ZIP 85037 Housing Market Report
Phoenix Metro
Report period: July 2026
85037 Monthly Market Update – July 2026
ZIP 85037 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$422,990
+1.9%
Median DOM (Sales)
12
−20.0%
New Listings (Sales)
77
−31.3%
Median Rent
$1,763
+1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
366
−2.1%
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 (8 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($521,140 median)
Sales Market Overview
Median Price
$422,990
+1.9%
Median DOM
12
−20.0%
New Listings
77
−31.3%
Inventory
305
+3.0%
- Average Price: $419,901
- Median Price: $422,990
- Price Range: $185,000 – $721,490
- Price per Sq Ft (Avg/Median): $247 / $243
- Square Footage (Avg/Median): 1,774 / 1,692
- Square Footage Range: 802 – 4,187
- Days on Market (Avg/Median): 38 / 12
- Days on Market Range: 1 – 318
- New Listings: 77
- Total Listings: 305
Sales by Property Type
Condo
Avg/Median Price$245,788 / $239,900Range$195,000 – $310,000Price per Sq Ft$252 / $249Sq Ft976 / 1,037DOM105 / 39New1Total8
Land
Avg/Median Price$189,900 / $189,900Range$189,900 – $189,900Price per Sq Ft—Sq Ft—DOM43 / 43New0Total1
Single Family
Avg/Median Price$434,263 / $434,240Range$250,000 – $721,490Price per Sq Ft$248 / $244Sq Ft1,832 / 1,765DOM34 / 8New75Total283
Townhouse
Avg/Median Price$232,085 / $225,000Range$185,000 – $319,900Price per Sq Ft$235 / $230Sq Ft998 / 976DOM88 / 89New1Total13
Sales by Bedroom Count
1 Beds
Avg:$205,000Median:$200,000Range:$200,000 – $210,000PSF:$255 / $249Sq Ft:802 / 802DOM:85 / 4New:1Total:2
2 Beds
Avg:$279,829Median:$285,000Range:$185,000 – $365,940PSF:$271 / $248Sq Ft:1,057 / 992DOM:67 / 37New:5Total:36
3 Beds
Avg:$390,111Median:$385,000Range:$239,000 – $679,999PSF:$268 / $274Sq Ft:1,479 / 1,411DOM:35 / 12New:23Total:111
4 Beds
Avg:$473,752Median:$463,490Range:$325,000 – $721,490PSF:$235 / $237Sq Ft:2,053 / 1,946DOM:33 / 8New:36Total:114
5 Beds
Avg:$484,821Median:$494,790Range:$374,990 – $549,999PSF:$204 / $207Sq Ft:2,436 / 2,252DOM:27 / 6New:10Total:36
6 Beds
Avg:$545,642Median:$521,140Range:$516,990 – $614,950PSF:$192 / $203Sq Ft:2,919 / 2,546DOM:14 / 4New:2Total:4
8 Beds
Avg:$449,900Median:$449,900Range:$449,900 – $449,900PSF:$225 / $225Sq Ft:2,000 / 2,000DOM:171 / 171New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $205,000 | $200,000 | $200,000 – $210,000 | $255 / $249 | 802 / 802 | 85 / 4 | 1 | 2 |
| 2 Beds | $279,829 | $285,000 | $185,000 – $365,940 | $271 / $248 | 1,057 / 992 | 67 / 37 | 5 | 36 |
| 3 Beds | $390,111 | $385,000 | $239,000 – $679,999 | $268 / $274 | 1,479 / 1,411 | 35 / 12 | 23 | 111 |
| 4 Beds | $473,752 | $463,490 | $325,000 – $721,490 | $235 / $237 | 2,053 / 1,946 | 33 / 8 | 36 | 114 |
| 5 Beds | $484,821 | $494,790 | $374,990 – $549,999 | $204 / $207 | 2,436 / 2,252 | 27 / 6 | 10 | 36 |
| 6 Beds | $545,642 | $521,140 | $516,990 – $614,950 | $192 / $203 | 2,919 / 2,546 | 14 / 4 | 2 | 4 |
| 8 Beds | $449,900 | $449,900 | $449,900 – $449,900 | $225 / $225 | 2,000 / 2,000 | 171 / 171 | 0 | 1 |
Rental Market Overview
Median Rent
$1,763
+1.5%
Median DOM
1
0.0%
New Listings
50
Inventory
366
−2.1%
- Average Rent: $1,900
- Median Rent: $1,763
- Rent Range: $1,015 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,307 / 1,184
- Square Footage Range: 637 – 4,228
- Days on Market (Avg/Median): 19 / 1
- Days on Market Range: 1 – 311
- New Listings: 50
- Total Listings: 366
Rentals by Property Type
Apartment
$1,550
Median DOM: 1
Inventory: 195
MoM: +1.5%
Condo
$1,200
Median DOM: 1
Inventory: 3
MoM: +1.5%
Single Family
$2,025
Median DOM: 18
Inventory: 160
MoM: +1.5%
Townhouse
$1,600
Median DOM: 32
Inventory: 8
MoM: +1.5%
Apartment
Avg/Median Rent$1,594 / $1,550Range$1,015 – $2,440Rent per Sq Ft$2 / $2Sq Ft951 / 804DOM7 / 1New34Total195
Condo
Avg/Median Rent$1,315 / $1,200Range$1,195 – $1,550Rent per Sq Ft$1 / $1Sq Ft939 / 976DOM1 / 1New0Total3
Single Family
Avg/Median Rent$2,292 / $2,025Range$1,100 – $10,000Rent per Sq Ft$1 / $1Sq Ft1,755 / 1,601DOM35 / 18New16Total160
Townhouse
Avg/Median Rent$1,724 / $1,600Range$1,350 – $2,195Rent per Sq Ft$1 / $1Sq Ft1,240 / 1,088DOM45 / 32New0Total8
Rentals by Bedroom Count
Studio
Avg:$1,995Median:$1,995Range:$1,995 – $1,995PSF:$1 / $1Sq Ft:2,461 / 2,461DOM:11 / 11New:0Total:1
1 Beds
Avg:$1,444Median:$1,464Range:$1,015 – $2,200PSF:$2 / $2Sq Ft:770 / 776DOM:12 / 1New:14Total:108
2 Beds
Avg:$1,632Median:$1,699Range:$1,195 – $1,999PSF:$2 / $1Sq Ft:1,102 / 1,159DOM:8 / 1New:13Total:77
3 Beds
Avg:$2,197Median:$1,945Range:$1,100 – $10,000PSF:$1 / $1Sq Ft:1,473 / 1,396DOM:26 / 4New:17Total:120
4 Beds
Avg:$2,434Median:$2,265Range:$1,200 – $7,500PSF:$1 / $1Sq Ft:2,042 / 2,000DOM:36 / 18New:5Total:53
5 Beds
Avg:$2,762Median:$2,800Range:$2,285 – $2,995PSF:$1 / $1Sq Ft:3,348 / 3,674DOM:26 / 8New:1Total:6
6 Beds
Avg:$2,399Median:$2,399Range:$2,399 – $2,399PSF:$1 / $1Sq Ft:2,440 / 2,440DOM:60 / 60New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,995 | $1,995 | $1,995 – $1,995 | $1 / $1 | 2,461 / 2,461 | 11 / 11 | 0 | 1 |
| 1 Beds | $1,444 | $1,464 | $1,015 – $2,200 | $2 / $2 | 770 / 776 | 12 / 1 | 14 | 108 |
| 2 Beds | $1,632 | $1,699 | $1,195 – $1,999 | $2 / $1 | 1,102 / 1,159 | 8 / 1 | 13 | 77 |
| 3 Beds | $2,197 | $1,945 | $1,100 – $10,000 | $1 / $1 | 1,473 / 1,396 | 26 / 4 | 17 | 120 |
| 4 Beds | $2,434 | $2,265 | $1,200 – $7,500 | $1 / $1 | 2,042 / 2,000 | 36 / 18 | 5 | 53 |
| 5 Beds | $2,762 | $2,800 | $2,285 – $2,995 | $1 / $1 | 3,348 / 3,674 | 26 / 8 | 1 | 6 |
| 6 Beds | $2,399 | $2,399 | $2,399 – $2,399 | $1 / $1 | 2,440 / 2,440 | 60 / 60 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$400,000Median DOM:14New:123Total:290
Mar 2026
Median Price:$403,490Median DOM:8New:129Total:322
Apr 2026
Median Price:$413,240Median DOM:6New:144Total:326
May 2026
Median Price:$415,000Median DOM:8New:114Total:308
Jun 2026
Median Price:$414,900Median DOM:15New:112Total:296
Jul 2026
Median Price:$422,990Median DOM:12New:77Total:305
6-Month Rental Trend
Feb 2026
Median Rent:$1,725Median DOM:1New:264Total:393
Mar 2026
Median Rent:$1,725Median DOM:1New:307Total:490
Apr 2026
Median Rent:$1,725Median DOM:1New:276Total:489
May 2026
Median Rent:$1,720Median DOM:1New:179Total:425
Jun 2026
Median Rent:$1,737Median DOM:1New:176Total:374
Jul 2026
Median Rent:$1,763Median DOM:1New:50Total:366
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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