ZIP 85051 Housing Market Report

Phoenix Metro

Report period: July 2026

85051 Monthly Market Update – July 2026

ZIP 85051 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$359,000
+3.3%
Median DOM (Sales)
38
+5.6%
New Listings (Sales)
16
−44.8%
Median Rent
$1,299
+3.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
220
−7.9%

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: Single Family (23 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($449,900 median)

Sales Market Overview

Median Price
$359,000
+3.3%
Median DOM
38
+5.6%
New Listings
16
−44.8%
Inventory
148
−2.6%
  • Average Price: $323,206
  • Median Price: $359,000
  • Price Range: $28,000 – $579,000
  • Price per Sq Ft (Avg/Median): $221 / $222
  • Square Footage (Avg/Median): 1,467 / 1,544
  • Square Footage Range: 466 – 2,565
  • Days on Market (Avg/Median): 61 / 38
  • Days on Market Range: 1 – 347
  • New Listings: 16
  • Total Listings: 148

Sales by Property Type

Condo
Avg/Median Price$149,964 / $155,000Range$100,000 – $194,000Price per Sq Ft$212 / $208Sq Ft730 / 754DOM82 / 39New0Total11
Manufactured
Avg/Median Price$36,500 / $28,000Range$28,000 – $45,000Price per Sq Ft$46 / $39Sq Ft780 / 720DOM63 / 38New0Total2
Single Family
Avg/Median Price$389,298 / $385,000Range$209,900 – $579,000Price per Sq Ft$234 / $228Sq Ft1,700 / 1,691DOM52 / 23New16Total102
Townhouse
Avg/Median Price$194,044 / $184,999Range$122,500 – $395,000Price per Sq Ft$194 / $195Sq Ft1,035 / 924DOM80 / 42New0Total33

Sales by Bedroom Count

1 Beds
Avg:$143,254Median:$139,000Range:$100,000 – $179,900PSF:$232 / $232Sq Ft:632 / 687DOM:92 / 71New:0Total:9
2 Beds
Avg:$207,626Median:$180,250Range:$45,000 – $387,000PSF:$207 / $196Sq Ft:1,004 / 924DOM:60 / 39New:2Total:34
3 Beds
Avg:$360,851Median:$375,000Range:$28,000 – $549,000PSF:$229 / $229Sq Ft:1,589 / 1,610DOM:67 / 38New:8Total:69
4 Beds
Avg:$402,032Median:$399,999Range:$315,000 – $579,000PSF:$221 / $220Sq Ft:1,848 / 1,844DOM:45 / 26New:3Total:27
5 Beds
Avg:$414,700Median:$449,900Range:$209,900 – $530,000PSF:$209 / $222Sq Ft:1,987 / 2,020DOM:31 / 5New:3Total:9

Rental Market Overview

Median Rent
$1,299
+3.0%
Median DOM
1
0.0%
New Listings
30
Inventory
220
−7.9%
  • Average Rent: $1,430
  • Median Rent: $1,299
  • Rent Range: $450 – $6,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,054 / 924
  • Square Footage Range: 378 – 4,512
  • Days on Market (Avg/Median): 32 / 1
  • Days on Market Range: 1 – 313
  • New Listings: 30
  • Total Listings: 220

Rentals by Property Type

Apartment
$1,137
Median DOM: 1
Inventory: 141
MoM: +3.0%
Condo
$1,099
Median DOM: 1
Inventory: 2
MoM: +3.0%
Single Family
$1,899
Median DOM: 36
Inventory: 65
MoM: +3.0%
Townhouse
$1,300
Median DOM: 29
Inventory: 12
MoM: +3.0%
Apartment
Avg/Median Rent$1,152 / $1,137Range$450 – $2,490Rent per Sq Ft$2 / $1Sq Ft806 / 794DOM24 / 1New22Total141
Condo
Avg/Median Rent$1,147 / $1,099Range$1,099 – $1,195Rent per Sq Ft$1 / $1Sq Ft937 / 924DOM13 / 1New0Total2
Single Family
Avg/Median Rent$2,052 / $1,899Range$950 – $6,000Rent per Sq Ft$1 / $1Sq Ft1,614 / 1,575DOM45 / 36New7Total65
Townhouse
Avg/Median Rent$1,366 / $1,300Range$895 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,014 / 924DOM52 / 29New1Total12

Rentals by Bedroom Count

Studio
Avg:$843Median:$859Range:$450 – $969PSF:$2 / $2Sq Ft:547 / 481DOM:52 / 1New:1Total:13
1 Beds
Avg:$1,052Median:$1,038Range:$714 – $1,600PSF:$2 / $2Sq Ft:666 / 688DOM:28 / 1New:7Total:60
2 Beds
Avg:$1,287Median:$1,299Range:$895 – $1,872PSF:$1 / $1Sq Ft:963 / 924DOM:22 / 1New:16Total:79
3 Beds
Avg:$1,841Median:$1,860Range:$995 – $2,495PSF:$1 / $1Sq Ft:1,468 / 1,460DOM:44 / 37New:3Total:45
4 Beds
Avg:$2,416Median:$2,155Range:$1,700 – $6,000PSF:$1 / $1Sq Ft:1,863 / 1,792DOM:46 / 36New:3Total:20
5 Beds
Avg:$1,895Median:$1,795Range:$1,795 – $1,995PSF:$1 / $1Sq Ft:1,808 / 1,772DOM:54 / 33New:0Total:2
6 Beds
Avg:$3,800Median:$3,800Range:$3,800 – $3,800PSF:$3 / $3Sq Ft:1,516 / 1,516DOM:1 / 1New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$340,000Median DOM:29New:37Total:134
Mar 2026
Median Price:$340,000Median DOM:30New:33Total:139
Apr 2026
Median Price:$344,900Median DOM:31New:37Total:141
May 2026
Median Price:$349,900Median DOM:31New:45Total:153
Jun 2026
Median Price:$347,500Median DOM:36New:29Total:152
Jul 2026
Median Price:$359,000Median DOM:38New:16Total:148

6-Month Rental Trend

Feb 2026
Median Rent:$1,175Median DOM:1New:157Total:242
Mar 2026
Median Rent:$1,172Median DOM:1New:188Total:313
Apr 2026
Median Rent:$1,189Median DOM:1New:152Total:301
May 2026
Median Rent:$1,195Median DOM:1New:124Total:273
Jun 2026
Median Rent:$1,261Median DOM:1New:78Total:239
Jul 2026
Median Rent:$1,299Median DOM:1New:30Total:220

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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