ZIP 85022 Housing Market Report

Phoenix Metro

Report period: July 2026

85022 Monthly Market Update – July 2026

ZIP 85022 · Last updated Jul 9, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$409,500
+6.4%
Median DOM (Sales)
42
+10.5%
New Listings (Sales)
16
−75.8%
Median Rent
$1,386
−0.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
669
−5.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (20 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,080,000 median)

Sales Market Overview

Median Price
$409,500
+6.4%
Median DOM
42
+10.5%
New Listings
16
−75.8%
Inventory
309
−0.3%
  • Average Price: $494,142
  • Median Price: $409,500
  • Price Range: $32,900 – $2,850,000
  • Price per Sq Ft (Avg/Median): $275 / $278
  • Square Footage (Avg/Median): 1,756 / 1,488
  • Square Footage Range: 504 – 5,656
  • Days on Market (Avg/Median): 75 / 42
  • Days on Market Range: 1 – 363
  • New Listings: 16
  • Total Listings: 309

Sales by Property Type

Condo
Avg/Median Price$227,859 / $225,000Range$119,900 – $335,000Price per Sq Ft$253 / $253Sq Ft912 / 849DOM113 / 78New1Total22
Land
Avg/Median Price$406,750 / $279,000Range$100,000 – $1,499,800Price per Sq FtSq FtDOM86 / 43New2Total22
Manufactured
Avg/Median Price$169,049 / $139,000Range$32,900 – $355,000Price per Sq Ft$145 / $104Sq Ft1,194 / 1,200DOM114 / 90New1Total49
Multi-Family
Avg/Median Price$910,000 / $850,000Range$850,000 – $970,000Price per Sq Ft$813 / $421Sq Ft1,412 / 805DOM86 / 20New0Total2
Single Family
Avg/Median Price$679,615 / $585,000Range$315,000 – $2,850,000Price per Sq Ft$316 / $306Sq Ft2,161 / 2,033DOM58 / 37New12Total169
Townhouse
Avg/Median Price$306,001 / $299,900Range$209,900 – $499,000Price per Sq Ft$247 / $247Sq Ft1,278 / 1,240DOM71 / 43New0Total45

Sales by Bedroom Count

1 Beds
Avg:$307,633Median:$189,000Range:$32,900 – $970,000PSF:$341 / $252Sq Ft:873 / 767DOM:72 / 37New:0Total:12
2 Beds
Avg:$277,216Median:$280,000Range:$35,000 – $650,000PSF:$249 / $254Sq Ft:1,111 / 1,062DOM:93 / 78New:2Total:89
3 Beds
Avg:$495,310Median:$449,500Range:$88,900 – $2,699,000PSF:$274 / $285Sq Ft:1,746 / 1,593DOM:62 / 36New:6Total:109
4 Beds
Avg:$735,932Median:$690,000Range:$138,888 – $2,850,000PSF:$301 / $292Sq Ft:2,388 / 2,324DOM:71 / 38New:5Total:60
5 Beds
Avg:$995,300Median:$950,000Range:$135,900 – $2,200,000PSF:$273 / $274Sq Ft:3,524 / 3,857DOM:70 / 41New:1Total:13
6 Beds
Avg:$1,073,475Median:$1,080,000Range:$515,000 – $1,499,000PSF:$275 / $253Sq Ft:3,824 / 3,706DOM:62 / 36New:0Total:4

Rental Market Overview

Median Rent
$1,386
−0.5%
Median DOM
1
0.0%
New Listings
107
Inventory
669
−5.0%
  • Average Rent: $1,552
  • Median Rent: $1,386
  • Rent Range: $750 – $6,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,007 / 876
  • Square Footage Range: 401 – 4,506
  • Days on Market (Avg/Median): 13 / 1
  • Days on Market Range: 1 – 340
  • New Listings: 107
  • Total Listings: 669

Rentals by Property Type

Apartment
$1,307
Median DOM: 1
Inventory: 546
MoM: −0.5%
Condo
$1,400
Median DOM: 21
Inventory: 6
MoM: −0.5%
Single Family
$2,350
Median DOM: 16
Inventory: 85
MoM: −0.5%
Townhouse
$2,100
Median DOM: 36
Inventory: 28
MoM: −0.5%
Apartment
Avg/Median Rent$1,365 / $1,307Range$750 – $2,854Rent per Sq Ft$2 / $2Sq Ft863 / 840DOM8 / 1New97Total546
Condo
Avg/Median Rent$1,591 / $1,400Range$1,095 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,096 / 810DOM51 / 21New0Total6
Manufactured
Avg/Median Rent$1,825 / $1,499Range$1,300 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,088 / 1,040DOM87 / 34New1Total4
Single Family
Avg/Median Rent$2,534 / $2,350Range$1,199 – $6,500Rent per Sq Ft$1 / $1Sq Ft1,817 / 1,680DOM34 / 16New8Total85
Townhouse
Avg/Median Rent$2,162 / $2,100Range$1,300 – $2,995Rent per Sq Ft$2 / $1Sq Ft1,359 / 1,344DOM42 / 36New1Total28

Rentals by Bedroom Count

Studio
Avg:$1,002Median:$935Range:$850 – $1,169PSF:$2 / $2Sq Ft:423 / 440DOM:1 / 1New:2Total:7
1 Beds
Avg:$1,218Median:$1,170Range:$750 – $2,900PSF:$2 / $2Sq Ft:735 / 720DOM:8 / 1New:39Total:243
2 Beds
Avg:$1,491Median:$1,450Range:$925 – $2,950PSF:$2 / $2Sq Ft:978 / 1,000DOM:9 / 1New:53Total:309
3 Beds
Avg:$2,320Median:$2,250Range:$1,495 – $6,500PSF:$2 / $2Sq Ft:1,528 / 1,438DOM:35 / 11New:10Total:83
4 Beds
Avg:$2,871Median:$2,895Range:$1,999 – $4,750PSF:$1 / $1Sq Ft:2,262 / 2,183DOM:43 / 25New:2Total:21
5 Beds
Avg:$3,141Median:$2,949Range:$2,385 – $4,800PSF:$1 / $1Sq Ft:2,697 / 2,600DOM:37 / 9New:1Total:5
7 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$2 / $2Sq Ft:2,516 / 2,516DOM:155 / 155New:0Total:1

6-Month Sales Trend

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:$374,000Median DOM:36New:53Total:307
Jun 2026
Median Price:$385,000Median DOM:38New:66Total:310
Jul 2026
Median Price:$409,500Median DOM:42New:16Total:309

6-Month Rental Trend

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:$1,395Median DOM:1New:455Total:775
Jun 2026
Median Rent:$1,393Median DOM:1New:329Total:704
Jul 2026
Median Rent:$1,386Median DOM:1New:107Total:669

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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