ZIP 85017 Housing Market Report
Phoenix Metro
Report period: August 2026
85017 Monthly Market Update – August 2026
ZIP 85017 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$310,000
0.0%
Median DOM (Sales)
44
+4.8%
New Listings (Sales)
6
−72.7%
Median Rent
$949
0.0%
Median DOM (Rental)
17
−22.7%
Total Rental Listings
75
−3.8%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (40 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($662,500 median)
Sales Market Overview
Median Price
$310,000
0.0%
Median DOM
44
+4.8%
New Listings
6
−72.7%
Inventory
103
+2.0%
- Average Price: $316,390
- Median Price: $310,000
- Price Range: $39,900 – $2,500,000
- Price per Sq Ft (Avg/Median): $203 / $205
- Square Footage (Avg/Median): 1,266 / 1,300
- Square Footage Range: 477 – 2,756
- Days on Market (Avg/Median): 97 / 44
- Days on Market Range: 3 – 359
- New Listings: 6
- Total Listings: 103
Sales by Property Type
Condo
Avg/Median Price$78,533 / $79,995Range$60,000 – $99,900Price per Sq Ft$116 / $113Sq Ft718 / 600DOM185 / 156New0Total12
Land
Avg/Median Price$2,250,000 / $2,000,000Range$2,000,000 – $2,500,000Price per Sq Ft—Sq Ft—DOM149 / 44New0Total2
Manufactured
Avg/Median Price$39,900 / $39,900Range$39,900 – $39,900Price per Sq Ft$46 / $46Sq Ft875 / 875DOM126 / 126New0Total1
Multi-Family
Avg/Median Price$638,798 / $649,000Range$589,999 – $662,500Price per Sq Ft$300 / $300Sq Ft2,099 / 2,099DOM130 / 44New0Total5
Single Family
Avg/Median Price$353,176 / $340,000Range$250,000 – $549,000Price per Sq Ft$245 / $243Sq Ft1,512 / 1,394DOM68 / 40New5Total50
Townhouse
Avg/Median Price$189,488 / $180,000Range$50,000 – $355,000Price per Sq Ft$174 / $182Sq Ft1,077 / 986DOM97 / 43New1Total33
Sales by Bedroom Count
Studio
Avg:$61,374Median:$53,500Range:$50,000 – $79,995PSF:$121 / $105Sq Ft:514 / 477DOM:195 / 143New:0Total:4
1 Beds
Avg:$91,775Median:$85,000Range:$60,000 – $155,900PSF:$129 / $120Sq Ft:722 / 690DOM:178 / 156New:1Total:12
2 Beds
Avg:$181,472Median:$175,000Range:$39,900 – $325,500PSF:$194 / $196Sq Ft:922 / 896DOM:92 / 71New:0Total:18
3 Beds
Avg:$302,556Median:$310,000Range:$99,900 – $500,000PSF:$225 / $230Sq Ft:1,389 / 1,350DOM:68 / 40New:3Total:42
4 Beds
Avg:$398,474Median:$360,000Range:$320,000 – $629,990PSF:$226 / $222Sq Ft:1,788 / 1,674DOM:81 / 40New:1Total:14
5 Beds
Avg:$419,131Median:$375,000Range:$320,000 – $649,000PSF:$233 / $228Sq Ft:1,643 / 1,680DOM:106 / 82New:1Total:7
6 Beds
Avg:$530,833Median:$589,999Range:$339,999 – $662,500PSF:$155 / $155Sq Ft:2,200 / 2,200DOM:44 / 44New:0Total:3
7 Beds
Avg:$662,500Median:$662,500Range:$662,500 – $662,500PSF:—Sq Ft:—DOM:44 / 44New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $61,374 | $53,500 | $50,000 – $79,995 | $121 / $105 | 514 / 477 | 195 / 143 | 0 | 4 |
| 1 Beds | $91,775 | $85,000 | $60,000 – $155,900 | $129 / $120 | 722 / 690 | 178 / 156 | 1 | 12 |
| 2 Beds | $181,472 | $175,000 | $39,900 – $325,500 | $194 / $196 | 922 / 896 | 92 / 71 | 0 | 18 |
| 3 Beds | $302,556 | $310,000 | $99,900 – $500,000 | $225 / $230 | 1,389 / 1,350 | 68 / 40 | 3 | 42 |
| 4 Beds | $398,474 | $360,000 | $320,000 – $629,990 | $226 / $222 | 1,788 / 1,674 | 81 / 40 | 1 | 14 |
| 5 Beds | $419,131 | $375,000 | $320,000 – $649,000 | $233 / $228 | 1,643 / 1,680 | 106 / 82 | 1 | 7 |
| 6 Beds | $530,833 | $589,999 | $339,999 – $662,500 | $155 / $155 | 2,200 / 2,200 | 44 / 44 | 0 | 3 |
| 7 Beds | $662,500 | $662,500 | $662,500 – $662,500 | — | — | 44 / 44 | 0 | 1 |
Rental Market Overview
Median Rent
$949
0.0%
Median DOM
17
−22.7%
New Listings
11
Inventory
75
−3.8%
- Average Rent: $1,158
- Median Rent: $949
- Rent Range: $595 – $3,600
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 836 / 700
- Square Footage Range: 300 – 2,896
- Days on Market (Avg/Median): 71 / 17
- Days on Market Range: 1 – 359
- New Listings: 11
- Total Listings: 75
Rentals by Property Type
Apartment
$899
Median DOM: 1
Inventory: 50
MoM: 0.0%
Condo
$1,200
Median DOM: 6
Inventory: 2
MoM: 0.0%
Single Family
$1,725
Median DOM: 55
Inventory: 16
MoM: 0.0%
Townhouse
$1,300
Median DOM: 48
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$905 / $899Range$595 – $1,600Rent per Sq Ft$2 / $1Sq Ft657 / 652DOM75 / 1New9Total50
Condo
Avg/Median Rent$1,400 / $1,200Range$1,200 – $1,599Rent per Sq Ft$1 / $1Sq Ft1,088 / 980DOM11 / 6New1Total2
Manufactured
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft875 / 875DOM14 / 14New0Total1
Single Family
Avg/Median Rent$1,824 / $1,725Range$899 – $3,600Rent per Sq Ft$1 / $1Sq Ft1,318 / 1,330DOM71 / 55New1Total16
Townhouse
Avg/Median Rent$1,365 / $1,300Range$1,195 – $1,650Rent per Sq Ft$2 / $1Sq Ft924 / 952DOM70 / 48New0Total6
Rentals by Bedroom Count
Studio
Avg:$782Median:$799Range:$675 – $879PSF:$2 / $2Sq Ft:403 / 438DOM:35 / 1New:1Total:13
1 Beds
Avg:$911Median:$899Range:$595 – $1,300PSF:$1 / $1Sq Ft:630 / 652DOM:50 / 1New:7Total:28
2 Beds
Avg:$1,236Median:$1,199Range:$775 – $1,970PSF:$1 / $1Sq Ft:981 / 875DOM:103 / 64New:3Total:22
3 Beds
Avg:$1,895Median:$1,885Range:$1,599 – $2,199PSF:$2 / $1Sq Ft:1,282 / 1,196DOM:62 / 35New:0Total:7
4 Beds
Avg:$2,189Median:$1,720Range:$1,710 – $3,600PSF:$1 / $1Sq Ft:1,767 / 1,414DOM:91 / 55New:0Total:4
5 Beds
Avg:$1,930Median:$1,930Range:$1,930 – $1,930PSF:$1 / $1Sq Ft:1,806 / 1,806DOM:98 / 98New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $782 | $799 | $675 – $879 | $2 / $2 | 403 / 438 | 35 / 1 | 1 | 13 |
| 1 Beds | $911 | $899 | $595 – $1,300 | $1 / $1 | 630 / 652 | 50 / 1 | 7 | 28 |
| 2 Beds | $1,236 | $1,199 | $775 – $1,970 | $1 / $1 | 981 / 875 | 103 / 64 | 3 | 22 |
| 3 Beds | $1,895 | $1,885 | $1,599 – $2,199 | $2 / $1 | 1,282 / 1,196 | 62 / 35 | 0 | 7 |
| 4 Beds | $2,189 | $1,720 | $1,710 – $3,600 | $1 / $1 | 1,767 / 1,414 | 91 / 55 | 0 | 4 |
| 5 Beds | $1,930 | $1,930 | $1,930 – $1,930 | $1 / $1 | 1,806 / 1,806 | 98 / 98 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$315,000Median DOM:34New:13Total:97
Apr 2026
Median Price:$300,000Median DOM:71New:19Total:102
May 2026
Median Price:$310,000Median DOM:70New:21Total:103
Jun 2026
Median Price:$299,999Median DOM:40New:15Total:96
Jul 2026
Median Price:$310,000Median DOM:42New:22Total:101
Aug 2026
Median Price:$310,000Median DOM:44New:6Total:103
6-Month Rental Trend
Mar 2026
Median Rent:$1,095Median DOM:8New:63Total:131
Apr 2026
Median Rent:$1,009Median DOM:1New:61Total:142
May 2026
Median Rent:$950Median DOM:1New:56Total:141
Jun 2026
Median Rent:$930Median DOM:1New:26Total:118
Jul 2026
Median Rent:$949Median DOM:22New:21Total:78
Aug 2026
Median Rent:$949Median DOM:17New:11Total:75
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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