ZIP 85020 Housing Market Report
Phoenix Metro
Report period: August 2026
85020 Monthly Market Update – August 2026
ZIP 85020 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$398,500
+0.9%
Median DOM (Sales)
83
+2.5%
New Listings (Sales)
15
−65.9%
Median Rent
$1,547
+0.1%
Median DOM (Rental)
23
+53.3%
Total Rental Listings
279
−10.9%
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: Single Family (44 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,499,000 median)
Sales Market Overview
Median Price
$398,500
+0.9%
Median DOM
83
+2.5%
New Listings
15
−65.9%
Inventory
286
−4.0%
- Average Price: $642,625
- Median Price: $398,500
- Price Range: $9,999 – $4,800,000
- Price per Sq Ft (Avg/Median): $333 / $297
- Square Footage (Avg/Median): 1,726 / 1,391
- Square Footage Range: 600 – 6,564
- Days on Market (Avg/Median): 95 / 83
- Days on Market Range: 3 – 354
- New Listings: 15
- Total Listings: 286
Sales by Property Type
Condo
Avg/Median Price$256,770 / $250,000Range$110,000 – $429,000Price per Sq Ft$263 / $261Sq Ft973 / 952DOM103 / 100New4Total57
Land
Avg/Median Price$589,435 / $375,000Range$64,900 – $1,750,000Price per Sq Ft—Sq Ft—DOM153 / 128New0Total20
Manufactured
Avg/Median Price$24,333 / $29,000Range$9,999 – $34,000Price per Sq Ft$32 / $40Sq Ft773 / 800DOM185 / 130New0Total3
Multi-Family
Avg/Median Price$694,986 / $599,900Range$445,000 – $1,050,000Price per Sq Ft$740 / $438Sq Ft1,357 / 800DOM136 / 74New1Total7
Single Family
Avg/Median Price$1,052,934 / $775,000Range$204,999 – $4,800,000Price per Sq Ft$406 / $362Sq Ft2,413 / 2,207DOM80 / 44New6Total117
Townhouse
Avg/Median Price$356,525 / $329,000Range$159,900 – $715,000Price per Sq Ft$269 / $267Sq Ft1,323 / 1,248DOM90 / 78New4Total82
Sales by Bedroom Count
1 Beds
Avg:$212,077Median:$200,000Range:$110,000 – $329,000PSF:$291 / $288Sq Ft:735 / 704DOM:73 / 43New:1Total:13
2 Beds
Avg:$287,084Median:$289,000Range:$9,999 – $599,900PSF:$267 / $269Sq Ft:1,079 / 1,022DOM:99 / 95New:7Total:101
3 Beds
Avg:$566,005Median:$499,900Range:$200,000 – $1,650,000PSF:$325 / $297Sq Ft:1,686 / 1,608DOM:78 / 44New:5Total:95
4 Beds
Avg:$1,362,591Median:$1,125,000Range:$399,500 – $4,800,000PSF:$457 / $429Sq Ft:2,845 / 2,519DOM:97 / 91New:1Total:32
5 Beds
Avg:$1,846,568Median:$1,499,000Range:$700,000 – $3,975,000PSF:$456 / $426Sq Ft:3,912 / 3,510DOM:93 / 95New:1Total:20
6 Beds
Avg:$1,431,667Median:$850,000Range:$845,000 – $2,600,000PSF:$606 / $606Sq Ft:4,287 / 4,287DOM:127 / 44New:0Total:3
7 Beds
Avg:$599,900Median:$599,900Range:$599,900 – $599,900PSF:$216 / $216Sq Ft:2,773 / 2,773DOM:151 / 151New:0Total:1
8 Beds
Avg:$1,050,000Median:$1,050,000Range:$1,050,000 – $1,050,000PSF:$1,750 / $1,750Sq Ft:600 / 600DOM:248 / 248New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $212,077 | $200,000 | $110,000 – $329,000 | $291 / $288 | 735 / 704 | 73 / 43 | 1 | 13 |
| 2 Beds | $287,084 | $289,000 | $9,999 – $599,900 | $267 / $269 | 1,079 / 1,022 | 99 / 95 | 7 | 101 |
| 3 Beds | $566,005 | $499,900 | $200,000 – $1,650,000 | $325 / $297 | 1,686 / 1,608 | 78 / 44 | 5 | 95 |
| 4 Beds | $1,362,591 | $1,125,000 | $399,500 – $4,800,000 | $457 / $429 | 2,845 / 2,519 | 97 / 91 | 1 | 32 |
| 5 Beds | $1,846,568 | $1,499,000 | $700,000 – $3,975,000 | $456 / $426 | 3,912 / 3,510 | 93 / 95 | 1 | 20 |
| 6 Beds | $1,431,667 | $850,000 | $845,000 – $2,600,000 | $606 / $606 | 4,287 / 4,287 | 127 / 44 | 0 | 3 |
| 7 Beds | $599,900 | $599,900 | $599,900 – $599,900 | $216 / $216 | 2,773 / 2,773 | 151 / 151 | 0 | 1 |
| 8 Beds | $1,050,000 | $1,050,000 | $1,050,000 – $1,050,000 | $1,750 / $1,750 | 600 / 600 | 248 / 248 | 0 | 1 |
Rental Market Overview
Median Rent
$1,547
+0.1%
Median DOM
23
+53.3%
New Listings
41
Inventory
279
−10.9%
- Average Rent: $1,685
- Median Rent: $1,547
- Rent Range: $700 – $5,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,028 / 907
- Square Footage Range: 330 – 5,068
- Days on Market (Avg/Median): 40 / 23
- Days on Market Range: 1 – 340
- New Listings: 41
- Total Listings: 279
Rentals by Property Type
Apartment
$1,400
Median DOM: 1
Inventory: 166
MoM: +0.1%
Condo
$1,400
Median DOM: 33
Inventory: 10
MoM: +0.1%
Single Family
$1,850
Median DOM: 33
Inventory: 65
MoM: +0.1%
Townhouse
$1,750
Median DOM: 33
Inventory: 38
MoM: +0.1%
Apartment
Avg/Median Rent$1,495 / $1,400Range$799 – $2,950Rent per Sq Ft$2 / $2Sq Ft899 / 850DOM38 / 1New34Total166
Condo
Avg/Median Rent$1,389 / $1,400Range$895 – $1,950Rent per Sq Ft$2 / $2Sq Ft909 / 840DOM49 / 33New0Total10
Single Family
Avg/Median Rent$2,109 / $1,850Range$750 – $5,995Rent per Sq Ft$2 / $2Sq Ft1,287 / 1,100DOM44 / 33New6Total65
Townhouse
Avg/Median Rent$1,868 / $1,750Range$700 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,182 / 1,060DOM45 / 33New1Total38
Rentals by Bedroom Count
Studio
Avg:$1,002Median:$850Range:$799 – $1,400PSF:$2 / $2Sq Ft:426 / 440DOM:75 / 25New:1Total:8
1 Beds
Avg:$1,286Median:$1,222Range:$700 – $2,072PSF:$2 / $2Sq Ft:711 / 731DOM:42 / 15New:12Total:78
2 Beds
Avg:$1,639Median:$1,550Range:$895 – $3,750PSF:$2 / $2Sq Ft:1,019 / 961DOM:39 / 21New:24Total:143
3 Beds
Avg:$2,343Median:$2,000Range:$1,650 – $5,995PSF:$2 / $2Sq Ft:1,409 / 1,268DOM:35 / 21New:3Total:34
4 Beds
Avg:$2,457Median:$2,095Range:$1,500 – $5,199PSF:$1 / $1Sq Ft:1,806 / 1,905DOM:34 / 28New:1Total:12
5 Beds
Avg:$4,758Median:$5,300Range:$3,175 – $5,800PSF:$2 / $2Sq Ft:3,079 / 2,980DOM:83 / 67New:0Total:3
8 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$2 / $2Sq Ft:2,548 / 2,548DOM:28 / 28New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,002 | $850 | $799 – $1,400 | $2 / $2 | 426 / 440 | 75 / 25 | 1 | 8 |
| 1 Beds | $1,286 | $1,222 | $700 – $2,072 | $2 / $2 | 711 / 731 | 42 / 15 | 12 | 78 |
| 2 Beds | $1,639 | $1,550 | $895 – $3,750 | $2 / $2 | 1,019 / 961 | 39 / 21 | 24 | 143 |
| 3 Beds | $2,343 | $2,000 | $1,650 – $5,995 | $2 / $2 | 1,409 / 1,268 | 35 / 21 | 3 | 34 |
| 4 Beds | $2,457 | $2,095 | $1,500 – $5,199 | $1 / $1 | 1,806 / 1,905 | 34 / 28 | 1 | 12 |
| 5 Beds | $4,758 | $5,300 | $3,175 – $5,800 | $2 / $2 | 3,079 / 2,980 | 83 / 67 | 0 | 3 |
| 8 Beds | $4,000 | $4,000 | $4,000 – $4,000 | $2 / $2 | 2,548 / 2,548 | 28 / 28 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$415,000Median DOM:31New:80Total:353
Apr 2026
Median Price:$405,000Median DOM:33New:59Total:336
May 2026
Median Price:$399,000Median DOM:36New:73Total:343
Jun 2026
Median Price:$384,999Median DOM:70New:50Total:327
Jul 2026
Median Price:$395,000Median DOM:81New:44Total:298
Aug 2026
Median Price:$398,500Median DOM:83New:15Total:286
6-Month Rental Trend
Mar 2026
Median Rent:$1,440Median DOM:1New:204Total:370
Apr 2026
Median Rent:$1,419Median DOM:1New:176Total:397
May 2026
Median Rent:$1,490Median DOM:1New:160Total:357
Jun 2026
Median Rent:$1,449Median DOM:3New:143Total:350
Jul 2026
Median Rent:$1,545Median DOM:15New:103Total:313
Aug 2026
Median Rent:$1,547Median DOM:23New:41Total:279
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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