ZIP 85035 Housing Market Report
Phoenix Metro
Report period: May 2026
85035 Monthly Market Update – May 2026
ZIP 85035 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$345,000
+1.5%
Median DOM (Sales)
27
−6.9%
New Listings (Sales)
23
−34.3%
Median Rent
$1,275
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
338
−5.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($385,000 median)
Sales Market Overview
Median Price
$345,000
+1.5%
Median DOM
27
−6.9%
New Listings
23
−34.3%
Inventory
101
+1.0%
- Average Price: $356,682
- Median Price: $345,000
- Price Range: $115,000 – $530,590
- Price per Sq Ft (Avg/Median): $230 / $229
- Square Footage (Avg/Median): 1,586 / 1,537
- Square Footage Range: 700 – 2,816
- Days on Market (Avg/Median): 57 / 27
- Days on Market Range: 2 – 332
- New Listings: 23
- Total Listings: 101
Sales by Property Type
Single Family
Avg/Median Price$366,483 / $350,000Range$209,880 – $530,590Price per Sq Ft$232 / $232Sq Ft1,619 / 1,555DOM52 / 25New22Total91
Townhouse
Avg/Median Price$267,500 / $298,000Range$115,000 – $328,000Price per Sq Ft$212 / $211Sq Ft1,283 / 1,383DOM98 / 35New1Total10
Sales by Bedroom Count
1 Beds
Avg:$137,000Median:$115,000Range:$115,000 – $159,000PSF:$194 / $163Sq Ft:705 / 705DOM:169 / 105New:0Total:2
2 Beds
Avg:$279,800Median:$289,900Range:$200,000 – $319,000PSF:$252 / $231Sq Ft:1,150 / 1,284DOM:64 / 33New:0Total:6
3 Beds
Avg:$344,029Median:$335,000Range:$209,880 – $479,995PSF:$236 / $233Sq Ft:1,491 / 1,476DOM:63 / 28New:9Total:55
4 Beds
Avg:$397,743Median:$375,000Range:$285,000 – $530,590PSF:$222 / $228Sq Ft:1,813 / 1,768DOM:43 / 18New:13Total:33
5 Beds
Avg:$405,000Median:$385,000Range:$350,000 – $499,000PSF:$205 / $202Sq Ft:2,008 / 1,862DOM:32 / 4New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $137,000 | $115,000 | $115,000 – $159,000 | $194 / $163 | 705 / 705 | 169 / 105 | 0 | 2 |
| 2 Beds | $279,800 | $289,900 | $200,000 – $319,000 | $252 / $231 | 1,150 / 1,284 | 64 / 33 | 0 | 6 |
| 3 Beds | $344,029 | $335,000 | $209,880 – $479,995 | $236 / $233 | 1,491 / 1,476 | 63 / 28 | 9 | 55 |
| 4 Beds | $397,743 | $375,000 | $285,000 – $530,590 | $222 / $228 | 1,813 / 1,768 | 43 / 18 | 13 | 33 |
| 5 Beds | $405,000 | $385,000 | $350,000 – $499,000 | $205 / $202 | 2,008 / 1,862 | 32 / 4 | 1 | 5 |
Rental Market Overview
Median Rent
$1,275
+0.3%
Median DOM
1
0.0%
New Listings
106
Inventory
338
−5.1%
- Average Rent: $1,321
- Median Rent: $1,275
- Rent Range: $699 – $4,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 822 / 717
- Square Footage Range: 312 – 2,019
- Days on Market (Avg/Median): 12 / 1
- Days on Market Range: 1 – 330
- New Listings: 106
- Total Listings: 338
Rentals by Property Type
Apartment
$1,232
Median DOM: 1
Inventory: 303
MoM: +0.3%
Condo
—
Median DOM: —
Inventory: —
MoM: +0.3%
Single Family
$1,895
Median DOM: 32
Inventory: 34
MoM: +0.3%
Townhouse
$1,995
Median DOM: 1
Inventory: 1
MoM: +0.3%
Apartment
Avg/Median Rent$1,240 / $1,232Range$699 – $2,305Rent per Sq Ft$2 / $2Sq Ft749 / 707DOM9 / 1New104Total303
Single Family
Avg/Median Rent$2,025 / $1,895Range$775 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,462 / 1,400DOM37 / 32New2Total34
Townhouse
Avg/Median Rent$1,995 / $1,995Range$1,995 – $1,995Rent per Sq Ft$2 / $2Sq Ft1,284 / 1,284DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$923Median:$900Range:$699 – $1,380PSF:$2 / $2Sq Ft:411 / 400DOM:8 / 1New:11Total:36
1 Beds
Avg:$1,128Median:$1,125Range:$768 – $1,499PSF:$2 / $2Sq Ft:608 / 630DOM:6 / 1New:43Total:112
2 Beds
Avg:$1,340Median:$1,355Range:$949 – $1,995PSF:$2 / $2Sq Ft:871 / 838DOM:8 / 1New:42Total:139
3 Beds
Avg:$1,932Median:$1,835Range:$775 – $4,500PSF:$1 / $1Sq Ft:1,348 / 1,291DOM:36 / 10New:10Total:44
4 Beds
Avg:$2,247Median:$2,400Range:$1,695 – $2,750PSF:$1 / $1Sq Ft:1,684 / 1,727DOM:25 / 32New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $923 | $900 | $699 – $1,380 | $2 / $2 | 411 / 400 | 8 / 1 | 11 | 36 |
| 1 Beds | $1,128 | $1,125 | $768 – $1,499 | $2 / $2 | 608 / 630 | 6 / 1 | 43 | 112 |
| 2 Beds | $1,340 | $1,355 | $949 – $1,995 | $2 / $2 | 871 / 838 | 8 / 1 | 42 | 139 |
| 3 Beds | $1,932 | $1,835 | $775 – $4,500 | $1 / $1 | 1,348 / 1,291 | 36 / 10 | 10 | 44 |
| 4 Beds | $2,247 | $2,400 | $1,695 – $2,750 | $1 / $1 | 1,684 / 1,727 | 25 / 32 | 0 | 7 |
6-Month Sales Trend
Dec 2025
Median Price:$330,000Median DOM:42New:19Total:98
Jan 2026
Median Price:$329,000Median DOM:40New:29Total:101
Feb 2026
Median Price:$335,000Median DOM:30New:21Total:95
Mar 2026
Median Price:$335,000Median DOM:29New:23Total:96
Apr 2026
Median Price:$339,900Median DOM:29New:35Total:100
May 2026
Median Price:$345,000Median DOM:27New:23Total:101
6-Month Rental Trend
Dec 2025
Median Rent:$1,420Median DOM:66New:15Total:71
Jan 2026
Median Rent:$1,370Median DOM:23New:24Total:85
Feb 2026
Median Rent:$1,350Median DOM:1New:180Total:250
Mar 2026
Median Rent:$1,305Median DOM:1New:222Total:371
Apr 2026
Median Rent:$1,271Median DOM:1New:182Total:356
May 2026
Median Rent:$1,275Median DOM:1New:106Total:338
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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.
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