ZIP 85024 Housing Market Report

Phoenix Metro

Report period: July 2026

85024 Monthly Market Update – July 2026

ZIP 85024 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$499,998
+0.4%
Median DOM (Sales)
37
0.0%
New Listings (Sales)
18
−68.4%
Median Rent
$1,768
−0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
210
−7.5%

Month-over-Month Movement

Median sale prices moved higher. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (30 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($899,995 median)

Sales Market Overview

Median Price
$499,998
+0.4%
Median DOM
37
0.0%
New Listings
18
−68.4%
Inventory
196
−1.0%
  • Average Price: $512,303
  • Median Price: $499,998
  • Price Range: $15,000 – $2,150,000
  • Price per Sq Ft (Avg/Median): $269 / $294
  • Square Footage (Avg/Median): 1,827 / 1,675
  • Square Footage Range: 720 – 4,813
  • Days on Market (Avg/Median): 63 / 37
  • Days on Market Range: 1 – 364
  • New Listings: 18
  • Total Listings: 196

Sales by Property Type

Condo
Avg/Median Price$192,000 / $192,000Range$192,000 – $192,000Price per Sq Ft$224 / $224Sq Ft859 / 859DOM31 / 31New0Total1
Land
Avg/Median Price$548,725 / $349,000Range$325,000 – $1,095,000Price per Sq FtSq FtDOM180 / 173New0Total4
Manufactured
Avg/Median Price$99,341 / $99,750Range$15,000 – $179,000Price per Sq Ft$81 / $85Sq Ft1,188 / 1,144DOM119 / 102New1Total32
Single Family
Avg/Median Price$638,932 / $599,999Range$194,000 – $2,150,000Price per Sq Ft$312 / $308Sq Ft2,086 / 1,789DOM44 / 30New16Total136
Townhouse
Avg/Median Price$345,687 / $349,000Range$185,000 – $475,000Price per Sq Ft$281 / $295Sq Ft1,228 / 1,184DOM88 / 72New1Total23

Sales by Bedroom Count

1 Beds
Avg:$443,500Median:$192,000Range:$192,000 – $695,000PSF:$267 / $224Sq Ft:1,548 / 859DOM:37 / 31New:0Total:2
2 Beds
Avg:$198,991Median:$164,900Range:$15,000 – $385,000PSF:$179 / $130Sq Ft:1,101 / 1,120DOM:112 / 102New:2Total:39
3 Beds
Avg:$445,766Median:$445,000Range:$72,500 – $949,900PSF:$279 / $297Sq Ft:1,578 / 1,526DOM:55 / 33New:5Total:77
4 Beds
Avg:$697,775Median:$649,990Range:$468,888 – $1,187,935PSF:$317 / $324Sq Ft:2,240 / 2,259DOM:43 / 24New:10Total:58
5 Beds
Avg:$924,925Median:$785,000Range:$135,900 – $2,150,000PSF:$271 / $253Sq Ft:3,277 / 2,923DOM:38 / 31New:1Total:15
6 Beds
Avg:$899,995Median:$899,995Range:$899,995 – $899,995PSF:$218 / $218Sq Ft:4,135 / 4,135DOM:127 / 127New:0Total:1

Rental Market Overview

Median Rent
$1,768
−0.3%
Median DOM
1
0.0%
New Listings
31
Inventory
210
−7.5%
  • Average Rent: $2,056
  • Median Rent: $1,768
  • Rent Range: $964 – $7,300
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,272 / 1,152
  • Square Footage Range: 450 – 4,087
  • Days on Market (Avg/Median): 19 / 1
  • Days on Market Range: 1 – 334
  • New Listings: 31
  • Total Listings: 210

Rentals by Property Type

Apartment
$1,574
Median DOM: 1
Inventory: 120
MoM: −0.3%
Condo
$1,195
Median DOM: 52
Inventory: 2
MoM: −0.3%
Single Family
$2,400
Median DOM: 16
Inventory: 70
MoM: −0.3%
Townhouse
$1,905
Median DOM: 35
Inventory: 18
MoM: −0.3%
Apartment
Avg/Median Rent$1,663 / $1,574Range$964 – $4,928Rent per Sq Ft$2 / $2Sq Ft906 / 832DOM11 / 1New22Total120
Condo
Avg/Median Rent$1,395 / $1,195Range$1,195 – $1,595Rent per Sq Ft$1 / $1Sq Ft1,000 / 817DOM62 / 52New0Total2
Single Family
Avg/Median Rent$2,735 / $2,400Range$1,300 – $7,300Rent per Sq Ft$1 / $1Sq Ft1,907 / 1,632DOM27 / 16New9Total70
Townhouse
Avg/Median Rent$2,102 / $1,905Range$1,578 – $4,000Rent per Sq Ft$2 / $1Sq Ft1,251 / 1,195DOM35 / 35New0Total18

Rentals by Bedroom Count

Studio
Avg:$1,080Median:$1,083Range:$1,064 – $1,094PSF:$2 / $2Sq Ft:496 / 476DOM:1 / 1New:0Total:3
1 Beds
Avg:$1,499Median:$1,466Range:$964 – $1,881PSF:$2 / $2Sq Ft:751 / 747DOM:7 / 1New:10Total:58
2 Beds
Avg:$1,822Median:$1,697Range:$1,155 – $4,928PSF:$2 / $2Sq Ft:1,075 / 1,152DOM:20 / 1New:10Total:63
3 Beds
Avg:$2,308Median:$2,250Range:$1,385 – $4,000PSF:$2 / $2Sq Ft:1,477 / 1,400DOM:27 / 16New:9Total:61
4 Beds
Avg:$3,347Median:$2,995Range:$1,300 – $7,300PSF:$1 / $1Sq Ft:2,474 / 2,417DOM:19 / 5New:2Total:18
5 Beds
Avg:$3,615Median:$3,500Range:$3,195 – $4,000PSF:$1 / $1Sq Ft:2,748 / 2,677DOM:43 / 18New:0Total:6
6 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$1 / $1Sq Ft:3,065 / 3,065DOM:60 / 60New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$475,000Median DOM:29New:42Total:185
Mar 2026
Median Price:$510,000Median DOM:30New:52Total:192
Apr 2026
Median Price:$525,000Median DOM:30New:53Total:195
May 2026
Median Price:$514,900Median DOM:32New:51Total:196
Jun 2026
Median Price:$498,000Median DOM:37New:57Total:198
Jul 2026
Median Price:$499,998Median DOM:37New:18Total:196

6-Month Rental Trend

Feb 2026
Median Rent:$1,845Median DOM:1New:79Total:153
Mar 2026
Median Rent:$1,771Median DOM:1New:121Total:196
Apr 2026
Median Rent:$1,835Median DOM:1New:118Total:211
May 2026
Median Rent:$1,775Median DOM:1New:136Total:234
Jun 2026
Median Rent:$1,774Median DOM:1New:103Total:227
Jul 2026
Median Rent:$1,768Median DOM:1New:31Total:210

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady 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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