ZIP 85015 Housing Market Report
Phoenix Metro
Report period: August 2026
85015 Monthly Market Update – August 2026
ZIP 85015 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$380,000
−1.3%
Median DOM (Sales)
77
+6.9%
New Listings (Sales)
10
−68.8%
Median Rent
$1,200
−3.9%
Median DOM (Rental)
31
−22.5%
Total Rental Listings
240
−8.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (16 DOM)
- Fastest renting: Apartment (25 DOM)
- Strongest bedroom: 8 Beds ($750,000 median)
Sales Market Overview
Median Price
$380,000
−1.3%
Median DOM
77
+6.9%
New Listings
10
−68.8%
Inventory
176
+2.9%
- Average Price: $423,752
- Median Price: $380,000
- Price Range: $49,900 – $3,999,995
- Price per Sq Ft (Avg/Median): $257 / $247
- Square Footage (Avg/Median): 1,519 / 1,476
- Square Footage Range: 576 – 3,384
- Days on Market (Avg/Median): 87 / 77
- Days on Market Range: 3 – 335
- New Listings: 10
- Total Listings: 176
Sales by Property Type
Condo
Avg/Median Price$170,129 / $149,500Range$120,000 – $300,000Price per Sq Ft$176 / $178Sq Ft965 / 900DOM126 / 124New0Total14
Land
Avg/Median Price$160,750 / $142,500Range$142,500 – $179,000Price per Sq Ft—Sq Ft—DOM38 / 36New0Total2
Manufactured
Avg/Median Price$52,450 / $49,900Range$49,900 – $54,999Price per Sq Ft$52 / $27Sq Ft1,274 / 720DOM102 / 16New0Total2
Multi-Family
Avg/Median Price$1,183,289 / $799,900Range$669,000 – $3,999,995Price per Sq Ft$532 / $352Sq Ft1,944 / 1,242DOM95 / 42New0Total10
Single Family
Avg/Median Price$480,040 / $449,700Range$245,000 – $1,350,000Price per Sq Ft$291 / $286Sq Ft1,693 / 1,643DOM80 / 43New5Total97
Townhouse
Avg/Median Price$262,264 / $270,000Range$119,900 – $434,500Price per Sq Ft$202 / $193Sq Ft1,315 / 1,326DOM88 / 78New5Total51
Sales by Bedroom Count
1 Beds
Avg:$159,200Median:$127,000Range:$122,000 – $245,000PSF:$236 / $184Sq Ft:697 / 689DOM:112 / 132New:0Total:5
2 Beds
Avg:$241,315Median:$220,000Range:$54,999 – $799,900PSF:$230 / $200Sq Ft:1,065 / 992DOM:87 / 93New:4Total:44
3 Beds
Avg:$429,792Median:$415,000Range:$49,900 – $1,699,000PSF:$272 / $274Sq Ft:1,526 / 1,506DOM:81 / 43New:6Total:67
4 Beds
Avg:$489,144Median:$450,000Range:$270,000 – $1,350,000PSF:$256 / $261Sq Ft:1,897 / 1,843DOM:95 / 43New:0Total:45
5 Beds
Avg:$540,700Median:$513,999Range:$464,500 – $650,000PSF:$238 / $243Sq Ft:2,381 / 2,111DOM:72 / 88New:0Total:5
6 Beds
Avg:$1,558,749Median:$715,000Range:$700,000 – $3,999,995PSF:$352 / $352Sq Ft:2,332 / 2,332DOM:108 / 42New:0Total:4
8 Beds
Avg:$774,750Median:$750,000Range:$669,000 – $880,000PSF:$456 / $269Sq Ft:2,258 / 1,242DOM:84 / 72New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $159,200 | $127,000 | $122,000 – $245,000 | $236 / $184 | 697 / 689 | 112 / 132 | 0 | 5 |
| 2 Beds | $241,315 | $220,000 | $54,999 – $799,900 | $230 / $200 | 1,065 / 992 | 87 / 93 | 4 | 44 |
| 3 Beds | $429,792 | $415,000 | $49,900 – $1,699,000 | $272 / $274 | 1,526 / 1,506 | 81 / 43 | 6 | 67 |
| 4 Beds | $489,144 | $450,000 | $270,000 – $1,350,000 | $256 / $261 | 1,897 / 1,843 | 95 / 43 | 0 | 45 |
| 5 Beds | $540,700 | $513,999 | $464,500 – $650,000 | $238 / $243 | 2,381 / 2,111 | 72 / 88 | 0 | 5 |
| 6 Beds | $1,558,749 | $715,000 | $700,000 – $3,999,995 | $352 / $352 | 2,332 / 2,332 | 108 / 42 | 0 | 4 |
| 8 Beds | $774,750 | $750,000 | $669,000 – $880,000 | $456 / $269 | 2,258 / 1,242 | 84 / 72 | 0 | 4 |
Rental Market Overview
Median Rent
$1,200
−3.9%
Median DOM
31
−22.5%
New Listings
34
Inventory
240
−8.0%
- Average Rent: $1,362
- Median Rent: $1,200
- Rent Range: $513 – $4,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 991 / 850
- Square Footage Range: 275 – 3,053
- Days on Market (Avg/Median): 66 / 31
- Days on Market Range: 1 – 349
- New Listings: 34
- Total Listings: 240
Rentals by Property Type
Apartment
$1,095
Median DOM: 25
Inventory: 164
MoM: −3.9%
Condo
$925
Median DOM: 72
Inventory: 6
MoM: −3.9%
Single Family
$1,900
Median DOM: 32
Inventory: 45
MoM: −3.9%
Townhouse
$1,550
Median DOM: 33
Inventory: 22
MoM: −3.9%
Apartment
Avg/Median Rent$1,170 / $1,095Range$513 – $2,843Rent per Sq Ft$2 / $2Sq Ft809 / 702DOM67 / 25New25Total164
Condo
Avg/Median Rent$1,206 / $925Range$900 – $1,595Rent per Sq Ft$1 / $1Sq Ft949 / 900DOM160 / 72New0Total6
Manufactured
Avg/Median Rent$890 / $890Range$890 – $890Rent per Sq Ft$2 / $2Sq Ft520 / 520DOM189 / 189New0Total2
Multi-Family
Avg/Median Rent$1,095 / $1,095Range$1,095 – $1,095Rent per Sq Ft$1 / $1Sq Ft920 / 920DOM47 / 47New0Total1
Single Family
Avg/Median Rent$1,950 / $1,900Range$850 – $4,000Rent per Sq Ft$1 / $1Sq Ft1,524 / 1,437DOM51 / 32New7Total45
Townhouse
Avg/Median Rent$1,687 / $1,550Range$945 – $2,355Rent per Sq Ft$1 / $1Sq Ft1,247 / 1,120DOM62 / 33New2Total22
Rentals by Bedroom Count
Studio
Avg:$781Median:$759Range:$513 – $1,030PSF:$2 / $2Sq Ft:428 / 410DOM:51 / 1New:3Total:18
1 Beds
Avg:$1,043Median:$995Range:$697 – $2,843PSF:$2 / $2Sq Ft:682 / 650DOM:85 / 31New:8Total:72
2 Beds
Avg:$1,330Median:$1,250Range:$795 – $2,500PSF:$1 / $1Sq Ft:1,041 / 920DOM:68 / 46New:14Total:101
3 Beds
Avg:$2,029Median:$2,000Range:$1,295 – $2,950PSF:$1 / $1Sq Ft:1,408 / 1,375DOM:42 / 29New:5Total:37
4 Beds
Avg:$2,256Median:$2,000Range:$1,500 – $4,000PSF:$1 / $1Sq Ft:1,869 / 1,746DOM:50 / 32New:4Total:11
5 Beds
Avg:$3,450Median:$3,450Range:$3,450 – $3,450PSF:$1 / $1Sq Ft:2,498 / 2,498DOM:24 / 24New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $781 | $759 | $513 – $1,030 | $2 / $2 | 428 / 410 | 51 / 1 | 3 | 18 |
| 1 Beds | $1,043 | $995 | $697 – $2,843 | $2 / $2 | 682 / 650 | 85 / 31 | 8 | 72 |
| 2 Beds | $1,330 | $1,250 | $795 – $2,500 | $1 / $1 | 1,041 / 920 | 68 / 46 | 14 | 101 |
| 3 Beds | $2,029 | $2,000 | $1,295 – $2,950 | $1 / $1 | 1,408 / 1,375 | 42 / 29 | 5 | 37 |
| 4 Beds | $2,256 | $2,000 | $1,500 – $4,000 | $1 / $1 | 1,869 / 1,746 | 50 / 32 | 4 | 11 |
| 5 Beds | $3,450 | $3,450 | $3,450 – $3,450 | $1 / $1 | 2,498 / 2,498 | 24 / 24 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$385,000Median DOM:33New:46Total:204
Apr 2026
Median Price:$370,000Median DOM:32New:43Total:213
May 2026
Median Price:$379,000Median DOM:36New:35Total:195
Jun 2026
Median Price:$379,900Median DOM:39New:36Total:179
Jul 2026
Median Price:$385,000Median DOM:72New:32Total:171
Aug 2026
Median Price:$380,000Median DOM:77New:10Total:176
6-Month Rental Trend
Mar 2026
Median Rent:$1,195Median DOM:14New:127Total:362
Apr 2026
Median Rent:$1,164Median DOM:12New:115Total:358
May 2026
Median Rent:$1,195Median DOM:17New:114Total:326
Jun 2026
Median Rent:$1,200Median DOM:23New:70Total:305
Jul 2026
Median Rent:$1,249Median DOM:40New:52Total:261
Aug 2026
Median Rent:$1,200Median DOM:31New:34Total:240
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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