ZIP 85042 Housing Market Report
Phoenix Metro
Report period: August 2026
85042 Monthly Market Update – August 2026
ZIP 85042 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$449,500
+1.0%
Median DOM (Sales)
43
+2.4%
New Listings (Sales)
20
−61.5%
Median Rent
$2,045
−2.2%
Median DOM (Rental)
19
0.0%
Total Rental Listings
153
−5.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (40 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($549,999 median)
Sales Market Overview
Median Price
$449,500
+1.0%
Median DOM
43
+2.4%
New Listings
20
−61.5%
Inventory
243
−1.2%
- Average Price: $548,017
- Median Price: $449,500
- Price Range: $55,000 – $3,000,000
- Price per Sq Ft (Avg/Median): $274 / $259
- Square Footage (Avg/Median): 1,944 / 1,901
- Square Footage Range: 340 – 4,769
- Days on Market (Avg/Median): 75 / 43
- Days on Market Range: 2 – 359
- New Listings: 20
- Total Listings: 243
Sales by Property Type
Condo
Avg/Median Price$225,944 / $205,000Range$175,000 – $349,900Price per Sq Ft$250 / $244Sq Ft929 / 944DOM120 / 105New1Total9
Land
Avg/Median Price$713,548 / $400,000Range$139,000 – $3,000,000Price per Sq Ft—Sq Ft—DOM109 / 44New0Total21
Manufactured
Avg/Median Price$137,362 / $80,000Range$55,000 – $279,999Price per Sq Ft$122 / $83Sq Ft1,140 / 1,090DOM89 / 41New1Total8
Single Family
Avg/Median Price$600,843 / $499,000Range$212,000 – $2,100,000Price per Sq Ft$284 / $262Sq Ft2,146 / 1,968DOM70 / 43New15Total177
Townhouse
Avg/Median Price$310,784 / $254,000Range$159,000 – $514,900Price per Sq Ft$260 / $257Sq Ft1,225 / 944DOM65 / 40New3Total28
Sales by Bedroom Count
1 Beds
Avg:$202,250Median:$179,900Range:$159,000 – $283,000PSF:$353 / $288Sq Ft:626 / 578DOM:106 / 80New:1Total:8
2 Beds
Avg:$279,815Median:$244,900Range:$55,000 – $499,000PSF:$263 / $258Sq Ft:1,100 / 944DOM:96 / 80New:1Total:33
3 Beds
Avg:$499,347Median:$450,000Range:$63,900 – $2,100,000PSF:$278 / $267Sq Ft:1,807 / 1,851DOM:64 / 41New:9Total:98
4 Beds
Avg:$702,984Median:$549,999Range:$185,000 – $2,000,000PSF:$270 / $248Sq Ft:2,516 / 2,303DOM:71 / 43New:9Total:70
5 Beds
Avg:$706,669Median:$539,900Range:$380,000 – $1,450,000PSF:$242 / $243Sq Ft:2,857 / 2,904DOM:52 / 39New:0Total:13
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $202,250 | $179,900 | $159,000 – $283,000 | $353 / $288 | 626 / 578 | 106 / 80 | 1 | 8 |
| 2 Beds | $279,815 | $244,900 | $55,000 – $499,000 | $263 / $258 | 1,100 / 944 | 96 / 80 | 1 | 33 |
| 3 Beds | $499,347 | $450,000 | $63,900 – $2,100,000 | $278 / $267 | 1,807 / 1,851 | 64 / 41 | 9 | 98 |
| 4 Beds | $702,984 | $549,999 | $185,000 – $2,000,000 | $270 / $248 | 2,516 / 2,303 | 71 / 43 | 9 | 70 |
| 5 Beds | $706,669 | $539,900 | $380,000 – $1,450,000 | $242 / $243 | 2,857 / 2,904 | 52 / 39 | 0 | 13 |
Rental Market Overview
Median Rent
$2,045
−2.2%
Median DOM
19
0.0%
New Listings
28
Inventory
153
−5.0%
- Average Rent: $2,182
- Median Rent: $2,045
- Rent Range: $750 – $6,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,422 / 1,370
- Square Footage Range: 300 – 3,842
- Days on Market (Avg/Median): 50 / 19
- Days on Market Range: 1 – 360
- New Listings: 28
- Total Listings: 153
Rentals by Property Type
Apartment
$1,549
Median DOM: 1
Inventory: 58
MoM: −2.2%
Condo
$1,350
Median DOM: 1
Inventory: 1
MoM: −2.2%
Single Family
$2,340
Median DOM: 26
Inventory: 78
MoM: −2.2%
Townhouse
$2,295
Median DOM: 55
Inventory: 14
MoM: −2.2%
Apartment
Avg/Median Rent$1,658 / $1,549Range$800 – $3,395Rent per Sq Ft$2 / $2Sq Ft847 / 827DOM42 / 1New16Total58
Condo
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq Ft$2 / $2Sq Ft890 / 890DOM1 / 1New1Total1
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$2,575 / $2,340Range$750 – $6,000Rent per Sq Ft$1 / $1Sq Ft1,865 / 1,771DOM48 / 26New9Total78
Townhouse
Avg/Median Rent$2,254 / $2,295Range$1,100 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,370 / 1,552DOM89 / 55New2Total14
Rentals by Bedroom Count
Studio
Avg:$775Median:$750Range:$750 – $800PSF:$2 / $2Sq Ft:432 / 383DOM:—New:0Total:2
1 Beds
Avg:$1,463Median:$1,450Range:$999 – $1,960PSF:$2 / $2Sq Ft:627 / 611DOM:43 / 1New:5Total:31
2 Beds
Avg:$1,834Median:$1,845Range:$1,045 – $3,200PSF:$2 / $2Sq Ft:1,114 / 944DOM:45 / 30New:11Total:31
3 Beds
Avg:$2,348Median:$2,296Range:$1,200 – $3,500PSF:$2 / $2Sq Ft:1,584 / 1,528DOM:58 / 19New:8Total:59
4 Beds
Avg:$3,063Median:$2,600Range:$1,545 – $6,000PSF:$1 / $1Sq Ft:2,352 / 2,261DOM:49 / 29New:4Total:24
5 Beds
Avg:$3,013Median:$2,299Range:$1,895 – $6,000PSF:$1 / $1Sq Ft:2,218 / 1,652DOM:20 / 11New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $775 | $750 | $750 – $800 | $2 / $2 | 432 / 383 | — | 0 | 2 |
| 1 Beds | $1,463 | $1,450 | $999 – $1,960 | $2 / $2 | 627 / 611 | 43 / 1 | 5 | 31 |
| 2 Beds | $1,834 | $1,845 | $1,045 – $3,200 | $2 / $2 | 1,114 / 944 | 45 / 30 | 11 | 31 |
| 3 Beds | $2,348 | $2,296 | $1,200 – $3,500 | $2 / $2 | 1,584 / 1,528 | 58 / 19 | 8 | 59 |
| 4 Beds | $3,063 | $2,600 | $1,545 – $6,000 | $1 / $1 | 2,352 / 2,261 | 49 / 29 | 4 | 24 |
| 5 Beds | $3,013 | $2,299 | $1,895 – $6,000 | $1 / $1 | 2,218 / 1,652 | 20 / 11 | 0 | 6 |
6-Month Sales Trend
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:$445,000Median DOM:42New:52Total:246
Aug 2026
Median Price:$449,500Median DOM:43New:20Total:243
6-Month Rental Trend
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:$2,091Median DOM:19New:49Total:161
Aug 2026
Median Rent:$2,045Median DOM:19New:28Total:153
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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