ZIP 85028 Housing Market Report
Phoenix Metro
Report period: July 2026
85028 Monthly Market Update – July 2026
ZIP 85028 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$715,000
+1.4%
Median DOM (Sales)
36
+12.5%
New Listings (Sales)
7
−79.4%
Median Rent
$2,700
+0.2%
Median DOM (Rental)
32
+3.2%
Total Rental Listings
53
−1.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (20 DOM)
- Fastest renting: Townhouse (10 DOM)
- Strongest bedroom: 7 Beds ($1,400,000 median)
Sales Market Overview
Median Price
$715,000
+1.4%
Median DOM
36
+12.5%
New Listings
7
−79.4%
Inventory
115
+0.9%
- Average Price: $875,209
- Median Price: $715,000
- Price Range: $289,400 – $4,700,000
- Price per Sq Ft (Avg/Median): $399 / $373
- Square Footage (Avg/Median): 2,099 / 1,968
- Square Footage Range: 866 – 6,586
- Days on Market (Avg/Median): 42 / 36
- Days on Market Range: 2 – 183
- New Listings: 7
- Total Listings: 115
Sales by Property Type
Condo
Avg/Median Price$372,567 / $345,000Range$289,400 – $500,500Price per Sq Ft$378 / $380Sq Ft989 / 866DOM61 / 38New1Total12
Land
Avg/Median Price$850,000 / $850,000Range$850,000 – $850,000Price per Sq Ft—Sq Ft—DOM38 / 38New0Total1
Single Family
Avg/Median Price$964,347 / $759,900Range$439,000 – $4,700,000Price per Sq Ft$407 / $373Sq Ft2,272 / 2,084DOM40 / 36New6Total93
Townhouse
Avg/Median Price$627,106 / $650,000Range$415,000 – $765,000Price per Sq Ft$353 / $370Sq Ft1,789 / 1,758DOM39 / 20New0Total9
Sales by Bedroom Count
1 Beds
Avg:$330,538Median:$329,000Range:$289,400 – $349,900PSF:$381 / $380Sq Ft:868 / 866DOM:62 / 35New:1Total:8
2 Beds
Avg:$572,265Median:$585,000Range:$409,000 – $750,000PSF:$384 / $385Sq Ft:1,487 / 1,481DOM:62 / 40New:0Total:13
3 Beds
Avg:$823,838Median:$699,000Range:$415,000 – $2,950,000PSF:$401 / $387Sq Ft:1,970 / 1,888DOM:35 / 23New:4Total:39
4 Beds
Avg:$962,774Median:$799,000Range:$550,000 – $4,700,000PSF:$389 / $358Sq Ft:2,383 / 2,246DOM:38 / 36New:1Total:46
5 Beds
Avg:$1,699,714Median:$1,299,000Range:$785,000 – $3,399,000PSF:$517 / $535Sq Ft:3,146 / 3,013DOM:54 / 43New:0Total:7
7 Beds
Avg:$1,400,000Median:$1,400,000Range:$1,400,000 – $1,400,000PSF:$311 / $311Sq Ft:4,504 / 4,504DOM:3 / 3New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $330,538 | $329,000 | $289,400 – $349,900 | $381 / $380 | 868 / 866 | 62 / 35 | 1 | 8 |
| 2 Beds | $572,265 | $585,000 | $409,000 – $750,000 | $384 / $385 | 1,487 / 1,481 | 62 / 40 | 0 | 13 |
| 3 Beds | $823,838 | $699,000 | $415,000 – $2,950,000 | $401 / $387 | 1,970 / 1,888 | 35 / 23 | 4 | 39 |
| 4 Beds | $962,774 | $799,000 | $550,000 – $4,700,000 | $389 / $358 | 2,383 / 2,246 | 38 / 36 | 1 | 46 |
| 5 Beds | $1,699,714 | $1,299,000 | $785,000 – $3,399,000 | $517 / $535 | 3,146 / 3,013 | 54 / 43 | 0 | 7 |
| 7 Beds | $1,400,000 | $1,400,000 | $1,400,000 – $1,400,000 | $311 / $311 | 4,504 / 4,504 | 3 / 3 | 1 | 1 |
Rental Market Overview
Median Rent
$2,700
+0.2%
Median DOM
32
+3.2%
New Listings
3
Inventory
53
−1.9%
- Average Rent: $2,897
- Median Rent: $2,700
- Rent Range: $999 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,602 / 1,518
- Square Footage Range: 425 – 3,151
- Days on Market (Avg/Median): 52 / 32
- Days on Market Range: 1 – 218
- New Listings: 3
- Total Listings: 53
Rentals by Property Type
Apartment
$1,639
Median DOM: 21
Inventory: 18
MoM: +0.2%
Condo
$1,850
Median DOM: —
Inventory: 1
MoM: +0.2%
Single Family
$3,100
Median DOM: 32
Inventory: 32
MoM: +0.2%
Townhouse
$2,200
Median DOM: 10
Inventory: 2
MoM: +0.2%
Apartment
Avg/Median Rent$2,198 / $1,639Range$999 – $6,092Rent per Sq Ft$2 / $2Sq Ft982 / 912DOM73 / 21New1Total18
Condo
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$2 / $2Sq Ft866 / 866DOM—New0Total1
Single Family
Avg/Median Rent$3,350 / $3,100Range$2,055 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,971 / 1,871DOM46 / 32New2Total32
Townhouse
Avg/Median Rent$2,448 / $2,200Range$2,200 – $2,695Rent per Sq Ft$2 / $2Sq Ft1,336 / 1,302DOM37 / 10New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,182Median:$1,098Range:$999 – $1,449PSF:$3 / $3Sq Ft:465 / 440DOM:201 / 201New:0Total:3
1 Beds
Avg:$1,593Median:$1,780Range:$1,149 – $1,850PSF:$2 / $2Sq Ft:781 / 866DOM:21 / 21New:0Total:3
2 Beds
Avg:$2,147Median:$2,100Range:$1,299 – $3,400PSF:$2 / $2Sq Ft:1,120 / 1,115DOM:55 / 19New:1Total:14
3 Beds
Avg:$3,451Median:$2,900Range:$2,055 – $6,500PSF:$2 / $2Sq Ft:1,825 / 1,744DOM:37 / 32New:2Total:21
4 Beds
Avg:$3,379Median:$3,200Range:$2,100 – $4,800PSF:$2 / $1Sq Ft:2,249 / 2,172DOM:72 / 61New:0Total:11
5 Beds
Avg:$5,500Median:$5,500Range:$5,500 – $5,500PSF:$2 / $2Sq Ft:2,657 / 2,657DOM:24 / 24New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,182 | $1,098 | $999 – $1,449 | $3 / $3 | 465 / 440 | 201 / 201 | 0 | 3 |
| 1 Beds | $1,593 | $1,780 | $1,149 – $1,850 | $2 / $2 | 781 / 866 | 21 / 21 | 0 | 3 |
| 2 Beds | $2,147 | $2,100 | $1,299 – $3,400 | $2 / $2 | 1,120 / 1,115 | 55 / 19 | 1 | 14 |
| 3 Beds | $3,451 | $2,900 | $2,055 – $6,500 | $2 / $2 | 1,825 / 1,744 | 37 / 32 | 2 | 21 |
| 4 Beds | $3,379 | $3,200 | $2,100 – $4,800 | $2 / $1 | 2,249 / 2,172 | 72 / 61 | 0 | 11 |
| 5 Beds | $5,500 | $5,500 | $5,500 – $5,500 | $2 / $2 | 2,657 / 2,657 | 24 / 24 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$698,000Median DOM:27New:33Total:127
Mar 2026
Median Price:$709,900Median DOM:27New:39Total:134
Apr 2026
Median Price:$719,000Median DOM:23New:35Total:118
May 2026
Median Price:$699,000Median DOM:28New:39Total:116
Jun 2026
Median Price:$705,000Median DOM:32New:34Total:114
Jul 2026
Median Price:$715,000Median DOM:36New:7Total:115
6-Month Rental Trend
Feb 2026
Median Rent:$3,200Median DOM:99New:9Total:48
Mar 2026
Median Rent:$3,200Median DOM:40New:12Total:52
Apr 2026
Median Rent:$2,900Median DOM:40New:9Total:44
May 2026
Median Rent:$2,700Median DOM:25New:19Total:54
Jun 2026
Median Rent:$2,695Median DOM:31New:9Total:54
Jul 2026
Median Rent:$2,700Median DOM:32New:3Total:53
Key Market Takeaways
Median sale prices moved higher 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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