ZIP 85053 Housing Market Report

Phoenix Metro

Report period: August 2026

85053 Monthly Market Update – August 2026

ZIP 85053 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$389,900
0.0%
Median DOM (Sales)
37
+2.8%
New Listings (Sales)
9
−59.1%
Median Rent
$1,295
−4.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
190
−10.0%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Land (4 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($498,776 median)

Sales Market Overview

Median Price
$389,900
0.0%
Median DOM
37
+2.8%
New Listings
9
−59.1%
Inventory
114
+5.6%
  • Average Price: $434,032
  • Median Price: $389,900
  • Price Range: $114,000 – $2,500,000
  • Price per Sq Ft (Avg/Median): $252 / $241
  • Square Footage (Avg/Median): 1,640 / 1,604
  • Square Footage Range: 619 – 3,661
  • Days on Market (Avg/Median): 56 / 37
  • Days on Market Range: 2 – 292
  • New Listings: 9
  • Total Listings: 114

Sales by Property Type

Condo
Avg/Median Price$168,335 / $174,677Range$114,000 – $250,000Price per Sq Ft$212 / $211Sq Ft786 / 725DOM91 / 43New0Total5
Land
Avg/Median Price$1,625,000 / $750,000Range$750,000 – $2,500,000Price per Sq FtSq FtDOM52 / 4New1Total2
Single Family
Avg/Median Price$449,675 / $404,000Range$285,000 – $1,399,900Price per Sq Ft$259 / $257Sq Ft1,749 / 1,740DOM52 / 35New7Total89
Townhouse
Avg/Median Price$298,161 / $299,900Range$125,000 – $395,000Price per Sq Ft$225 / $219Sq Ft1,335 / 1,324DOM65 / 36New1Total18

Sales by Bedroom Count

1 Beds
Avg:$131,919Median:$114,000Range:$114,000 – $174,677PSF:$203 / $184Sq Ft:646 / 619DOM:56 / 35New:0Total:4
2 Beds
Avg:$277,608Median:$289,000Range:$173,000 – $349,999PSF:$258 / $241Sq Ft:1,082 / 1,146DOM:70 / 42New:0Total:13
3 Beds
Avg:$397,111Median:$385,000Range:$250,000 – $625,000PSF:$252 / $253Sq Ft:1,598 / 1,604DOM:60 / 41New:6Total:65
4 Beds
Avg:$500,317Median:$445,000Range:$350,000 – $1,249,000PSF:$256 / $254Sq Ft:1,947 / 1,918DOM:42 / 28New:2Total:23
5 Beds
Avg:$712,465Median:$475,000Range:$339,900 – $1,399,900PSF:$257 / $221Sq Ft:2,646 / 2,345DOM:29 / 23New:0Total:6
6 Beds
Avg:$498,776Median:$498,776Range:$498,776 – $498,776PSF:$204 / $204Sq Ft:2,450 / 2,450DOM:44 / 44New:0Total:1

Rental Market Overview

Median Rent
$1,295
−4.0%
Median DOM
1
0.0%
New Listings
41
Inventory
190
−10.0%
  • Average Rent: $1,424
  • Median Rent: $1,295
  • Rent Range: $750 – $2,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 939 / 853
  • Square Footage Range: 260 – 2,558
  • Days on Market (Avg/Median): 30 / 1
  • Days on Market Range: 1 – 341
  • New Listings: 41
  • Total Listings: 190

Rentals by Property Type

Apartment
$1,248
Median DOM: 1
Inventory: 150
MoM: −4.0%
Condo
Median DOM:
Inventory:
MoM: −4.0%
Single Family
$2,075
Median DOM: 31
Inventory: 32
MoM: −4.0%
Townhouse
$1,850
Median DOM: 39
Inventory: 8
MoM: −4.0%
Apartment
Avg/Median Rent$1,278 / $1,248Range$759 – $2,095Rent per Sq Ft$2 / $2Sq Ft790 / 780DOM22 / 1New40Total150
Single Family
Avg/Median Rent$2,007 / $2,075Range$750 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,601 / 1,564DOM65 / 31New1Total32
Townhouse
Avg/Median Rent$1,821 / $1,850Range$1,050 – $2,850Rent per Sq Ft$1 / $1Sq Ft1,252 / 1,221DOM53 / 39New0Total8

Rentals by Bedroom Count

Studio
Avg:$1,231Median:$899Range:$794 – $2,000PSF:$2 / $2Sq Ft:789 / 405DOM:86 / 86New:0Total:3
1 Beds
Avg:$1,123Median:$1,100Range:$750 – $1,495PSF:$2 / $2Sq Ft:631 / 675DOM:31 / 1New:20Total:72
2 Beds
Avg:$1,397Median:$1,345Range:$1,049 – $2,850PSF:$2 / $1Sq Ft:919 / 900DOM:17 / 1New:21Total:79
3 Beds
Avg:$2,025Median:$1,999Range:$1,085 – $2,650PSF:$1 / $1Sq Ft:1,484 / 1,430DOM:38 / 16New:0Total:28
4 Beds
Avg:$2,277Median:$2,250Range:$1,980 – $2,495PSF:$1 / $1Sq Ft:1,904 / 1,948DOM:148 / 66New:0Total:7
5 Beds
Avg:$2,995Median:$2,995Range:$2,995 – $2,995PSF:$1 / $1Sq Ft:2,558 / 2,558DOM:10 / 10New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$389,900Median DOM:22New:38Total:115
Apr 2026
Median Price:$400,000Median DOM:29New:29Total:107
May 2026
Median Price:$389,000Median DOM:29New:36Total:113
Jun 2026
Median Price:$399,500Median DOM:27New:34Total:115
Jul 2026
Median Price:$389,900Median DOM:36New:22Total:108
Aug 2026
Median Price:$389,900Median DOM:37New:9Total:114

6-Month Rental Trend

Mar 2026
Median Rent:$1,348Median DOM:1New:188Total:347
Apr 2026
Median Rent:$1,338Median DOM:1New:164Total:318
May 2026
Median Rent:$1,318Median DOM:1New:158Total:289
Jun 2026
Median Rent:$1,350Median DOM:1New:115Total:281
Jul 2026
Median Rent:$1,349Median DOM:1New:81Total:211
Aug 2026
Median Rent:$1,295Median DOM:1New:41Total:190

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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.

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