ZIP 85043 Housing Market Report
Phoenix Metro
Report period: August 2026
85043 Monthly Market Update – August 2026
ZIP 85043 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$369,000
+2.5%
Median DOM (Sales)
43
+2.4%
New Listings (Sales)
12
−66.7%
Median Rent
$1,919
−1.6%
Median DOM (Rental)
17
+6.3%
Total Rental Listings
136
−2.9%
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 (39 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($740,000 median)
Sales Market Overview
Median Price
$369,000
+2.5%
Median DOM
43
+2.4%
New Listings
12
−66.7%
Inventory
147
+5.0%
- Average Price: $348,666
- Median Price: $369,000
- Price Range: $20,000 – $740,000
- Price per Sq Ft (Avg/Median): $204 / $210
- Square Footage (Avg/Median): 1,713 / 1,536
- Square Footage Range: 780 – 3,818
- Days on Market (Avg/Median): 68 / 43
- Days on Market Range: 1 – 306
- New Listings: 12
- Total Listings: 147
Sales by Property Type
Manufactured
Avg/Median Price$96,340 / $80,000Range$20,000 – $203,900Price per Sq Ft$89 / $64Sq Ft1,134 / 1,100DOM90 / 75New0Total20
Single Family
Avg/Median Price$404,798 / $385,000Range$235,000 – $740,000Price per Sq Ft$224 / $225Sq Ft1,856 / 1,820DOM60 / 39New10Total111
Townhouse
Avg/Median Price$274,656 / $289,900Range$155,000 – $369,900Price per Sq Ft$195 / $192Sq Ft1,404 / 1,534DOM104 / 90New2Total16
Sales by Bedroom Count
2 Beds
Avg:$160,912Median:$129,900Range:$39,000 – $315,000PSF:$152 / $167Sq Ft:1,061 / 1,024DOM:79 / 75New:0Total:16
3 Beds
Avg:$339,733Median:$355,000Range:$20,000 – $629,900PSF:$216 / $217Sq Ft:1,572 / 1,504DOM:67 / 42New:7Total:84
4 Beds
Avg:$404,356Median:$399,900Range:$80,000 – $699,900PSF:$202 / $212Sq Ft:2,009 / 2,044DOM:60 / 39New:4Total:35
5 Beds
Avg:$477,206Median:$464,900Range:$419,900 – $598,000PSF:$190 / $176Sq Ft:2,546 / 2,609DOM:91 / 91New:1Total:11
6 Beds
Avg:$740,000Median:$740,000Range:$740,000 – $740,000PSF:$194 / $194Sq 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 |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $160,912 | $129,900 | $39,000 – $315,000 | $152 / $167 | 1,061 / 1,024 | 79 / 75 | 0 | 16 |
| 3 Beds | $339,733 | $355,000 | $20,000 – $629,900 | $216 / $217 | 1,572 / 1,504 | 67 / 42 | 7 | 84 |
| 4 Beds | $404,356 | $399,900 | $80,000 – $699,900 | $202 / $212 | 2,009 / 2,044 | 60 / 39 | 4 | 35 |
| 5 Beds | $477,206 | $464,900 | $419,900 – $598,000 | $190 / $176 | 2,546 / 2,609 | 91 / 91 | 1 | 11 |
| 6 Beds | $740,000 | $740,000 | $740,000 – $740,000 | $194 / $194 | 3,818 / 3,818 | 33 / 33 | 0 | 1 |
Rental Market Overview
Median Rent
$1,919
−1.6%
Median DOM
17
+6.3%
New Listings
24
Inventory
136
−2.9%
- Average Rent: $1,946
- Median Rent: $1,919
- Rent Range: $920 – $5,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,503 / 1,500
- Square Footage Range: 360 – 2,400
- Days on Market (Avg/Median): 35 / 17
- Days on Market Range: 1 – 334
- New Listings: 24
- Total Listings: 136
Rentals by Property Type
Apartment
$1,583
Median DOM: 1
Inventory: 18
MoM: −1.6%
Condo
—
Median DOM: —
Inventory: —
MoM: −1.6%
Single Family
$1,995
Median DOM: 18
Inventory: 111
MoM: −1.6%
Townhouse
$1,250
Median DOM: 35
Inventory: 7
MoM: −1.6%
Apartment
Avg/Median Rent$1,649 / $1,583Range$1,200 – $2,236Rent per Sq Ft$2 / $2Sq Ft918 / 1,030DOM10 / 1New10Total18
Single Family
Avg/Median Rent$2,027 / $1,995Range$920 – $5,000Rent per Sq Ft$1 / $1Sq Ft1,625 / 1,605DOM39 / 18New14Total111
Townhouse
Avg/Median Rent$1,423 / $1,250Range$995 – $1,875Rent per Sq Ft$1 / $1Sq Ft1,080 / 972DOM49 / 35New0Total7
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:$1,429Median:$1,468Range:$950 – $1,700PSF:$2 / $2Sq Ft:903 / 751DOM:27 / 1New:4Total:10
2 Beds
Avg:$1,686Median:$1,650Range:$1,195 – $2,236PSF:$2 / $2Sq Ft:1,043 / 1,113DOM:36 / 1New:6Total:16
3 Beds
Avg:$1,878Median:$1,895Range:$920 – $2,420PSF:$1 / $1Sq Ft:1,507 / 1,466DOM:34 / 6New:11Total:74
4 Beds
Avg:$2,354Median:$2,210Range:$1,795 – $5,000PSF:$1 / $1Sq Ft:1,896 / 1,828DOM:39 / 29New:2Total:30
5 Beds
Avg:$2,520Median:$2,495Range:$2,345 – $2,895PSF:$1 / $1Sq Ft:1,995 / 1,939DOM:48 / 21New:1Total:5
| 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 | $1,429 | $1,468 | $950 – $1,700 | $2 / $2 | 903 / 751 | 27 / 1 | 4 | 10 |
| 2 Beds | $1,686 | $1,650 | $1,195 – $2,236 | $2 / $2 | 1,043 / 1,113 | 36 / 1 | 6 | 16 |
| 3 Beds | $1,878 | $1,895 | $920 – $2,420 | $1 / $1 | 1,507 / 1,466 | 34 / 6 | 11 | 74 |
| 4 Beds | $2,354 | $2,210 | $1,795 – $5,000 | $1 / $1 | 1,896 / 1,828 | 39 / 29 | 2 | 30 |
| 5 Beds | $2,520 | $2,495 | $2,345 – $2,895 | $1 / $1 | 1,995 / 1,939 | 48 / 21 | 1 | 5 |
6-Month Sales Trend
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:33New:30Total:133
Jun 2026
Median Price:$365,000Median DOM:38New:34Total:133
Jul 2026
Median Price:$360,000Median DOM:42New:36Total:140
Aug 2026
Median Price:$369,000Median DOM:43New:12Total:147
6-Month Rental Trend
Mar 2026
Median Rent:$1,940Median DOM:28New:43Total:131
Apr 2026
Median Rent:$1,990Median DOM:6New:60Total:139
May 2026
Median Rent:$2,000Median DOM:6New:52Total:132
Jun 2026
Median Rent:$1,995Median DOM:9New:46Total:127
Jul 2026
Median Rent:$1,950Median DOM:16New:36Total:140
Aug 2026
Median Rent:$1,919Median DOM:17New:24Total:136
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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.
850038500485006850078500885009850128501385014850158501685017850188502085021850228502385024850278502885029850318503285033850348503585037850408504185042+11 more
← Back to Phoenix Metro