ZIP 85022 Housing Market Report
Phoenix Metro
Report period: May 2026
85022 Monthly Market Update – May 2026
ZIP 85022 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$375,000
−0.5%
Median DOM (Sales)
32
+3.2%
New Listings (Sales)
14
−82.3%
Median Rent
$1,400
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
822
−1.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (31 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,080,000 median)
Sales Market Overview
Median Price
$375,000
−0.5%
Median DOM
32
+3.2%
New Listings
14
−82.3%
Inventory
307
+2.0%
- Average Price: $469,301
- Median Price: $375,000
- Price Range: $34,900 – $2,850,000
- Price per Sq Ft (Avg/Median): $271 / $275
- Square Footage (Avg/Median): 1,661 / 1,417
- Square Footage Range: 504 – 4,718
- Days on Market (Avg/Median): 72 / 32
- Days on Market Range: 1 – 353
- New Listings: 14
- Total Listings: 307
Sales by Property Type
Condo
Avg/Median Price$235,225 / $228,000Range$119,900 – $335,000Price per Sq Ft$261 / $254Sq Ft914 / 886DOM104 / 79New1Total24
Land
Avg/Median Price$503,037 / $299,000Range$75,000 – $1,499,800Price per Sq Ft—Sq Ft—DOM185 / 159New1Total16
Manufactured
Avg/Median Price$157,407 / $130,000Range$34,900 – $355,000Price per Sq Ft$131 / $94Sq Ft1,242 / 1,258DOM94 / 34New2Total53
Multi-Family
Avg/Median Price$850,000 / $850,000Range$850,000 – $850,000Price per Sq Ft$421 / $421Sq Ft2,019 / 2,019DOM104 / 104New0Total1
Single Family
Avg/Median Price$656,657 / $559,900Range$229,000 – $2,850,000Price per Sq Ft$322 / $316Sq Ft2,041 / 1,825DOM54 / 31New9Total159
Townhouse
Avg/Median Price$310,744 / $298,000Range$209,000 – $525,000Price per Sq Ft$252 / $248Sq Ft1,266 / 1,214DOM62 / 32New1Total54
Sales by Bedroom Count
1 Beds
Avg:$262,078Median:$190,000Range:$37,900 – $850,000PSF:$280 / $264Sq Ft:872 / 757DOM:79 / 32New:2Total:9
2 Beds
Avg:$268,380Median:$284,000Range:$34,900 – $599,000PSF:$246 / $255Sq Ft:1,084 / 1,056DOM:74 / 33New:3Total:96
3 Beds
Avg:$475,333Median:$454,096Range:$85,000 – $2,850,000PSF:$272 / $290Sq Ft:1,709 / 1,584DOM:66 / 31New:6Total:120
4 Beds
Avg:$715,229Median:$699,990Range:$138,888 – $1,800,000PSF:$304 / $293Sq Ft:2,298 / 2,229DOM:61 / 31New:2Total:55
5 Beds
Avg:$1,007,612Median:$999,000Range:$135,900 – $1,499,000PSF:$288 / $304Sq Ft:3,942 / 3,946DOM:51 / 31New:0Total:8
6 Beds
Avg:$1,155,000Median:$1,080,000Range:$515,000 – $1,870,000PSF:$303 / $253Sq Ft:3,630 / 4,263DOM:46 / 33New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $262,078 | $190,000 | $37,900 – $850,000 | $280 / $264 | 872 / 757 | 79 / 32 | 2 | 9 |
| 2 Beds | $268,380 | $284,000 | $34,900 – $599,000 | $246 / $255 | 1,084 / 1,056 | 74 / 33 | 3 | 96 |
| 3 Beds | $475,333 | $454,096 | $85,000 – $2,850,000 | $272 / $290 | 1,709 / 1,584 | 66 / 31 | 6 | 120 |
| 4 Beds | $715,229 | $699,990 | $138,888 – $1,800,000 | $304 / $293 | 2,298 / 2,229 | 61 / 31 | 2 | 55 |
| 5 Beds | $1,007,612 | $999,000 | $135,900 – $1,499,000 | $288 / $304 | 3,942 / 3,946 | 51 / 31 | 0 | 8 |
| 6 Beds | $1,155,000 | $1,080,000 | $515,000 – $1,870,000 | $303 / $253 | 3,630 / 4,263 | 46 / 33 | 0 | 3 |
Rental Market Overview
Median Rent
$1,400
0.0%
Median DOM
1
0.0%
New Listings
263
Inventory
822
−1.1%
- Average Rent: $1,523
- Median Rent: $1,400
- Rent Range: $750 – $6,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 993 / 885
- Square Footage Range: 401 – 6,229
- Days on Market (Avg/Median): 13 / 1
- Days on Market Range: 1 – 358
- New Listings: 263
- Total Listings: 822
Rentals by Property Type
Apartment
$1,340
Median DOM: 1
Inventory: 687
MoM: 0.0%
Condo
$1,600
Median DOM: 9
Inventory: 10
MoM: 0.0%
Single Family
$2,265
Median DOM: 23
Inventory: 87
MoM: 0.0%
Townhouse
$1,790
Median DOM: 38
Inventory: 34
MoM: 0.0%
Apartment
Avg/Median Rent$1,392 / $1,340Range$750 – $5,458Rent per Sq Ft$2 / $2Sq Ft886 / 840DOM8 / 1New247Total687
Condo
Avg/Median Rent$1,615 / $1,600Range$1,050 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,131 / 1,050DOM35 / 9New3Total10
Manufactured
Avg/Median Rent$1,950 / $1,799Range$1,500 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,111 / 992DOM86 / 57New0Total4
Single Family
Avg/Median Rent$2,400 / $2,265Range$949 – $6,000Rent per Sq Ft$1 / $1Sq Ft1,729 / 1,619DOM35 / 23New13Total87
Townhouse
Avg/Median Rent$1,841 / $1,790Range$1,300 – $2,950Rent per Sq Ft$2 / $1Sq Ft1,255 / 1,248DOM59 / 38New0Total34
Rentals by Bedroom Count
Studio
Avg:$1,005Median:$1,011Range:$753 – $1,300PSF:$2 / $2Sq Ft:840 / 440DOM:27 / 1New:3Total:15
1 Beds
Avg:$1,276Median:$1,235Range:$750 – $2,500PSF:$2 / $2Sq Ft:735 / 720DOM:9 / 1New:102Total:266
2 Beds
Avg:$1,449Median:$1,412Range:$895 – $2,995PSF:$1 / $1Sq Ft:975 / 992DOM:9 / 1New:133Total:420
3 Beds
Avg:$2,154Median:$2,159Range:$1,400 – $3,200PSF:$2 / $2Sq Ft:1,432 / 1,362DOM:32 / 1New:24Total:91
4 Beds
Avg:$3,022Median:$2,895Range:$2,100 – $5,458PSF:$1 / $1Sq Ft:2,227 / 2,079DOM:54 / 47New:0Total:24
5 Beds
Avg:$2,857Median:$2,899Range:$2,395 – $3,299PSF:$1 / $1Sq Ft:2,600 / 2,600DOM:22 / 10New:1Total:5
7 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$2 / $2Sq Ft:2,516 / 2,516DOM:101 / 101New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,005 | $1,011 | $753 – $1,300 | $2 / $2 | 840 / 440 | 27 / 1 | 3 | 15 |
| 1 Beds | $1,276 | $1,235 | $750 – $2,500 | $2 / $2 | 735 / 720 | 9 / 1 | 102 | 266 |
| 2 Beds | $1,449 | $1,412 | $895 – $2,995 | $1 / $1 | 975 / 992 | 9 / 1 | 133 | 420 |
| 3 Beds | $2,154 | $2,159 | $1,400 – $3,200 | $2 / $2 | 1,432 / 1,362 | 32 / 1 | 24 | 91 |
| 4 Beds | $3,022 | $2,895 | $2,100 – $5,458 | $1 / $1 | 2,227 / 2,079 | 54 / 47 | 0 | 24 |
| 5 Beds | $2,857 | $2,899 | $2,395 – $3,299 | $1 / $1 | 2,600 / 2,600 | 22 / 10 | 1 | 5 |
| 7 Beds | $6,000 | $6,000 | $6,000 – $6,000 | $2 / $2 | 2,516 / 2,516 | 101 / 101 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$389,000Median DOM:48New:38Total:261
Jan 2026
Median Price:$399,900Median DOM:44New:77Total:276
Feb 2026
Median Price:$418,999Median DOM:28New:71Total:288
Mar 2026
Median Price:$399,000Median DOM:30New:73Total:302
Apr 2026
Median Price:$377,000Median DOM:31New:79Total:301
May 2026
Median Price:$375,000Median DOM:32New:14Total:307
6-Month Rental Trend
Dec 2025
Median Rent:$1,675Median DOM:33New:65Total:186
Jan 2026
Median Rent:$1,623Median DOM:16New:88Total:232
Feb 2026
Median Rent:$1,444Median DOM:1New:414Total:587
Mar 2026
Median Rent:$1,400Median DOM:1New:525Total:799
Apr 2026
Median Rent:$1,400Median DOM:1New:501Total:831
May 2026
Median Rent:$1,400Median DOM:1New:263Total:822
Key Market Takeaways
Median sale prices softened this month while inventory expanded. 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.
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