ZIP 85083 Housing Market Report
Phoenix Metro
Report period: May 2026
85083 Monthly Market Update – May 2026
ZIP 85083 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$699,990
−2.6%
Median DOM (Sales)
31
+6.9%
New Listings (Sales)
6
−82.9%
Median Rent
$2,695
−2.0%
Median DOM (Rental)
14
−17.6%
Total Rental Listings
64
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened.
What's Moving Fastest
- Fastest selling: Land (21 DOM)
- Fastest renting: Single Family (14 DOM)
- Strongest bedroom: 5 Beds ($918,880 median)
Sales Market Overview
Median Price
$699,990
−2.6%
Median DOM
31
+6.9%
New Listings
6
−82.9%
Inventory
122
−2.4%
- Average Price: $795,202
- Median Price: $699,990
- Price Range: $375,000 – $4,200,000
- Price per Sq Ft (Avg/Median): $271 / $269
- Square Footage (Avg/Median): 2,838 / 2,745
- Square Footage Range: 1,286 – 7,756
- Days on Market (Avg/Median): 54 / 31
- Days on Market Range: 2 – 345
- New Listings: 6
- Total Listings: 122
Sales by Property Type
Land
Avg/Median Price$2,700,000 / $1,200,000Range$1,200,000 – $4,200,000Price per Sq Ft—Sq Ft—DOM68 / 21New0Total2
Single Family
Avg/Median Price$763,455 / $685,000Range$375,000 – $4,000,000Price per Sq Ft$271 / $269Sq Ft2,838 / 2,745DOM54 / 31New6Total120
Sales by Bedroom Count
2 Beds
Avg:$427,878Median:$379,990Range:$375,000 – $539,000PSF:$283 / $287Sq Ft:1,566 / 1,307DOM:22 / 25New:1Total:5
3 Beds
Avg:$578,222Median:$518,000Range:$389,900 – $1,200,000PSF:$280 / $282Sq Ft:2,070 / 1,883DOM:38 / 30New:1Total:32
4 Beds
Avg:$727,433Median:$640,000Range:$445,000 – $1,399,000PSF:$273 / $272Sq Ft:2,669 / 2,650DOM:58 / 32New:2Total:50
5 Beds
Avg:$1,090,190Median:$918,880Range:$614,900 – $4,000,000PSF:$269 / $241Sq Ft:3,934 / 3,638DOM:65 / 30New:2Total:24
6 Beds
Avg:$866,400Median:$899,000Range:$759,000 – $999,999PSF:$215 / $217Sq Ft:4,067 / 4,070DOM:84 / 25New:0Total:5
7 Beds
Avg:$1,025,975Median:$749,000Range:$725,000 – $1,459,900PSF:$224 / $184Sq Ft:4,562 / 4,000DOM:67 / 30New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $427,878 | $379,990 | $375,000 – $539,000 | $283 / $287 | 1,566 / 1,307 | 22 / 25 | 1 | 5 |
| 3 Beds | $578,222 | $518,000 | $389,900 – $1,200,000 | $280 / $282 | 2,070 / 1,883 | 38 / 30 | 1 | 32 |
| 4 Beds | $727,433 | $640,000 | $445,000 – $1,399,000 | $273 / $272 | 2,669 / 2,650 | 58 / 32 | 2 | 50 |
| 5 Beds | $1,090,190 | $918,880 | $614,900 – $4,000,000 | $269 / $241 | 3,934 / 3,638 | 65 / 30 | 2 | 24 |
| 6 Beds | $866,400 | $899,000 | $759,000 – $999,999 | $215 / $217 | 4,067 / 4,070 | 84 / 25 | 0 | 5 |
| 7 Beds | $1,025,975 | $749,000 | $725,000 – $1,459,900 | $224 / $184 | 4,562 / 4,000 | 67 / 30 | 0 | 4 |
Rental Market Overview
Median Rent
$2,695
−2.0%
Median DOM
14
−17.6%
New Listings
11
Inventory
64
0.0%
- Average Rent: $2,890
- Median Rent: $2,695
- Rent Range: $1,900 – $6,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,316 / 2,201
- Square Footage Range: 1,257 – 4,070
- Days on Market (Avg/Median): 36 / 14
- Days on Market Range: 1 – 261
- New Listings: 11
- Total Listings: 64
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: −2.0%
Condo
—
Median DOM: —
Inventory: —
MoM: −2.0%
Single Family
$2,695
Median DOM: 14
Inventory: 64
MoM: −2.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −2.0%
Single Family
Avg/Median Rent$2,890 / $2,695Range$1,900 – $6,500Rent per Sq Ft$1 / $1Sq Ft2,316 / 2,201DOM36 / 14New11Total64
Rentals by Bedroom Count
2 Beds
Avg:$2,472Median:$1,986Range:$1,900 – $4,000PSF:$2 / $1Sq Ft:1,337 / 1,306DOM:59 / 14New:0Total:4
3 Beds
Avg:$2,312Median:$2,200Range:$1,989 – $2,899PSF:$1 / $1Sq Ft:1,833 / 1,867DOM:28 / 14New:2Total:21
4 Beds
Avg:$3,014Median:$2,950Range:$2,095 – $4,500PSF:$1 / $1Sq Ft:2,331 / 2,230DOM:37 / 19New:5Total:24
5 Beds
Avg:$3,614Median:$3,200Range:$2,200 – $6,500PSF:$1 / $1Sq Ft:3,232 / 3,200DOM:39 / 7New:4Total:15
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $2,472 | $1,986 | $1,900 – $4,000 | $2 / $1 | 1,337 / 1,306 | 59 / 14 | 0 | 4 |
| 3 Beds | $2,312 | $2,200 | $1,989 – $2,899 | $1 / $1 | 1,833 / 1,867 | 28 / 14 | 2 | 21 |
| 4 Beds | $3,014 | $2,950 | $2,095 – $4,500 | $1 / $1 | 2,331 / 2,230 | 37 / 19 | 5 | 24 |
| 5 Beds | $3,614 | $3,200 | $2,200 – $6,500 | $1 / $1 | 3,232 / 3,200 | 39 / 7 | 4 | 15 |
6-Month Sales Trend
Dec 2025
Median Price:$675,000Median DOM:49New:18Total:107
Jan 2026
Median Price:$690,000Median DOM:44New:26Total:102
Feb 2026
Median Price:$639,000Median DOM:29New:25Total:98
Mar 2026
Median Price:$649,000Median DOM:29New:43Total:125
Apr 2026
Median Price:$719,000Median DOM:29New:35Total:125
May 2026
Median Price:$699,990Median DOM:31New:6Total:122
6-Month Rental Trend
Dec 2025
Median Rent:$2,500Median DOM:40New:13Total:57
Jan 2026
Median Rent:$2,500Median DOM:40New:18Total:58
Feb 2026
Median Rent:$2,500Median DOM:24New:24Total:65
Mar 2026
Median Rent:$2,500Median DOM:18New:27Total:71
Apr 2026
Median Rent:$2,750Median DOM:17New:19Total:64
May 2026
Median Rent:$2,695Median DOM:14New:11Total:64
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory was flat.
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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