ZIP 85027 Housing Market Report
Phoenix Metro
Report period: August 2026
85027 Monthly Market Update – August 2026
ZIP 85027 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$350,000
+3.0%
Median DOM (Sales)
43
0.0%
New Listings (Sales)
11
−62.1%
Median Rent
$1,475
+1.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
279
−14.9%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (39 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($469,900 median)
Sales Market Overview
Median Price
$350,000
+3.0%
Median DOM
43
0.0%
New Listings
11
−62.1%
Inventory
174
+1.2%
- Average Price: $348,753
- Median Price: $350,000
- Price Range: $19,900 – $6,000,000
- Price per Sq Ft (Avg/Median): $235 / $256
- Square Footage (Avg/Median): 1,330 / 1,305
- Square Footage Range: 600 – 3,175
- Days on Market (Avg/Median): 77 / 43
- Days on Market Range: 2 – 305
- New Listings: 11
- Total Listings: 174
Sales by Property Type
Condo
Avg/Median Price$209,923 / $224,900Range$128,900 – $275,000Price per Sq Ft$241 / $244Sq Ft878 / 957DOM115 / 116New0Total21
Land
Avg/Median Price$2,375,000 / $600,000Range$525,000 – $6,000,000Price per Sq Ft—Sq Ft—DOM127 / 162New0Total3
Manufactured
Avg/Median Price$53,452 / $54,900Range$19,900 – $89,900Price per Sq Ft$47 / $47Sq Ft1,164 / 1,086DOM134 / 124New1Total26
Single Family
Avg/Median Price$430,492 / $420,000Range$269,000 – $948,000Price per Sq Ft$281 / $284Sq Ft1,582 / 1,500DOM46 / 39New8Total93
Townhouse
Avg/Median Price$249,164 / $249,000Range$169,900 – $369,900Price per Sq Ft$250 / $246Sq Ft1,021 / 966DOM92 / 86New2Total31
Sales by Bedroom Count
1 Beds
Avg:$168,114Median:$175,000Range:$128,900 – $180,000PSF:$257 / $257Sq Ft:655 / 658DOM:130 / 139New:0Total:7
2 Beds
Avg:$192,737Median:$229,800Range:$19,900 – $385,000PSF:$193 / $233Sq Ft:1,036 / 966DOM:101 / 83New:4Total:75
3 Beds
Avg:$403,831Median:$399,999Range:$54,900 – $620,000PSF:$271 / $287Sq Ft:1,530 / 1,451DOM:49 / 34New:6Total:62
4 Beds
Avg:$461,118Median:$469,900Range:$325,000 – $565,000PSF:$257 / $260Sq Ft:1,835 / 1,842DOM:55 / 43New:1Total:25
5 Beds
Avg:$680,250Median:$412,500Range:$412,500 – $948,000PSF:$307 / $299Sq Ft:2,240 / 1,305DOM:63 / 44New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $168,114 | $175,000 | $128,900 – $180,000 | $257 / $257 | 655 / 658 | 130 / 139 | 0 | 7 |
| 2 Beds | $192,737 | $229,800 | $19,900 – $385,000 | $193 / $233 | 1,036 / 966 | 101 / 83 | 4 | 75 |
| 3 Beds | $403,831 | $399,999 | $54,900 – $620,000 | $271 / $287 | 1,530 / 1,451 | 49 / 34 | 6 | 62 |
| 4 Beds | $461,118 | $469,900 | $325,000 – $565,000 | $257 / $260 | 1,835 / 1,842 | 55 / 43 | 1 | 25 |
| 5 Beds | $680,250 | $412,500 | $412,500 – $948,000 | $307 / $299 | 2,240 / 1,305 | 63 / 44 | 0 | 2 |
Rental Market Overview
Median Rent
$1,475
+1.2%
Median DOM
1
0.0%
New Listings
55
Inventory
279
−14.9%
- Average Rent: $1,539
- Median Rent: $1,475
- Rent Range: $834 – $4,100
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 978 / 931
- Square Footage Range: 390 – 3,175
- Days on Market (Avg/Median): 21 / 1
- Days on Market Range: 1 – 357
- New Listings: 55
- Total Listings: 279
Rentals by Property Type
Apartment
$1,317
Median DOM: 1
Inventory: 187
MoM: +1.2%
Condo
$1,295
Median DOM: 14
Inventory: 2
MoM: +1.2%
Single Family
$2,095
Median DOM: 21
Inventory: 68
MoM: +1.2%
Townhouse
$1,600
Median DOM: 35
Inventory: 21
MoM: +1.2%
Apartment
Avg/Median Rent$1,321 / $1,317Range$834 – $2,019Rent per Sq Ft$2 / $2Sq Ft803 / 781DOM13 / 1New46Total187
Condo
Avg/Median Rent$1,547 / $1,295Range$1,295 – $1,799Rent per Sq Ft$1 / $1Sq Ft1,128 / 983DOM20 / 14New0Total2
Manufactured
Avg/Median Rent$1,595 / $1,595Range$1,595 – $1,595Rent per Sq Ft$2 / $2Sq Ft960 / 960DOM66 / 66New0Total1
Single Family
Avg/Median Rent$2,111 / $2,095Range$1,325 – $4,100Rent per Sq Ft$1 / $1Sq Ft1,444 / 1,414DOM34 / 21New7Total68
Townhouse
Avg/Median Rent$1,628 / $1,600Range$1,450 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,011 / 994DOM50 / 35New2Total21
Rentals by Bedroom Count
Studio
Avg:$1,104Median:$958Range:$834 – $1,450PSF:$2 / $2Sq Ft:527 / 413DOM:41 / 1New:1Total:14
1 Beds
Avg:$1,211Median:$1,155Range:$843 – $1,749PSF:$2 / $2Sq Ft:691 / 717DOM:10 / 1New:18Total:86
2 Beds
Avg:$1,469Median:$1,475Range:$925 – $2,019PSF:$2 / $2Sq Ft:950 / 952DOM:20 / 1New:29Total:108
3 Beds
Avg:$2,041Median:$2,015Range:$1,325 – $2,615PSF:$2 / $1Sq Ft:1,382 / 1,326DOM:34 / 20New:6Total:54
4 Beds
Avg:$2,279Median:$2,299Range:$1,829 – $2,650PSF:$1 / $1Sq Ft:1,580 / 1,617DOM:31 / 28New:1Total:15
5 Beds
Avg:$3,352Median:$2,605Range:$2,605 – $4,100PSF:$1 / $1Sq Ft:2,534 / 1,892DOM:28 / 19New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,104 | $958 | $834 – $1,450 | $2 / $2 | 527 / 413 | 41 / 1 | 1 | 14 |
| 1 Beds | $1,211 | $1,155 | $843 – $1,749 | $2 / $2 | 691 / 717 | 10 / 1 | 18 | 86 |
| 2 Beds | $1,469 | $1,475 | $925 – $2,019 | $2 / $2 | 950 / 952 | 20 / 1 | 29 | 108 |
| 3 Beds | $2,041 | $2,015 | $1,325 – $2,615 | $2 / $1 | 1,382 / 1,326 | 34 / 20 | 6 | 54 |
| 4 Beds | $2,279 | $2,299 | $1,829 – $2,650 | $1 / $1 | 1,580 / 1,617 | 31 / 28 | 1 | 15 |
| 5 Beds | $3,352 | $2,605 | $2,605 – $4,100 | $1 / $1 | 2,534 / 1,892 | 28 / 19 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$299,900Median DOM:30New:51Total:202
Apr 2026
Median Price:$285,000Median DOM:31New:42Total:193
May 2026
Median Price:$300,000Median DOM:33New:53Total:203
Jun 2026
Median Price:$339,900Median DOM:38New:36Total:192
Jul 2026
Median Price:$339,900Median DOM:43New:29Total:172
Aug 2026
Median Price:$350,000Median DOM:43New:11Total:174
6-Month Rental Trend
Mar 2026
Median Rent:$1,479Median DOM:1New:409Total:594
Apr 2026
Median Rent:$1,467Median DOM:1New:358Total:610
May 2026
Median Rent:$1,474Median DOM:1New:289Total:520
Jun 2026
Median Rent:$1,450Median DOM:1New:199Total:460
Jul 2026
Median Rent:$1,458Median DOM:1New:120Total:328
Aug 2026
Median Rent:$1,475Median DOM:1New:55Total:279
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady 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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