ZIP 85045 Housing Market Report
Phoenix Metro
Report period: July 2026
85045 Monthly Market Update – July 2026
ZIP 85045 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$710,960
0.0%
Median DOM (Sales)
25
+4.2%
New Listings (Sales)
24
−31.4%
Median Rent
$2,945
+0.9%
Median DOM (Rental)
16
+33.3%
Total Rental Listings
19
+11.8%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (22 DOM)
- Fastest renting: Townhouse (11 DOM)
- Strongest bedroom: 6 Beds ($2,450,000 median)
Sales Market Overview
Median Price
$710,960
0.0%
Median DOM
25
+4.2%
New Listings
24
−31.4%
Inventory
88
0.0%
- Average Price: $727,642
- Median Price: $710,960
- Price Range: $339,000 – $2,450,000
- Price per Sq Ft (Avg/Median): $313 / $305
- Square Footage (Avg/Median): 2,470 / 2,304
- Square Footage Range: 1,314 – 4,925
- Days on Market (Avg/Median): 64 / 25
- Days on Market Range: 2 – 360
- New Listings: 24
- Total Listings: 88
Sales by Property Type
Condo
Avg/Median Price$410,000 / $410,000Range$410,000 – $410,000Price per Sq Ft$257 / $257Sq Ft1,593 / 1,593DOM163 / 163New0Total1
Land
Avg/Median Price$472,740 / $449,000Range$339,000 – $749,500Price per Sq Ft—Sq Ft—DOM307 / 360New0Total10
Single Family
Avg/Median Price$776,028 / $745,865Range$409,000 – $2,450,000Price per Sq Ft$315 / $307Sq Ft2,514 / 2,392DOM39 / 22New24Total74
Townhouse
Avg/Median Price$489,667 / $459,000Range$440,000 – $570,000Price per Sq Ft$291 / $288Sq Ft1,689 / 1,593DOM92 / 128New0Total3
Sales by Bedroom Count
2 Beds
Avg:$436,333Median:$440,000Range:$410,000 – $459,000PSF:$284 / $288Sq Ft:1,540 / 1,593DOM:146 / 146New:0Total:3
3 Beds
Avg:$640,595Median:$599,990Range:$409,000 – $1,274,900PSF:$336 / $307Sq Ft:1,918 / 1,782DOM:40 / 22New:8Total:28
4 Beds
Avg:$822,625Median:$782,810Range:$469,900 – $1,375,000PSF:$311 / $315Sq Ft:2,687 / 2,696DOM:30 / 12New:9Total:27
5 Beds
Avg:$810,451Median:$774,999Range:$599,900 – $1,529,000PSF:$276 / $271Sq Ft:3,008 / 2,887DOM:42 / 23New:7Total:19
6 Beds
Avg:$2,450,000Median:$2,450,000Range:$2,450,000 – $2,450,000PSF:$524 / $524Sq Ft:4,676 / 4,676DOM:163 / 163New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $436,333 | $440,000 | $410,000 – $459,000 | $284 / $288 | 1,540 / 1,593 | 146 / 146 | 0 | 3 |
| 3 Beds | $640,595 | $599,990 | $409,000 – $1,274,900 | $336 / $307 | 1,918 / 1,782 | 40 / 22 | 8 | 28 |
| 4 Beds | $822,625 | $782,810 | $469,900 – $1,375,000 | $311 / $315 | 2,687 / 2,696 | 30 / 12 | 9 | 27 |
| 5 Beds | $810,451 | $774,999 | $599,900 – $1,529,000 | $276 / $271 | 3,008 / 2,887 | 42 / 23 | 7 | 19 |
| 6 Beds | $2,450,000 | $2,450,000 | $2,450,000 – $2,450,000 | $524 / $524 | 4,676 / 4,676 | 163 / 163 | 0 | 1 |
Rental Market Overview
Median Rent
$2,945
+0.9%
Median DOM
16
+33.3%
New Listings
2
Inventory
19
+11.8%
- Average Rent: $3,040
- Median Rent: $2,945
- Rent Range: $1,000 – $4,095
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,324 / 2,282
- Square Footage Range: 1,364 – 3,294
- Days on Market (Avg/Median): 36 / 16
- Days on Market Range: 1 – 235
- New Listings: 2
- Total Listings: 19
Rentals by Property Type
Apartment
$3,000
Median DOM: —
Inventory: 1
MoM: +0.9%
Condo
—
Median DOM: —
Inventory: —
MoM: +0.9%
Single Family
$2,945
Median DOM: 18
Inventory: 17
MoM: +0.9%
Townhouse
$2,800
Median DOM: 11
Inventory: 1
MoM: +0.9%
Apartment
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,633 / 1,633DOM—New0Total1
Single Family
Avg/Median Rent$3,056 / $2,945Range$1,000 – $4,095Rent per Sq Ft$1 / $1Sq Ft2,385 / 2,283DOM37 / 18New2Total17
Townhouse
Avg/Median Rent$2,800 / $2,800Range$2,800 – $2,800Rent per Sq Ft$1 / $1Sq Ft2,038 / 2,038DOM11 / 11New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,000Median:$1,000Range:$1,000 – $1,000PSF:—Sq Ft:—DOM:31 / 31New:0Total:1
2 Beds
Avg:$3,000Median:$3,000Range:$3,000 – $3,000PSF:$2 / $2Sq Ft:1,633 / 1,633DOM:—New:0Total:1
3 Beds
Avg:$2,708Median:$2,800Range:$2,295 – $3,150PSF:$2 / $2Sq Ft:1,674 / 1,661DOM:59 / 14New:0Total:5
4 Beds
Avg:$3,079Median:$2,895Range:$2,595 – $4,000PSF:$1 / $1Sq Ft:2,482 / 2,283DOM:30 / 20New:1Total:8
5 Beds
Avg:$3,896Median:$3,995Range:$3,500 – $4,095PSF:$1 / $1Sq Ft:2,992 / 2,904DOM:13 / 16New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,000 | $1,000 | $1,000 – $1,000 | — | — | 31 / 31 | 0 | 1 |
| 2 Beds | $3,000 | $3,000 | $3,000 – $3,000 | $2 / $2 | 1,633 / 1,633 | — | 0 | 1 |
| 3 Beds | $2,708 | $2,800 | $2,295 – $3,150 | $2 / $2 | 1,674 / 1,661 | 59 / 14 | 0 | 5 |
| 4 Beds | $3,079 | $2,895 | $2,595 – $4,000 | $1 / $1 | 2,482 / 2,283 | 30 / 20 | 1 | 8 |
| 5 Beds | $3,896 | $3,995 | $3,500 – $4,095 | $1 / $1 | 2,992 / 2,904 | 13 / 16 | 1 | 4 |
6-Month Sales Trend
Feb 2026
Median Price:$650,000Median DOM:29New:17Total:69
Mar 2026
Median Price:$650,000Median DOM:28New:19Total:73
Apr 2026
Median Price:$665,000Median DOM:30New:14Total:69
May 2026
Median Price:$599,999Median DOM:34New:17Total:70
Jun 2026
Median Price:$710,960Median DOM:24New:35Total:88
Jul 2026
Median Price:$710,960Median DOM:25New:24Total:88
6-Month Rental Trend
Feb 2026
Median Rent:$2,800Median DOM:60New:1Total:19
Mar 2026
Median Rent:$2,595Median DOM:60New:6Total:20
Apr 2026
Median Rent:$2,845Median DOM:20New:5Total:19
May 2026
Median Rent:$2,895Median DOM:20New:4Total:16
Jun 2026
Median Rent:$2,920Median DOM:12New:7Total:17
Jul 2026
Median Rent:$2,945Median DOM:16New:2Total:19
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory increased.
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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