Jul 2026
Median Price:$509,000Median DOM:113New:6Total:79
Aug 2026
Median Price:$539,000Median DOM:113New:5Total:78
6-Month Rental Trend
Mar 2026
Median Rent:$1,492Median DOM:1New:106Total:173
Apr 2026
Median Rent:$1,549Median DOM:1New:96Total:191
May 2026
Median Rent:$1,532Median DOM:1New:94Total:182
Jun 2026
Median Rent:$1,591Median DOM:1New:85Total:183
Jul 2026
Median Rent:$1,545Median DOM:1New:66Total:161
Aug 2026
Median Rent:$1,560Median DOM:1New:41Total:147
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady 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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