ZIP 85042 Housing Market Report
Phoenix Metro
Report period: July 2026
85042 Monthly Market Update – July 2026
ZIP 85042 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$447,000
−0.6%
Median DOM (Sales)
38
0.0%
New Listings (Sales)
22
−65.1%
Median Rent
$1,932
+2.0%
Median DOM (Rental)
6
−14.3%
Total Rental Listings
190
−1.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (37 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($565,000 median)
Sales Market Overview
Median Price
$447,000
−0.6%
Median DOM
38
0.0%
New Listings
22
−65.1%
Inventory
250
+1.6%
- Average Price: $539,195
- Median Price: $447,000
- Price Range: $55,000 – $3,000,000
- Price per Sq Ft (Avg/Median): $271 / $259
- Square Footage (Avg/Median): 1,916 / 1,841
- Square Footage Range: 340 – 4,769
- Days on Market (Avg/Median): 73 / 38
- Days on Market Range: 1 – 362
- New Listings: 22
- Total Listings: 250
Sales by Property Type
Condo
Avg/Median Price$226,400 / $219,000Range$179,900 – $349,900Price per Sq Ft$259 / $244Sq Ft900 / 944DOM121 / 78New0Total9
Land
Avg/Median Price$768,605 / $445,000Range$170,000 – $3,000,000Price per Sq Ft—Sq Ft—DOM112 / 110New1Total19
Manufactured
Avg/Median Price$124,237 / $85,000Range$55,000 – $279,999Price per Sq Ft$108 / $65Sq Ft1,166 / 1,200DOM81 / 38New1Total8
Single Family
Avg/Median Price$593,043 / $489,990Range$212,000 – $2,100,000Price per Sq Ft$282 / $262Sq Ft2,132 / 1,967DOM67 / 37New13Total180
Townhouse
Avg/Median Price$306,351 / $285,000Range$169,000 – $489,990Price per Sq Ft$258 / $249Sq Ft1,216 / 1,061DOM70 / 37New7Total34
Sales by Bedroom Count
1 Beds
Avg:$215,344Median:$189,000Range:$169,000 – $285,000PSF:$352 / $288Sq Ft:674 / 624DOM:102 / 75New:1Total:9
2 Beds
Avg:$289,390Median:$250,000Range:$55,000 – $664,300PSF:$256 / $258Sq Ft:1,135 / 944DOM:95 / 43New:3Total:39
3 Beds
Avg:$494,046Median:$449,000Range:$63,900 – $2,100,000PSF:$277 / $264Sq Ft:1,794 / 1,765DOM:59 / 36New:11Total:100
4 Beds
Avg:$697,918Median:$524,990Range:$185,000 – $2,100,000PSF:$269 / $250Sq Ft:2,491 / 2,276DOM:74 / 41New:5Total:66
5 Beds
Avg:$676,687Median:$565,000Range:$380,000 – $1,500,000PSF:$237 / $243Sq Ft:2,848 / 2,959DOM:47 / 34New:1Total:17
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $215,344 | $189,000 | $169,000 – $285,000 | $352 / $288 | 674 / 624 | 102 / 75 | 1 | 9 |
| 2 Beds | $289,390 | $250,000 | $55,000 – $664,300 | $256 / $258 | 1,135 / 944 | 95 / 43 | 3 | 39 |
| 3 Beds | $494,046 | $449,000 | $63,900 – $2,100,000 | $277 / $264 | 1,794 / 1,765 | 59 / 36 | 11 | 100 |
| 4 Beds | $697,918 | $524,990 | $185,000 – $2,100,000 | $269 / $250 | 2,491 / 2,276 | 74 / 41 | 5 | 66 |
| 5 Beds | $676,687 | $565,000 | $380,000 – $1,500,000 | $237 / $243 | 2,848 / 2,959 | 47 / 34 | 1 | 17 |
Rental Market Overview
Median Rent
$1,932
+2.0%
Median DOM
6
−14.3%
New Listings
23
Inventory
190
−1.0%
- Average Rent: $2,148
- Median Rent: $1,932
- Rent Range: $899 – $7,795
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,384 / 1,298
- Square Footage Range: 300 – 4,769
- Days on Market (Avg/Median): 35 / 6
- Days on Market Range: 1 – 300
- New Listings: 23
- Total Listings: 190
Rentals by Property Type
Apartment
$1,499
Median DOM: 1
Inventory: 92
MoM: +2.0%
Condo
—
Median DOM: —
Inventory: —
MoM: +2.0%
Single Family
$2,350
Median DOM: 27
Inventory: 84
MoM: +2.0%
Townhouse
$2,375
Median DOM: 53
Inventory: 12
MoM: +2.0%
Apartment
Avg/Median Rent$1,635 / $1,499Range$899 – $5,042Rent per Sq Ft$2 / $2Sq Ft897 / 889DOM25 / 1New13Total92
Multi-Family
Avg/Median Rent$1,975 / $1,250Range$1,250 – $2,700Rent per Sq Ft$1 / $1Sq Ft1,350 / 900DOM—New0Total2
Single Family
Avg/Median Rent$2,662 / $2,350Range$1,100 – $7,795Rent per Sq Ft$1 / $1Sq Ft1,904 / 1,782DOM37 / 27New10Total84
Townhouse
Avg/Median Rent$2,517 / $2,375Range$1,200 – $5,550Rent per Sq Ft$2 / $2Sq Ft1,415 / 1,600DOM83 / 53New0Total12
Rentals by Bedroom Count
Studio
Avg:$899Median:$899Range:$899 – $899PSF:$2 / $2Sq Ft:383 / 383DOM:—New:0Total:1
1 Beds
Avg:$1,327Median:$1,212Range:$930 – $1,883PSF:$2 / $2Sq Ft:629 / 614DOM:29 / 1New:8Total:41
2 Beds
Avg:$1,735Median:$1,583Range:$1,103 – $3,195PSF:$2 / $2Sq Ft:1,092 / 1,081DOM:38 / 1New:4Total:49
3 Beds
Avg:$2,468Median:$2,249Range:$1,100 – $7,285PSF:$2 / $2Sq Ft:1,590 / 1,573DOM:33 / 13New:5Total:64
4 Beds
Avg:$2,958Median:$2,600Range:$1,699 – $5,500PSF:$1 / $1Sq Ft:2,240 / 2,080DOM:37 / 25New:6Total:28
5 Beds
Avg:$3,870Median:$2,990Range:$1,999 – $7,795PSF:$1 / $1Sq Ft:2,823 / 2,450DOM:52 / 27New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $899 | $899 | $899 – $899 | $2 / $2 | 383 / 383 | — | 0 | 1 |
| 1 Beds | $1,327 | $1,212 | $930 – $1,883 | $2 / $2 | 629 / 614 | 29 / 1 | 8 | 41 |
| 2 Beds | $1,735 | $1,583 | $1,103 – $3,195 | $2 / $2 | 1,092 / 1,081 | 38 / 1 | 4 | 49 |
| 3 Beds | $2,468 | $2,249 | $1,100 – $7,285 | $2 / $2 | 1,590 / 1,573 | 33 / 13 | 5 | 64 |
| 4 Beds | $2,958 | $2,600 | $1,699 – $5,500 | $1 / $1 | 2,240 / 2,080 | 37 / 25 | 6 | 28 |
| 5 Beds | $3,870 | $2,990 | $1,999 – $7,795 | $1 / $1 | 2,823 / 2,450 | 52 / 27 | 0 | 7 |
6-Month Sales Trend
Feb 2026
Median Price:$450,000Median DOM:47New:40Total:243
Mar 2026
Median Price:$470,000Median DOM:32New:62Total:242
Apr 2026
Median Price:$488,490Median DOM:31New:55Total:233
May 2026
Median Price:$465,000Median DOM:33New:62Total:242
Jun 2026
Median Price:$449,900Median DOM:38New:63Total:246
Jul 2026
Median Price:$447,000Median DOM:38New:22Total:250
6-Month Rental Trend
Feb 2026
Median Rent:$1,995Median DOM:13New:73Total:157
Mar 2026
Median Rent:$1,825Median DOM:7New:83Total:195
Apr 2026
Median Rent:$1,750Median DOM:7New:82Total:200
May 2026
Median Rent:$1,845Median DOM:3New:94Total:209
Jun 2026
Median Rent:$1,895Median DOM:7New:51Total:192
Jul 2026
Median Rent:$1,932Median DOM:6New:23Total:190
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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