ZIP 85050 Housing Market Report
Phoenix Metro
Report period: May 2026
85050 Monthly Market Update – May 2026
ZIP 85050 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$559,500
+1.7%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
22
−70.3%
Median Rent
$2,231
+1.4%
Median DOM (Rental)
2
−33.3%
Total Rental Listings
190
−2.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (30 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,890,000 median)
Sales Market Overview
Median Price
$559,500
+1.7%
Median DOM
31
+3.3%
New Listings
22
−70.3%
Inventory
259
−1.9%
- Average Price: $667,358
- Median Price: $559,500
- Price Range: $6,000 – $2,350,000
- Price per Sq Ft (Avg/Median): $299 / $312
- Square Footage (Avg/Median): 2,125 / 1,782
- Square Footage Range: 720 – 5,713
- Days on Market (Avg/Median): 63 / 31
- Days on Market Range: 2 – 363
- New Listings: 22
- Total Listings: 259
Sales by Property Type
Condo
Avg/Median Price$418,725 / $400,000Range$385,000 – $480,000Price per Sq Ft$322 / $315Sq Ft1,306 / 1,270DOM108 / 30New1Total8
Manufactured
Avg/Median Price$172,698 / $143,000Range$6,000 – $498,800Price per Sq Ft$120 / $100Sq Ft1,440 / 1,416DOM101 / 72New4Total49
Single Family
Avg/Median Price$890,383 / $819,900Range$399,900 – $2,350,000Price per Sq Ft$352 / $346Sq Ft2,533 / 2,332DOM49 / 30New16Total160
Townhouse
Avg/Median Price$442,200 / $444,000Range$339,000 – $559,000Price per Sq Ft$295 / $292Sq Ft1,507 / 1,469DOM66 / 34New1Total42
Sales by Bedroom Count
2 Beds
Avg:$333,281Median:$399,900Range:$6,000 – $825,000PSF:$231 / $278Sq Ft:1,407 / 1,400DOM:93 / 64New:3Total:65
3 Beds
Avg:$549,946Median:$520,000Range:$23,000 – $1,599,000PSF:$306 / $319Sq Ft:1,747 / 1,568DOM:49 / 25New:9Total:97
4 Beds
Avg:$863,981Median:$799,995Range:$120,000 – $2,100,000PSF:$335 / $334Sq Ft:2,569 / 2,401DOM:47 / 31New:5Total:60
5 Beds
Avg:$1,201,939Median:$1,190,000Range:$420,000 – $2,350,000PSF:$339 / $328Sq Ft:3,501 / 3,565DOM:71 / 31New:5Total:33
6 Beds
Avg:$1,481,600Median:$1,850,000Range:$498,800 – $2,096,000PSF:$311 / $378Sq Ft:4,412 / 4,891DOM:115 / 131New:0Total:3
7 Beds
Avg:$1,890,000Median:$1,890,000Range:$1,890,000 – $1,890,000PSF:$331 / $331Sq Ft:5,713 / 5,713DOM:134 / 134New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $333,281 | $399,900 | $6,000 – $825,000 | $231 / $278 | 1,407 / 1,400 | 93 / 64 | 3 | 65 |
| 3 Beds | $549,946 | $520,000 | $23,000 – $1,599,000 | $306 / $319 | 1,747 / 1,568 | 49 / 25 | 9 | 97 |
| 4 Beds | $863,981 | $799,995 | $120,000 – $2,100,000 | $335 / $334 | 2,569 / 2,401 | 47 / 31 | 5 | 60 |
| 5 Beds | $1,201,939 | $1,190,000 | $420,000 – $2,350,000 | $339 / $328 | 3,501 / 3,565 | 71 / 31 | 5 | 33 |
| 6 Beds | $1,481,600 | $1,850,000 | $498,800 – $2,096,000 | $311 / $378 | 4,412 / 4,891 | 115 / 131 | 0 | 3 |
| 7 Beds | $1,890,000 | $1,890,000 | $1,890,000 – $1,890,000 | $331 / $331 | 5,713 / 5,713 | 134 / 134 | 0 | 1 |
Rental Market Overview
Median Rent
$2,231
+1.4%
Median DOM
2
−33.3%
New Listings
51
Inventory
190
−2.1%
- Average Rent: $2,598
- Median Rent: $2,231
- Rent Range: $1,100 – $9,900
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,446 / 1,267
- Square Footage Range: 524 – 5,545
- Days on Market (Avg/Median): 31 / 2
- Days on Market Range: 1 – 357
- New Listings: 51
- Total Listings: 190
Rentals by Property Type
Apartment
$1,879
Median DOM: 1
Inventory: 90
MoM: +1.4%
Condo
$1,849
Median DOM: 1
Inventory: 2
MoM: +1.4%
Single Family
$2,900
Median DOM: 24
Inventory: 83
MoM: +1.4%
Townhouse
$2,500
Median DOM: 26
Inventory: 12
MoM: +1.4%
Apartment
Avg/Median Rent$1,916 / $1,879Range$1,360 – $6,499Rent per Sq Ft$2 / $2Sq Ft1,006 / 1,087DOM13 / 1New40Total90
Condo
Avg/Median Rent$1,922 / $1,849Range$1,849 – $1,995Rent per Sq Ft$2 / $1Sq Ft1,232 / 1,227DOM34 / 1New0Total2
Manufactured
Avg/Median Rent$1,267 / $1,200Range$1,100 – $1,500Rent per Sq Ft$2 / $2Sq Ft803 / 784DOM186 / 186New0Total3
Single Family
Avg/Median Rent$3,414 / $2,900Range$1,100 – $9,900Rent per Sq Ft$2 / $2Sq Ft1,956 / 1,751DOM43 / 24New11Total83
Townhouse
Avg/Median Rent$2,519 / $2,500Range$1,898 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,378 / 1,361DOM63 / 26New0Total12
Rentals by Bedroom Count
Studio
Avg:$1,440Median:$1,360Range:$1,360 – $1,520PSF:$3 / $3Sq Ft:524 / 524DOM:258 / 258New:0Total:2
1 Beds
Avg:$1,598Median:$1,612Range:$1,100 – $1,810PSF:$2 / $2Sq Ft:782 / 765DOM:15 / 1New:18Total:40
2 Beds
Avg:$2,111Median:$1,970Range:$1,100 – $5,000PSF:$2 / $2Sq Ft:1,191 / 1,145DOM:20 / 1New:19Total:55
3 Beds
Avg:$2,901Median:$2,600Range:$1,900 – $8,500PSF:$2 / $2Sq Ft:1,601 / 1,530DOM:44 / 24New:7Total:65
4 Beds
Avg:$4,070Median:$3,500Range:$2,200 – $8,000PSF:$2 / $1Sq Ft:2,314 / 2,111DOM:35 / 11New:5Total:21
5 Beds
Avg:$4,466Median:$4,499Range:$3,600 – $5,395PSF:$1 / $1Sq Ft:3,264 / 3,067DOM:31 / 21New:2Total:6
6 Beds
Avg:$9,900Median:$9,900Range:$9,900 – $9,900PSF:$2 / $2Sq Ft:5,545 / 5,545DOM:24 / 24New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,440 | $1,360 | $1,360 – $1,520 | $3 / $3 | 524 / 524 | 258 / 258 | 0 | 2 |
| 1 Beds | $1,598 | $1,612 | $1,100 – $1,810 | $2 / $2 | 782 / 765 | 15 / 1 | 18 | 40 |
| 2 Beds | $2,111 | $1,970 | $1,100 – $5,000 | $2 / $2 | 1,191 / 1,145 | 20 / 1 | 19 | 55 |
| 3 Beds | $2,901 | $2,600 | $1,900 – $8,500 | $2 / $2 | 1,601 / 1,530 | 44 / 24 | 7 | 65 |
| 4 Beds | $4,070 | $3,500 | $2,200 – $8,000 | $2 / $1 | 2,314 / 2,111 | 35 / 11 | 5 | 21 |
| 5 Beds | $4,466 | $4,499 | $3,600 – $5,395 | $1 / $1 | 3,264 / 3,067 | 31 / 21 | 2 | 6 |
| 6 Beds | $9,900 | $9,900 | $9,900 – $9,900 | $2 / $2 | 5,545 / 5,545 | 24 / 24 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$541,900Median DOM:48New:26Total:217
Jan 2026
Median Price:$564,000Median DOM:45New:59Total:215
Feb 2026
Median Price:$549,000Median DOM:29New:58Total:231
Mar 2026
Median Price:$545,000Median DOM:30New:59Total:246
Apr 2026
Median Price:$550,000Median DOM:30New:74Total:264
May 2026
Median Price:$559,500Median DOM:31New:22Total:259
6-Month Rental Trend
Dec 2025
Median Rent:$2,570Median DOM:48New:27Total:111
Jan 2026
Median Rent:$2,650Median DOM:38New:36Total:128
Feb 2026
Median Rent:$2,350Median DOM:15New:89Total:186
Mar 2026
Median Rent:$2,295Median DOM:8New:92Total:223
Apr 2026
Median Rent:$2,200Median DOM:3New:94Total:194
May 2026
Median Rent:$2,231Median DOM:2New:51Total:190
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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