ZIP 85050 Housing Market Report

Phoenix Metro

Report period: August 2026

85050 Monthly Market Update – August 2026

ZIP 85050 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$550,000
−1.6%
Median DOM (Sales)
43
0.0%
New Listings (Sales)
10
−69.7%
Median Rent
$2,500
+1.0%
Median DOM (Rental)
18
+28.6%
Total Rental Listings
156
−12.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (41 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($989,000 median)

Sales Market Overview

Median Price
$550,000
−1.6%
Median DOM
43
0.0%
New Listings
10
−69.7%
Inventory
213
−2.3%
  • Average Price: $628,631
  • Median Price: $550,000
  • Price Range: $49,900 – $2,250,000
  • Price per Sq Ft (Avg/Median): $291 / $311
  • Square Footage (Avg/Median): 2,056 / 1,780
  • Square Footage Range: 762 – 5,164
  • Days on Market (Avg/Median): 77 / 43
  • Days on Market Range: 2 – 334
  • New Listings: 10
  • Total Listings: 213

Sales by Property Type

Condo
Avg/Median Price$393,450 / $394,900Range$355,000 – $415,000Price per Sq Ft$319 / $297Sq Ft1,238 / 1,195DOM190 / 82New0Total4
Manufactured
Avg/Median Price$157,913 / $135,000Range$49,900 – $498,800Price per Sq Ft$118 / $98Sq Ft1,349 / 1,400DOM95 / 88New1Total41
Single Family
Avg/Median Price$821,362 / $750,000Range$79,500 – $2,250,000Price per Sq Ft$342 / $342Sq Ft2,416 / 2,159DOM64 / 41New8Total136
Townhouse
Avg/Median Price$442,028 / $449,900Range$349,000 – $549,999Price per Sq Ft$289 / $291Sq Ft1,537 / 1,469DOM96 / 103New1Total32

Sales by Bedroom Count

1 Beds
Avg:$73,000Median:$73,000Range:$73,000 – $73,000PSF:$96 / $96Sq Ft:762 / 762DOM:42 / 42New:0Total:1
2 Beds
Avg:$318,703Median:$394,900Range:$49,900 – $549,999PSF:$229 / $278Sq Ft:1,372 / 1,388DOM:105 / 85New:2Total:53
3 Beds
Avg:$518,820Median:$525,000Range:$82,500 – $1,195,000PSF:$296 / $324Sq Ft:1,694 / 1,580DOM:60 / 43New:6Total:79
4 Beds
Avg:$896,531Median:$849,500Range:$73,000 – $1,850,000PSF:$333 / $328Sq Ft:2,683 / 2,457DOM:66 / 41New:2Total:60
5 Beds
Avg:$1,125,368Median:$989,000Range:$599,000 – $2,250,000PSF:$328 / $306Sq Ft:3,442 / 3,349DOM:112 / 84New:0Total:18
6 Beds
Avg:$949,400Median:$498,800Range:$498,800 – $1,399,999PSF:$231 / $178Sq Ft:3,866 / 2,800DOM:42 / 41New:0Total:2

Rental Market Overview

Median Rent
$2,500
+1.0%
Median DOM
18
+28.6%
New Listings
18
Inventory
156
−12.8%
  • Average Rent: $2,836
  • Median Rent: $2,500
  • Rent Range: $1,100 – $9,994
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,627 / 1,500
  • Square Footage Range: 524 – 5,545
  • Days on Market (Avg/Median): 43 / 18
  • Days on Market Range: 1 – 349
  • New Listings: 18
  • Total Listings: 156

Rentals by Property Type

Apartment
$1,780
Median DOM: 1
Inventory: 46
MoM: +1.0%
Condo
$2,600
Median DOM: 7
Inventory: 3
MoM: +1.0%
Single Family
$2,995
Median DOM: 35
Inventory: 91
MoM: +1.0%
Townhouse
$2,700
Median DOM: 22
Inventory: 12
MoM: +1.0%
Apartment
Avg/Median Rent$2,003 / $1,780Range$1,370 – $9,994Rent per Sq Ft$2 / $2Sq Ft1,017 / 1,087DOM19 / 1New11Total46
Condo
Avg/Median Rent$2,600 / $2,600Range$2,500 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,395 / 1,386DOM19 / 7New1Total3
Manufactured
Avg/Median Rent$1,312 / $1,200Range$1,100 – $1,500Rent per Sq Ft$2 / $2Sq Ft796 / 777DOM160 / 42New0Total4
Single Family
Avg/Median Rent$3,356 / $2,995Range$2,100 – $9,800Rent per Sq Ft$2 / $2Sq Ft2,006 / 1,813DOM51 / 35New5Total91
Townhouse
Avg/Median Rent$2,647 / $2,700Range$1,745 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,375 / 1,361DOM58 / 22New1Total12

Rentals by Bedroom Count

Studio
Avg:$1,472Median:$1,425Range:$1,425 – $1,520PSF:$3 / $3Sq Ft:524 / 524DOM:349 / 349New:0Total:2
1 Beds
Avg:$1,585Median:$1,605Range:$1,370 – $1,810PSF:$2 / $2Sq Ft:779 / 788DOM:25 / 1New:6Total:17
2 Beds
Avg:$2,185Median:$1,925Range:$1,100 – $4,000PSF:$2 / $2Sq Ft:1,212 / 1,195DOM:36 / 1New:5Total:42
3 Beds
Avg:$2,830Median:$2,500Range:$2,000 – $8,500PSF:$2 / $2Sq Ft:1,628 / 1,540DOM:42 / 18New:7Total:60
4 Beds
Avg:$4,111Median:$3,600Range:$2,750 – $9,994PSF:$2 / $1Sq Ft:2,488 / 2,252DOM:53 / 43New:0Total:30
5 Beds
Avg:$4,435Median:$3,140Range:$3,100 – $6,500PSF:$2 / $2Sq Ft:2,905 / 2,359DOM:39 / 46New:0Total:4
6 Beds
Avg:$9,800Median:$9,800Range:$9,800 – $9,800PSF:$2 / $2Sq Ft:5,545 / 5,545DOM:67 / 67New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$545,000Median DOM:30New:59Total:246
Apr 2026
Median Price:$550,000Median DOM:30New:74Total:264
May 2026
Median Price:$558,500Median DOM:33New:69Total:266
Jun 2026
Median Price:$590,000Median DOM:37New:54Total:257
Jul 2026
Median Price:$559,000Median DOM:43New:33Total:218
Aug 2026
Median Price:$550,000Median DOM:43New:10Total:213

6-Month Rental Trend

Mar 2026
Median Rent:$2,295Median DOM:8New:92Total:223
Apr 2026
Median Rent:$2,200Median DOM:3New:94Total:194
May 2026
Median Rent:$2,180Median DOM:1New:101Total:187
Jun 2026
Median Rent:$2,200Median DOM:1New:86Total:218
Jul 2026
Median Rent:$2,475Median DOM:14New:50Total:179
Aug 2026
Median Rent:$2,500Median DOM:18New:18Total:156

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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.

← Back to Phoenix Metro