ZIP 85044 Housing Market Report
Phoenix Metro
Report period: May 2026
85044 Monthly Market Update – May 2026
ZIP 85044 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$475,000
0.0%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
12
−77.4%
Median Rent
$1,548
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
617
−0.8%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (28 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,999,000 median)
Sales Market Overview
Median Price
$475,000
0.0%
Median DOM
31
+3.3%
New Listings
12
−77.4%
Inventory
214
−4.5%
- Average Price: $580,953
- Median Price: $475,000
- Price Range: $205,000 – $3,195,000
- Price per Sq Ft (Avg/Median): $296 / $293
- Square Footage (Avg/Median): 1,939 / 1,660
- Square Footage Range: 675 – 7,217
- Days on Market (Avg/Median): 62 / 31
- Days on Market Range: 2 – 365
- New Listings: 12
- Total Listings: 214
Sales by Property Type
Condo
Avg/Median Price$231,000 / $239,000Range$205,000 – $249,000Price per Sq Ft$270 / $258Sq Ft868 / 965DOM33 / 34New0Total3
Land
Avg/Median Price$574,950 / $549,900Range$549,900 – $599,999Price per Sq Ft—Sq Ft—DOM202 / 74New0Total2
Single Family
Avg/Median Price$659,470 / $539,000Range$249,900 – $3,195,000Price per Sq Ft$302 / $299Sq Ft2,167 / 1,817DOM56 / 28New10Total154
Townhouse
Avg/Median Price$380,411 / $349,000Range$249,900 – $950,000Price per Sq Ft$281 / $273Sq Ft1,360 / 1,395DOM77 / 34New2Total55
Sales by Bedroom Count
1 Beds
Avg:$205,000Median:$205,000Range:$205,000 – $205,000PSF:$304 / $304Sq Ft:675 / 675DOM:34 / 34New:0Total:1
2 Beds
Avg:$348,603Median:$349,000Range:$239,000 – $479,000PSF:$287 / $271Sq Ft:1,245 / 1,130DOM:79 / 34New:5Total:73
3 Beds
Avg:$503,064Median:$499,000Range:$330,000 – $899,900PSF:$302 / $311Sq Ft:1,686 / 1,656DOM:42 / 27New:3Total:67
4 Beds
Avg:$695,843Median:$599,990Range:$450,000 – $1,649,900PSF:$292 / $288Sq Ft:2,347 / 2,195DOM:60 / 26New:3Total:51
5 Beds
Avg:$1,209,981Median:$925,000Range:$585,000 – $2,375,000PSF:$305 / $271Sq Ft:3,894 / 3,307DOM:55 / 27New:1Total:16
6 Beds
Avg:$2,242,000Median:$1,999,000Range:$1,475,000 – $3,195,000PSF:$362 / $319Sq Ft:6,138 / 5,839DOM:121 / 69New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $205,000 | $205,000 | $205,000 – $205,000 | $304 / $304 | 675 / 675 | 34 / 34 | 0 | 1 |
| 2 Beds | $348,603 | $349,000 | $239,000 – $479,000 | $287 / $271 | 1,245 / 1,130 | 79 / 34 | 5 | 73 |
| 3 Beds | $503,064 | $499,000 | $330,000 – $899,900 | $302 / $311 | 1,686 / 1,656 | 42 / 27 | 3 | 67 |
| 4 Beds | $695,843 | $599,990 | $450,000 – $1,649,900 | $292 / $288 | 2,347 / 2,195 | 60 / 26 | 3 | 51 |
| 5 Beds | $1,209,981 | $925,000 | $585,000 – $2,375,000 | $305 / $271 | 3,894 / 3,307 | 55 / 27 | 1 | 16 |
| 6 Beds | $2,242,000 | $1,999,000 | $1,475,000 – $3,195,000 | $362 / $319 | 6,138 / 5,839 | 121 / 69 | 0 | 4 |
Rental Market Overview
Median Rent
$1,548
0.0%
Median DOM
1
0.0%
New Listings
223
Inventory
617
−0.8%
- Average Rent: $1,700
- Median Rent: $1,548
- Rent Range: $995 – $9,712
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,025 / 996
- Square Footage Range: 550 – 4,855
- Days on Market (Avg/Median): 9 / 1
- Days on Market Range: 1 – 354
- New Listings: 223
- Total Listings: 617
Rentals by Property Type
Apartment
$1,516
Median DOM: 1
Inventory: 528
MoM: 0.0%
Condo
$1,245
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$2,499
Median DOM: 16
Inventory: 54
MoM: 0.0%
Townhouse
$1,793
Median DOM: 1
Inventory: 33
MoM: 0.0%
Apartment
Avg/Median Rent$1,584 / $1,516Range$995 – $9,712Rent per Sq Ft$2 / $2Sq Ft939 / 974DOM5 / 1New207Total528
Condo
Avg/Median Rent$1,370 / $1,245Range$1,245 – $1,495Rent per Sq Ft$1 / $1Sq Ft962 / 960DOM33 / 1New0Total2
Single Family
Avg/Median Rent$2,729 / $2,499Range$1,500 – $7,995Rent per Sq Ft$2 / $2Sq Ft1,824 / 1,680DOM40 / 16New9Total54
Townhouse
Avg/Median Rent$1,882 / $1,793Range$1,306 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,117 / 1,051DOM13 / 1New7Total33
Rentals by Bedroom Count
Studio
Avg:$1,338Median:$1,261Range:$1,110 – $1,679PSF:$2 / $2Sq Ft:623 / 575DOM:1 / 1New:15Total:33
1 Beds
Avg:$1,379Median:$1,357Range:$995 – $1,980PSF:$2 / $2Sq Ft:744 / 732DOM:7 / 1New:76Total:196
2 Beds
Avg:$1,644Median:$1,578Range:$1,225 – $3,200PSF:$2 / $2Sq Ft:1,053 / 1,040DOM:7 / 1New:106Total:274
3 Beds
Avg:$2,219Median:$2,042Range:$1,626 – $5,000PSF:$2 / $1Sq Ft:1,465 / 1,381DOM:16 / 1New:24Total:103
4 Beds
Avg:$4,724Median:$3,095Range:$2,195 – $9,712PSF:$1 / $1Sq Ft:2,452 / 2,203DOM:67 / 16New:2Total:10
5 Beds
Avg:$7,995Median:$7,995Range:$7,995 – $7,995PSF:$2 / $2Sq Ft:4,855 / 4,855DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,338 | $1,261 | $1,110 – $1,679 | $2 / $2 | 623 / 575 | 1 / 1 | 15 | 33 |
| 1 Beds | $1,379 | $1,357 | $995 – $1,980 | $2 / $2 | 744 / 732 | 7 / 1 | 76 | 196 |
| 2 Beds | $1,644 | $1,578 | $1,225 – $3,200 | $2 / $2 | 1,053 / 1,040 | 7 / 1 | 106 | 274 |
| 3 Beds | $2,219 | $2,042 | $1,626 – $5,000 | $2 / $1 | 1,465 / 1,381 | 16 / 1 | 24 | 103 |
| 4 Beds | $4,724 | $3,095 | $2,195 – $9,712 | $1 / $1 | 2,452 / 2,203 | 67 / 16 | 2 | 10 |
| 5 Beds | $7,995 | $7,995 | $7,995 – $7,995 | $2 / $2 | 4,855 / 4,855 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$480,000Median DOM:49New:22Total:186
Jan 2026
Median Price:$475,000Median DOM:50New:42Total:186
Feb 2026
Median Price:$460,000Median DOM:29New:64Total:211
Mar 2026
Median Price:$472,500Median DOM:29New:61Total:236
Apr 2026
Median Price:$475,000Median DOM:30New:53Total:224
May 2026
Median Price:$475,000Median DOM:31New:12Total:214
6-Month Rental Trend
Dec 2025
Median Rent:$1,750Median DOM:29New:45Total:133
Jan 2026
Median Rent:$1,650Median DOM:10New:58Total:162
Feb 2026
Median Rent:$1,550Median DOM:1New:351Total:462
Mar 2026
Median Rent:$1,549Median DOM:1New:410Total:612
Apr 2026
Median Rent:$1,548Median DOM:1New:380Total:622
May 2026
Median Rent:$1,548Median DOM:1New:223Total:617
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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