ZIP 85054 Housing Market Report
Phoenix Metro
Report period: July 2026
85054 Monthly Market Update – July 2026
ZIP 85054 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$628,490
−1.8%
Median DOM (Sales)
72
0.0%
New Listings (Sales)
6
−60.0%
Median Rent
$1,995
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
496
−6.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (39 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,399,000 median)
Sales Market Overview
Median Price
$628,490
−1.8%
Median DOM
72
0.0%
New Listings
6
−60.0%
Inventory
108
−5.3%
- Average Price: $785,574
- Median Price: $628,490
- Price Range: $257,700 – $1,724,000
- Price per Sq Ft (Avg/Median): $409 / $371
- Square Footage (Avg/Median): 1,866 / 1,743
- Square Footage Range: 728 – 3,743
- Days on Market (Avg/Median): 89 / 72
- Days on Market Range: 2 – 360
- New Listings: 6
- Total Listings: 108
Sales by Property Type
Condo
Avg/Median Price$563,686 / $459,000Range$257,700 – $1,499,000Price per Sq Ft$391 / $341Sq Ft1,388 / 1,385DOM117 / 98New4Total51
Single Family
Avg/Median Price$1,130,488 / $1,100,000Range$455,000 – $1,724,000Price per Sq Ft$451 / $443Sq Ft2,527 / 2,295DOM58 / 39New1Total42
Townhouse
Avg/Median Price$574,233 / $550,000Range$375,000 – $874,000Price per Sq Ft$351 / $361Sq Ft1,642 / 1,697DOM76 / 41New1Total15
Sales by Bedroom Count
1 Beds
Avg:$287,443Median:$290,000Range:$257,700 – $309,900PSF:$358 / $364Sq Ft:805 / 796DOM:111 / 118New:0Total:7
2 Beds
Avg:$547,366Median:$464,900Range:$365,000 – $1,300,000PSF:$377 / $341Sq Ft:1,424 / 1,408DOM:112 / 95New:2Total:44
3 Beds
Avg:$803,323Median:$709,999Range:$339,999 – $1,499,000PSF:$426 / $373Sq Ft:1,856 / 1,868DOM:79 / 38New:3Total:25
4 Beds
Avg:$1,131,987Median:$1,100,000Range:$874,000 – $1,599,900PSF:$459 / $453Sq Ft:2,493 / 2,295DOM:61 / 41New:1Total:23
5 Beds
Avg:$1,368,285Median:$1,350,000Range:$1,170,000 – $1,724,000PSF:$416 / $426Sq Ft:3,287 / 3,311DOM:56 / 36New:0Total:7
6 Beds
Avg:$1,524,500Median:$1,399,000Range:$1,399,000 – $1,650,000PSF:$472 / $435Sq Ft:3,232 / 3,213DOM:41 / 41New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $287,443 | $290,000 | $257,700 – $309,900 | $358 / $364 | 805 / 796 | 111 / 118 | 0 | 7 |
| 2 Beds | $547,366 | $464,900 | $365,000 – $1,300,000 | $377 / $341 | 1,424 / 1,408 | 112 / 95 | 2 | 44 |
| 3 Beds | $803,323 | $709,999 | $339,999 – $1,499,000 | $426 / $373 | 1,856 / 1,868 | 79 / 38 | 3 | 25 |
| 4 Beds | $1,131,987 | $1,100,000 | $874,000 – $1,599,900 | $459 / $453 | 2,493 / 2,295 | 61 / 41 | 1 | 23 |
| 5 Beds | $1,368,285 | $1,350,000 | $1,170,000 – $1,724,000 | $416 / $426 | 3,287 / 3,311 | 56 / 36 | 0 | 7 |
| 6 Beds | $1,524,500 | $1,399,000 | $1,399,000 – $1,650,000 | $472 / $435 | 3,232 / 3,213 | 41 / 41 | 0 | 2 |
Rental Market Overview
Median Rent
$1,995
+0.1%
Median DOM
1
0.0%
New Listings
72
Inventory
496
−6.4%
- Average Rent: $2,328
- Median Rent: $1,995
- Rent Range: $1,240 – $7,943
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 996 / 851
- Square Footage Range: 468 – 3,815
- Days on Market (Avg/Median): 13 / 1
- Days on Market Range: 1 – 302
- New Listings: 72
- Total Listings: 496
Rentals by Property Type
Apartment
$1,945
Median DOM: 1
Inventory: 446
MoM: +0.1%
Condo
$2,780
Median DOM: 102
Inventory: 8
MoM: +0.1%
Single Family
$4,000
Median DOM: 23
Inventory: 20
MoM: +0.1%
Townhouse
$3,555
Median DOM: 1
Inventory: 22
MoM: +0.1%
Apartment
Avg/Median Rent$2,137 / $1,945Range$1,240 – $7,943Rent per Sq Ft$2 / $2Sq Ft899 / 804DOM7 / 1New68Total446
Condo
Avg/Median Rent$3,430 / $2,780Range$1,585 – $5,589Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,237DOM151 / 102New0Total8
Single Family
Avg/Median Rent$4,376 / $4,000Range$1,675 – $7,330Rent per Sq Ft$2 / $2Sq Ft2,206 / 2,184DOM34 / 23New3Total20
Townhouse
Avg/Median Rent$3,919 / $3,555Range$2,395 – $7,000Rent per Sq Ft$2 / $2Sq Ft1,838 / 1,884DOM53 / 1New1Total22
Rentals by Bedroom Count
Studio
Avg:$1,642Median:$1,634Range:$1,240 – $2,169PSF:$3 / $3Sq Ft:603 / 587DOM:1 / 1New:9Total:56
1 Beds
Avg:$1,847Median:$1,838Range:$1,395 – $3,950PSF:$3 / $3Sq Ft:741 / 740DOM:7 / 1New:28Total:184
2 Beds
Avg:$2,532Median:$2,470Range:$1,515 – $7,000PSF:$2 / $2Sq Ft:1,116 / 1,097DOM:16 / 1New:30Total:206
3 Beds
Avg:$3,883Median:$3,550Range:$2,030 – $7,943PSF:$2 / $2Sq Ft:1,746 / 1,743DOM:33 / 1New:3Total:38
4 Beds
Avg:$4,113Median:$3,767Range:$3,110 – $6,000PSF:$2 / $2Sq Ft:2,170 / 2,120DOM:32 / 19New:1Total:8
5 Beds
Avg:$5,125Median:$4,800Range:$4,500 – $5,700PSF:$2 / $2Sq Ft:3,124 / 2,621DOM:8 / 2New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,642 | $1,634 | $1,240 – $2,169 | $3 / $3 | 603 / 587 | 1 / 1 | 9 | 56 |
| 1 Beds | $1,847 | $1,838 | $1,395 – $3,950 | $3 / $3 | 741 / 740 | 7 / 1 | 28 | 184 |
| 2 Beds | $2,532 | $2,470 | $1,515 – $7,000 | $2 / $2 | 1,116 / 1,097 | 16 / 1 | 30 | 206 |
| 3 Beds | $3,883 | $3,550 | $2,030 – $7,943 | $2 / $2 | 1,746 / 1,743 | 33 / 1 | 3 | 38 |
| 4 Beds | $4,113 | $3,767 | $3,110 – $6,000 | $2 / $2 | 2,170 / 2,120 | 32 / 19 | 1 | 8 |
| 5 Beds | $5,125 | $4,800 | $4,500 – $5,700 | $2 / $2 | 3,124 / 2,621 | 8 / 2 | 1 | 4 |
6-Month Sales Trend
Feb 2026
Median Price:$640,000Median DOM:29New:35Total:133
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:$628,490Median DOM:72New:6Total:108
6-Month Rental Trend
Feb 2026
Median Rent:$2,080Median DOM:1New:225Total:316
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:$1,995Median DOM:1New:72Total:496
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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