ZIP 85054 Housing Market Report
Phoenix Metro
Report period: August 2026
85054 Monthly Market Update – August 2026
ZIP 85054 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$640,000
0.0%
Median DOM (Sales)
75
−6.3%
New Listings (Sales)
3
−76.9%
Median Rent
$1,965
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
316
−20.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (69 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,399,000 median)
Sales Market Overview
Median Price
$640,000
0.0%
Median DOM
75
−6.3%
New Listings
3
−76.9%
Inventory
90
−6.3%
- Average Price: $784,320
- Median Price: $640,000
- Price Range: $290,000 – $1,650,000
- Price per Sq Ft (Avg/Median): $410 / $371
- Square Footage (Avg/Median): 1,860 / 1,781
- Square Footage Range: 796 – 3,570
- Days on Market (Avg/Median): 98 / 75
- Days on Market Range: 2 – 360
- New Listings: 3
- Total Listings: 90
Sales by Property Type
Condo
Avg/Median Price$588,586 / $464,900Range$290,000 – $1,499,000Price per Sq Ft$397 / $341Sq Ft1,427 / 1,392DOM122 / 96New1Total44
Single Family
Avg/Median Price$1,149,951 / $1,135,000Range$429,000 – $1,650,000Price per Sq Ft$452 / $453Sq Ft2,564 / 2,670DOM74 / 69New0Total31
Townhouse
Avg/Median Price$602,832 / $620,000Range$330,000 – $899,990Price per Sq Ft$362 / $362Sq Ft1,673 / 1,743DOM78 / 79New2Total15
Sales by Bedroom Count
1 Beds
Avg:$305,580Median:$305,000Range:$290,000 – $330,000PSF:$367 / $364Sq Ft:835 / 796DOM:95 / 103New:1Total:5
2 Beds
Avg:$549,936Median:$468,000Range:$365,000 – $1,300,000PSF:$378 / $341Sq Ft:1,427 / 1,408DOM:121 / 94New:1Total:39
3 Beds
Avg:$819,704Median:$709,999Range:$339,999 – $1,499,000PSF:$434 / $371Sq Ft:1,869 / 1,868DOM:82 / 42New:1Total:21
4 Beds
Avg:$1,156,200Median:$1,100,000Range:$845,000 – $1,599,900PSF:$456 / $443Sq Ft:2,566 / 2,340DOM:78 / 43New:0Total:18
5 Beds
Avg:$1,307,799Median:$1,350,000Range:$1,140,000 – $1,499,000PSF:$412 / $404Sq Ft:3,171 / 3,119DOM:79 / 75New:0Total:5
6 Beds
Avg:$1,524,500Median:$1,399,000Range:$1,399,000 – $1,650,000PSF:$484 / $461Sq Ft:3,142 / 3,035DOM:56 / 41New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $305,580 | $305,000 | $290,000 – $330,000 | $367 / $364 | 835 / 796 | 95 / 103 | 1 | 5 |
| 2 Beds | $549,936 | $468,000 | $365,000 – $1,300,000 | $378 / $341 | 1,427 / 1,408 | 121 / 94 | 1 | 39 |
| 3 Beds | $819,704 | $709,999 | $339,999 – $1,499,000 | $434 / $371 | 1,869 / 1,868 | 82 / 42 | 1 | 21 |
| 4 Beds | $1,156,200 | $1,100,000 | $845,000 – $1,599,900 | $456 / $443 | 2,566 / 2,340 | 78 / 43 | 0 | 18 |
| 5 Beds | $1,307,799 | $1,350,000 | $1,140,000 – $1,499,000 | $412 / $404 | 3,171 / 3,119 | 79 / 75 | 0 | 5 |
| 6 Beds | $1,524,500 | $1,399,000 | $1,399,000 – $1,650,000 | $484 / $461 | 3,142 / 3,035 | 56 / 41 | 0 | 2 |
Rental Market Overview
Median Rent
$1,965
0.0%
Median DOM
1
0.0%
New Listings
91
Inventory
316
−20.0%
- Average Rent: $2,376
- Median Rent: $1,965
- Rent Range: $1,190 – $7,943
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,038 / 896
- Square Footage Range: 490 – 3,834
- Days on Market (Avg/Median): 19 / 1
- Days on Market Range: 1 – 306
- New Listings: 91
- Total Listings: 316
Rentals by Property Type
Apartment
$1,904
Median DOM: 1
Inventory: 274
MoM: 0.0%
Condo
$4,523
Median DOM: 300
Inventory: 5
MoM: 0.0%
Single Family
$4,200
Median DOM: 33
Inventory: 16
MoM: 0.0%
Townhouse
$3,563
Median DOM: 1
Inventory: 21
MoM: 0.0%
Apartment
Avg/Median Rent$2,093 / $1,904Range$1,190 – $7,943Rent per Sq Ft$2 / $2Sq Ft905 / 824DOM11 / 1New83Total274
Condo
Avg/Median Rent$4,178 / $4,523Range$1,899 – $5,852Rent per Sq Ft$2 / $2Sq Ft1,489 / 1,246DOM231 / 300New0Total5
Single Family
Avg/Median Rent$4,569 / $4,200Range$1,800 – $7,330Rent per Sq Ft$2 / $2Sq Ft2,262 / 2,184DOM45 / 33New2Total16
Townhouse
Avg/Median Rent$3,966 / $3,563Range$2,800 – $7,000Rent per Sq Ft$2 / $2Sq Ft1,796 / 1,868DOM64 / 1New6Total21
Rentals by Bedroom Count
Studio
Avg:$1,565Median:$1,580Range:$1,190 – $1,859PSF:$3 / $3Sq Ft:603 / 587DOM:1 / 1New:7Total:34
1 Beds
Avg:$1,801Median:$1,768Range:$1,355 – $3,950PSF:$2 / $2Sq Ft:744 / 754DOM:9 / 1New:26Total:111
2 Beds
Avg:$2,523Median:$2,280Range:$1,515 – $7,000PSF:$2 / $2Sq Ft:1,125 / 1,097DOM:26 / 1New:48Total:130
3 Beds
Avg:$3,995Median:$3,536Range:$2,067 – $7,943PSF:$2 / $2Sq Ft:1,743 / 1,697DOM:48 / 1New:5Total:29
4 Beds
Avg:$4,403Median:$4,128Range:$3,598 – $6,000PSF:$2 / $2Sq Ft:2,288 / 2,120DOM:26 / 7New:5Total:10
5 Beds
Avg:$4,900Median:$4,500Range:$4,500 – $5,299PSF:$2 / $1Sq Ft:3,134 / 2,621DOM:19 / 4New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,565 | $1,580 | $1,190 – $1,859 | $3 / $3 | 603 / 587 | 1 / 1 | 7 | 34 |
| 1 Beds | $1,801 | $1,768 | $1,355 – $3,950 | $2 / $2 | 744 / 754 | 9 / 1 | 26 | 111 |
| 2 Beds | $2,523 | $2,280 | $1,515 – $7,000 | $2 / $2 | 1,125 / 1,097 | 26 / 1 | 48 | 130 |
| 3 Beds | $3,995 | $3,536 | $2,067 – $7,943 | $2 / $2 | 1,743 / 1,697 | 48 / 1 | 5 | 29 |
| 4 Beds | $4,403 | $4,128 | $3,598 – $6,000 | $2 / $2 | 2,288 / 2,120 | 26 / 7 | 5 | 10 |
| 5 Beds | $4,900 | $4,500 | $4,500 – $5,299 | $2 / $1 | 3,134 / 2,621 | 19 / 4 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$695,990Median DOM:31New:22Total:131
Apr 2026
Median Price:$630,000Median DOM:34New:25Total:117
May 2026
Median Price:$650,000Median DOM:35New:28Total:118
Jun 2026
Median Price:$640,000Median DOM:72New:15Total:114
Jul 2026
Median Price:$640,000Median DOM:80New:13Total:96
Aug 2026
Median Price:$640,000Median DOM:75New:3Total:90
6-Month Rental Trend
Mar 2026
Median Rent:$1,985Median DOM:1New:283Total:413
Apr 2026
Median Rent:$1,950Median DOM:1New:311Total:455
May 2026
Median Rent:$1,994Median DOM:1New:353Total:540
Jun 2026
Median Rent:$1,994Median DOM:1New:270Total:530
Jul 2026
Median Rent:$1,965Median DOM:1New:140Total:395
Aug 2026
Median Rent:$1,965Median DOM:1New:91Total:316
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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