ZIP 85043 Housing Market Report
Phoenix Metro
Report period: May 2026
85043 Monthly Market Update – May 2026
ZIP 85043 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$375,000
0.0%
Median DOM (Sales)
32
−3.0%
New Listings (Sales)
10
−68.8%
Median Rent
$1,985
−0.3%
Median DOM (Rental)
3
−50.0%
Total Rental Listings
132
−5.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (31 DOM)
- Fastest renting: Single Family (2 DOM)
- Strongest bedroom: 5 Beds ($480,000 median)
Sales Market Overview
Median Price
$375,000
0.0%
Median DOM
32
−3.0%
New Listings
10
−68.8%
Inventory
137
−2.8%
- Average Price: $351,882
- Median Price: $375,000
- Price Range: $14,999 – $675,000
- Price per Sq Ft (Avg/Median): $206 / $212
- Square Footage (Avg/Median): 1,717 / 1,583
- Square Footage Range: 780 – 3,818
- Days on Market (Avg/Median): 70 / 32
- Days on Market Range: 1 – 330
- New Listings: 10
- Total Listings: 137
Sales by Property Type
Condo
Avg/Median Price$305,000 / $305,000Range$305,000 – $305,000Price per Sq Ft$199 / $199Sq Ft1,534 / 1,534DOM117 / 117New0Total1
Land
Avg/Median Price$14,999 / $14,999Range$14,999 – $14,999Price per Sq Ft—Sq Ft—DOM33 / 33New0Total1
Manufactured
Avg/Median Price$101,141 / $97,000Range$34,900 – $225,900Price per Sq Ft$91 / $68Sq Ft1,164 / 1,040DOM173 / 171New0Total17
Single Family
Avg/Median Price$413,449 / $390,000Range$257,000 – $675,000Price per Sq Ft$228 / $225Sq Ft1,880 / 1,810DOM51 / 31New8Total102
Townhouse
Avg/Median Price$249,784 / $253,000Range$140,250 – $377,000Price per Sq Ft$193 / $194Sq Ft1,280 / 1,227DOM100 / 90New2Total16
Sales by Bedroom Count
1 Beds
Avg:$45,000Median:$45,000Range:$45,000 – $45,000PSF:$46 / $46Sq Ft:980 / 980DOM:175 / 175New:0Total:1
2 Beds
Avg:$158,490Median:$146,900Range:$34,900 – $315,000PSF:$150 / $167Sq Ft:1,048 / 1,024DOM:137 / 117New:0Total:15
3 Beds
Avg:$350,633Median:$355,000Range:$35,000 – $650,000PSF:$224 / $227Sq Ft:1,566 / 1,534DOM:71 / 32New:5Total:68
4 Beds
Avg:$405,090Median:$410,000Range:$97,000 – $675,000PSF:$205 / $211Sq Ft:1,982 / 1,912DOM:46 / 31New:4Total:41
5 Beds
Avg:$486,874Median:$480,000Range:$378,000 – $610,000PSF:$195 / $192Sq Ft:2,529 / 2,609DOM:73 / 35New:1Total:10
6 Beds
Avg:$450,000Median:$450,000Range:$450,000 – $450,000PSF:$118 / $118Sq Ft:3,818 / 3,818DOM:33 / 33New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $45,000 | $45,000 | $45,000 – $45,000 | $46 / $46 | 980 / 980 | 175 / 175 | 0 | 1 |
| 2 Beds | $158,490 | $146,900 | $34,900 – $315,000 | $150 / $167 | 1,048 / 1,024 | 137 / 117 | 0 | 15 |
| 3 Beds | $350,633 | $355,000 | $35,000 – $650,000 | $224 / $227 | 1,566 / 1,534 | 71 / 32 | 5 | 68 |
| 4 Beds | $405,090 | $410,000 | $97,000 – $675,000 | $205 / $211 | 1,982 / 1,912 | 46 / 31 | 4 | 41 |
| 5 Beds | $486,874 | $480,000 | $378,000 – $610,000 | $195 / $192 | 2,529 / 2,609 | 73 / 35 | 1 | 10 |
| 6 Beds | $450,000 | $450,000 | $450,000 – $450,000 | $118 / $118 | 3,818 / 3,818 | 33 / 33 | 0 | 1 |
Rental Market Overview
Median Rent
$1,985
−0.3%
Median DOM
3
−50.0%
New Listings
22
Inventory
132
−5.0%
- Average Rent: $2,055
- Median Rent: $1,985
- Rent Range: $800 – $5,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,640 / 1,605
- Square Footage Range: 360 – 2,975
- Days on Market (Avg/Median): 37 / 3
- Days on Market Range: 1 – 365
- New Listings: 22
- Total Listings: 132
Rentals by Property Type
Apartment
$1,648
Median DOM: 285
Inventory: 5
MoM: −0.3%
Condo
—
Median DOM: —
Inventory: —
MoM: −0.3%
Single Family
$1,995
Median DOM: 2
Inventory: 120
MoM: −0.3%
Townhouse
$1,599
Median DOM: 56
Inventory: 7
MoM: −0.3%
Apartment
Avg/Median Rent$1,612 / $1,648Range$1,200 – $2,079Rent per Sq Ft$2 / $2Sq Ft771 / 717DOM203 / 285New0Total5
Single Family
Avg/Median Rent$2,100 / $1,995Range$800 – $5,000Rent per Sq Ft$1 / $1Sq Ft1,702 / 1,653DOM29 / 2New21Total120
Townhouse
Avg/Median Rent$1,595 / $1,599Range$1,195 – $1,995Rent per Sq Ft$1 / $1Sq Ft1,190 / 1,227DOM97 / 56New1Total7
Rentals by Bedroom Count
Studio
Avg:$1,200Median:$1,200Range:$1,200 – $1,200PSF:$3 / $3Sq Ft:360 / 360DOM:—New:0Total:1
1 Beds
Avg:$1,427Median:$1,400Range:$800 – $1,821PSF:$2 / $3Sq Ft:995 / 717DOM:129 / 61New:0Total:5
2 Beds
Avg:$1,477Median:$1,545Range:$1,095 – $2,079PSF:$1 / $1Sq Ft:1,053 / 1,030DOM:128 / 56New:0Total:7
3 Beds
Avg:$1,961Median:$1,950Range:$1,595 – $2,300PSF:$1 / $1Sq Ft:1,540 / 1,522DOM:31 / 1New:16Total:72
4 Beds
Avg:$2,280Median:$2,139Range:$1,795 – $5,000PSF:$1 / $1Sq Ft:1,910 / 1,912DOM:31 / 24New:3Total:36
5 Beds
Avg:$2,662Median:$2,595Range:$2,415 – $3,500PSF:$1 / $1Sq Ft:2,189 / 2,034DOM:25 / 1New:3Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,200 | $1,200 | $1,200 – $1,200 | $3 / $3 | 360 / 360 | — | 0 | 1 |
| 1 Beds | $1,427 | $1,400 | $800 – $1,821 | $2 / $3 | 995 / 717 | 129 / 61 | 0 | 5 |
| 2 Beds | $1,477 | $1,545 | $1,095 – $2,079 | $1 / $1 | 1,053 / 1,030 | 128 / 56 | 0 | 7 |
| 3 Beds | $1,961 | $1,950 | $1,595 – $2,300 | $1 / $1 | 1,540 / 1,522 | 31 / 1 | 16 | 72 |
| 4 Beds | $2,280 | $2,139 | $1,795 – $5,000 | $1 / $1 | 1,910 / 1,912 | 31 / 24 | 3 | 36 |
| 5 Beds | $2,662 | $2,595 | $2,415 – $3,500 | $1 / $1 | 2,189 / 2,034 | 25 / 1 | 3 | 11 |
6-Month Sales Trend
Dec 2025
Median Price:$362,500Median DOM:52New:14Total:129
Jan 2026
Median Price:$362,500Median DOM:47New:36Total:137
Feb 2026
Median Price:$365,000Median DOM:29New:28Total:136
Mar 2026
Median Price:$375,000Median DOM:32New:28Total:143
Apr 2026
Median Price:$375,000Median DOM:33New:32Total:141
May 2026
Median Price:$375,000Median DOM:32New:10Total:137
6-Month Rental Trend
Dec 2025
Median Rent:$1,910Median DOM:46New:24Total:92
Jan 2026
Median Rent:$1,960Median DOM:55New:14Total:92
Feb 2026
Median Rent:$1,900Median DOM:48New:37Total:115
Mar 2026
Median Rent:$1,940Median DOM:28New:43Total:131
Apr 2026
Median Rent:$1,990Median DOM:6New:60Total:139
May 2026
Median Rent:$1,985Median DOM:3New:22Total:132
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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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