ZIP 85018 Housing Market Report
Phoenix Metro
Report period: July 2026
85018 Monthly Market Update – July 2026
ZIP 85018 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$1,129,000
+6.6%
Median DOM (Sales)
42
+7.7%
New Listings (Sales)
18
−76.0%
Median Rent
$1,600
+0.7%
Median DOM (Rental)
14
+55.6%
Total Rental Listings
501
−0.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (38 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($4,995,000 median)
Sales Market Overview
Median Price
$1,129,000
+6.6%
Median DOM
42
+7.7%
New Listings
18
−76.0%
Inventory
394
−3.2%
- Average Price: $1,777,170
- Median Price: $1,129,000
- Price Range: $170,000 – $9,350,000
- Price per Sq Ft (Avg/Median): $571 / $523
- Square Footage (Avg/Median): 2,629 / 2,339
- Square Footage Range: 522 – 8,596
- Days on Market (Avg/Median): 77 / 42
- Days on Market Range: 1 – 358
- New Listings: 18
- Total Listings: 394
Sales by Property Type
Condo
Avg/Median Price$319,994 / $300,000Range$170,000 – $579,000Price per Sq Ft$323 / $318Sq Ft1,005 / 982DOM97 / 99New4Total49
Land
Avg/Median Price$1,733,364 / $899,000Range$775,000 – $3,950,000Price per Sq Ft—Sq Ft—DOM73 / 38New1Total11
Multi-Family
Avg/Median Price$1,995,624 / $1,995,624Range$1,995,624 – $1,995,624Price per Sq Ft—Sq Ft—DOM165 / 165New0Total1
Single Family
Avg/Median Price$2,402,818 / $1,900,000Range$389,000 – $9,350,000Price per Sq Ft$676 / $646Sq Ft3,257 / 3,090DOM76 / 41New12Total256
Townhouse
Avg/Median Price$627,810 / $475,000Range$174,950 – $3,375,000Price per Sq Ft$379 / $353Sq Ft1,577 / 1,487DOM66 / 40New1Total77
Sales by Bedroom Count
Studio
Avg:$230,000Median:$230,000Range:$230,000 – $230,000PSF:$441 / $441Sq Ft:522 / 522DOM:155 / 155New:0Total:1
1 Beds
Avg:$284,747Median:$268,500Range:$170,000 – $450,000PSF:$367 / $336Sq Ft:792 / 796DOM:71 / 77New:1Total:17
2 Beds
Avg:$426,982Median:$389,000Range:$174,950 – $1,495,000PSF:$346 / $325Sq Ft:1,191 / 1,126DOM:75 / 42New:4Total:75
3 Beds
Avg:$1,167,373Median:$838,000Range:$285,000 – $8,800,000PSF:$523 / $473Sq Ft:2,030 / 1,748DOM:69 / 40New:1Total:88
4 Beds
Avg:$2,129,517Median:$1,899,000Range:$579,900 – $7,595,000PSF:$654 / $648Sq Ft:3,080 / 3,026DOM:80 / 42New:5Total:130
5 Beds
Avg:$3,321,758Median:$2,600,000Range:$869,900 – $8,995,000PSF:$743 / $676Sq Ft:4,222 / 3,910DOM:73 / 42New:6Total:57
6 Beds
Avg:$5,586,906Median:$4,995,000Range:$1,000,000 – $9,350,000PSF:$888 / $893Sq Ft:5,976 / 5,793DOM:121 / 77New:0Total:12
7 Beds
Avg:$1,600,000Median:$1,600,000Range:$1,600,000 – $1,600,000PSF:$393 / $393Sq Ft:4,072 / 4,072DOM:37 / 37New:0Total:1
8 Beds
Avg:$3,247,312Median:$1,995,624Range:$1,995,624 – $4,499,000PSF:$790 / $790Sq Ft:5,692 / 5,692DOM:104 / 42New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $230,000 | $230,000 | $230,000 – $230,000 | $441 / $441 | 522 / 522 | 155 / 155 | 0 | 1 |
| 1 Beds | $284,747 | $268,500 | $170,000 – $450,000 | $367 / $336 | 792 / 796 | 71 / 77 | 1 | 17 |
| 2 Beds | $426,982 | $389,000 | $174,950 – $1,495,000 | $346 / $325 | 1,191 / 1,126 | 75 / 42 | 4 | 75 |
| 3 Beds | $1,167,373 | $838,000 | $285,000 – $8,800,000 | $523 / $473 | 2,030 / 1,748 | 69 / 40 | 1 | 88 |
| 4 Beds | $2,129,517 | $1,899,000 | $579,900 – $7,595,000 | $654 / $648 | 3,080 / 3,026 | 80 / 42 | 5 | 130 |
| 5 Beds | $3,321,758 | $2,600,000 | $869,900 – $8,995,000 | $743 / $676 | 4,222 / 3,910 | 73 / 42 | 6 | 57 |
| 6 Beds | $5,586,906 | $4,995,000 | $1,000,000 – $9,350,000 | $888 / $893 | 5,976 / 5,793 | 121 / 77 | 0 | 12 |
| 7 Beds | $1,600,000 | $1,600,000 | $1,600,000 – $1,600,000 | $393 / $393 | 4,072 / 4,072 | 37 / 37 | 0 | 1 |
| 8 Beds | $3,247,312 | $1,995,624 | $1,995,624 – $4,499,000 | $790 / $790 | 5,692 / 5,692 | 104 / 42 | 0 | 2 |
Rental Market Overview
Median Rent
$1,600
+0.7%
Median DOM
14
+55.6%
New Listings
53
Inventory
501
−0.4%
- Average Rent: $2,239
- Median Rent: $1,600
- Rent Range: $599 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,100 / 860
- Square Footage Range: 300 – 5,489
- Days on Market (Avg/Median): 47 / 14
- Days on Market Range: 1 – 361
- New Listings: 53
- Total Listings: 501
Rentals by Property Type
Apartment
$1,321
Median DOM: 1
Inventory: 338
MoM: +0.7%
Condo
$1,475
Median DOM: 31
Inventory: 20
MoM: +0.7%
Single Family
$4,500
Median DOM: 36
Inventory: 81
MoM: +0.7%
Townhouse
$2,599
Median DOM: 27
Inventory: 62
MoM: +0.7%
Apartment
Avg/Median Rent$1,493 / $1,321Range$599 – $9,305Rent per Sq Ft$2 / $2Sq Ft809 / 750DOM44 / 1New41Total338
Condo
Avg/Median Rent$1,606 / $1,475Range$999 – $3,000Rent per Sq Ft$2 / $2Sq Ft932 / 910DOM36 / 31New1Total20
Single Family
Avg/Median Rent$4,977 / $4,500Range$1,025 – $10,000Rent per Sq Ft$2 / $2Sq Ft2,089 / 2,000DOM58 / 36New6Total81
Townhouse
Avg/Median Rent$2,935 / $2,599Range$1,200 – $8,200Rent per Sq Ft$2 / $2Sq Ft1,441 / 1,463DOM45 / 27New5Total62
Rentals by Bedroom Count
Studio
Avg:$941Median:$896Range:$599 – $1,650PSF:$2 / $2Sq Ft:434 / 440DOM:28 / 1New:4Total:51
1 Beds
Avg:$1,336Median:$1,200Range:$795 – $3,900PSF:$2 / $2Sq Ft:706 / 625DOM:41 / 1New:19Total:173
2 Beds
Avg:$1,906Median:$1,700Range:$995 – $7,050PSF:$2 / $2Sq Ft:1,062 / 982DOM:50 / 22New:21Total:166
3 Beds
Avg:$3,528Median:$3,270Range:$1,999 – $8,500PSF:$2 / $2Sq Ft:1,720 / 1,642DOM:47 / 30New:5Total:69
4 Beds
Avg:$6,275Median:$5,750Range:$3,025 – $10,000PSF:$2 / $2Sq Ft:2,570 / 2,495DOM:74 / 40New:3Total:36
5 Beds
Avg:$9,497Median:$9,500Range:$8,500 – $9,995PSF:$3 / $3Sq Ft:3,173 / 3,067DOM:85 / 31New:0Total:5
6 Beds
Avg:$9,305Median:$9,305Range:$9,305 – $9,305PSF:$3 / $3Sq Ft:3,444 / 3,444DOM:9 / 9New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $941 | $896 | $599 – $1,650 | $2 / $2 | 434 / 440 | 28 / 1 | 4 | 51 |
| 1 Beds | $1,336 | $1,200 | $795 – $3,900 | $2 / $2 | 706 / 625 | 41 / 1 | 19 | 173 |
| 2 Beds | $1,906 | $1,700 | $995 – $7,050 | $2 / $2 | 1,062 / 982 | 50 / 22 | 21 | 166 |
| 3 Beds | $3,528 | $3,270 | $1,999 – $8,500 | $2 / $2 | 1,720 / 1,642 | 47 / 30 | 5 | 69 |
| 4 Beds | $6,275 | $5,750 | $3,025 – $10,000 | $2 / $2 | 2,570 / 2,495 | 74 / 40 | 3 | 36 |
| 5 Beds | $9,497 | $9,500 | $8,500 – $9,995 | $3 / $3 | 3,173 / 3,067 | 85 / 31 | 0 | 5 |
| 6 Beds | $9,305 | $9,305 | $9,305 – $9,305 | $3 / $3 | 3,444 / 3,444 | 9 / 9 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$1,175,000Median DOM:30New:90Total:404
Mar 2026
Median Price:$1,195,000Median DOM:31New:97Total:433
Apr 2026
Median Price:$1,100,000Median DOM:33New:86Total:429
May 2026
Median Price:$1,079,000Median DOM:36New:97Total:427
Jun 2026
Median Price:$1,059,000Median DOM:39New:75Total:407
Jul 2026
Median Price:$1,129,000Median DOM:42New:18Total:394
6-Month Rental Trend
Feb 2026
Median Rent:$1,495Median DOM:27New:166Total:452
Mar 2026
Median Rent:$1,499Median DOM:9New:242Total:519
Apr 2026
Median Rent:$1,495Median DOM:2New:233Total:554
May 2026
Median Rent:$1,525Median DOM:4New:221Total:534
Jun 2026
Median Rent:$1,589Median DOM:9New:156Total:503
Jul 2026
Median Rent:$1,600Median DOM:14New:53Total:501
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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