ZIP 85029 Housing Market Report
Phoenix Metro
Report period: August 2026
85029 Monthly Market Update – August 2026
ZIP 85029 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$394,999
0.0%
Median DOM (Sales)
42
0.0%
New Listings (Sales)
14
−65.0%
Median Rent
$1,200
−3.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
241
−11.4%
Month-over-Month Movement
Median sale prices were flat. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (40 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($499,999 median)
Sales Market Overview
Median Price
$394,999
0.0%
Median DOM
42
0.0%
New Listings
14
−65.0%
Inventory
183
+2.8%
- Average Price: $408,019
- Median Price: $394,999
- Price Range: $55,000 – $1,195,000
- Price per Sq Ft (Avg/Median): $252 / $249
- Square Footage (Avg/Median): 1,606 / 1,574
- Square Footage Range: 700 – 3,452
- Days on Market (Avg/Median): 74 / 42
- Days on Market Range: 2 – 361
- New Listings: 14
- Total Listings: 183
Sales by Property Type
Condo
Avg/Median Price$202,527 / $199,900Range$145,000 – $249,999Price per Sq Ft$211 / $207Sq Ft971 / 1,036DOM124 / 78New1Total11
Land
Avg/Median Price$332,250 / $250,000Range$179,000 – $500,000Price per Sq Ft—Sq Ft—DOM268 / 189New0Total4
Manufactured
Avg/Median Price$55,000 / $55,000Range$55,000 – $55,000Price per Sq Ft$61 / $61Sq Ft900 / 900DOM99 / 99New0Total1
Multi-Family
Avg/Median Price$568,331 / $515,000Range$395,000 – $999,990Price per Sq Ft$494 / $303Sq Ft1,342 / 700DOM100 / 117New0Total9
Single Family
Avg/Median Price$429,215 / $399,000Range$280,000 – $1,195,000Price per Sq Ft$255 / $251Sq Ft1,693 / 1,632DOM61 / 40New12Total146
Townhouse
Avg/Median Price$272,949 / $299,000Range$149,500 – $360,000Price per Sq Ft$223 / $217Sq Ft1,232 / 1,194DOM95 / 43New1Total12
Sales by Bedroom Count
2 Beds
Avg:$272,357Median:$223,500Range:$55,000 – $999,990PSF:$225 / $217Sq Ft:1,036 / 999DOM:65 / 42New:2Total:21
3 Beds
Avg:$393,849Median:$389,000Range:$194,900 – $944,900PSF:$257 / $252Sq Ft:1,551 / 1,530DOM:69 / 38New:8Total:94
4 Beds
Avg:$471,586Median:$409,000Range:$290,000 – $1,195,000PSF:$244 / $246Sq Ft:1,919 / 1,828DOM:60 / 42New:3Total:51
5 Beds
Avg:$499,567Median:$459,900Range:$425,000 – $650,000PSF:$248 / $251Sq Ft:1,906 / 2,000DOM:124 / 70New:1Total:6
6 Beds
Avg:$506,986Median:$499,999Range:$445,000 – $600,000PSF:$379 / $277Sq Ft:1,547 / 1,734DOM:116 / 125New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $272,357 | $223,500 | $55,000 – $999,990 | $225 / $217 | 1,036 / 999 | 65 / 42 | 2 | 21 |
| 3 Beds | $393,849 | $389,000 | $194,900 – $944,900 | $257 / $252 | 1,551 / 1,530 | 69 / 38 | 8 | 94 |
| 4 Beds | $471,586 | $409,000 | $290,000 – $1,195,000 | $244 / $246 | 1,919 / 1,828 | 60 / 42 | 3 | 51 |
| 5 Beds | $499,567 | $459,900 | $425,000 – $650,000 | $248 / $251 | 1,906 / 2,000 | 124 / 70 | 1 | 6 |
| 6 Beds | $506,986 | $499,999 | $445,000 – $600,000 | $379 / $277 | 1,547 / 1,734 | 116 / 125 | 0 | 7 |
Rental Market Overview
Median Rent
$1,200
−3.5%
Median DOM
1
0.0%
New Listings
43
Inventory
241
−11.4%
- Average Rent: $1,410
- Median Rent: $1,200
- Rent Range: $749 – $5,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,008 / 900
- Square Footage Range: 335 – 3,106
- Days on Market (Avg/Median): 31 / 1
- Days on Market Range: 1 – 295
- New Listings: 43
- Total Listings: 241
Rentals by Property Type
Apartment
$1,145
Median DOM: 1
Inventory: 164
MoM: −3.5%
Condo
$1,000
Median DOM: 53
Inventory: 3
MoM: −3.5%
Single Family
$2,000
Median DOM: 40
Inventory: 58
MoM: −3.5%
Townhouse
$1,450
Median DOM: 46
Inventory: 14
MoM: −3.5%
Apartment
Avg/Median Rent$1,161 / $1,145Range$749 – $2,550Rent per Sq Ft$2 / $1Sq Ft793 / 786DOM21 / 1New39Total164
Condo
Avg/Median Rent$1,015 / $1,000Range$850 – $1,195Rent per Sq Ft$2 / $2Sq Ft666 / 600DOM47 / 53New0Total3
Multi-Family
Avg/Median Rent$925 / $850Range$850 – $1,000Rent per Sq Ft$2 / $2Sq Ft575 / 550DOM52 / 26New0Total2
Single Family
Avg/Median Rent$2,121 / $2,000Range$800 – $5,500Rent per Sq Ft$1 / $1Sq Ft1,640 / 1,596DOM51 / 40New4Total58
Townhouse
Avg/Median Rent$1,527 / $1,450Range$1,195 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,138 / 999DOM59 / 46New0Total14
Rentals by Bedroom Count
Studio
Avg:$902Median:$850Range:$749 – $1,265PSF:$2 / $2Sq Ft:506 / 435DOM:14 / 1New:5Total:17
1 Beds
Avg:$1,028Median:$1,010Range:$749 – $1,400PSF:$2 / $2Sq Ft:677 / 660DOM:23 / 1New:10Total:68
2 Beds
Avg:$1,296Median:$1,225Range:$749 – $2,400PSF:$1 / $1Sq Ft:949 / 958DOM:30 / 1New:23Total:96
3 Beds
Avg:$1,954Median:$1,895Range:$981 – $5,000PSF:$1 / $1Sq Ft:1,351 / 1,260DOM:43 / 34New:1Total:36
4 Beds
Avg:$2,492Median:$2,319Range:$1,935 – $5,500PSF:$1 / $1Sq Ft:1,958 / 1,860DOM:51 / 40New:4Total:23
5 Beds
Avg:$2,445Median:$2,445Range:$2,445 – $2,445PSF:$1 / $1Sq Ft:2,429 / 2,429DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $902 | $850 | $749 – $1,265 | $2 / $2 | 506 / 435 | 14 / 1 | 5 | 17 |
| 1 Beds | $1,028 | $1,010 | $749 – $1,400 | $2 / $2 | 677 / 660 | 23 / 1 | 10 | 68 |
| 2 Beds | $1,296 | $1,225 | $749 – $2,400 | $1 / $1 | 949 / 958 | 30 / 1 | 23 | 96 |
| 3 Beds | $1,954 | $1,895 | $981 – $5,000 | $1 / $1 | 1,351 / 1,260 | 43 / 34 | 1 | 36 |
| 4 Beds | $2,492 | $2,319 | $1,935 – $5,500 | $1 / $1 | 1,958 / 1,860 | 51 / 40 | 4 | 23 |
| 5 Beds | $2,445 | $2,445 | $2,445 – $2,445 | $1 / $1 | 2,429 / 2,429 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$389,000Median DOM:29New:50Total:199
Apr 2026
Median Price:$384,500Median DOM:30New:55Total:203
May 2026
Median Price:$389,000Median DOM:32New:41Total:202
Jun 2026
Median Price:$385,000Median DOM:37New:39Total:179
Jul 2026
Median Price:$394,999Median DOM:42New:40Total:178
Aug 2026
Median Price:$394,999Median DOM:42New:14Total:183
6-Month Rental Trend
Mar 2026
Median Rent:$1,295Median DOM:1New:216Total:372
Apr 2026
Median Rent:$1,240Median DOM:1New:224Total:393
May 2026
Median Rent:$1,260Median DOM:1New:197Total:362
Jun 2026
Median Rent:$1,266Median DOM:1New:132Total:323
Jul 2026
Median Rent:$1,243Median DOM:1New:84Total:272
Aug 2026
Median Rent:$1,200Median DOM:1New:43Total:241
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. 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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