ZIP 85031 Housing Market Report
Phoenix Metro
Report period: July 2026
85031 Monthly Market Update – July 2026
ZIP 85031 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$216,597
+3.6%
Median DOM (Sales)
39
+5.4%
New Listings (Sales)
5
−58.3%
Median Rent
$1,210
−0.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
144
−11.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (27 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($419,900 median)
Sales Market Overview
Median Price
$216,597
+3.6%
Median DOM
39
+5.4%
New Listings
5
−58.3%
Inventory
85
−4.5%
- Average Price: $206,255
- Median Price: $216,597
- Price Range: $10,000 – $419,900
- Price per Sq Ft (Avg/Median): $186 / $196
- Square Footage (Avg/Median): 1,310 / 1,313
- Square Footage Range: 580 – 2,171
- Days on Market (Avg/Median): 88 / 39
- Days on Market Range: 2 – 352
- New Listings: 5
- Total Listings: 85
Sales by Property Type
Condo
Avg/Median Price$123,760 / $139,900Range$85,000 – $169,000Price per Sq Ft$146 / $149Sq Ft830 / 936DOM46 / 27New0Total5
Manufactured
Avg/Median Price$27,065 / $20,000Range$10,000 – $60,000Price per Sq Ft$53 / $70Sq Ft717 / 632DOM131 / 120New1Total29
Single Family
Avg/Median Price$350,893 / $350,000Range$297,000 – $419,900Price per Sq Ft$232 / $220Sq Ft1,557 / 1,563DOM74 / 37New4Total42
Townhouse
Avg/Median Price$154,500 / $144,900Range$90,000 – $216,597Price per Sq Ft$144 / $155Sq Ft1,083 / 1,159DOM66 / 42New0Total9
Sales by Bedroom Count
1 Beds
Avg:$43,000Median:$15,000Range:$15,000 – $85,000PSF:$75 / $26Sq Ft:646 / 660DOM:54 / 39New:0Total:5
2 Beds
Avg:$57,866Median:$44,000Range:$10,000 – $209,000PSF:$107 / $79Sq Ft:855 / 900DOM:120 / 74New:0Total:33
3 Beds
Avg:$289,768Median:$316,000Range:$25,000 – $395,000PSF:$224 / $219Sq Ft:1,380 / 1,305DOM:71 / 33New:4Total:22
4 Beds
Avg:$352,733Median:$350,000Range:$304,900 – $405,000PSF:$224 / $215Sq Ft:1,595 / 1,576DOM:60 / 36New:1Total:21
5 Beds
Avg:$401,633Median:$415,000Range:$370,000 – $419,900PSF:$204 / $200Sq Ft:1,984 / 2,100DOM:189 / 119New:0Total:3
6 Beds
Avg:$419,900Median:$419,900Range:$419,900 – $419,900PSF:$239 / $239Sq Ft:1,759 / 1,759DOM:27 / 27New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $43,000 | $15,000 | $15,000 – $85,000 | $75 / $26 | 646 / 660 | 54 / 39 | 0 | 5 |
| 2 Beds | $57,866 | $44,000 | $10,000 – $209,000 | $107 / $79 | 855 / 900 | 120 / 74 | 0 | 33 |
| 3 Beds | $289,768 | $316,000 | $25,000 – $395,000 | $224 / $219 | 1,380 / 1,305 | 71 / 33 | 4 | 22 |
| 4 Beds | $352,733 | $350,000 | $304,900 – $405,000 | $224 / $215 | 1,595 / 1,576 | 60 / 36 | 1 | 21 |
| 5 Beds | $401,633 | $415,000 | $370,000 – $419,900 | $204 / $200 | 1,984 / 2,100 | 189 / 119 | 0 | 3 |
| 6 Beds | $419,900 | $419,900 | $419,900 – $419,900 | $239 / $239 | 1,759 / 1,759 | 27 / 27 | 0 | 1 |
Rental Market Overview
Median Rent
$1,210
−0.8%
Median DOM
1
0.0%
New Listings
6
Inventory
144
−11.1%
- Average Rent: $1,257
- Median Rent: $1,210
- Rent Range: $689 – $2,400
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 911 / 936
- Square Footage Range: 335 – 5,262
- Days on Market (Avg/Median): 23 / 1
- Days on Market Range: 1 – 339
- New Listings: 6
- Total Listings: 144
Rentals by Property Type
Apartment
$1,190
Median DOM: 1
Inventory: 111
MoM: −0.8%
Condo
$895
Median DOM: 1
Inventory: 2
MoM: −0.8%
Single Family
$1,670
Median DOM: 46
Inventory: 22
MoM: −0.8%
Townhouse
$1,195
Median DOM: 24
Inventory: 3
MoM: −0.8%
Apartment
Avg/Median Rent$1,163 / $1,190Range$689 – $1,661Rent per Sq Ft$2 / $1Sq Ft805 / 936DOM7 / 1New4Total111
Condo
Avg/Median Rent$985 / $895Range$895 – $1,075Rent per Sq Ft$1 / $1Sq Ft670 / 650DOM45 / 1New0Total2
Manufactured
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft632 / 632DOM142 / 153New0Total6
Single Family
Avg/Median Rent$1,714 / $1,670Range$790 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,324 / 1,300DOM70 / 46New1Total22
Townhouse
Avg/Median Rent$1,295 / $1,195Range$1,090 – $1,600Rent per Sq Ft$1 / $1Sq Ft2,495 / 1,243DOM42 / 24New1Total3
Rentals by Bedroom Count
Studio
Avg:$915Median:$779Range:$689 – $2,195PSF:$2 / $2Sq Ft:542 / 335DOM:39 / 1New:0Total:9
1 Beds
Avg:$1,018Median:$1,015Range:$790 – $1,200PSF:$2 / $2Sq Ft:646 / 675DOM:11 / 1New:0Total:37
2 Beds
Avg:$1,252Median:$1,265Range:$950 – $1,450PSF:$1 / $1Sq Ft:933 / 936DOM:26 / 1New:3Total:73
3 Beds
Avg:$1,651Median:$1,620Range:$1,461 – $2,100PSF:$1 / $1Sq Ft:1,227 / 1,053DOM:27 / 1New:3Total:19
4 Beds
Avg:$2,112Median:$2,030Range:$1,905 – $2,400PSF:$1 / $1Sq Ft:1,743 / 1,722DOM:35 / 35New:0Total:3
5 Beds
Avg:$2,120Median:$1,995Range:$1,995 – $2,245PSF:$1 / $1Sq Ft:1,730 / 1,680DOM:1 / 1New:0Total:2
6 Beds
Avg:$1,795Median:$1,795Range:$1,795 – $1,795PSF:$1 / $1Sq Ft:2,252 / 2,252DOM:10 / 10New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $915 | $779 | $689 – $2,195 | $2 / $2 | 542 / 335 | 39 / 1 | 0 | 9 |
| 1 Beds | $1,018 | $1,015 | $790 – $1,200 | $2 / $2 | 646 / 675 | 11 / 1 | 0 | 37 |
| 2 Beds | $1,252 | $1,265 | $950 – $1,450 | $1 / $1 | 933 / 936 | 26 / 1 | 3 | 73 |
| 3 Beds | $1,651 | $1,620 | $1,461 – $2,100 | $1 / $1 | 1,227 / 1,053 | 27 / 1 | 3 | 19 |
| 4 Beds | $2,112 | $2,030 | $1,905 – $2,400 | $1 / $1 | 1,743 / 1,722 | 35 / 35 | 0 | 3 |
| 5 Beds | $2,120 | $1,995 | $1,995 – $2,245 | $1 / $1 | 1,730 / 1,680 | 1 / 1 | 0 | 2 |
| 6 Beds | $1,795 | $1,795 | $1,795 – $1,795 | $1 / $1 | 2,252 / 2,252 | 10 / 10 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$309,900Median DOM:36New:19Total:96
Mar 2026
Median Price:$315,000Median DOM:69New:15Total:96
Apr 2026
Median Price:$320,000Median DOM:33New:19Total:89
May 2026
Median Price:$269,000Median DOM:29New:27Total:93
Jun 2026
Median Price:$209,000Median DOM:37New:12Total:89
Jul 2026
Median Price:$216,597Median DOM:39New:5Total:85
6-Month Rental Trend
Feb 2026
Median Rent:$1,314Median DOM:1New:91Total:118
Mar 2026
Median Rent:$1,296Median DOM:1New:122Total:166
Apr 2026
Median Rent:$1,294Median DOM:1New:111Total:193
May 2026
Median Rent:$1,260Median DOM:1New:111Total:185
Jun 2026
Median Rent:$1,220Median DOM:1New:65Total:162
Jul 2026
Median Rent:$1,210Median DOM:1New:6Total:144
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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