ZIP 85032 Housing Market Report
Phoenix Metro
Report period: August 2026
85032 Monthly Market Update – August 2026
ZIP 85032 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$449,000
+2.0%
Median DOM (Sales)
43
+2.4%
New Listings (Sales)
21
−72.4%
Median Rent
$1,699
+2.4%
Median DOM (Rental)
24
+60.0%
Total Rental Listings
405
−12.3%
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 (33 DOM)
- Fastest renting: Apartment (3 DOM)
- Strongest bedroom: 5 Beds ($900,000 median)
Sales Market Overview
Median Price
$449,000
+2.0%
Median DOM
43
+2.4%
New Listings
21
−72.4%
Inventory
373
−1.8%
- Average Price: $474,090
- Median Price: $449,000
- Price Range: $9,900 – $1,999,999
- Price per Sq Ft (Avg/Median): $293 / $304
- Square Footage (Avg/Median): 1,534 / 1,426
- Square Footage Range: 608 – 3,926
- Days on Market (Avg/Median): 76 / 43
- Days on Market Range: 1 – 364
- New Listings: 21
- Total Listings: 373
Sales by Property Type
Condo
Avg/Median Price$230,220 / $219,900Range$95,000 – $459,000Price per Sq Ft$255 / $253Sq Ft893 / 850DOM99 / 87New1Total73
Land
Avg/Median Price$580,780 / $449,000Range$149,900 – $1,250,000Price per Sq Ft—Sq Ft—DOM89 / 43New0Total5
Manufactured
Avg/Median Price$114,759 / $59,000Range$9,900 – $320,000Price per Sq Ft$91 / $65Sq Ft1,099 / 1,024DOM118 / 126New0Total23
Multi-Family
Avg/Median Price$587,375 / $592,000Range$550,000 – $625,000Price per Sq Ft—Sq Ft—DOM65 / 33New0Total8
Single Family
Avg/Median Price$606,829 / $536,000Range$250,000 – $1,999,999Price per Sq Ft$333 / $329Sq Ft1,828 / 1,726DOM62 / 40New19Total231
Townhouse
Avg/Median Price$291,198 / $290,000Range$169,900 – $499,000Price per Sq Ft$244 / $231Sq Ft1,196 / 1,158DOM95 / 82New1Total33
Sales by Bedroom Count
Studio
Avg:$9,900Median:$9,900Range:$9,900 – $9,900PSF:$12 / $12Sq Ft:800 / 800DOM:133 / 133New:0Total:1
1 Beds
Avg:$193,136Median:$200,000Range:$22,000 – $299,000PSF:$243 / $246Sq Ft:795 / 836DOM:96 / 83New:0Total:42
2 Beds
Avg:$256,969Median:$274,900Range:$14,500 – $488,000PSF:$238 / $238Sq Ft:1,065 / 1,038DOM:100 / 82New:1Total:81
3 Beds
Avg:$495,498Median:$479,000Range:$40,000 – $950,000PSF:$317 / $321Sq Ft:1,567 / 1,520DOM:63 / 42New:14Total:154
4 Beds
Avg:$752,190Median:$689,000Range:$410,000 – $1,999,999PSF:$337 / $329Sq Ft:2,200 / 2,111DOM:59 / 37New:5Total:68
5 Beds
Avg:$906,489Median:$900,000Range:$495,000 – $1,525,000PSF:$317 / $296Sq Ft:2,924 / 2,921DOM:97 / 72New:1Total:14
6 Beds
Avg:$775,000Median:$775,000Range:$775,000 – $775,000PSF:$269 / $269Sq Ft:2,881 / 2,881DOM:116 / 116New:0Total:1
7 Beds
Avg:$550,000Median:$550,000Range:$550,000 – $550,000PSF:—Sq Ft:—DOM:30 / 30New:0Total:1
8 Beds
Avg:$587,333Median:$592,000Range:$550,000 – $625,000PSF:—Sq Ft:—DOM:72 / 42New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $9,900 | $9,900 | $9,900 – $9,900 | $12 / $12 | 800 / 800 | 133 / 133 | 0 | 1 |
| 1 Beds | $193,136 | $200,000 | $22,000 – $299,000 | $243 / $246 | 795 / 836 | 96 / 83 | 0 | 42 |
| 2 Beds | $256,969 | $274,900 | $14,500 – $488,000 | $238 / $238 | 1,065 / 1,038 | 100 / 82 | 1 | 81 |
| 3 Beds | $495,498 | $479,000 | $40,000 – $950,000 | $317 / $321 | 1,567 / 1,520 | 63 / 42 | 14 | 154 |
| 4 Beds | $752,190 | $689,000 | $410,000 – $1,999,999 | $337 / $329 | 2,200 / 2,111 | 59 / 37 | 5 | 68 |
| 5 Beds | $906,489 | $900,000 | $495,000 – $1,525,000 | $317 / $296 | 2,924 / 2,921 | 97 / 72 | 1 | 14 |
| 6 Beds | $775,000 | $775,000 | $775,000 – $775,000 | $269 / $269 | 2,881 / 2,881 | 116 / 116 | 0 | 1 |
| 7 Beds | $550,000 | $550,000 | $550,000 – $550,000 | — | — | 30 / 30 | 0 | 1 |
| 8 Beds | $587,333 | $592,000 | $550,000 – $625,000 | — | — | 72 / 42 | 0 | 6 |
Rental Market Overview
Median Rent
$1,699
+2.4%
Median DOM
24
+60.0%
New Listings
51
Inventory
405
−12.3%
- Average Rent: $1,940
- Median Rent: $1,699
- Rent Range: $795 – $8,009
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,160 / 1,001
- Square Footage Range: 320 – 6,354
- Days on Market (Avg/Median): 55 / 24
- Days on Market Range: 1 – 350
- New Listings: 51
- Total Listings: 405
Rentals by Property Type
Apartment
$1,375
Median DOM: 3
Inventory: 216
MoM: +2.4%
Condo
$1,350
Median DOM: 114
Inventory: 11
MoM: +2.4%
Single Family
$2,450
Median DOM: 27
Inventory: 138
MoM: +2.4%
Townhouse
$1,750
Median DOM: 46
Inventory: 39
MoM: +2.4%
Apartment
Avg/Median Rent$1,577 / $1,375Range$799 – $8,009Rent per Sq Ft$2 / $2Sq Ft869 / 850DOM56 / 3New38Total216
Condo
Avg/Median Rent$1,413 / $1,350Range$975 – $2,200Rent per Sq Ft$1 / $1Sq Ft990 / 1,000DOM123 / 114New0Total11
Multi-Family
Avg/Median Rent$1,495 / $1,495Range$1,495 – $1,495Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM35 / 35New0Total1
Single Family
Avg/Median Rent$2,591 / $2,450Range$949 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,614 / 1,522DOM46 / 27New11Total138
Townhouse
Avg/Median Rent$1,809 / $1,750Range$795 – $3,500Rent per Sq Ft$2 / $1Sq Ft1,175 / 1,214DOM60 / 46New2Total39
Rentals by Bedroom Count
Studio
Avg:$1,066Median:$863Range:$799 – $1,600PSF:$2 / $2Sq Ft:473 / 471DOM:87 / 126New:1Total:6
1 Beds
Avg:$1,421Median:$1,300Range:$795 – $3,900PSF:$2 / $2Sq Ft:718 / 710DOM:47 / 1New:24Total:118
2 Beds
Avg:$1,618Median:$1,520Range:$799 – $4,995PSF:$2 / $2Sq Ft:1,034 / 1,000DOM:56 / 22New:17Total:129
3 Beds
Avg:$2,427Median:$2,300Range:$1,074 – $7,500PSF:$2 / $2Sq Ft:1,520 / 1,435DOM:59 / 29New:6Total:106
4 Beds
Avg:$3,037Median:$2,695Range:$1,800 – $8,009PSF:$2 / $2Sq Ft:1,837 / 1,790DOM:58 / 36New:3Total:43
5 Beds
Avg:$5,001Median:$4,995Range:$3,500 – $6,509PSF:$2 / $2Sq Ft:2,632 / 2,841DOM:23 / 12New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,066 | $863 | $799 – $1,600 | $2 / $2 | 473 / 471 | 87 / 126 | 1 | 6 |
| 1 Beds | $1,421 | $1,300 | $795 – $3,900 | $2 / $2 | 718 / 710 | 47 / 1 | 24 | 118 |
| 2 Beds | $1,618 | $1,520 | $799 – $4,995 | $2 / $2 | 1,034 / 1,000 | 56 / 22 | 17 | 129 |
| 3 Beds | $2,427 | $2,300 | $1,074 – $7,500 | $2 / $2 | 1,520 / 1,435 | 59 / 29 | 6 | 106 |
| 4 Beds | $3,037 | $2,695 | $1,800 – $8,009 | $2 / $2 | 1,837 / 1,790 | 58 / 36 | 3 | 43 |
| 5 Beds | $5,001 | $4,995 | $3,500 – $6,509 | $2 / $2 | 2,632 / 2,841 | 23 / 12 | 0 | 3 |
6-Month Sales Trend
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:$440,000Median DOM:42New:76Total:380
Aug 2026
Median Price:$449,000Median DOM:43New:21Total:373
6-Month Rental Trend
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:$1,659Median DOM:15New:118Total:462
Aug 2026
Median Rent:$1,699Median DOM:24New:51Total:405
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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