ZIP 85022 Housing Market Report
Phoenix Metro
Report period: August 2026
85022 Monthly Market Update – August 2026
ZIP 85022 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$399,900
−1.9%
Median DOM (Sales)
43
+2.4%
New Listings (Sales)
21
−69.1%
Median Rent
$1,401
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
452
−13.7%
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: Multi-Family (9 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,750,000 median)
Sales Market Overview
Median Price
$399,900
−1.9%
Median DOM
43
+2.4%
New Listings
21
−69.1%
Inventory
318
+3.6%
- Average Price: $483,042
- Median Price: $399,900
- Price Range: $32,900 – $2,850,000
- Price per Sq Ft (Avg/Median): $272 / $275
- Square Footage (Avg/Median): 1,730 / 1,500
- Square Footage Range: 581 – 5,656
- Days on Market (Avg/Median): 73 / 43
- Days on Market Range: 1 – 353
- New Listings: 21
- Total Listings: 318
Sales by Property Type
Condo
Avg/Median Price$238,098 / $235,000Range$175,000 – $335,000Price per Sq Ft$248 / $245Sq Ft980 / 886DOM97 / 44New1Total23
Land
Avg/Median Price$410,341 / $265,000Range$100,000 – $1,499,800Price per Sq Ft—Sq Ft—DOM87 / 44New3Total22
Manufactured
Avg/Median Price$180,493 / $142,900Range$32,900 – $355,000Price per Sq Ft$152 / $103Sq Ft1,209 / 1,281DOM88 / 79New5Total53
Multi-Family
Avg/Median Price$861,000 / $918,000Range$695,000 – $970,000Price per Sq Ft$775 / $344Sq Ft1,412 / 805DOM13 / 9New0Total3
Single Family
Avg/Median Price$660,841 / $575,000Range$279,000 – $2,850,000Price per Sq Ft$312 / $302Sq Ft2,130 / 1,979DOM61 / 41New11Total172
Townhouse
Avg/Median Price$295,330 / $289,500Range$198,000 – $375,000Price per Sq Ft$250 / $243Sq Ft1,214 / 1,158DOM86 / 73New1Total45
Sales by Bedroom Count
1 Beds
Avg:$325,973Median:$198,000Range:$32,900 – $970,000PSF:$350 / $286Sq Ft:913 / 813DOM:92 / 79New:1Total:11
2 Beds
Avg:$265,804Median:$274,200Range:$35,000 – $650,000PSF:$245 / $252Sq Ft:1,087 / 1,050DOM:90 / 78New:5Total:90
3 Beds
Avg:$482,741Median:$439,000Range:$88,900 – $2,699,000PSF:$272 / $284Sq Ft:1,726 / 1,593DOM:57 / 40New:6Total:110
4 Beds
Avg:$685,898Median:$639,900Range:$138,888 – $2,850,000PSF:$293 / $287Sq Ft:2,287 / 2,259DOM:72 / 42New:4Total:65
5 Beds
Avg:$858,850Median:$799,000Range:$135,900 – $2,200,000PSF:$252 / $264Sq Ft:3,226 / 2,721DOM:72 / 42New:2Total:14
6 Beds
Avg:$1,122,600Median:$1,080,000Range:$695,000 – $1,750,000PSF:$329 / $316Sq Ft:3,586 / 3,706DOM:54 / 31New:0Total:5
7 Beds
Avg:$1,750,000Median:$1,750,000Range:$1,750,000 – $1,750,000PSF:$384 / $384Sq Ft:4,554 / 4,554DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $325,973 | $198,000 | $32,900 – $970,000 | $350 / $286 | 913 / 813 | 92 / 79 | 1 | 11 |
| 2 Beds | $265,804 | $274,200 | $35,000 – $650,000 | $245 / $252 | 1,087 / 1,050 | 90 / 78 | 5 | 90 |
| 3 Beds | $482,741 | $439,000 | $88,900 – $2,699,000 | $272 / $284 | 1,726 / 1,593 | 57 / 40 | 6 | 110 |
| 4 Beds | $685,898 | $639,900 | $138,888 – $2,850,000 | $293 / $287 | 2,287 / 2,259 | 72 / 42 | 4 | 65 |
| 5 Beds | $858,850 | $799,000 | $135,900 – $2,200,000 | $252 / $264 | 3,226 / 2,721 | 72 / 42 | 2 | 14 |
| 6 Beds | $1,122,600 | $1,080,000 | $695,000 – $1,750,000 | $329 / $316 | 3,586 / 3,706 | 54 / 31 | 0 | 5 |
| 7 Beds | $1,750,000 | $1,750,000 | $1,750,000 – $1,750,000 | $384 / $384 | 4,554 / 4,554 | 16 / 16 | 0 | 1 |
Rental Market Overview
Median Rent
$1,401
+0.1%
Median DOM
1
0.0%
New Listings
143
Inventory
452
−13.7%
- Average Rent: $1,601
- Median Rent: $1,401
- Rent Range: $750 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,062 / 950
- Square Footage Range: 401 – 4,506
- Days on Market (Avg/Median): 20 / 1
- Days on Market Range: 1 – 342
- New Listings: 143
- Total Listings: 452
Rentals by Property Type
Apartment
$1,300
Median DOM: 1
Inventory: 350
MoM: +0.1%
Condo
$1,500
Median DOM: 41
Inventory: 5
MoM: +0.1%
Single Family
$2,450
Median DOM: 35
Inventory: 68
MoM: +0.1%
Townhouse
$2,175
Median DOM: 42
Inventory: 25
MoM: +0.1%
Apartment
Avg/Median Rent$1,365 / $1,300Range$750 – $2,500Rent per Sq Ft$2 / $2Sq Ft879 / 840DOM11 / 1New134Total350
Condo
Avg/Median Rent$1,440 / $1,500Range$1,050 – $1,650Rent per Sq Ft$1 / $2Sq Ft1,039 / 810DOM71 / 41New0Total5
Manufactured
Avg/Median Rent$1,705 / $1,425Range$1,300 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,091 / 1,040DOM98 / 38New0Total4
Single Family
Avg/Median Rent$2,603 / $2,450Range$1,395 – $6,500Rent per Sq Ft$1 / $1Sq Ft1,883 / 1,820DOM51 / 35New6Total68
Townhouse
Avg/Median Rent$2,195 / $2,175Range$1,495 – $2,995Rent per Sq Ft$2 / $1Sq Ft1,364 / 1,344DOM44 / 42New3Total25
Rentals by Bedroom Count
Studio
Avg:$973Median:$935Range:$927 – $1,058PSF:$2 / $2Sq Ft:427 / 440DOM:1 / 1New:1Total:3
1 Beds
Avg:$1,225Median:$1,175Range:$750 – $2,900PSF:$2 / $2Sq Ft:738 / 720DOM:12 / 1New:50Total:148
2 Beds
Avg:$1,473Median:$1,417Range:$925 – $2,950PSF:$2 / $1Sq Ft:983 / 1,006DOM:15 / 1New:75Total:207
3 Beds
Avg:$2,299Median:$2,174Range:$1,495 – $6,500PSF:$2 / $1Sq Ft:1,532 / 1,444DOM:40 / 12New:14Total:66
4 Beds
Avg:$2,747Median:$2,685Range:$2,175 – $3,500PSF:$1 / $1Sq Ft:2,242 / 2,196DOM:63 / 38New:3Total:24
5 Beds
Avg:$3,580Median:$2,990Range:$2,949 – $4,800PSF:$1 / $1Sq Ft:2,733 / 2,600DOM:49 / 37New:0Total:3
7 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$2 / $2Sq Ft:2,516 / 2,516DOM:155 / 155New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $973 | $935 | $927 – $1,058 | $2 / $2 | 427 / 440 | 1 / 1 | 1 | 3 |
| 1 Beds | $1,225 | $1,175 | $750 – $2,900 | $2 / $2 | 738 / 720 | 12 / 1 | 50 | 148 |
| 2 Beds | $1,473 | $1,417 | $925 – $2,950 | $2 / $1 | 983 / 1,006 | 15 / 1 | 75 | 207 |
| 3 Beds | $2,299 | $2,174 | $1,495 – $6,500 | $2 / $1 | 1,532 / 1,444 | 40 / 12 | 14 | 66 |
| 4 Beds | $2,747 | $2,685 | $2,175 – $3,500 | $1 / $1 | 2,242 / 2,196 | 63 / 38 | 3 | 24 |
| 5 Beds | $3,580 | $2,990 | $2,949 – $4,800 | $1 / $1 | 2,733 / 2,600 | 49 / 37 | 0 | 3 |
| 7 Beds | $6,000 | $6,000 | $6,000 – $6,000 | $2 / $2 | 2,516 / 2,516 | 155 / 155 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$399,000Median DOM:30New:73Total:302
Apr 2026
Median Price:$377,000Median DOM:31New:79Total:301
May 2026
Median Price:$374,000Median DOM:36New:53Total:307
Jun 2026
Median Price:$385,000Median DOM:38New:66Total:310
Jul 2026
Median Price:$407,500Median DOM:42New:68Total:307
Aug 2026
Median Price:$399,900Median DOM:43New:21Total:318
6-Month Rental Trend
Mar 2026
Median Rent:$1,400Median DOM:1New:525Total:799
Apr 2026
Median Rent:$1,400Median DOM:1New:501Total:831
May 2026
Median Rent:$1,395Median DOM:1New:455Total:775
Jun 2026
Median Rent:$1,393Median DOM:1New:329Total:704
Jul 2026
Median Rent:$1,399Median DOM:1New:205Total:524
Aug 2026
Median Rent:$1,401Median DOM:1New:143Total:452
Key Market Takeaways
Median sale prices softened this month while inventory expanded. 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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