ZIP 85014 Housing Market Report
Phoenix Metro
Report period: August 2026
85014 Monthly Market Update – August 2026
ZIP 85014 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$450,000
−5.3%
Median DOM (Sales)
74
−1.3%
New Listings (Sales)
9
−73.5%
Median Rent
$1,500
+6.8%
Median DOM (Rental)
3
+200.0%
Total Rental Listings
388
−8.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (37 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,185,000 median)
Sales Market Overview
Median Price
$450,000
−5.3%
Median DOM
74
−1.3%
New Listings
9
−73.5%
Inventory
168
−5.1%
- Average Price: $616,323
- Median Price: $450,000
- Price Range: $105,000 – $3,750,000
- Price per Sq Ft (Avg/Median): $330 / $306
- Square Footage (Avg/Median): 1,685 / 1,461
- Square Footage Range: 411 – 6,222
- Days on Market (Avg/Median): 92 / 74
- Days on Market Range: 2 – 365
- New Listings: 9
- Total Listings: 168
Sales by Property Type
Condo
Avg/Median Price$387,066 / $274,999Range$105,000 – $2,500,000Price per Sq Ft$283 / $255Sq Ft1,252 / 1,152DOM112 / 84New3Total65
Land
Avg/Median Price$475,000 / $475,000Range$475,000 – $475,000Price per Sq Ft—Sq Ft—DOM37 / 37New0Total1
Multi-Family
Avg/Median Price$925,643 / $974,999Range$699,000 – $1,175,500Price per Sq Ft$672 / $388Sq Ft1,516 / 1,231DOM96 / 102New0Total7
Single Family
Avg/Median Price$916,370 / $750,000Range$368,500 – $3,750,000Price per Sq Ft$388 / $363Sq Ft2,261 / 1,959DOM78 / 43New2Total63
Townhouse
Avg/Median Price$428,037 / $340,000Range$165,000 – $1,789,000Price per Sq Ft$288 / $268Sq Ft1,442 / 1,279DOM80 / 43New4Total32
Sales by Bedroom Count
1 Beds
Avg:$201,047Median:$192,000Range:$105,000 – $399,000PSF:$280 / $289Sq Ft:713 / 672DOM:96 / 43New:1Total:19
2 Beds
Avg:$398,947Median:$297,500Range:$171,000 – $1,340,000PSF:$284 / $257Sq Ft:1,353 / 1,178DOM:113 / 97New:3Total:70
3 Beds
Avg:$744,435Median:$629,950Range:$299,900 – $2,500,000PSF:$386 / $360Sq Ft:1,858 / 1,820DOM:60 / 36New:4Total:41
4 Beds
Avg:$1,077,332Median:$845,000Range:$449,000 – $3,750,000PSF:$383 / $350Sq Ft:2,716 / 2,217DOM:89 / 95New:0Total:22
5 Beds
Avg:$1,211,999Median:$985,000Range:$399,990 – $2,695,000PSF:$421 / $425Sq Ft:2,788 / 2,678DOM:78 / 43New:0Total:11
6 Beds
Avg:$803,000Median:$720,000Range:$720,000 – $886,000PSF:$326 / $292Sq Ft:2,460 / 2,458DOM:134 / 88New:0Total:2
7 Beds
Avg:$1,185,000Median:$1,185,000Range:$1,185,000 – $1,185,000PSF:$287 / $287Sq Ft:4,130 / 4,130DOM:3 / 3New:1Total:1
8 Beds
Avg:$974,999Median:$974,999Range:$974,999 – $974,999PSF:—Sq Ft:—DOM:103 / 103New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $201,047 | $192,000 | $105,000 – $399,000 | $280 / $289 | 713 / 672 | 96 / 43 | 1 | 19 |
| 2 Beds | $398,947 | $297,500 | $171,000 – $1,340,000 | $284 / $257 | 1,353 / 1,178 | 113 / 97 | 3 | 70 |
| 3 Beds | $744,435 | $629,950 | $299,900 – $2,500,000 | $386 / $360 | 1,858 / 1,820 | 60 / 36 | 4 | 41 |
| 4 Beds | $1,077,332 | $845,000 | $449,000 – $3,750,000 | $383 / $350 | 2,716 / 2,217 | 89 / 95 | 0 | 22 |
| 5 Beds | $1,211,999 | $985,000 | $399,990 – $2,695,000 | $421 / $425 | 2,788 / 2,678 | 78 / 43 | 0 | 11 |
| 6 Beds | $803,000 | $720,000 | $720,000 – $886,000 | $326 / $292 | 2,460 / 2,458 | 134 / 88 | 0 | 2 |
| 7 Beds | $1,185,000 | $1,185,000 | $1,185,000 – $1,185,000 | $287 / $287 | 4,130 / 4,130 | 3 / 3 | 1 | 1 |
| 8 Beds | $974,999 | $974,999 | $974,999 – $974,999 | — | — | 103 / 103 | 0 | 1 |
Rental Market Overview
Median Rent
$1,500
+6.8%
Median DOM
3
+200.0%
New Listings
107
Inventory
388
−8.5%
- Average Rent: $1,668
- Median Rent: $1,500
- Rent Range: $657 – $8,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 936 / 838
- Square Footage Range: 322 – 5,674
- Days on Market (Avg/Median): 43 / 3
- Days on Market Range: 1 – 356
- New Listings: 107
- Total Listings: 388
Rentals by Property Type
Apartment
$1,361
Median DOM: 1
Inventory: 308
MoM: +6.8%
Condo
$1,550
Median DOM: 68
Inventory: 12
MoM: +6.8%
Single Family
$2,295
Median DOM: 35
Inventory: 30
MoM: +6.8%
Townhouse
$1,895
Median DOM: 47
Inventory: 38
MoM: +6.8%
Apartment
Avg/Median Rent$1,530 / $1,361Range$657 – $8,187Rent per Sq Ft$2 / $2Sq Ft845 / 778DOM37 / 1New94Total308
Condo
Avg/Median Rent$1,509 / $1,550Range$699 – $3,000Rent per Sq Ft$2 / $2Sq Ft878 / 886DOM103 / 68New1Total12
Single Family
Avg/Median Rent$2,515 / $2,295Range$895 – $8,500Rent per Sq Ft$2 / $2Sq Ft1,369 / 1,342DOM51 / 35New4Total30
Townhouse
Avg/Median Rent$2,167 / $1,895Range$1,099 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,355 / 1,152DOM67 / 47New8Total38
Rentals by Bedroom Count
Studio
Avg:$1,000Median:$800Range:$657 – $3,000PSF:$2 / $2Sq Ft:454 / 415DOM:45 / 1New:5Total:31
1 Beds
Avg:$1,260Median:$1,195Range:$699 – $3,500PSF:$2 / $2Sq Ft:712 / 675DOM:32 / 1New:52Total:156
2 Beds
Avg:$1,790Median:$1,683Range:$900 – $4,950PSF:$2 / $2Sq Ft:1,007 / 985DOM:46 / 7New:40Total:147
3 Beds
Avg:$2,570Median:$2,495Range:$1,695 – $4,000PSF:$2 / $2Sq Ft:1,522 / 1,550DOM:66 / 34New:9Total:47
4 Beds
Avg:$4,564Median:$2,995Range:$2,695 – $8,500PSF:$2 / $1Sq Ft:2,791 / 2,377DOM:45 / 26New:1Total:6
6 Beds
Avg:$8,187Median:$8,187Range:$8,187 – $8,187PSF:—Sq Ft:—DOM:2 / 2New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,000 | $800 | $657 – $3,000 | $2 / $2 | 454 / 415 | 45 / 1 | 5 | 31 |
| 1 Beds | $1,260 | $1,195 | $699 – $3,500 | $2 / $2 | 712 / 675 | 32 / 1 | 52 | 156 |
| 2 Beds | $1,790 | $1,683 | $900 – $4,950 | $2 / $2 | 1,007 / 985 | 46 / 7 | 40 | 147 |
| 3 Beds | $2,570 | $2,495 | $1,695 – $4,000 | $2 / $2 | 1,522 / 1,550 | 66 / 34 | 9 | 47 |
| 4 Beds | $4,564 | $2,995 | $2,695 – $8,500 | $2 / $1 | 2,791 / 2,377 | 45 / 26 | 1 | 6 |
| 6 Beds | $8,187 | $8,187 | $8,187 – $8,187 | — | — | 2 / 2 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$474,995Median DOM:33New:47Total:236
Apr 2026
Median Price:$479,000Median DOM:33New:39Total:215
May 2026
Median Price:$465,000Median DOM:37New:37Total:206
Jun 2026
Median Price:$482,000Median DOM:74New:32Total:191
Jul 2026
Median Price:$474,995Median DOM:75New:34Total:177
Aug 2026
Median Price:$450,000Median DOM:74New:9Total:168
6-Month Rental Trend
Mar 2026
Median Rent:$1,489Median DOM:1New:290Total:564
Apr 2026
Median Rent:$1,490Median DOM:1New:275Total:555
May 2026
Median Rent:$1,450Median DOM:1New:283Total:584
Jun 2026
Median Rent:$1,425Median DOM:1New:207Total:529
Jul 2026
Median Rent:$1,404Median DOM:1New:138Total:424
Aug 2026
Median Rent:$1,500Median DOM:3New:107Total:388
Key Market Takeaways
Median sale prices softened this month while inventory compressed. 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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