ZIP 85041 Housing Market Report
Phoenix Metro
Report period: August 2026
85041 Monthly Market Update – August 2026
ZIP 85041 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$420,000
+1.0%
Median DOM (Sales)
43
+2.4%
New Listings (Sales)
21
−58.8%
Median Rent
$2,090
−0.4%
Median DOM (Rental)
22
0.0%
Total Rental Listings
163
−5.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (42 DOM)
- Fastest renting: Townhouse (3 DOM)
- Strongest bedroom: 5 Beds ($509,900 median)
Sales Market Overview
Median Price
$420,000
+1.0%
Median DOM
43
+2.4%
New Listings
21
−58.8%
Inventory
246
−1.2%
- Average Price: $489,942
- Median Price: $420,000
- Price Range: $75,000 – $2,950,000
- Price per Sq Ft (Avg/Median): $233 / $231
- Square Footage (Avg/Median): 2,093 / 1,978
- Square Footage Range: 580 – 4,708
- Days on Market (Avg/Median): 74 / 43
- Days on Market Range: 1 – 355
- New Listings: 21
- Total Listings: 246
Sales by Property Type
Land
Avg/Median Price$634,543 / $290,000Range$125,000 – $2,950,000Price per Sq Ft—Sq Ft—DOM163 / 154New0Total22
Manufactured
Avg/Median Price$108,300 / $79,900Range$75,000 – $170,000Price per Sq Ft$122 / $89Sq Ft920 / 896DOM42 / 43New0Total3
Multi-Family
Avg/Median Price$488,000 / $481,000Range$481,000 – $495,000Price per Sq Ft—Sq Ft—DOM64 / 43New0Total2
Single Family
Avg/Median Price$480,662 / $425,000Range$219,900 – $1,459,500Price per Sq Ft$235 / $231Sq Ft2,109 / 1,988DOM68 / 42New21Total219
Sales by Bedroom Count
2 Beds
Avg:$277,829Median:$294,900Range:$170,000 – $340,000PSF:$263 / $269Sq Ft:1,058 / 1,130DOM:51 / 39New:0Total:7
3 Beds
Avg:$416,429Median:$383,000Range:$75,000 – $1,459,500PSF:$250 / $245Sq Ft:1,686 / 1,598DOM:63 / 42New:10Total:93
4 Beds
Avg:$517,824Median:$462,450Range:$289,000 – $1,275,000PSF:$226 / $217Sq Ft:2,311 / 2,230DOM:68 / 43New:8Total:94
5 Beds
Avg:$579,535Median:$509,900Range:$395,000 – $1,199,900PSF:$200 / $187Sq Ft:2,927 / 3,033DOM:83 / 43New:3Total:26
6 Beds
Avg:$537,450Median:$479,999Range:$219,900 – $799,900PSF:$182 / $170Sq Ft:2,944 / 2,422DOM:104 / 26New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $277,829 | $294,900 | $170,000 – $340,000 | $263 / $269 | 1,058 / 1,130 | 51 / 39 | 0 | 7 |
| 3 Beds | $416,429 | $383,000 | $75,000 – $1,459,500 | $250 / $245 | 1,686 / 1,598 | 63 / 42 | 10 | 93 |
| 4 Beds | $517,824 | $462,450 | $289,000 – $1,275,000 | $226 / $217 | 2,311 / 2,230 | 68 / 43 | 8 | 94 |
| 5 Beds | $579,535 | $509,900 | $395,000 – $1,199,900 | $200 / $187 | 2,927 / 3,033 | 83 / 43 | 3 | 26 |
| 6 Beds | $537,450 | $479,999 | $219,900 – $799,900 | $182 / $170 | 2,944 / 2,422 | 104 / 26 | 0 | 4 |
Rental Market Overview
Median Rent
$2,090
−0.4%
Median DOM
22
0.0%
New Listings
19
Inventory
163
−5.2%
- Average Rent: $2,141
- Median Rent: $2,090
- Rent Range: $899 – $8,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,744 / 1,665
- Square Footage Range: 400 – 3,926
- Days on Market (Avg/Median): 49 / 22
- Days on Market Range: 1 – 338
- New Listings: 19
- Total Listings: 163
Rentals by Property Type
Apartment
$1,306
Median DOM: 7
Inventory: 20
MoM: −0.4%
Condo
—
Median DOM: —
Inventory: —
MoM: −0.4%
Single Family
$2,140
Median DOM: 22
Inventory: 139
MoM: −0.4%
Townhouse
$1,999
Median DOM: 3
Inventory: 3
MoM: −0.4%
Apartment
Avg/Median Rent$1,310 / $1,306Range$899 – $1,850Rent per Sq Ft$2 / $2Sq Ft842 / 849DOM75 / 7New3Total20
Multi-Family
Avg/Median Rent$1,450 / $1,450Range$1,450 – $1,450Rent per Sq Ft$2 / $2Sq Ft675 / 675DOM—New0Total1
Single Family
Avg/Median Rent$2,269 / $2,140Range$950 – $8,500Rent per Sq Ft$1 / $1Sq Ft1,880 / 1,765DOM45 / 22New15Total139
Townhouse
Avg/Median Rent$1,995 / $1,999Range$1,795 – $2,190Rent per Sq Ft$1 / $1Sq Ft1,576 / 1,760DOM24 / 3New1Total3
Rentals by Bedroom Count
1 Beds
Avg:$1,152Median:$1,100Range:$899 – $1,735PSF:$2 / $2Sq Ft:621 / 650DOM:52 / 20New:1Total:12
2 Beds
Avg:$1,423Median:$1,401Range:$1,075 – $1,850PSF:$2 / $2Sq Ft:905 / 850DOM:82 / 1New:2Total:7
3 Beds
Avg:$2,163Median:$2,060Range:$950 – $8,500PSF:$1 / $1Sq Ft:1,644 / 1,568DOM:53 / 31New:9Total:85
4 Beds
Avg:$2,335Median:$2,290Range:$1,200 – $6,500PSF:$1 / $1Sq Ft:2,051 / 1,929DOM:41 / 18New:6Total:52
5 Beds
Avg:$2,855Median:$2,740Range:$2,500 – $3,500PSF:$1 / $1Sq Ft:2,949 / 3,399DOM:20 / 14New:1Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,152 | $1,100 | $899 – $1,735 | $2 / $2 | 621 / 650 | 52 / 20 | 1 | 12 |
| 2 Beds | $1,423 | $1,401 | $1,075 – $1,850 | $2 / $2 | 905 / 850 | 82 / 1 | 2 | 7 |
| 3 Beds | $2,163 | $2,060 | $950 – $8,500 | $1 / $1 | 1,644 / 1,568 | 53 / 31 | 9 | 85 |
| 4 Beds | $2,335 | $2,290 | $1,200 – $6,500 | $1 / $1 | 2,051 / 1,929 | 41 / 18 | 6 | 52 |
| 5 Beds | $2,855 | $2,740 | $2,500 – $3,500 | $1 / $1 | 2,949 / 3,399 | 20 / 14 | 1 | 7 |
6-Month Sales Trend
Mar 2026
Median Price:$420,000Median DOM:30New:68Total:249
Apr 2026
Median Price:$420,000Median DOM:30New:75Total:247
May 2026
Median Price:$415,000Median DOM:32New:76Total:258
Jun 2026
Median Price:$415,000Median DOM:37New:65Total:261
Jul 2026
Median Price:$416,000Median DOM:42New:51Total:249
Aug 2026
Median Price:$420,000Median DOM:43New:21Total:246
6-Month Rental Trend
Mar 2026
Median Rent:$2,030Median DOM:12New:89Total:213
Apr 2026
Median Rent:$2,040Median DOM:6New:82Total:209
May 2026
Median Rent:$2,100Median DOM:9New:73Total:194
Jun 2026
Median Rent:$2,149Median DOM:14New:57Total:177
Jul 2026
Median Rent:$2,099Median DOM:22New:43Total:172
Aug 2026
Median Rent:$2,090Median DOM:22New:19Total:163
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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