ZIP 85034 Housing Market Report
Phoenix Metro
Report period: August 2026
85034 Monthly Market Update – August 2026
ZIP 85034 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$395,000
0.0%
Median DOM (Sales)
83
+13.7%
New Listings (Sales)
0
−100.0%
Median Rent
$1,464
+1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
105
−17.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (42 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 1 Beds ($950,000 median)
Sales Market Overview
Median Price
$395,000
0.0%
Median DOM
83
+13.7%
New Listings
0
−100.0%
Inventory
30
−6.3%
- Average Price: $530,180
- Median Price: $395,000
- Price Range: $5,000 – $1,600,000
- Price per Sq Ft (Avg/Median): $292 / $286
- Square Footage (Avg/Median): 1,669 / 1,630
- Square Footage Range: 689 – 4,791
- Days on Market (Avg/Median): 97 / 83
- Days on Market Range: 16 – 265
- New Listings: 0
- Total Listings: 30
Sales by Property Type
Condo
Avg/Median Price$326,250 / $290,000Range$255,000 – $399,999Price per Sq Ft$296 / $286Sq Ft1,097 / 963DOM152 / 115New0Total4
Land
Avg/Median Price$490,378 / $250,000Range$5,000 – $1,539,000Price per Sq Ft—Sq Ft—DOM106 / 44New0Total9
Multi-Family
Avg/Median Price$810,833 / $699,000Range$659,000 – $999,000Price per Sq Ft$409 / $300Sq Ft2,462 / 1,924DOM73 / 42New0Total6
Single Family
Avg/Median Price$514,667 / $240,000Range$120,000 – $1,600,000Price per Sq Ft$263 / $204Sq Ft1,805 / 921DOM88 / 83New0Total6
Townhouse
Avg/Median Price$446,800 / $440,000Range$395,000 – $525,000Price per Sq Ft$277 / $261Sq Ft1,644 / 1,630DOM75 / 43New0Total5
Sales by Bedroom Count
1 Beds
Avg:$950,000Median:$950,000Range:$950,000 – $950,000PSF:—Sq Ft:—DOM:34 / 34New:0Total:1
2 Beds
Avg:$333,082Median:$360,000Range:$120,000 – $449,000PSF:$273 / $265Sq Ft:1,259 / 1,204DOM:110 / 114New:0Total:11
3 Beds
Avg:$356,550Median:$188,100Range:$188,100 – $525,000PSF:$242 / $204Sq Ft:1,398 / 921DOM:97 / 42New:0Total:2
4 Beds
Avg:$783,000Median:$699,000Range:$659,000 – $999,000PSF:$409 / $300Sq Ft:2,462 / 1,924DOM:81 / 43New:0Total:5
5 Beds
Avg:$1,125,000Median:$650,000Range:$650,000 – $1,600,000PSF:$329 / $325Sq Ft:3,396 / 2,000DOM:21 / 21New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $950,000 | $950,000 | $950,000 – $950,000 | — | — | 34 / 34 | 0 | 1 |
| 2 Beds | $333,082 | $360,000 | $120,000 – $449,000 | $273 / $265 | 1,259 / 1,204 | 110 / 114 | 0 | 11 |
| 3 Beds | $356,550 | $188,100 | $188,100 – $525,000 | $242 / $204 | 1,398 / 921 | 97 / 42 | 0 | 2 |
| 4 Beds | $783,000 | $699,000 | $659,000 – $999,000 | $409 / $300 | 2,462 / 1,924 | 81 / 43 | 0 | 5 |
| 5 Beds | $1,125,000 | $650,000 | $650,000 – $1,600,000 | $329 / $325 | 3,396 / 2,000 | 21 / 21 | 0 | 2 |
Rental Market Overview
Median Rent
$1,464
+1.5%
Median DOM
1
0.0%
New Listings
31
Inventory
105
−17.3%
- Average Rent: $1,543
- Median Rent: $1,464
- Rent Range: $841 – $6,605
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 835 / 811
- Square Footage Range: 275 – 1,880
- Days on Market (Avg/Median): 29 / 1
- Days on Market Range: 1 – 351
- New Listings: 31
- Total Listings: 105
Rentals by Property Type
Apartment
$1,444
Median DOM: 1
Inventory: 95
MoM: +1.5%
Condo
$875
Median DOM: 105
Inventory: 2
MoM: +1.5%
Single Family
$1,999
Median DOM: 72
Inventory: 6
MoM: +1.5%
Townhouse
$1,895
Median DOM: 12
Inventory: 2
MoM: +1.5%
Apartment
Avg/Median Rent$1,518 / $1,444Range$841 – $6,605Rent per Sq Ft$2 / $2Sq Ft813 / 811DOM24 / 1New31Total95
Condo
Avg/Median Rent$1,238 / $875Range$875 – $1,600Rent per Sq Ft$2 / $2Sq Ft720 / 400DOM105 / 105New0Total2
Single Family
Avg/Median Rent$1,813 / $1,999Range$890 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,004 / 1,035DOM81 / 72New0Total6
Townhouse
Avg/Median Rent$2,198 / $1,895Range$1,895 – $2,500Rent per Sq Ft$2 / $1Sq Ft1,478 / 1,076DOM37 / 12New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,184Median:$1,254Range:$850 – $1,695PSF:$2 / $2Sq Ft:543 / 558DOM:60 / 1New:4Total:16
1 Beds
Avg:$1,339Median:$1,380Range:$841 – $1,730PSF:$2 / $2Sq Ft:738 / 739DOM:19 / 1New:15Total:45
2 Beds
Avg:$1,684Median:$1,695Range:$1,095 – $2,500PSF:$2 / $2Sq Ft:1,006 / 955DOM:19 / 1New:9Total:34
3 Beds
Avg:$2,669Median:$1,899Range:$1,600 – $6,605PSF:$2 / $2Sq Ft:1,144 / 1,100DOM:63 / 2New:3Total:8
4 Beds
Avg:$2,098Median:$1,695Range:$1,695 – $2,500PSF:$2 / $1Sq Ft:1,364 / 1,200DOM:48 / 35New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,184 | $1,254 | $850 – $1,695 | $2 / $2 | 543 / 558 | 60 / 1 | 4 | 16 |
| 1 Beds | $1,339 | $1,380 | $841 – $1,730 | $2 / $2 | 738 / 739 | 19 / 1 | 15 | 45 |
| 2 Beds | $1,684 | $1,695 | $1,095 – $2,500 | $2 / $2 | 1,006 / 955 | 19 / 1 | 9 | 34 |
| 3 Beds | $2,669 | $1,899 | $1,600 – $6,605 | $2 / $2 | 1,144 / 1,100 | 63 / 2 | 3 | 8 |
| 4 Beds | $2,098 | $1,695 | $1,695 – $2,500 | $2 / $1 | 1,364 / 1,200 | 48 / 35 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$410,000Median DOM:88New:4Total:25
Apr 2026
Median Price:$374,900Median DOM:82New:4Total:22
May 2026
Median Price:$360,000Median DOM:81New:5Total:24
Jun 2026
Median Price:$395,000Median DOM:39New:11Total:33
Jul 2026
Median Price:$395,000Median DOM:73New:2Total:32
Aug 2026
Median Price:$395,000Median DOM:83New:0Total:30
6-Month Rental Trend
Mar 2026
Median Rent:$1,375Median DOM:1New:106Total:164
Apr 2026
Median Rent:$1,324Median DOM:1New:110Total:165
May 2026
Median Rent:$1,360Median DOM:1New:112Total:182
Jun 2026
Median Rent:$1,422Median DOM:1New:87Total:164
Jul 2026
Median Rent:$1,442Median DOM:1New:46Total:127
Aug 2026
Median Rent:$1,464Median DOM:1New:31Total:105
Key Market Takeaways
Median sale prices held steady 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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