ZIP 85051 Housing Market Report
Phoenix Metro
Report period: August 2026
85051 Monthly Market Update – August 2026
ZIP 85051 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$349,900
−0.3%
Median DOM (Sales)
34
−8.1%
New Listings (Sales)
14
−61.1%
Median Rent
$1,242
−0.4%
Median DOM (Rental)
13
+160.0%
Total Rental Listings
155
−10.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($730,000 median)
Sales Market Overview
Median Price
$349,900
−0.3%
Median DOM
34
−8.1%
New Listings
14
−61.1%
Inventory
142
+2.9%
- Average Price: $319,584
- Median Price: $349,900
- Price Range: $10,000 – $730,000
- Price per Sq Ft (Avg/Median): $226 / $223
- Square Footage (Avg/Median): 1,448 / 1,506
- Square Footage Range: 466 – 3,452
- Days on Market (Avg/Median): 61 / 34
- Days on Market Range: 1 – 363
- New Listings: 14
- Total Listings: 142
Sales by Property Type
Condo
Avg/Median Price$150,415 / $139,900Range$99,900 – $194,000Price per Sq Ft$227 / $214Sq Ft692 / 744DOM69 / 43New3Total13
Land
Avg/Median Price$229,500 / $229,500Range$229,500 – $229,500Price per Sq Ft—Sq Ft—DOM7 / 7New1Total1
Manufactured
Avg/Median Price$27,500 / $10,000Range$10,000 – $45,000Price per Sq Ft$34 / $14Sq Ft780 / 720DOM107 / 97New0Total2
Single Family
Avg/Median Price$385,246 / $374,990Range$209,900 – $730,000Price per Sq Ft$240 / $231Sq Ft1,680 / 1,705DOM58 / 32New10Total97
Townhouse
Avg/Median Price$199,041 / $199,000Range$122,500 – $349,900Price per Sq Ft$195 / $195Sq Ft1,056 / 924DOM67 / 43New0Total29
Sales by Bedroom Count
1 Beds
Avg:$172,340Median:$139,000Range:$99,900 – $459,900PSF:$294 / $257Sq Ft:585 / 466DOM:75 / 43New:3Total:10
2 Beds
Avg:$200,807Median:$189,999Range:$45,000 – $364,000PSF:$211 / $208Sq Ft:951 / 924DOM:56 / 43New:1Total:27
3 Beds
Avg:$346,610Median:$358,500Range:$10,000 – $529,500PSF:$229 / $231Sq Ft:1,527 / 1,547DOM:63 / 34New:6Total:72
4 Beds
Avg:$397,465Median:$390,000Range:$305,000 – $519,900PSF:$216 / $210Sq Ft:1,891 / 1,844DOM:60 / 31New:2Total:24
5 Beds
Avg:$397,314Median:$448,000Range:$209,900 – $529,900PSF:$202 / $217Sq Ft:1,970 / 2,020DOM:61 / 33New:1Total:7
8 Beds
Avg:$730,000Median:$730,000Range:$730,000 – $730,000PSF:$211 / $211Sq Ft:3,452 / 3,452DOM:20 / 20New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $172,340 | $139,000 | $99,900 – $459,900 | $294 / $257 | 585 / 466 | 75 / 43 | 3 | 10 |
| 2 Beds | $200,807 | $189,999 | $45,000 – $364,000 | $211 / $208 | 951 / 924 | 56 / 43 | 1 | 27 |
| 3 Beds | $346,610 | $358,500 | $10,000 – $529,500 | $229 / $231 | 1,527 / 1,547 | 63 / 34 | 6 | 72 |
| 4 Beds | $397,465 | $390,000 | $305,000 – $519,900 | $216 / $210 | 1,891 / 1,844 | 60 / 31 | 2 | 24 |
| 5 Beds | $397,314 | $448,000 | $209,900 – $529,900 | $202 / $217 | 1,970 / 2,020 | 61 / 33 | 1 | 7 |
| 8 Beds | $730,000 | $730,000 | $730,000 – $730,000 | $211 / $211 | 3,452 / 3,452 | 20 / 20 | 0 | 1 |
Rental Market Overview
Median Rent
$1,242
−0.4%
Median DOM
13
+160.0%
New Listings
34
Inventory
155
−10.9%
- Average Rent: $1,459
- Median Rent: $1,242
- Rent Range: $695 – $6,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,094 / 917
- Square Footage Range: 378 – 4,512
- Days on Market (Avg/Median): 44 / 13
- Days on Market Range: 1 – 343
- New Listings: 34
- Total Listings: 155
Rentals by Property Type
Apartment
$1,089
Median DOM: 1
Inventory: 91
MoM: −0.4%
Condo
$3,000
Median DOM: 2
Inventory: 1
MoM: −0.4%
Single Family
$1,915
Median DOM: 37
Inventory: 55
MoM: −0.4%
Townhouse
$1,150
Median DOM: 36
Inventory: 8
MoM: −0.4%
Apartment
Avg/Median Rent$1,120 / $1,089Range$695 – $2,400Rent per Sq Ft$2 / $1Sq Ft819 / 713DOM39 / 1New25Total91
Condo
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,780 / 1,780DOM2 / 2New1Total1
Single Family
Avg/Median Rent$2,021 / $1,915Range$950 – $6,000Rent per Sq Ft$1 / $1Sq Ft1,550 / 1,518DOM49 / 37New7Total55
Townhouse
Avg/Median Rent$1,261 / $1,150Range$895 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,057 / 924DOM71 / 36New1Total8
Rentals by Bedroom Count
Studio
Avg:$864Median:$825Range:$749 – $1,217PSF:$2 / $2Sq Ft:470 / 461DOM:73 / 1New:3Total:12
1 Beds
Avg:$1,100Median:$1,046Range:$695 – $2,400PSF:$2 / $2Sq Ft:666 / 678DOM:34 / 1New:13Total:45
2 Beds
Avg:$1,263Median:$1,202Range:$849 – $2,300PSF:$1 / $1Sq Ft:1,081 / 924DOM:41 / 1New:11Total:43
3 Beds
Avg:$1,852Median:$1,850Range:$995 – $3,000PSF:$1 / $1Sq Ft:1,448 / 1,491DOM:49 / 44New:6Total:37
4 Beds
Avg:$2,482Median:$2,295Range:$1,700 – $6,000PSF:$1 / $1Sq Ft:1,859 / 1,792DOM:47 / 29New:1Total:16
5 Beds
Avg:$1,895Median:$1,795Range:$1,795 – $1,995PSF:$1 / $1Sq Ft:1,808 / 1,772DOM:60 / 37New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $864 | $825 | $749 – $1,217 | $2 / $2 | 470 / 461 | 73 / 1 | 3 | 12 |
| 1 Beds | $1,100 | $1,046 | $695 – $2,400 | $2 / $2 | 666 / 678 | 34 / 1 | 13 | 45 |
| 2 Beds | $1,263 | $1,202 | $849 – $2,300 | $1 / $1 | 1,081 / 924 | 41 / 1 | 11 | 43 |
| 3 Beds | $1,852 | $1,850 | $995 – $3,000 | $1 / $1 | 1,448 / 1,491 | 49 / 44 | 6 | 37 |
| 4 Beds | $2,482 | $2,295 | $1,700 – $6,000 | $1 / $1 | 1,859 / 1,792 | 47 / 29 | 1 | 16 |
| 5 Beds | $1,895 | $1,795 | $1,795 – $1,995 | $1 / $1 | 1,808 / 1,772 | 60 / 37 | 0 | 2 |
6-Month Sales Trend
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:$350,950Median DOM:37New:36Total:138
Aug 2026
Median Price:$349,900Median DOM:34New:14Total:142
6-Month Rental Trend
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:$1,247Median DOM:5New:51Total:174
Aug 2026
Median Rent:$1,242Median DOM:13New:34Total:155
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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.
850038500485006850078500885009850128501385014850158501685017850188502085021850228502385024850278502885029850318503285033850348503585037850408504185042+11 more
← Back to Phoenix Metro