ZIP 85027 Housing Market Report

Phoenix Metro

Report period: July 2026

85027 Monthly Market Update – July 2026

ZIP 85027 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$339,900
0.0%
Median DOM (Sales)
40
+5.3%
New Listings (Sales)
9
−75.0%
Median Rent
$1,450
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
419
−8.9%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (29 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($599,995 median)

Sales Market Overview

Median Price
$339,900
0.0%
Median DOM
40
+5.3%
New Listings
9
−75.0%
Inventory
188
−2.1%
  • Average Price: $345,941
  • Median Price: $339,900
  • Price Range: $19,900 – $6,000,000
  • Price per Sq Ft (Avg/Median): $233 / $256
  • Square Footage (Avg/Median): 1,350 / 1,318
  • Square Footage Range: 600 – 3,175
  • Days on Market (Avg/Median): 71 / 40
  • Days on Market Range: 2 – 294
  • New Listings: 9
  • Total Listings: 188

Sales by Property Type

Condo
Avg/Median Price$210,342 / $225,000Range$129,500 – $275,000Price per Sq Ft$248 / $249Sq Ft859 / 872DOM110 / 112New0Total21
Land
Avg/Median Price$2,375,000 / $600,000Range$525,000 – $6,000,000Price per Sq FtSq FtDOM107 / 134New0Total3
Manufactured
Avg/Median Price$58,948 / $55,000Range$19,900 – $100,000Price per Sq Ft$49 / $49Sq Ft1,202 / 1,200DOM127 / 138New0Total30
Single Family
Avg/Median Price$427,433 / $410,000Range$265,000 – $948,000Price per Sq Ft$278 / $284Sq Ft1,583 / 1,518DOM36 / 29New7Total101
Townhouse
Avg/Median Price$259,258 / $250,000Range$179,000 – $375,000Price per Sq Ft$251 / $252Sq Ft1,082 / 994DOM106 / 104New2Total33

Sales by Bedroom Count

1 Beds
Avg:$180,156Median:$179,000Range:$129,500 – $255,000PSF:$272 / $272Sq Ft:661 / 658DOM:109 / 113New:0Total:9
2 Beds
Avg:$191,741Median:$233,500Range:$19,900 – $402,500PSF:$193 / $238Sq Ft:1,039 / 966DOM:103 / 91New:2Total:71
3 Beds
Avg:$378,459Median:$399,000Range:$54,900 – $620,000PSF:$258 / $279Sq Ft:1,494 / 1,451DOM:49 / 30New:7Total:73
4 Beds
Avg:$450,908Median:$456,900Range:$325,000 – $565,000PSF:$249 / $255Sq Ft:1,856 / 1,813DOM:44 / 35New:0Total:29
5 Beds
Avg:$657,665Median:$599,995Range:$425,000 – $948,000PSF:$283 / $299Sq Ft:2,384 / 2,672DOM:20 / 16New:0Total:3

Rental Market Overview

Median Rent
$1,450
0.0%
Median DOM
1
0.0%
New Listings
60
Inventory
419
−8.9%
  • Average Rent: $1,503
  • Median Rent: $1,450
  • Rent Range: $829 – $4,100
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 922 / 858
  • Square Footage Range: 300 – 3,175
  • Days on Market (Avg/Median): 13 / 1
  • Days on Market Range: 1 – 326
  • New Listings: 60
  • Total Listings: 419

Rentals by Property Type

Apartment
$1,370
Median DOM: 1
Inventory: 326
MoM: 0.0%
Condo
$1,200
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$2,145
Median DOM: 14
Inventory: 71
MoM: 0.0%
Townhouse
$1,565
Median DOM: 19
Inventory: 19
MoM: 0.0%
Apartment
Avg/Median Rent$1,356 / $1,370Range$829 – $2,019Rent per Sq Ft$2 / $2Sq Ft805 / 781DOM7 / 1New45Total326
Condo
Avg/Median Rent$1,348 / $1,200Range$1,200 – $1,495Rent per Sq Ft$2 / $2Sq Ft872 / 749DOM1 / 1New0Total2
Manufactured
Avg/Median Rent$1,595 / $1,595Range$1,595 – $1,595Rent per Sq Ft$2 / $2Sq Ft960 / 960DOM51 / 51New0Total1
Single Family
Avg/Median Rent$2,145 / $2,145Range$1,195 – $4,100Rent per Sq Ft$2 / $2Sq Ft1,432 / 1,379DOM29 / 14New11Total71
Townhouse
Avg/Median Rent$1,638 / $1,565Range$995 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,018 / 994DOM41 / 19New4Total19

Rentals by Bedroom Count

Studio
Avg:$1,130Median:$999Range:$829 – $1,709PSF:$2 / $2Sq Ft:506 / 413DOM:22 / 1New:3Total:22
1 Beds
Avg:$1,246Median:$1,202Range:$850 – $1,953PSF:$2 / $2Sq Ft:689 / 717DOM:5 / 1New:21Total:152
2 Beds
Avg:$1,484Median:$1,475Range:$925 – $2,600PSF:$2 / $2Sq Ft:948 / 952DOM:12 / 1New:21Total:164
3 Beds
Avg:$2,012Median:$1,995Range:$1,609 – $2,565PSF:$2 / $2Sq Ft:1,320 / 1,284DOM:26 / 7New:9Total:61
4 Beds
Avg:$2,365Median:$2,380Range:$1,829 – $2,995PSF:$1 / $1Sq Ft:1,634 / 1,626DOM:31 / 14New:4Total:18
5 Beds
Avg:$3,410Median:$2,720Range:$2,720 – $4,100PSF:$1 / $1Sq Ft:2,534 / 1,892DOM:7 / 6New:2Total:2

6-Month Sales Trend

Feb 2026
Median Price:$295,000Median DOM:29New:46Total:191
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:40New:9Total:188

6-Month Rental Trend

Feb 2026
Median Rent:$1,524Median DOM:1New:350Total:447
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:$1,450Median DOM:1New:60Total:419

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. 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.

← Back to Phoenix Metro