ZIP 85021 Housing Market Report

Phoenix Metro

Report period: July 2026

85021 Monthly Market Update – July 2026

ZIP 85021 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$500,000
+0.2%
Median DOM (Sales)
70
+79.5%
New Listings (Sales)
10
−75.6%
Median Rent
$1,250
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
366
−9.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (37 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($1,225,000 median)

Sales Market Overview

Median Price
$500,000
+0.2%
Median DOM
70
+79.5%
New Listings
10
−75.6%
Inventory
202
−1.9%
  • Average Price: $647,709
  • Median Price: $500,000
  • Price Range: $7,500 – $4,600,000
  • Price per Sq Ft (Avg/Median): $287 / $283
  • Square Footage (Avg/Median): 1,978 / 1,756
  • Square Footage Range: 367 – 7,200
  • Days on Market (Avg/Median): 79 / 70
  • Days on Market Range: 2 – 331
  • New Listings: 10
  • Total Listings: 202

Sales by Property Type

Condo
Avg/Median Price$217,161 / $224,900Range$139,000 – $300,000Price per Sq Ft$202 / $190Sq Ft1,100 / 1,202DOM58 / 37New1Total8
Land
Avg/Median Price$448,900 / $500,000Range$140,000 – $750,000Price per Sq FtSq FtDOM145 / 170New0Total5
Manufactured
Avg/Median Price$35,727 / $29,900Range$7,500 – $89,900Price per Sq Ft$50 / $31Sq Ft840 / 864DOM121 / 79New0Total26
Multi-Family
Avg/Median Price$656,078 / $619,900Range$335,000 – $999,000Price per Sq Ft$338 / $275Sq Ft2,004 / 2,175DOM94 / 38New0Total9
Single Family
Avg/Median Price$896,075 / $749,900Range$270,000 – $4,600,000Price per Sq Ft$356 / $333Sq Ft2,393 / 2,131DOM70 / 42New8Total121
Townhouse
Avg/Median Price$351,415 / $329,999Range$179,900 – $649,000Price per Sq Ft$231 / $229Sq Ft1,530 / 1,414DOM70 / 42New1Total33

Sales by Bedroom Count

1 Beds
Avg:$66,833Median:$29,900Range:$10,900 – $179,500PSF:$140 / $76Sq Ft:498 / 396DOM:84 / 78New:0Total:6
2 Beds
Avg:$219,512Median:$229,900Range:$7,500 – $649,000PSF:$172 / $191Sq Ft:1,186 / 1,104DOM:89 / 79New:2Total:57
3 Beds
Avg:$582,055Median:$490,000Range:$54,900 – $2,850,000PSF:$314 / $294Sq Ft:1,816 / 1,714DOM:78 / 72New:3Total:57
4 Beds
Avg:$947,349Median:$900,000Range:$320,000 – $1,999,900PSF:$371 / $361Sq Ft:2,515 / 2,422DOM:62 / 40New:4Total:56
5 Beds
Avg:$1,355,444Median:$1,225,000Range:$505,000 – $2,200,000PSF:$348 / $320Sq Ft:3,844 / 3,371DOM:71 / 42New:1Total:11
6 Beds
Avg:$1,632,738Median:$749,000Range:$595,000 – $4,600,000PSF:$456 / $422Sq Ft:5,046 / 5,125DOM:75 / 38New:0Total:8
8 Beds
Avg:$739,500Median:$689,000Range:$689,000 – $790,000PSF:$250 / $250Sq Ft:2,752 / 2,752DOM:127 / 26New:0Total:2

Rental Market Overview

Median Rent
$1,250
0.0%
Median DOM
1
0.0%
New Listings
46
Inventory
366
−9.0%
  • Average Rent: $1,386
  • Median Rent: $1,250
  • Rent Range: $595 – $6,596
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 988 / 782
  • Square Footage Range: 312 – 9,160
  • Days on Market (Avg/Median): 29 / 1
  • Days on Market Range: 1 – 353
  • New Listings: 46
  • Total Listings: 366

Rentals by Property Type

Apartment
$1,179
Median DOM: 1
Inventory: 289
MoM: 0.0%
Condo
$895
Median DOM: 1
Inventory: 3
MoM: 0.0%
Single Family
$2,200
Median DOM: 33
Inventory: 43
MoM: 0.0%
Townhouse
$1,750
Median DOM: 32
Inventory: 30
MoM: 0.0%
Apartment
Avg/Median Rent$1,188 / $1,179Range$595 – $2,700Rent per Sq Ft$2 / $2Sq Ft852 / 700DOM24 / 1New40Total289
Condo
Avg/Median Rent$922 / $895Range$845 – $1,025Rent per Sq Ft$2 / $1Sq Ft635 / 706DOM100 / 1New0Total3
Multi-Family
Avg/Median Rent$875 / $875Range$875 – $875Rent per Sq Ft$2 / $2Sq Ft459 / 459DOM205 / 205New0Total1
Single Family
Avg/Median Rent$2,530 / $2,200Range$975 – $6,596Rent per Sq Ft$1 / $1Sq Ft1,761 / 1,670DOM48 / 33New5Total43
Townhouse
Avg/Median Rent$1,721 / $1,750Range$1,095 – $2,799Rent per Sq Ft$1 / $1Sq Ft1,308 / 1,322DOM39 / 32New1Total30

Rentals by Bedroom Count

Studio
Avg:$846Median:$820Range:$595 – $1,385PSF:$2 / $2Sq Ft:453 / 455DOM:33 / 1New:4Total:35
1 Beds
Avg:$1,063Median:$1,104Range:$695 – $1,600PSF:$2 / $2Sq Ft:777 / 673DOM:24 / 1New:23Total:125
2 Beds
Avg:$1,343Median:$1,395Range:$695 – $2,799PSF:$1 / $1Sq Ft:991 / 912DOM:31 / 1New:12Total:145
3 Beds
Avg:$2,323Median:$2,125Range:$1,000 – $6,596PSF:$2 / $1Sq Ft:1,550 / 1,498DOM:35 / 15New:5Total:49
4 Beds
Avg:$2,935Median:$2,600Range:$1,699 – $4,600PSF:$1 / $1Sq Ft:2,431 / 2,106DOM:35 / 25New:2Total:11
5 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$1 / $1Sq Ft:3,371 / 3,371DOM:71 / 71New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$443,000Median DOM:31New:42Total:186
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:$500,000Median DOM:70New:10Total:202

6-Month Rental Trend

Feb 2026
Median Rent:$1,251Median DOM:1New:249Total:418
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:$1,250Median DOM:1New:46Total:366

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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.

← Back to Phoenix Metro