ZIP 85021 Housing Market Report
Phoenix Metro
Report period: August 2026
85021 Monthly Market Update – August 2026
ZIP 85021 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$455,000
−4.2%
Median DOM (Sales)
71
+61.4%
New Listings (Sales)
10
−75.0%
Median Rent
$1,250
+1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
261
−13.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (33 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,650,000 median)
Sales Market Overview
Median Price
$455,000
−4.2%
Median DOM
71
+61.4%
New Listings
10
−75.0%
Inventory
210
−0.5%
- Average Price: $621,292
- Median Price: $455,000
- Price Range: $6,900 – $4,600,000
- Price per Sq Ft (Avg/Median): $288 / $281
- Square Footage (Avg/Median): 1,917 / 1,690
- Square Footage Range: 367 – 7,200
- Days on Market (Avg/Median): 83 / 71
- Days on Market Range: 1 – 361
- New Listings: 10
- Total Listings: 210
Sales by Property Type
Condo
Avg/Median Price$227,477 / $228,900Range$139,000 – $320,000Price per Sq Ft$200 / $191Sq Ft1,161 / 1,202DOM61 / 33New0Total9
Land
Avg/Median Price$446,900 / $500,000Range$130,000 – $750,000Price per Sq Ft—Sq Ft—DOM172 / 200New0Total5
Manufactured
Avg/Median Price$34,831 / $29,900Range$6,900 – $89,900Price per Sq Ft$49 / $25Sq Ft879 / 868DOM123 / 108New0Total29
Multi-Family
Avg/Median Price$662,622 / $689,000Range$305,000 – $999,000Price per Sq Ft$536 / $264Sq Ft1,658 / 1,085DOM119 / 100New0Total9
Single Family
Avg/Median Price$868,594 / $655,000Range$249,999 – $4,600,000Price per Sq Ft$353 / $333Sq Ft2,317 / 2,044DOM71 / 44New8Total124
Townhouse
Avg/Median Price$338,538 / $325,000Range$160,000 – $639,000Price per Sq Ft$229 / $229Sq Ft1,482 / 1,318DOM75 / 43New2Total34
Sales by Bedroom Count
1 Beds
Avg:$62,867Median:$29,900Range:$6,900 – $175,500PSF:$145 / $191Sq Ft:537 / 480DOM:71 / 27New:1Total:9
2 Beds
Avg:$221,357Median:$230,000Range:$7,500 – $709,000PSF:$188 / $194Sq Ft:1,168 / 1,104DOM:90 / 44New:4Total:62
3 Beds
Avg:$534,555Median:$490,000Range:$54,900 – $1,594,820PSF:$308 / $299Sq Ft:1,750 / 1,631DOM:82 / 72New:1Total:62
4 Beds
Avg:$1,005,848Median:$900,000Range:$305,000 – $2,700,000PSF:$376 / $354Sq Ft:2,624 / 2,422DOM:72 / 44New:3Total:55
5 Beds
Avg:$1,562,333Median:$1,650,000Range:$450,000 – $2,450,000PSF:$388 / $369Sq Ft:3,910 / 4,041DOM:47 / 44New:1Total:9
6 Beds
Avg:$1,657,150Median:$749,000Range:$575,000 – $4,600,000PSF:$442 / $422Sq Ft:5,019 / 5,683DOM:96 / 100New:0Total:6
8 Beds
Avg:$739,500Median:$689,000Range:$689,000 – $790,000PSF:$250 / $250Sq Ft:2,752 / 2,752DOM:151 / 44New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $62,867 | $29,900 | $6,900 – $175,500 | $145 / $191 | 537 / 480 | 71 / 27 | 1 | 9 |
| 2 Beds | $221,357 | $230,000 | $7,500 – $709,000 | $188 / $194 | 1,168 / 1,104 | 90 / 44 | 4 | 62 |
| 3 Beds | $534,555 | $490,000 | $54,900 – $1,594,820 | $308 / $299 | 1,750 / 1,631 | 82 / 72 | 1 | 62 |
| 4 Beds | $1,005,848 | $900,000 | $305,000 – $2,700,000 | $376 / $354 | 2,624 / 2,422 | 72 / 44 | 3 | 55 |
| 5 Beds | $1,562,333 | $1,650,000 | $450,000 – $2,450,000 | $388 / $369 | 3,910 / 4,041 | 47 / 44 | 1 | 9 |
| 6 Beds | $1,657,150 | $749,000 | $575,000 – $4,600,000 | $442 / $422 | 5,019 / 5,683 | 96 / 100 | 0 | 6 |
| 8 Beds | $739,500 | $689,000 | $689,000 – $790,000 | $250 / $250 | 2,752 / 2,752 | 151 / 44 | 0 | 2 |
Rental Market Overview
Median Rent
$1,250
+1.5%
Median DOM
1
0.0%
New Listings
58
Inventory
261
−13.6%
- Average Rent: $1,394
- Median Rent: $1,250
- Rent Range: $645 – $5,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,013 / 800
- Square Footage Range: 312 – 9,160
- Days on Market (Avg/Median): 42 / 1
- Days on Market Range: 1 – 364
- New Listings: 58
- Total Listings: 261
Rentals by Property Type
Apartment
$1,171
Median DOM: 1
Inventory: 194
MoM: +1.5%
Condo
$895
Median DOM: 311
Inventory: 2
MoM: +1.5%
Single Family
$2,200
Median DOM: 29
Inventory: 32
MoM: +1.5%
Townhouse
$1,750
Median DOM: 31
Inventory: 32
MoM: +1.5%
Apartment
Avg/Median Rent$1,182 / $1,171Range$645 – $2,700Rent per Sq Ft$2 / $2Sq Ft876 / 700DOM35 / 1New49Total194
Condo
Avg/Median Rent$1,198 / $895Range$895 – $1,500Rent per Sq Ft$1 / $1Sq Ft954 / 706DOM319 / 311New0Total2
Multi-Family
Avg/Median Rent$875 / $875Range$875 – $875Rent per Sq Ft$2 / $2Sq Ft459 / 459DOM235 / 235New0Total1
Single Family
Avg/Median Rent$2,363 / $2,200Range$975 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,649 / 1,630DOM55 / 29New3Total32
Townhouse
Avg/Median Rent$1,738 / $1,750Range$1,095 – $2,799Rent per Sq Ft$2 / $1Sq Ft1,287 / 1,322DOM43 / 31New6Total32
Rentals by Bedroom Count
Studio
Avg:$859Median:$795Range:$645 – $1,235PSF:$2 / $2Sq Ft:462 / 455DOM:46 / 1New:5Total:23
1 Beds
Avg:$1,056Median:$1,064Range:$695 – $1,695PSF:$2 / $2Sq Ft:828 / 675DOM:35 / 1New:28Total:90
2 Beds
Avg:$1,389Median:$1,365Range:$695 – $3,400PSF:$1 / $1Sq Ft:1,006 / 945DOM:45 / 8New:20Total:102
3 Beds
Avg:$2,259Median:$2,200Range:$1,000 – $5,000PSF:$2 / $1Sq Ft:1,505 / 1,497DOM:46 / 12New:5Total:37
4 Beds
Avg:$2,645Median:$2,300Range:$1,699 – $3,995PSF:$1 / $1Sq Ft:2,465 / 1,992DOM:44 / 29New:0Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $859 | $795 | $645 – $1,235 | $2 / $2 | 462 / 455 | 46 / 1 | 5 | 23 |
| 1 Beds | $1,056 | $1,064 | $695 – $1,695 | $2 / $2 | 828 / 675 | 35 / 1 | 28 | 90 |
| 2 Beds | $1,389 | $1,365 | $695 – $3,400 | $1 / $1 | 1,006 / 945 | 45 / 8 | 20 | 102 |
| 3 Beds | $2,259 | $2,200 | $1,000 – $5,000 | $2 / $1 | 1,505 / 1,497 | 46 / 12 | 5 | 37 |
| 4 Beds | $2,645 | $2,300 | $1,699 – $3,995 | $1 / $1 | 2,465 / 1,992 | 44 / 29 | 0 | 9 |
6-Month Sales Trend
Mar 2026
Median Price:$459,900Median DOM:33New:51Total:206
Apr 2026
Median Price:$429,000Median DOM:32New:54Total:216
May 2026
Median Price:$450,000Median DOM:36New:43Total:209
Jun 2026
Median Price:$499,000Median DOM:39New:41Total:206
Jul 2026
Median Price:$475,000Median DOM:44New:40Total:211
Aug 2026
Median Price:$455,000Median DOM:71New:10Total:210
6-Month Rental Trend
Mar 2026
Median Rent:$1,265Median DOM:1New:331Total:561
Apr 2026
Median Rent:$1,299Median DOM:1New:281Total:532
May 2026
Median Rent:$1,295Median DOM:1New:222Total:462
Jun 2026
Median Rent:$1,250Median DOM:1New:153Total:402
Jul 2026
Median Rent:$1,232Median DOM:1New:90Total:302
Aug 2026
Median Rent:$1,250Median DOM:1New:58Total:261
Key Market Takeaways
Median sale prices softened 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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