ZIP 85034 Housing Market Report
Phoenix Metro
Report period: May 2026
85034 Monthly Market Update – May 2026
ZIP 85034 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$374,900
0.0%
Median DOM (Sales)
76
−7.3%
New Listings (Sales)
1
−75.0%
Median Rent
$1,325
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
161
−2.4%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($699,000 median)
Sales Market Overview
Median Price
$374,900
0.0%
Median DOM
76
−7.3%
New Listings
1
−75.0%
Inventory
22
0.0%
- Average Price: $557,973
- Median Price: $374,900
- Price Range: $160,000 – $1,590,000
- Price per Sq Ft (Avg/Median): $344 / $295
- Square Footage (Avg/Median): 1,682 / 1,204
- Square Footage Range: 689 – 4,791
- Days on Market (Avg/Median): 80 / 76
- Days on Market Range: 6 – 193
- New Listings: 1
- Total Listings: 22
Sales by Property Type
Condo
Avg/Median Price$333,500 / $290,000Range$284,000 – $399,999Price per Sq Ft$304 / $295Sq Ft1,097 / 963DOM68 / 25New0Total4
Land
Avg/Median Price$596,667 / $350,000Range$250,000 – $1,190,000Price per Sq Ft—Sq Ft—DOM134 / 113New0Total3
Multi-Family
Avg/Median Price$1,016,167 / $699,000Range$685,000 – $1,590,000Price per Sq Ft$599 / $327Sq Ft2,747 / 2,135DOM78 / 76New0Total6
Single Family
Avg/Median Price$253,280 / $216,600Range$160,000 – $374,900Price per Sq Ft$209 / $232Sq Ft1,420 / 994DOM43 / 32New1Total5
Townhouse
Avg/Median Price$447,000 / $440,000Range$330,000 – $540,000Price per Sq Ft$298 / $285Sq Ft1,530 / 1,204DOM100 / 105New0Total4
Sales by Bedroom Count
1 Beds
Avg:$927,500Median:$330,000Range:$330,000 – $1,525,000PSF:$860 / $285Sq Ft:1,110 / 1,062DOM:157 / 139New:0Total:2
2 Beds
Avg:$344,571Median:$360,000Range:$160,000 – $478,000PSF:$295 / $295Sq Ft:1,166 / 1,204DOM:66 / 32New:0Total:7
3 Beds
Avg:$377,167Median:$374,900Range:$216,600 – $540,000PSF:$276 / $288Sq Ft:1,343 / 1,232DOM:83 / 105New:0Total:3
4 Beds
Avg:$528,225Median:$349,900Range:$165,000 – $899,000PSF:$191 / $166Sq Ft:2,420 / 3,000DOM:52 / 32New:1Total:4
5 Beds
Avg:$1,144,500Median:$699,000Range:$699,000 – $1,590,000PSF:$330 / $327Sq Ft:3,463 / 2,135DOM:28 / 28New:0Total:2
8 Beds
Avg:$685,000Median:$685,000Range:$685,000 – $685,000PSF:—Sq Ft:—DOM:15 / 15New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $927,500 | $330,000 | $330,000 – $1,525,000 | $860 / $285 | 1,110 / 1,062 | 157 / 139 | 0 | 2 |
| 2 Beds | $344,571 | $360,000 | $160,000 – $478,000 | $295 / $295 | 1,166 / 1,204 | 66 / 32 | 0 | 7 |
| 3 Beds | $377,167 | $374,900 | $216,600 – $540,000 | $276 / $288 | 1,343 / 1,232 | 83 / 105 | 0 | 3 |
| 4 Beds | $528,225 | $349,900 | $165,000 – $899,000 | $191 / $166 | 2,420 / 3,000 | 52 / 32 | 1 | 4 |
| 5 Beds | $1,144,500 | $699,000 | $699,000 – $1,590,000 | $330 / $327 | 3,463 / 2,135 | 28 / 28 | 0 | 2 |
| 8 Beds | $685,000 | $685,000 | $685,000 – $685,000 | — | — | 15 / 15 | 0 | 1 |
Rental Market Overview
Median Rent
$1,325
+0.1%
Median DOM
1
0.0%
New Listings
63
Inventory
161
−2.4%
- Average Rent: $1,509
- Median Rent: $1,325
- Rent Range: $799 – $7,773
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 839 / 753
- Square Footage Range: 321 – 3,507
- Days on Market (Avg/Median): 18 / 1
- Days on Market Range: 1 – 354
- New Listings: 63
- Total Listings: 161
Rentals by Property Type
Apartment
$1,324
Median DOM: 1
Inventory: 142
MoM: +0.1%
Condo
$1,400
Median DOM: 15
Inventory: 3
MoM: +0.1%
Single Family
$1,195
Median DOM: 4
Inventory: 12
MoM: +0.1%
Townhouse
$1,550
Median DOM: 142
Inventory: 4
MoM: +0.1%
Apartment
Avg/Median Rent$1,502 / $1,324Range$841 – $7,773Rent per Sq Ft$2 / $2Sq Ft802 / 749DOM15 / 1New57Total142
Condo
Avg/Median Rent$1,300 / $1,400Range$800 – $1,700Rent per Sq Ft$2 / $2Sq Ft715 / 705DOM10 / 15New1Total3
Single Family
Avg/Median Rent$1,562 / $1,195Range$799 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,126 / 769DOM18 / 4New4Total12
Townhouse
Avg/Median Rent$1,762 / $1,550Range$1,500 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,391 / 1,062DOM137 / 142New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,190Median:$1,221Range:$800 – $1,385PSF:$2 / $2Sq Ft:573 / 589DOM:39 / 1New:9Total:31
1 Beds
Avg:$1,303Median:$1,305Range:$799 – $1,676PSF:$2 / $2Sq Ft:742 / 715DOM:9 / 1New:29Total:66
2 Beds
Avg:$1,767Median:$1,680Range:$1,195 – $4,200PSF:$2 / $2Sq Ft:1,000 / 930DOM:15 / 1New:22Total:51
3 Beds
Avg:$2,306Median:$1,700Range:$1,100 – $7,773PSF:$1 / $1Sq Ft:1,382 / 1,206DOM:28 / 4New:3Total:13
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,190 | $1,221 | $800 – $1,385 | $2 / $2 | 573 / 589 | 39 / 1 | 9 | 31 |
| 1 Beds | $1,303 | $1,305 | $799 – $1,676 | $2 / $2 | 742 / 715 | 9 / 1 | 29 | 66 |
| 2 Beds | $1,767 | $1,680 | $1,195 – $4,200 | $2 / $2 | 1,000 / 930 | 15 / 1 | 22 | 51 |
| 3 Beds | $2,306 | $1,700 | $1,100 – $7,773 | $1 / $1 | 1,382 / 1,206 | 28 / 4 | 3 | 13 |
6-Month Sales Trend
Dec 2025
Median Price:$399,990Median DOM:51New:2Total:25
Jan 2026
Median Price:$399,990Median DOM:52New:5Total:25
Feb 2026
Median Price:$410,000Median DOM:98New:3Total:24
Mar 2026
Median Price:$410,000Median DOM:88New:4Total:25
Apr 2026
Median Price:$374,900Median DOM:82New:4Total:22
May 2026
Median Price:$374,900Median DOM:76New:1Total:22
6-Month Rental Trend
Dec 2025
Median Rent:$1,395Median DOM:57New:9Total:37
Jan 2026
Median Rent:$1,365Median DOM:42New:10Total:38
Feb 2026
Median Rent:$1,405Median DOM:1New:85Total:109
Mar 2026
Median Rent:$1,375Median DOM:1New:106Total:164
Apr 2026
Median Rent:$1,324Median DOM:1New:110Total:165
May 2026
Median Rent:$1,325Median DOM:1New:63Total:161
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market declined, signaling improving 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.
850038500485006850078500885009850128501385014850158501685017850188502085021850228502385024850278502885029850318503285033850348503585037850408504185042+11 more
← Back to Phoenix Metro