ZIP 85012 Housing Market Report
Phoenix Metro
Report period: July 2026
85012 Monthly Market Update – July 2026
ZIP 85012 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$509,000
0.0%
Median DOM (Sales)
101
+9.8%
New Listings (Sales)
1
−90.0%
Median Rent
$1,545
−2.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
184
+0.5%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (88 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($1,400,000 median)
Sales Market Overview
Median Price
$509,000
0.0%
Median DOM
101
+9.8%
New Listings
1
−90.0%
Inventory
83
−7.8%
- Average Price: $656,662
- Median Price: $509,000
- Price Range: $115,000 – $2,250,000
- Price per Sq Ft (Avg/Median): $336 / $330
- Square Footage (Avg/Median): 1,721 / 1,279
- Square Footage Range: 442 – 5,810
- Days on Market (Avg/Median): 113 / 101
- Days on Market Range: 1 – 353
- New Listings: 1
- Total Listings: 83
Sales by Property Type
Condo
Avg/Median Price$317,223 / $235,000Range$115,000 – $1,295,000Price per Sq Ft$286 / $241Sq Ft1,051 / 1,102DOM124 / 124New1Total47
Land
Avg/Median Price$1,236,333 / $1,299,000Range$960,000 – $1,450,000Price per Sq Ft—Sq Ft—DOM91 / 88New0Total3
Single Family
Avg/Median Price$1,162,094 / $1,199,000Range$590,000 – $2,250,000Price per Sq Ft$423 / $435Sq Ft2,764 / 2,735DOM98 / 94New0Total27
Townhouse
Avg/Median Price$751,317 / $765,000Range$359,000 – $1,150,000Price per Sq Ft$335 / $279Sq Ft2,274 / 2,001DOM113 / 104New0Total6
Sales by Bedroom Count
Studio
Avg:$167,500Median:$120,000Range:$120,000 – $215,000PSF:$233 / $195Sq Ft:772 / 442DOM:214 / 162New:0Total:2
1 Beds
Avg:$167,413Median:$144,900Range:$115,000 – $399,000PSF:$227 / $184Sq Ft:726 / 702DOM:144 / 126New:0Total:15
2 Beds
Avg:$374,764Median:$399,000Range:$157,999 – $595,000PSF:$311 / $312Sq Ft:1,195 / 1,125DOM:111 / 86New:1Total:28
3 Beds
Avg:$802,428Median:$765,000Range:$274,900 – $1,400,000PSF:$386 / $382Sq Ft:2,117 / 2,001DOM:108 / 104New:0Total:18
4 Beds
Avg:$1,396,285Median:$1,400,000Range:$649,950 – $1,849,000PSF:$454 / $474Sq Ft:3,085 / 3,132DOM:69 / 79New:0Total:10
5 Beds
Avg:$1,292,543Median:$1,265,000Range:$750,000 – $2,250,000PSF:$401 / $387Sq Ft:3,261 / 2,984DOM:120 / 101New:0Total:7
| 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 | 214 / 162 | 0 | 2 |
| 1 Beds | $167,413 | $144,900 | $115,000 – $399,000 | $227 / $184 | 726 / 702 | 144 / 126 | 0 | 15 |
| 2 Beds | $374,764 | $399,000 | $157,999 – $595,000 | $311 / $312 | 1,195 / 1,125 | 111 / 86 | 1 | 28 |
| 3 Beds | $802,428 | $765,000 | $274,900 – $1,400,000 | $386 / $382 | 2,117 / 2,001 | 108 / 104 | 0 | 18 |
| 4 Beds | $1,396,285 | $1,400,000 | $649,950 – $1,849,000 | $454 / $474 | 3,085 / 3,132 | 69 / 79 | 0 | 10 |
| 5 Beds | $1,292,543 | $1,265,000 | $750,000 – $2,250,000 | $401 / $387 | 3,261 / 2,984 | 120 / 101 | 0 | 7 |
Rental Market Overview
Median Rent
$1,545
−2.9%
Median DOM
1
0.0%
New Listings
31
Inventory
184
+0.5%
- Average Rent: $1,640
- Median Rent: $1,545
- Rent Range: $799 – $3,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 860 / 754
- Square Footage Range: 440 – 4,303
- Days on Market (Avg/Median): 23 / 1
- Days on Market Range: 1 – 329
- New Listings: 31
- Total Listings: 184
Rentals by Property Type
Apartment
$1,528
Median DOM: 1
Inventory: 169
MoM: −2.9%
Condo
$1,300
Median DOM: 92
Inventory: 3
MoM: −2.9%
Single Family
$2,600
Median DOM: 11
Inventory: 8
MoM: −2.9%
Townhouse
$2,500
Median DOM: 2
Inventory: 4
MoM: −2.9%
Apartment
Avg/Median Rent$1,584 / $1,528Range$799 – $3,400Rent per Sq Ft$2 / $2Sq Ft810 / 726DOM21 / 1New31Total169
Condo
Avg/Median Rent$1,463 / $1,300Range$1,295 – $1,795Rent per Sq Ft$2 / $2Sq Ft772 / 754DOM107 / 92New0Total3
Single Family
Avg/Median Rent$2,530 / $2,600Range$1,195 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,786 / 1,490DOM30 / 11New0Total8
Townhouse
Avg/Median Rent$2,375 / $2,500Range$1,450 – $2,950Rent per Sq Ft$2 / $2Sq Ft1,283 / 1,359DOM11 / 2New0Total4
Rentals by Bedroom Count
Studio
Avg:$1,348Median:$1,393Range:$849 – $1,825PSF:$2 / $3Sq Ft:552 / 524DOM:21 / 1New:7Total:18
1 Beds
Avg:$1,428Median:$1,424Range:$799 – $2,300PSF:$2 / $2Sq Ft:686 / 696DOM:25 / 1New:15Total:100
2 Beds
Avg:$1,924Median:$1,860Range:$1,250 – $3,400PSF:$2 / $2Sq Ft:1,087 / 1,111DOM:20 / 1New:9Total:54
3 Beds
Avg:$2,501Median:$2,450Range:$1,865 – $3,500PSF:$2 / $2Sq Ft:1,748 / 1,359DOM:23 / 2New:0Total:11
4 Beds
Avg:$3,349Median:$3,349Range:$3,349 – $3,349PSF:$2 / $2Sq Ft:2,032 / 2,032DOM:53 / 53New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,348 | $1,393 | $849 – $1,825 | $2 / $3 | 552 / 524 | 21 / 1 | 7 | 18 |
| 1 Beds | $1,428 | $1,424 | $799 – $2,300 | $2 / $2 | 686 / 696 | 25 / 1 | 15 | 100 |
| 2 Beds | $1,924 | $1,860 | $1,250 – $3,400 | $2 / $2 | 1,087 / 1,111 | 20 / 1 | 9 | 54 |
| 3 Beds | $2,501 | $2,450 | $1,865 – $3,500 | $2 / $2 | 1,748 / 1,359 | 23 / 2 | 0 | 11 |
| 4 Beds | $3,349 | $3,349 | $3,349 – $3,349 | $2 / $2 | 2,032 / 2,032 | 53 / 53 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$525,000Median DOM:29New:19Total:95
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:101New:1Total:83
6-Month Rental Trend
Feb 2026
Median Rent:$1,399Median DOM:1New:79Total:139
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:31Total:184
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.
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