ZIP 85033 Housing Market Report

Phoenix Metro

Report period: May 2026

85033 Monthly Market Update – May 2026

ZIP 85033 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$349,500
+1.6%
Median DOM (Sales)
31
+6.9%
New Listings (Sales)
10
−75.6%
Median Rent
$1,359
−0.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
345
−3.4%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Land (17 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($485,000 median)

Sales Market Overview

Median Price
$349,500
+1.6%
Median DOM
31
+6.9%
New Listings
10
−75.6%
Inventory
134
−5.6%
  • Average Price: $340,577
  • Median Price: $349,500
  • Price Range: $129,000 – $1,689,715
  • Price per Sq Ft (Avg/Median): $240 / $235
  • Square Footage (Avg/Median): 1,417 / 1,387
  • Square Footage Range: 528 – 3,039
  • Days on Market (Avg/Median): 61 / 31
  • Days on Market Range: 2 – 335
  • New Listings: 10
  • Total Listings: 134

Sales by Property Type

Condo
Avg/Median Price$130,000 / $130,000Range$130,000 – $130,000Price per Sq Ft$209 / $209Sq Ft621 / 621DOM111 / 111New0Total1
Land
Avg/Median Price$1,344,358 / $999,000Range$999,000 – $1,689,715Price per Sq FtSq FtDOM17 / 17New0Total2
Single Family
Avg/Median Price$350,705 / $355,000Range$214,999 – $485,000Price per Sq Ft$244 / $240Sq Ft1,509 / 1,460DOM57 / 27New8Total110
Townhouse
Avg/Median Price$201,953 / $199,999Range$129,000 – $275,000Price per Sq Ft$219 / $216Sq Ft974 / 1,008DOM81 / 82New2Total21

Sales by Bedroom Count

1 Beds
Avg:$147,752Median:$130,000Range:$129,000 – $167,000PSF:$257 / $244Sq Ft:579 / 528DOM:108 / 111New:0Total:4
2 Beds
Avg:$245,963Median:$235,000Range:$174,900 – $330,000PSF:$264 / $280Sq Ft:960 / 920DOM:53 / 31New:3Total:21
3 Beds
Avg:$324,890Median:$339,900Range:$178,000 – $400,000PSF:$249 / $252Sq Ft:1,344 / 1,306DOM:60 / 30New:4Total:55
4 Beds
Avg:$362,433Median:$369,000Range:$249,999 – $450,000PSF:$220 / $224Sq Ft:1,682 / 1,600DOM:64 / 27New:3Total:44
5 Beds
Avg:$413,043Median:$407,400Range:$395,000 – $439,000PSF:$211 / $211Sq Ft:2,030 / 1,897DOM:26 / 18New:0Total:7
8 Beds
Avg:$485,000Median:$485,000Range:$485,000 – $485,000PSF:$197 / $197Sq Ft:2,459 / 2,459DOM:182 / 182New:0Total:1

Rental Market Overview

Median Rent
$1,359
−0.9%
Median DOM
1
0.0%
New Listings
83
Inventory
345
−3.4%
  • Average Rent: $1,448
  • Median Rent: $1,359
  • Rent Range: $750 – $3,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 963 / 924
  • Square Footage Range: 350 – 2,500
  • Days on Market (Avg/Median): 12 / 1
  • Days on Market Range: 1 – 357
  • New Listings: 83
  • Total Listings: 345

Rentals by Property Type

Apartment
$1,320
Median DOM: 1
Inventory: 277
MoM: −0.9%
Condo
$1,634
Median DOM: 285
Inventory: 1
MoM: −0.9%
Single Family
$1,795
Median DOM: 3
Inventory: 60
MoM: −0.9%
Townhouse
$1,250
Median DOM: 31
Inventory: 7
MoM: −0.9%
Apartment
Avg/Median Rent$1,361 / $1,320Range$935 – $1,978Rent per Sq Ft$2 / $2Sq Ft841 / 853DOM7 / 1New77Total277
Condo
Avg/Median Rent$1,634 / $1,634Range$1,634 – $1,634Rent per Sq Ft$1 / $1Sq Ft1,099 / 1,099DOM285 / 285New0Total1
Single Family
Avg/Median Rent$1,868 / $1,795Range$750 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,544 / 1,464DOM30 / 3New5Total60
Townhouse
Avg/Median Rent$1,280 / $1,250Range$1,125 – $1,495Rent per Sq Ft$2 / $2Sq Ft815 / 868DOM44 / 31New1Total7

Rentals by Bedroom Count

Studio
Avg:$1,203Median:$1,229Range:$978 – $1,359PSF:$2 / $2Sq Ft:613 / 691DOM:6 / 1New:9Total:32
1 Beds
Avg:$1,265Median:$1,272Range:$935 – $1,666PSF:$2 / $2Sq Ft:682 / 645DOM:12 / 1New:13Total:62
2 Beds
Avg:$1,384Median:$1,343Range:$999 – $1,978PSF:$2 / $2Sq Ft:907 / 950DOM:7 / 1New:50Total:169
3 Beds
Avg:$1,672Median:$1,700Range:$1,245 – $2,165PSF:$1 / $1Sq Ft:1,203 / 1,150DOM:17 / 1New:9Total:54
4 Beds
Avg:$2,036Median:$2,069Range:$750 – $3,500PSF:$1 / $1Sq Ft:1,838 / 1,718DOM:39 / 2New:2Total:22
5 Beds
Avg:$2,531Median:$2,450Range:$1,725 – $3,250PSF:$1 / $1Sq Ft:1,946 / 2,038DOM:50 / 53New:0Total:4
6 Beds
Avg:$800Median:$800Range:$800 – $800PSF:$0 / $0Sq Ft:2,000 / 2,000DOM:19 / 19New:0Total:1
7 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:$2 / $2Sq Ft:1,920 / 1,920DOM:136 / 136New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$340,000Median DOM:54New:20Total:124
Jan 2026
Median Price:$340,000Median DOM:43New:41Total:137
Feb 2026
Median Price:$335,000Median DOM:29New:38Total:141
Mar 2026
Median Price:$340,000Median DOM:30New:30Total:148
Apr 2026
Median Price:$344,000Median DOM:29New:41Total:142
May 2026
Median Price:$349,500Median DOM:31New:10Total:134

6-Month Rental Trend

Dec 2025
Median Rent:$1,645Median DOM:27New:25Total:63
Jan 2026
Median Rent:$1,599Median DOM:20New:36Total:91
Feb 2026
Median Rent:$1,397Median DOM:1New:158Total:236
Mar 2026
Median Rent:$1,395Median DOM:1New:212Total:344
Apr 2026
Median Rent:$1,372Median DOM:1New:209Total:357
May 2026
Median Rent:$1,359Median DOM:1New:83Total:345

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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