ZIP 85020 Housing Market Report
Phoenix Metro
Report period: May 2026
85020 Monthly Market Update – May 2026
ZIP 85020 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$400,000
−1.2%
Median DOM (Sales)
33
0.0%
New Listings (Sales)
26
−55.9%
Median Rent
$1,420
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
381
−4.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (32 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,299,000 median)
Sales Market Overview
Median Price
$400,000
−1.2%
Median DOM
33
0.0%
New Listings
26
−55.9%
Inventory
341
+1.5%
- Average Price: $605,363
- Median Price: $400,000
- Price Range: $19,999 – $5,198,000
- Price per Sq Ft (Avg/Median): $325 / $296
- Square Footage (Avg/Median): 1,723 / 1,408
- Square Footage Range: 600 – 6,564
- Days on Market (Avg/Median): 77 / 33
- Days on Market Range: 2 – 360
- New Listings: 26
- Total Listings: 341
Sales by Property Type
Condo
Avg/Median Price$267,985 / $269,900Range$135,000 – $475,000Price per Sq Ft$269 / $269Sq Ft994 / 976DOM81 / 33New5Total68
Land
Avg/Median Price$498,282 / $395,000Range$69,900 – $1,300,000Price per Sq Ft—Sq Ft—DOM142 / 136New1Total23
Manufactured
Avg/Median Price$32,800 / $30,000Range$19,999 – $59,000Price per Sq Ft$41 / $42Sq Ft798 / 800DOM134 / 149New0Total5
Multi-Family
Avg/Median Price$638,725 / $560,000Range$380,000 – $1,050,000Price per Sq Ft$983 / $216Sq Ft1,686 / 600DOM128 / 188New0Total8
Single Family
Avg/Median Price$953,726 / $795,000Range$167,000 – $5,198,000Price per Sq Ft$383 / $369Sq Ft2,348 / 2,167DOM68 / 32New9Total143
Townhouse
Avg/Median Price$373,283 / $345,000Range$184,900 – $735,000Price per Sq Ft$277 / $275Sq Ft1,351 / 1,318DOM67 / 32New11Total94
Sales by Bedroom Count
1 Beds
Avg:$180,436Median:$183,000Range:$30,000 – $239,000PSF:$253 / $263Sq Ft:709 / 685DOM:90 / 72New:1Total:14
2 Beds
Avg:$317,047Median:$299,999Range:$19,999 – $1,150,000PSF:$278 / $277Sq Ft:1,124 / 1,038DOM:71 / 32New:12Total:128
3 Beds
Avg:$569,675Median:$495,000Range:$25,000 – $1,845,000PSF:$326 / $296Sq Ft:1,700 / 1,633DOM:75 / 33New:7Total:97
4 Beds
Avg:$1,010,517Median:$899,000Range:$275,000 – $2,400,000PSF:$370 / $358Sq Ft:2,641 / 2,516DOM:70 / 33New:3Total:48
5 Beds
Avg:$1,639,700Median:$1,299,000Range:$539,900 – $5,198,000PSF:$458 / $441Sq Ft:3,619 / 3,235DOM:61 / 32New:2Total:27
6 Beds
Avg:$925,000Median:$845,000Range:$560,000 – $1,370,000PSF:$342 / $342Sq Ft:4,010 / 4,010DOM:100 / 82New:0Total:3
8 Beds
Avg:$1,050,000Median:$1,050,000Range:$1,050,000 – $1,050,000PSF:$1,750 / $1,750Sq Ft:600 / 600DOM:188 / 188New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $180,436 | $183,000 | $30,000 – $239,000 | $253 / $263 | 709 / 685 | 90 / 72 | 1 | 14 |
| 2 Beds | $317,047 | $299,999 | $19,999 – $1,150,000 | $278 / $277 | 1,124 / 1,038 | 71 / 32 | 12 | 128 |
| 3 Beds | $569,675 | $495,000 | $25,000 – $1,845,000 | $326 / $296 | 1,700 / 1,633 | 75 / 33 | 7 | 97 |
| 4 Beds | $1,010,517 | $899,000 | $275,000 – $2,400,000 | $370 / $358 | 2,641 / 2,516 | 70 / 33 | 3 | 48 |
| 5 Beds | $1,639,700 | $1,299,000 | $539,900 – $5,198,000 | $458 / $441 | 3,619 / 3,235 | 61 / 32 | 2 | 27 |
| 6 Beds | $925,000 | $845,000 | $560,000 – $1,370,000 | $342 / $342 | 4,010 / 4,010 | 100 / 82 | 0 | 3 |
| 8 Beds | $1,050,000 | $1,050,000 | $1,050,000 – $1,050,000 | $1,750 / $1,750 | 600 / 600 | 188 / 188 | 0 | 1 |
Rental Market Overview
Median Rent
$1,420
+0.1%
Median DOM
1
0.0%
New Listings
82
Inventory
381
−4.0%
- Average Rent: $1,590
- Median Rent: $1,420
- Rent Range: $650 – $5,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 972 / 888
- Square Footage Range: 250 – 3,203
- Days on Market (Avg/Median): 27 / 1
- Days on Market Range: 1 – 353
- New Listings: 82
- Total Listings: 381
Rentals by Property Type
Apartment
$1,325
Median DOM: 1
Inventory: 282
MoM: +0.1%
Condo
$1,150
Median DOM: 14
Inventory: 11
MoM: +0.1%
Single Family
$2,049
Median DOM: 16
Inventory: 57
MoM: +0.1%
Townhouse
$1,795
Median DOM: 14
Inventory: 31
MoM: +0.1%
Apartment
Avg/Median Rent$1,408 / $1,325Range$650 – $5,121Rent per Sq Ft$2 / $2Sq Ft860 / 835DOM23 / 1New70Total282
Condo
Avg/Median Rent$1,401 / $1,150Range$995 – $2,200Rent per Sq Ft$2 / $1Sq Ft924 / 885DOM36 / 14New1Total11
Single Family
Avg/Median Rent$2,380 / $2,049Range$975 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,448 / 1,260DOM37 / 16New8Total57
Townhouse
Avg/Median Rent$1,861 / $1,795Range$1,300 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,160 / 1,015DOM41 / 14New3Total31
Rentals by Bedroom Count
Studio
Avg:$954Median:$999Range:$650 – $1,240PSF:$2 / $2Sq Ft:420 / 450DOM:25 / 1New:6Total:13
1 Beds
Avg:$1,226Median:$1,189Range:$650 – $1,950PSF:$2 / $2Sq Ft:718 / 731DOM:19 / 1New:23Total:126
2 Beds
Avg:$1,582Median:$1,490Range:$799 – $3,750PSF:$2 / $1Sq Ft:984 / 997DOM:29 / 1New:49Total:188
3 Beds
Avg:$2,346Median:$2,045Range:$1,500 – $5,500PSF:$2 / $2Sq Ft:1,422 / 1,260DOM:43 / 21New:3Total:39
4 Beds
Avg:$3,154Median:$2,695Range:$1,700 – $5,199PSF:$1 / $1Sq Ft:2,190 / 1,969DOM:39 / 16New:1Total:13
5 Beds
Avg:$5,000Median:$5,000Range:$5,000 – $5,000PSF:$2 / $2Sq Ft:2,980 / 2,980DOM:11 / 11New:0Total:1
8 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$2 / $2Sq Ft:2,548 / 2,548DOM:79 / 79New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $954 | $999 | $650 – $1,240 | $2 / $2 | 420 / 450 | 25 / 1 | 6 | 13 |
| 1 Beds | $1,226 | $1,189 | $650 – $1,950 | $2 / $2 | 718 / 731 | 19 / 1 | 23 | 126 |
| 2 Beds | $1,582 | $1,490 | $799 – $3,750 | $2 / $1 | 984 / 997 | 29 / 1 | 49 | 188 |
| 3 Beds | $2,346 | $2,045 | $1,500 – $5,500 | $2 / $2 | 1,422 / 1,260 | 43 / 21 | 3 | 39 |
| 4 Beds | $3,154 | $2,695 | $1,700 – $5,199 | $1 / $1 | 2,190 / 1,969 | 39 / 16 | 1 | 13 |
| 5 Beds | $5,000 | $5,000 | $5,000 – $5,000 | $2 / $2 | 2,980 / 2,980 | 11 / 11 | 0 | 1 |
| 8 Beds | $4,000 | $4,000 | $4,000 – $4,000 | $2 / $2 | 2,548 / 2,548 | 79 / 79 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$400,000Median DOM:85New:40Total:278
Jan 2026
Median Price:$398,000Median DOM:47New:83Total:297
Feb 2026
Median Price:$419,000Median DOM:30New:67Total:304
Mar 2026
Median Price:$415,000Median DOM:31New:80Total:353
Apr 2026
Median Price:$405,000Median DOM:33New:59Total:336
May 2026
Median Price:$400,000Median DOM:33New:26Total:341
6-Month Rental Trend
Dec 2025
Median Rent:$1,500Median DOM:66New:27Total:166
Jan 2026
Median Rent:$1,500Median DOM:52New:49Total:174
Feb 2026
Median Rent:$1,450Median DOM:8New:142Total:279
Mar 2026
Median Rent:$1,440Median DOM:1New:204Total:370
Apr 2026
Median Rent:$1,419Median DOM:1New:176Total:397
May 2026
Median Rent:$1,420Median DOM:1New:82Total:381
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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