ZIP 85032 Housing Market Report

Phoenix Metro

Report period: July 2026

85032 Monthly Market Update – July 2026

ZIP 85032 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$435,000
+0.7%
Median DOM (Sales)
40
+2.6%
New Listings (Sales)
23
−68.9%
Median Rent
$1,570
+0.8%
Median DOM (Rental)
10
+25.0%
Total Rental Listings
516
−3.9%

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: Multi-Family (35 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($900,000 median)

Sales Market Overview

Median Price
$435,000
+0.7%
Median DOM
40
+2.6%
New Listings
23
−68.9%
Inventory
381
−1.0%
  • Average Price: $469,064
  • Median Price: $435,000
  • Price Range: $9,900 – $1,999,999
  • Price per Sq Ft (Avg/Median): $294 / $303
  • Square Footage (Avg/Median): 1,507 / 1,404
  • Square Footage Range: 608 – 4,270
  • Days on Market (Avg/Median): 70 / 40
  • Days on Market Range: 1 – 358
  • New Listings: 23
  • Total Listings: 381

Sales by Property Type

Condo
Avg/Median Price$227,416 / $215,000Range$95,000 – $425,000Price per Sq Ft$255 / $253Sq Ft886 / 850DOM93 / 84New2Total78
Land
Avg/Median Price$600,986 / $449,000Range$149,900 – $1,250,000Price per Sq FtSq FtDOM73 / 36New0Total7
Manufactured
Avg/Median Price$138,709 / $69,650Range$9,900 – $350,000Price per Sq Ft$110 / $80Sq Ft1,121 / 1,056DOM104 / 109New1Total28
Multi-Family
Avg/Median Price$591,483 / $598,000Range$499,900 – $625,000Price per Sq FtSq FtDOM51 / 35New1Total6
Single Family
Avg/Median Price$612,299 / $539,000Range$250,000 – $1,999,999Price per Sq Ft$338 / $334Sq Ft1,814 / 1,720DOM55 / 38New19Total228
Townhouse
Avg/Median Price$286,210 / $295,600Range$130,000 – $460,000Price per Sq Ft$241 / $225Sq Ft1,193 / 1,189DOM94 / 86New0Total34

Sales by Bedroom Count

Studio
Avg:$9,900Median:$9,900Range:$9,900 – $9,900PSF:$12 / $12Sq Ft:800 / 800DOM:103 / 103New:0Total:1
1 Beds
Avg:$198,396Median:$200,000Range:$22,000 – $299,000PSF:$247 / $251Sq Ft:800 / 850DOM:91 / 84New:1Total:46
2 Beds
Avg:$258,062Median:$282,050Range:$14,500 – $498,000PSF:$238 / $245Sq Ft:1,071 / 1,038DOM:91 / 82New:2Total:89
3 Beds
Avg:$507,780Median:$495,000Range:$40,000 – $950,000PSF:$319 / $326Sq Ft:1,589 / 1,557DOM:55 / 38New:13Total:158
4 Beds
Avg:$764,753Median:$699,000Range:$339,800 – $1,999,999PSF:$342 / $329Sq Ft:2,203 / 2,065DOM:55 / 38New:5Total:61
5 Beds
Avg:$927,162Median:$900,000Range:$499,000 – $1,550,000PSF:$342 / $315Sq Ft:2,828 / 2,891DOM:111 / 104New:1Total:12
6 Beds
Avg:$737,000Median:$699,000Range:$699,000 – $775,000PSF:$290 / $269Sq Ft:2,562 / 2,244DOM:83 / 79New:0Total:2
8 Beds
Avg:$584,780Median:$598,000Range:$499,900 – $625,000PSF:Sq Ft:DOM:51 / 35New:1Total:5

Rental Market Overview

Median Rent
$1,570
+0.8%
Median DOM
10
+25.0%
New Listings
50
Inventory
516
−3.9%
  • Average Rent: $1,825
  • Median Rent: $1,570
  • Rent Range: $770 – $7,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,096 / 976
  • Square Footage Range: 320 – 5,301
  • Days on Market (Avg/Median): 43 / 10
  • Days on Market Range: 1 – 356
  • New Listings: 50
  • Total Listings: 516

Rentals by Property Type

Apartment
$1,396
Median DOM: 1
Inventory: 299
MoM: +0.8%
Condo
$1,600
Median DOM: 53
Inventory: 19
MoM: +0.8%
Single Family
$2,430
Median DOM: 26
Inventory: 152
MoM: +0.8%
Townhouse
$1,700
Median DOM: 38
Inventory: 44
MoM: +0.8%
Apartment
Avg/Median Rent$1,496 / $1,396Range$770 – $6,509Rent per Sq Ft$2 / $2Sq Ft854 / 810DOM41 / 1New30Total299
Condo
Avg/Median Rent$1,650 / $1,600Range$975 – $2,644Rent per Sq Ft$2 / $2Sq Ft973 / 979DOM61 / 53New0Total19
Multi-Family
Avg/Median Rent$1,498 / $1,495Range$1,495 – $1,500Rent per Sq Ft$2 / $2Sq Ft950 / 900DOM37 / 5New1Total2
Single Family
Avg/Median Rent$2,519 / $2,430Range$799 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,562 / 1,496DOM41 / 26New16Total152
Townhouse
Avg/Median Rent$1,755 / $1,700Range$795 – $3,500Rent per Sq Ft$2 / $1Sq Ft1,169 / 1,196DOM64 / 38New3Total44

Rentals by Bedroom Count

Studio
Avg:$1,056Median:$924Range:$770 – $1,600PSF:$2 / $3Sq Ft:458 / 450DOM:50 / 31New:1Total:9
1 Beds
Avg:$1,373Median:$1,323Range:$795 – $3,900PSF:$2 / $2Sq Ft:716 / 710DOM:34 / 1New:13Total:165
2 Beds
Avg:$1,569Median:$1,495Range:$799 – $3,800PSF:$2 / $2Sq Ft:1,004 / 980DOM:46 / 5New:21Total:178
3 Beds
Avg:$2,398Median:$2,295Range:$1,074 – $7,500PSF:$2 / $2Sq Ft:1,488 / 1,468DOM:51 / 34New:11Total:124
4 Beds
Avg:$3,120Median:$2,843Range:$1,945 – $7,000PSF:$2 / $2Sq Ft:1,965 / 1,827DOM:47 / 24New:4Total:38
5 Beds
Avg:$5,204Median:$3,900Range:$3,900 – $6,509PSF:$2 / $2Sq Ft:2,473 / 2,105DOM:14 / 10New:0Total:2

6-Month Sales Trend

Feb 2026
Median Price:$420,000Median DOM:29New:68Total:333
Mar 2026
Median Price:$419,000Median DOM:30New:112Total:378
Apr 2026
Median Price:$425,000Median DOM:30New:109Total:403
May 2026
Median Price:$430,000Median DOM:34New:91Total:412
Jun 2026
Median Price:$432,000Median DOM:39New:74Total:385
Jul 2026
Median Price:$435,000Median DOM:40New:23Total:381

6-Month Rental Trend

Feb 2026
Median Rent:$1,628Median DOM:14New:192Total:414
Mar 2026
Median Rent:$1,622Median DOM:2New:226Total:515
Apr 2026
Median Rent:$1,575Median DOM:4New:239Total:559
May 2026
Median Rent:$1,564Median DOM:4New:236Total:576
Jun 2026
Median Rent:$1,558Median DOM:8New:167Total:537
Jul 2026
Median Rent:$1,570Median DOM:10New:50Total:516

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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