ZIP 85014 Housing Market Report
Phoenix Metro
Report period: May 2026
85014 Monthly Market Update – May 2026
ZIP 85014 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$469,999
−1.9%
Median DOM (Sales)
33
0.0%
New Listings (Sales)
16
−59.0%
Median Rent
$1,468
−1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
569
+2.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (27 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($999,999 median)
Sales Market Overview
Median Price
$469,999
−1.9%
Median DOM
33
0.0%
New Listings
16
−59.0%
Inventory
215
0.0%
- Average Price: $606,853
- Median Price: $469,999
- Price Range: $127,700 – $3,995,000
- Price per Sq Ft (Avg/Median): $332 / $312
- Square Footage (Avg/Median): 1,615 / 1,431
- Square Footage Range: 411 – 5,681
- Days on Market (Avg/Median): 70 / 33
- Days on Market Range: 2 – 354
- New Listings: 16
- Total Listings: 215
Sales by Property Type
Condo
Avg/Median Price$408,926 / $285,000Range$127,700 – $2,500,000Price per Sq Ft$287 / $253Sq Ft1,284 / 1,178DOM94 / 87New1Total64
Land
Avg/Median Price$1,437,225 / $549,900Range$499,999 – $2,999,000Price per Sq Ft—Sq Ft—DOM119 / 80New1Total4
Multi-Family
Avg/Median Price$885,375 / $899,000Range$625,000 – $1,100,000Price per Sq Ft$505 / $388Sq Ft1,402 / 1,005DOM37 / 27New1Total8
Single Family
Avg/Median Price$836,902 / $699,800Range$250,000 – $3,995,000Price per Sq Ft$392 / $373Sq Ft2,040 / 1,938DOM56 / 28New8Total83
Townhouse
Avg/Median Price$392,989 / $345,000Range$174,900 – $799,900Price per Sq Ft$287 / $278Sq Ft1,373 / 1,246DOM66 / 35New5Total56
Sales by Bedroom Count
1 Beds
Avg:$198,450Median:$189,000Range:$127,700 – $405,000PSF:$276 / $275Sq Ft:718 / 636DOM:118 / 87New:0Total:16
2 Beds
Avg:$406,950Median:$317,900Range:$150,000 – $1,349,000PSF:$297 / $274Sq Ft:1,323 / 1,178DOM:78 / 70New:6Total:95
3 Beds
Avg:$622,779Median:$589,900Range:$250,000 – $2,500,000PSF:$347 / $345Sq Ft:1,765 / 1,820DOM:49 / 30New:4Total:57
4 Beds
Avg:$986,184Median:$825,000Range:$469,000 – $3,750,000PSF:$400 / $374Sq Ft:2,393 / 2,200DOM:44 / 29New:4Total:31
5 Beds
Avg:$1,616,749Median:$985,000Range:$469,999 – $3,995,000PSF:$540 / $571Sq Ft:3,186 / 2,940DOM:128 / 77New:0Total:8
6 Beds
Avg:$892,500Median:$886,000Range:$886,000 – $899,000PSF:$360 / $360Sq Ft:2,458 / 2,458DOM:108 / 97New:0Total:2
8 Beds
Avg:$1,050,000Median:$999,999Range:$999,999 – $1,100,000PSF:—Sq Ft:—DOM:8 / 4New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $198,450 | $189,000 | $127,700 – $405,000 | $276 / $275 | 718 / 636 | 118 / 87 | 0 | 16 |
| 2 Beds | $406,950 | $317,900 | $150,000 – $1,349,000 | $297 / $274 | 1,323 / 1,178 | 78 / 70 | 6 | 95 |
| 3 Beds | $622,779 | $589,900 | $250,000 – $2,500,000 | $347 / $345 | 1,765 / 1,820 | 49 / 30 | 4 | 57 |
| 4 Beds | $986,184 | $825,000 | $469,000 – $3,750,000 | $400 / $374 | 2,393 / 2,200 | 44 / 29 | 4 | 31 |
| 5 Beds | $1,616,749 | $985,000 | $469,999 – $3,995,000 | $540 / $571 | 3,186 / 2,940 | 128 / 77 | 0 | 8 |
| 6 Beds | $892,500 | $886,000 | $886,000 – $899,000 | $360 / $360 | 2,458 / 2,458 | 108 / 97 | 0 | 2 |
| 8 Beds | $1,050,000 | $999,999 | $999,999 – $1,100,000 | — | — | 8 / 4 | 1 | 2 |
Rental Market Overview
Median Rent
$1,468
−1.5%
Median DOM
1
0.0%
New Listings
148
Inventory
569
+2.5%
- Average Rent: $1,583
- Median Rent: $1,468
- Rent Range: $692 – $7,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 869 / 803
- Square Footage Range: 322 – 2,897
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 364
- New Listings: 148
- Total Listings: 569
Rentals by Property Type
Apartment
$1,398
Median DOM: 1
Inventory: 470
MoM: −1.5%
Condo
$1,375
Median DOM: 21
Inventory: 18
MoM: −1.5%
Single Family
$1,995
Median DOM: 5
Inventory: 36
MoM: −1.5%
Townhouse
$1,900
Median DOM: 47
Inventory: 45
MoM: −1.5%
Apartment
Avg/Median Rent$1,460 / $1,398Range$692 – $3,660Rent per Sq Ft$2 / $2Sq Ft806 / 753DOM26 / 1New138Total470
Condo
Avg/Median Rent$1,403 / $1,375Range$795 – $2,400Rent per Sq Ft$2 / $2Sq Ft769 / 765DOM48 / 21New1Total18
Single Family
Avg/Median Rent$2,473 / $1,995Range$925 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,358 / 1,020DOM33 / 5New9Total36
Townhouse
Avg/Median Rent$2,229 / $1,900Range$795 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,194 / 1,056DOM56 / 47New0Total45
Rentals by Bedroom Count
Studio
Avg:$986Median:$895Range:$692 – $3,000PSF:$2 / $2Sq Ft:455 / 405DOM:21 / 1New:23Total:72
1 Beds
Avg:$1,266Median:$1,199Range:$795 – $3,500PSF:$2 / $2Sq Ft:663 / 650DOM:23 / 1New:63Total:228
2 Beds
Avg:$1,729Median:$1,682Range:$950 – $3,707PSF:$2 / $2Sq Ft:980 / 975DOM:35 / 1New:46Total:195
3 Beds
Avg:$2,629Median:$2,505Range:$1,500 – $7,500PSF:$2 / $2Sq Ft:1,534 / 1,535DOM:46 / 10New:14Total:67
4 Beds
Avg:$3,975Median:$3,950Range:$2,125 – $6,000PSF:$2 / $1Sq Ft:2,356 / 2,377DOM:32 / 18New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $986 | $895 | $692 – $3,000 | $2 / $2 | 455 / 405 | 21 / 1 | 23 | 72 |
| 1 Beds | $1,266 | $1,199 | $795 – $3,500 | $2 / $2 | 663 / 650 | 23 / 1 | 63 | 228 |
| 2 Beds | $1,729 | $1,682 | $950 – $3,707 | $2 / $2 | 980 / 975 | 35 / 1 | 46 | 195 |
| 3 Beds | $2,629 | $2,505 | $1,500 – $7,500 | $2 / $2 | 1,534 / 1,535 | 46 / 10 | 14 | 67 |
| 4 Beds | $3,975 | $3,950 | $2,125 – $6,000 | $2 / $1 | 2,356 / 2,377 | 32 / 18 | 2 | 7 |
6-Month Sales Trend
Dec 2025
Median Price:$495,000Median DOM:82New:28Total:184
Jan 2026
Median Price:$474,999Median DOM:52New:51Total:204
Feb 2026
Median Price:$498,000Median DOM:30New:48Total:225
Mar 2026
Median Price:$474,995Median DOM:33New:47Total:236
Apr 2026
Median Price:$479,000Median DOM:33New:39Total:215
May 2026
Median Price:$469,999Median DOM:33New:16Total:215
6-Month Rental Trend
Dec 2025
Median Rent:$1,590Median DOM:57New:49Total:245
Jan 2026
Median Rent:$1,595Median DOM:48New:58Total:269
Feb 2026
Median Rent:$1,495Median DOM:1New:262Total:457
Mar 2026
Median Rent:$1,489Median DOM:1New:290Total:564
Apr 2026
Median Rent:$1,490Median DOM:1New:275Total:555
May 2026
Median Rent:$1,468Median DOM:1New:148Total:569
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market were unchanged, signaling steady 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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