ZIP 85044 Housing Market Report
Phoenix Metro
Report period: August 2026
85044 Monthly Market Update – August 2026
ZIP 85044 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$450,000
−2.1%
Median DOM (Sales)
39
−2.5%
New Listings (Sales)
9
−81.3%
Median Rent
$1,570
+1.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
336
−11.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (23 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,475,000 median)
Sales Market Overview
Median Price
$450,000
−2.1%
Median DOM
39
−2.5%
New Listings
9
−81.3%
Inventory
188
−2.6%
- Average Price: $518,601
- Median Price: $450,000
- Price Range: $210,000 – $2,499,000
- Price per Sq Ft (Avg/Median): $292 / $289
- Square Footage (Avg/Median): 1,770 / 1,518
- Square Footage Range: 675 – 5,998
- Days on Market (Avg/Median): 63 / 39
- Days on Market Range: 1 – 343
- New Listings: 9
- Total Listings: 188
Sales by Property Type
Condo
Avg/Median Price$234,300 / $239,000Range$210,000 – $260,000Price per Sq Ft$275 / $249Sq Ft868 / 960DOM53 / 23New0Total6
Land
Avg/Median Price$574,950 / $549,900Range$549,900 – $599,999Price per Sq Ft—Sq Ft—DOM164 / 164New0Total2
Single Family
Avg/Median Price$585,197 / $500,000Range$290,000 – $2,499,000Price per Sq Ft$298 / $298Sq Ft1,972 / 1,748DOM53 / 33New7Total135
Townhouse
Avg/Median Price$354,215 / $329,500Range$224,900 – $940,000Price per Sq Ft$275 / $272Sq Ft1,286 / 1,256DOM91 / 88New2Total45
Sales by Bedroom Count
1 Beds
Avg:$213,500Median:$210,000Range:$210,000 – $217,000PSF:$316 / $311Sq Ft:675 / 675DOM:17 / 10New:0Total:2
2 Beds
Avg:$338,080Median:$335,000Range:$224,900 – $459,000PSF:$281 / $277Sq Ft:1,222 / 1,119DOM:81 / 44New:3Total:67
3 Beds
Avg:$491,844Median:$485,000Range:$354,700 – $848,900PSF:$303 / $309Sq Ft:1,657 / 1,599DOM:44 / 33New:2Total:65
4 Beds
Avg:$668,189Median:$579,900Range:$399,900 – $1,599,000PSF:$287 / $287Sq Ft:2,321 / 2,143DOM:53 / 40New:3Total:38
5 Beds
Avg:$909,404Median:$649,950Range:$579,900 – $2,375,000PSF:$290 / $271Sq Ft:2,993 / 2,489DOM:88 / 73New:0Total:9
6 Beds
Avg:$1,544,600Median:$1,475,000Range:$899,000 – $2,499,000PSF:$326 / $334Sq Ft:4,647 / 5,028DOM:87 / 40New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $213,500 | $210,000 | $210,000 – $217,000 | $316 / $311 | 675 / 675 | 17 / 10 | 0 | 2 |
| 2 Beds | $338,080 | $335,000 | $224,900 – $459,000 | $281 / $277 | 1,222 / 1,119 | 81 / 44 | 3 | 67 |
| 3 Beds | $491,844 | $485,000 | $354,700 – $848,900 | $303 / $309 | 1,657 / 1,599 | 44 / 33 | 2 | 65 |
| 4 Beds | $668,189 | $579,900 | $399,900 – $1,599,000 | $287 / $287 | 2,321 / 2,143 | 53 / 40 | 3 | 38 |
| 5 Beds | $909,404 | $649,950 | $579,900 – $2,375,000 | $290 / $271 | 2,993 / 2,489 | 88 / 73 | 0 | 9 |
| 6 Beds | $1,544,600 | $1,475,000 | $899,000 – $2,499,000 | $326 / $334 | 4,647 / 5,028 | 87 / 40 | 1 | 5 |
Rental Market Overview
Median Rent
$1,570
+1.6%
Median DOM
1
0.0%
New Listings
87
Inventory
336
−11.8%
- Average Rent: $1,822
- Median Rent: $1,570
- Rent Range: $1,000 – $9,136
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,072 / 1,015
- Square Footage Range: 550 – 4,855
- Days on Market (Avg/Median): 15 / 1
- Days on Market Range: 1 – 363
- New Listings: 87
- Total Listings: 336
Rentals by Property Type
Apartment
$1,496
Median DOM: 1
Inventory: 261
MoM: +1.6%
Condo
$1,599
Median DOM: 1
Inventory: 1
MoM: +1.6%
Single Family
$2,495
Median DOM: 24
Inventory: 53
MoM: +1.6%
Townhouse
$1,860
Median DOM: 12
Inventory: 21
MoM: +1.6%
Apartment
Avg/Median Rent$1,608 / $1,496Range$1,060 – $9,136Rent per Sq Ft$2 / $2Sq Ft921 / 960DOM6 / 1New80Total261
Condo
Avg/Median Rent$1,599 / $1,599Range$1,599 – $1,599Rent per Sq Ft$2 / $2Sq Ft960 / 960DOM1 / 1New0Total1
Single Family
Avg/Median Rent$2,839 / $2,495Range$1,000 – $7,995Rent per Sq Ft$2 / $1Sq Ft1,810 / 1,680DOM52 / 24New5Total53
Townhouse
Avg/Median Rent$1,932 / $1,860Range$1,378 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,111 / 1,050DOM20 / 12New2Total21
Rentals by Bedroom Count
Studio
Avg:$1,252Median:$1,221Range:$1,200 – $1,421PSF:$2 / $2Sq Ft:567 / 575DOM:1 / 1New:6Total:12
1 Beds
Avg:$1,393Median:$1,382Range:$1,060 – $1,970PSF:$2 / $2Sq Ft:748 / 732DOM:7 / 1New:34Total:110
2 Beds
Avg:$1,658Median:$1,604Range:$1,232 – $3,200PSF:$2 / $2Sq Ft:1,049 / 1,024DOM:7 / 1New:34Total:135
3 Beds
Avg:$2,434Median:$2,277Range:$1,520 – $7,895PSF:$2 / $2Sq Ft:1,484 / 1,374DOM:32 / 4New:13Total:64
4 Beds
Avg:$4,024Median:$3,100Range:$1,000 – $9,136PSF:$1 / $1Sq Ft:2,293 / 2,140DOM:81 / 29New:0Total:14
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 | $1,252 | $1,221 | $1,200 – $1,421 | $2 / $2 | 567 / 575 | 1 / 1 | 6 | 12 |
| 1 Beds | $1,393 | $1,382 | $1,060 – $1,970 | $2 / $2 | 748 / 732 | 7 / 1 | 34 | 110 |
| 2 Beds | $1,658 | $1,604 | $1,232 – $3,200 | $2 / $2 | 1,049 / 1,024 | 7 / 1 | 34 | 135 |
| 3 Beds | $2,434 | $2,277 | $1,520 – $7,895 | $2 / $2 | 1,484 / 1,374 | 32 / 4 | 13 | 64 |
| 4 Beds | $4,024 | $3,100 | $1,000 – $9,136 | $1 / $1 | 2,293 / 2,140 | 81 / 29 | 0 | 14 |
| 5 Beds | $7,995 | $7,995 | $7,995 – $7,995 | $2 / $2 | 4,855 / 4,855 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$472,500Median DOM:29New:61Total:236
Apr 2026
Median Price:$475,000Median DOM:30New:53Total:224
May 2026
Median Price:$465,000Median DOM:32New:43Total:206
Jun 2026
Median Price:$479,900Median DOM:38New:38Total:184
Jul 2026
Median Price:$459,500Median DOM:40New:48Total:193
Aug 2026
Median Price:$450,000Median DOM:39New:9Total:188
6-Month Rental Trend
Mar 2026
Median Rent:$1,549Median DOM:1New:410Total:612
Apr 2026
Median Rent:$1,548Median DOM:1New:380Total:622
May 2026
Median Rent:$1,543Median DOM:1New:364Total:597
Jun 2026
Median Rent:$1,532Median DOM:1New:246Total:543
Jul 2026
Median Rent:$1,546Median DOM:1New:155Total:381
Aug 2026
Median Rent:$1,570Median DOM:1New:87Total:336
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving 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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