ZIP 85085 Housing Market Report
Phoenix Metro
Report period: May 2026
85085 Monthly Market Update – May 2026
ZIP 85085 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$659,000
−2.4%
Median DOM (Sales)
31
0.0%
New Listings (Sales)
66
−33.3%
Median Rent
$1,716
−1.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
550
+2.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (6 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($949,900 median)
Sales Market Overview
Median Price
$659,000
−2.4%
Median DOM
31
0.0%
New Listings
66
−33.3%
Inventory
331
+6.8%
- Average Price: $734,232
- Median Price: $659,000
- Price Range: $160,000 – $6,400,000
- Price per Sq Ft (Avg/Median): $295 / $284
- Square Footage (Avg/Median): 2,476 / 2,309
- Square Footage Range: 1,037 – 4,830
- Days on Market (Avg/Median): 60 / 31
- Days on Market Range: 1 – 365
- New Listings: 66
- Total Listings: 331
Sales by Property Type
Condo
Avg/Median Price$468,772 / $475,000Range$385,000 – $600,000Price per Sq Ft$284 / $277Sq Ft1,672 / 1,662DOM30 / 6New8Total18
Land
Avg/Median Price$1,001,557 / $350,000Range$160,000 – $6,400,000Price per Sq Ft—Sq Ft—DOM107 / 90New1Total15
Single Family
Avg/Median Price$801,624 / $738,764Range$425,000 – $2,200,000Price per Sq Ft$297 / $290Sq Ft2,733 / 2,618DOM59 / 31New44Total239
Townhouse
Avg/Median Price$474,263 / $472,000Range$299,999 – $725,000Price per Sq Ft$287 / $278Sq Ft1,680 / 1,529DOM62 / 24New13Total59
Sales by Bedroom Count
2 Beds
Avg:$430,743Median:$418,000Range:$299,999 – $725,000PSF:$300 / $291Sq Ft:1,438 / 1,315DOM:59 / 15New:12Total:47
3 Beds
Avg:$615,612Median:$591,990Range:$349,900 – $1,389,000PSF:$296 / $293Sq Ft:2,087 / 2,026DOM:53 / 30New:20Total:105
4 Beds
Avg:$844,156Median:$789,331Range:$395,000 – $2,200,000PSF:$303 / $293Sq Ft:2,798 / 2,714DOM:58 / 31New:28Total:123
5 Beds
Avg:$915,835Median:$825,000Range:$589,900 – $1,469,900PSF:$256 / $249Sq Ft:3,591 / 3,574DOM:75 / 32New:3Total:34
6 Beds
Avg:$1,164,829Median:$949,900Range:$749,900 – $1,995,000PSF:$273 / $250Sq Ft:4,218 / 4,368DOM:34 / 23New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $430,743 | $418,000 | $299,999 – $725,000 | $300 / $291 | 1,438 / 1,315 | 59 / 15 | 12 | 47 |
| 3 Beds | $615,612 | $591,990 | $349,900 – $1,389,000 | $296 / $293 | 2,087 / 2,026 | 53 / 30 | 20 | 105 |
| 4 Beds | $844,156 | $789,331 | $395,000 – $2,200,000 | $303 / $293 | 2,798 / 2,714 | 58 / 31 | 28 | 123 |
| 5 Beds | $915,835 | $825,000 | $589,900 – $1,469,900 | $256 / $249 | 3,591 / 3,574 | 75 / 32 | 3 | 34 |
| 6 Beds | $1,164,829 | $949,900 | $749,900 – $1,995,000 | $273 / $250 | 4,218 / 4,368 | 34 / 23 | 2 | 7 |
Rental Market Overview
Median Rent
$1,716
−1.4%
Median DOM
1
0.0%
New Listings
191
Inventory
550
+2.4%
- Average Rent: $1,960
- Median Rent: $1,716
- Rent Range: $1,096 – $9,850
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,263 / 1,093
- Square Footage Range: 468 – 4,632
- Days on Market (Avg/Median): 20 / 1
- Days on Market Range: 1 – 358
- New Listings: 191
- Total Listings: 550
Rentals by Property Type
Apartment
$1,609
Median DOM: 1
Inventory: 428
MoM: −1.4%
Condo
$1,895
Median DOM: 1
Inventory: 4
MoM: −1.4%
Single Family
$2,895
Median DOM: 21
Inventory: 100
MoM: −1.4%
Townhouse
$2,150
Median DOM: 41
Inventory: 18
MoM: −1.4%
Apartment
Avg/Median Rent$1,662 / $1,609Range$1,096 – $3,072Rent per Sq Ft$2 / $2Sq Ft979 / 973DOM11 / 1New180Total428
Condo
Avg/Median Rent$2,061 / $1,895Range$1,750 – $2,399Rent per Sq Ft$1 / $1Sq Ft1,438 / 1,285DOM1 / 1New2Total4
Single Family
Avg/Median Rent$3,204 / $2,895Range$1,100 – $9,850Rent per Sq Ft$1 / $1Sq Ft2,447 / 2,232DOM50 / 21New9Total100
Townhouse
Avg/Median Rent$2,113 / $2,150Range$1,650 – $2,450Rent per Sq Ft$1 / $1Sq Ft1,449 / 1,394DOM57 / 41New0Total18
Rentals by Bedroom Count
Studio
Avg:$1,241Median:$1,199Range:$1,148 – $1,381PSF:$2 / $2Sq Ft:532 / 554DOM:209 / 230New:0Total:5
1 Beds
Avg:$1,450Median:$1,411Range:$1,096 – $1,890PSF:$2 / $2Sq Ft:771 / 796DOM:16 / 1New:77Total:189
2 Beds
Avg:$1,792Median:$1,740Range:$1,329 – $4,000PSF:$2 / $2Sq Ft:1,127 / 1,104DOM:10 / 1New:89Total:206
3 Beds
Avg:$2,518Median:$2,375Range:$1,740 – $9,850PSF:$1 / $1Sq Ft:1,708 / 1,497DOM:30 / 1New:20Total:100
4 Beds
Avg:$3,212Median:$2,995Range:$2,200 – $6,000PSF:$1 / $1Sq Ft:2,439 / 2,232DOM:27 / 17New:4Total:33
5 Beds
Avg:$4,150Median:$3,598Range:$2,750 – $7,895PSF:$1 / $1Sq Ft:3,622 / 3,348DOM:53 / 40New:1Total:16
8 Beds
Avg:$4,250Median:$4,250Range:$4,250 – $4,250PSF:$1 / $1Sq Ft:4,242 / 4,242DOM:309 / 309New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,241 | $1,199 | $1,148 – $1,381 | $2 / $2 | 532 / 554 | 209 / 230 | 0 | 5 |
| 1 Beds | $1,450 | $1,411 | $1,096 – $1,890 | $2 / $2 | 771 / 796 | 16 / 1 | 77 | 189 |
| 2 Beds | $1,792 | $1,740 | $1,329 – $4,000 | $2 / $2 | 1,127 / 1,104 | 10 / 1 | 89 | 206 |
| 3 Beds | $2,518 | $2,375 | $1,740 – $9,850 | $1 / $1 | 1,708 / 1,497 | 30 / 1 | 20 | 100 |
| 4 Beds | $3,212 | $2,995 | $2,200 – $6,000 | $1 / $1 | 2,439 / 2,232 | 27 / 17 | 4 | 33 |
| 5 Beds | $4,150 | $3,598 | $2,750 – $7,895 | $1 / $1 | 3,622 / 3,348 | 53 / 40 | 1 | 16 |
| 8 Beds | $4,250 | $4,250 | $4,250 – $4,250 | $1 / $1 | 4,242 / 4,242 | 309 / 309 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$659,000Median DOM:47New:62Total:248
Jan 2026
Median Price:$682,780Median DOM:43New:101Total:267
Feb 2026
Median Price:$679,990Median DOM:28New:91Total:282
Mar 2026
Median Price:$679,000Median DOM:30New:107Total:311
Apr 2026
Median Price:$675,000Median DOM:31New:99Total:310
May 2026
Median Price:$659,000Median DOM:31New:66Total:331
6-Month Rental Trend
Dec 2025
Median Rent:$2,300Median DOM:45New:50Total:188
Jan 2026
Median Rent:$2,176Median DOM:37New:52Total:194
Feb 2026
Median Rent:$1,820Median DOM:1New:252Total:397
Mar 2026
Median Rent:$1,799Median DOM:1New:312Total:504
Apr 2026
Median Rent:$1,740Median DOM:1New:331Total:537
May 2026
Median Rent:$1,716Median DOM:1New:191Total:550
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, while total rental inventory increased.
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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