ZIP 85053 Housing Market Report
Phoenix Metro
Report period: May 2026
85053 Monthly Market Update – May 2026
ZIP 85053 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$399,999
−0.0%
Median DOM (Sales)
28
−3.4%
New Listings (Sales)
12
−58.6%
Median Rent
$1,346
+0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
313
−1.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (9 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($475,000 median)
Sales Market Overview
Median Price
$399,999
−0.0%
Median DOM
28
−3.4%
New Listings
12
−58.6%
Inventory
107
0.0%
- Average Price: $427,431
- Median Price: $399,999
- Price Range: $133,500 – $2,500,000
- Price per Sq Ft (Avg/Median): $247 / $241
- Square Footage (Avg/Median): 1,668 / 1,630
- Square Footage Range: 471 – 4,041
- Days on Market (Avg/Median): 40 / 28
- Days on Market Range: 1 – 233
- New Listings: 12
- Total Listings: 107
Sales by Property Type
Condo
Avg/Median Price$159,938 / $162,000Range$133,500 – $189,000Price per Sq Ft$217 / $212Sq Ft752 / 784DOM67 / 28New0Total8
Land
Avg/Median Price$2,500,000 / $2,500,000Range$2,500,000 – $2,500,000Price per Sq Ft—Sq Ft—DOM9 / 9New1Total1
Single Family
Avg/Median Price$460,343 / $424,000Range$225,000 – $1,249,000Price per Sq Ft$255 / $250Sq Ft1,842 / 1,756DOM33 / 23New11Total76
Townhouse
Avg/Median Price$316,795 / $320,000Range$175,000 – $425,000Price per Sq Ft$229 / $227Sq Ft1,401 / 1,497DOM55 / 33New0Total22
Sales by Bedroom Count
1 Beds
Avg:$139,500Median:$135,000Range:$133,500 – $150,000PSF:$236 / $218Sq Ft:605 / 619DOM:115 / 80New:0Total:3
2 Beds
Avg:$254,865Median:$260,000Range:$162,000 – $375,000PSF:$245 / $227Sq Ft:1,034 / 1,024DOM:52 / 31New:0Total:17
3 Beds
Avg:$406,360Median:$389,900Range:$225,000 – $670,000PSF:$255 / $252Sq Ft:1,605 / 1,630DOM:33 / 25New:7Total:55
4 Beds
Avg:$532,544Median:$465,000Range:$220,000 – $1,249,000PSF:$241 / $233Sq Ft:2,221 / 2,160DOM:32 / 28New:4Total:25
5 Beds
Avg:$472,700Median:$475,000Range:$415,000 – $539,500PSF:$208 / $203Sq Ft:2,264 / 2,317DOM:64 / 18New:0Total:5
7 Beds
Avg:$457,000Median:$457,000Range:$457,000 – $457,000PSF:$200 / $200Sq Ft:2,286 / 2,286DOM:124 / 124New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $139,500 | $135,000 | $133,500 – $150,000 | $236 / $218 | 605 / 619 | 115 / 80 | 0 | 3 |
| 2 Beds | $254,865 | $260,000 | $162,000 – $375,000 | $245 / $227 | 1,034 / 1,024 | 52 / 31 | 0 | 17 |
| 3 Beds | $406,360 | $389,900 | $225,000 – $670,000 | $255 / $252 | 1,605 / 1,630 | 33 / 25 | 7 | 55 |
| 4 Beds | $532,544 | $465,000 | $220,000 – $1,249,000 | $241 / $233 | 2,221 / 2,160 | 32 / 28 | 4 | 25 |
| 5 Beds | $472,700 | $475,000 | $415,000 – $539,500 | $208 / $203 | 2,264 / 2,317 | 64 / 18 | 0 | 5 |
| 7 Beds | $457,000 | $457,000 | $457,000 – $457,000 | $200 / $200 | 2,286 / 2,286 | 124 / 124 | 0 | 1 |
Rental Market Overview
Median Rent
$1,346
+0.6%
Median DOM
1
0.0%
New Listings
97
Inventory
313
−1.6%
- Average Rent: $1,444
- Median Rent: $1,346
- Rent Range: $500 – $3,750
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 916 / 853
- Square Footage Range: 260 – 2,688
- Days on Market (Avg/Median): 18 / 1
- Days on Market Range: 1 – 341
- New Listings: 97
- Total Listings: 313
Rentals by Property Type
Apartment
$1,275
Median DOM: 1
Inventory: 252
MoM: +0.6%
Condo
$1,600
Median DOM: 12
Inventory: 2
MoM: +0.6%
Single Family
$2,095
Median DOM: 9
Inventory: 49
MoM: +0.6%
Townhouse
$1,850
Median DOM: 30
Inventory: 10
MoM: +0.6%
Apartment
Avg/Median Rent$1,295 / $1,275Range$500 – $2,095Rent per Sq Ft$2 / $2Sq Ft787 / 780DOM14 / 1New88Total252
Condo
Avg/Median Rent$1,748 / $1,600Range$1,600 – $1,895Rent per Sq Ft$3 / $2Sq Ft715 / 350DOM151 / 12New0Total2
Single Family
Avg/Median Rent$2,085 / $2,095Range$947 – $3,750Rent per Sq Ft$1 / $1Sq Ft1,510 / 1,445DOM31 / 9New7Total49
Townhouse
Avg/Median Rent$1,987 / $1,850Range$1,649 – $2,850Rent per Sq Ft$2 / $1Sq Ft1,352 / 1,229DOM33 / 30New2Total10
Rentals by Bedroom Count
Studio
Avg:$1,141Median:$859Range:$500 – $2,150PSF:$2 / $2Sq Ft:634 / 405DOM:54 / 25New:0Total:6
1 Beds
Avg:$1,189Median:$1,155Range:$829 – $1,600PSF:$2 / $2Sq Ft:643 / 675DOM:16 / 1New:34Total:115
2 Beds
Avg:$1,412Median:$1,350Range:$1,000 – $2,850PSF:$2 / $1Sq Ft:918 / 900DOM:15 / 1New:55Total:140
3 Beds
Avg:$2,032Median:$2,070Range:$1,300 – $2,800PSF:$1 / $1Sq Ft:1,466 / 1,430DOM:31 / 9New:7Total:41
4 Beds
Avg:$2,473Median:$2,305Range:$1,895 – $3,750PSF:$1 / $1Sq Ft:1,742 / 1,600DOM:22 / 9New:1Total:10
6 Beds
Avg:$2,700Median:$2,700Range:$2,700 – $2,700PSF:$1 / $1Sq Ft:2,688 / 2,688DOM:24 / 24New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,141 | $859 | $500 – $2,150 | $2 / $2 | 634 / 405 | 54 / 25 | 0 | 6 |
| 1 Beds | $1,189 | $1,155 | $829 – $1,600 | $2 / $2 | 643 / 675 | 16 / 1 | 34 | 115 |
| 2 Beds | $1,412 | $1,350 | $1,000 – $2,850 | $2 / $1 | 918 / 900 | 15 / 1 | 55 | 140 |
| 3 Beds | $2,032 | $2,070 | $1,300 – $2,800 | $1 / $1 | 1,466 / 1,430 | 31 / 9 | 7 | 41 |
| 4 Beds | $2,473 | $2,305 | $1,895 – $3,750 | $1 / $1 | 1,742 / 1,600 | 22 / 9 | 1 | 10 |
| 6 Beds | $2,700 | $2,700 | $2,700 – $2,700 | $1 / $1 | 2,688 / 2,688 | 24 / 24 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$399,000Median DOM:49New:14Total:114
Jan 2026
Median Price:$389,000Median DOM:48New:24Total:110
Feb 2026
Median Price:$395,000Median DOM:29New:29Total:99
Mar 2026
Median Price:$389,900Median DOM:22New:38Total:115
Apr 2026
Median Price:$400,000Median DOM:29New:29Total:107
May 2026
Median Price:$399,999Median DOM:28New:12Total:107
6-Month Rental Trend
Dec 2025
Median Rent:$1,645Median DOM:44New:20Total:94
Jan 2026
Median Rent:$1,605Median DOM:25New:43Total:115
Feb 2026
Median Rent:$1,350Median DOM:1New:178Total:268
Mar 2026
Median Rent:$1,348Median DOM:1New:188Total:347
Apr 2026
Median Rent:$1,338Median DOM:1New:164Total:318
May 2026
Median Rent:$1,346Median DOM:1New:97Total:313
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market declined, signaling improving 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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