ZIP 85085 Housing Market Report
Phoenix Metro
Report period: August 2026
85085 Monthly Market Update – August 2026
ZIP 85085 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$679,000
−0.1%
Median DOM (Sales)
43
+2.4%
New Listings (Sales)
38
−54.8%
Median Rent
$1,846
+4.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
536
−17.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (6 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($1,030,000 median)
Sales Market Overview
Median Price
$679,000
−0.1%
Median DOM
43
+2.4%
New Listings
38
−54.8%
Inventory
308
−4.0%
- Average Price: $776,754
- Median Price: $679,000
- Price Range: $159,900 – $8,900,000
- Price per Sq Ft (Avg/Median): $295 / $288
- Square Footage (Avg/Median): 2,543 / 2,399
- Square Footage Range: 1,037 – 7,282
- Days on Market (Avg/Median): 72 / 43
- Days on Market Range: 2 – 364
- New Listings: 38
- Total Listings: 308
Sales by Property Type
Condo
Avg/Median Price$496,656 / $495,900Range$387,000 – $622,000Price per Sq Ft$283 / $280Sq Ft1,762 / 1,817DOM30 / 6New4Total9
Land
Avg/Median Price$1,202,281 / $350,000Range$160,000 – $8,900,000Price per Sq Ft—Sq Ft—DOM114 / 83New0Total21
Single Family
Avg/Median Price$828,199 / $775,000Range$159,900 – $2,295,000Price per Sq Ft$295 / $290Sq Ft2,823 / 2,691DOM68 / 42New24Total217
Townhouse
Avg/Median Price$488,581 / $489,900Range$297,500 – $750,000Price per Sq Ft$298 / $287Sq Ft1,662 / 1,500DOM77 / 44New10Total61
Sales by Bedroom Count
2 Beds
Avg:$431,486Median:$405,000Range:$297,500 – $725,000PSF:$312 / $289Sq Ft:1,372 / 1,315DOM:86 / 85New:1Total:39
3 Beds
Avg:$639,462Median:$599,000Range:$159,900 – $1,360,990PSF:$296 / $296Sq Ft:2,153 / 2,174DOM:56 / 39New:22Total:95
4 Beds
Avg:$850,181Median:$799,000Range:$509,900 – $2,200,000PSF:$300 / $294Sq Ft:2,824 / 2,718DOM:69 / 38New:12Total:108
5 Beds
Avg:$916,917Median:$874,990Range:$549,900 – $1,469,900PSF:$261 / $244Sq Ft:3,544 / 3,574DOM:90 / 45New:2Total:34
6 Beds
Avg:$1,239,080Median:$995,000Range:$849,000 – $2,295,000PSF:$285 / $273Sq Ft:4,289 / 4,034DOM:57 / 35New:1Total:10
8 Beds
Avg:$1,030,000Median:$1,030,000Range:$1,030,000 – $1,030,000PSF:$315 / $315Sq Ft:3,265 / 3,265DOM:25 / 25New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $431,486 | $405,000 | $297,500 – $725,000 | $312 / $289 | 1,372 / 1,315 | 86 / 85 | 1 | 39 |
| 3 Beds | $639,462 | $599,000 | $159,900 – $1,360,990 | $296 / $296 | 2,153 / 2,174 | 56 / 39 | 22 | 95 |
| 4 Beds | $850,181 | $799,000 | $509,900 – $2,200,000 | $300 / $294 | 2,824 / 2,718 | 69 / 38 | 12 | 108 |
| 5 Beds | $916,917 | $874,990 | $549,900 – $1,469,900 | $261 / $244 | 3,544 / 3,574 | 90 / 45 | 2 | 34 |
| 6 Beds | $1,239,080 | $995,000 | $849,000 – $2,295,000 | $285 / $273 | 4,289 / 4,034 | 57 / 35 | 1 | 10 |
| 8 Beds | $1,030,000 | $1,030,000 | $1,030,000 – $1,030,000 | $315 / $315 | 3,265 / 3,265 | 25 / 25 | 0 | 1 |
Rental Market Overview
Median Rent
$1,846
+4.9%
Median DOM
1
0.0%
New Listings
163
Inventory
536
−17.5%
- Average Rent: $2,018
- Median Rent: $1,846
- Rent Range: $1,069 – $7,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,247 / 1,085
- Square Footage Range: 468 – 4,632
- Days on Market (Avg/Median): 13 / 1
- Days on Market Range: 1 – 351
- New Listings: 163
- Total Listings: 536
Rentals by Property Type
Apartment
$1,680
Median DOM: 1
Inventory: 419
MoM: +4.9%
Condo
$2,095
Median DOM: 1
Inventory: 2
MoM: +4.9%
Single Family
$2,895
Median DOM: 26
Inventory: 97
MoM: +4.9%
Townhouse
$2,250
Median DOM: 27
Inventory: 18
MoM: +4.9%
Apartment
Avg/Median Rent$1,762 / $1,680Range$1,069 – $3,926Rent per Sq Ft$2 / $2Sq Ft961 / 970DOM5 / 1New152Total419
Condo
Avg/Median Rent$2,218 / $2,095Range$2,095 – $2,340Rent per Sq Ft$1 / $1Sq Ft1,599 / 1,523DOM1 / 1New0Total2
Single Family
Avg/Median Rent$3,072 / $2,895Range$1,100 – $7,500Rent per Sq Ft$1 / $1Sq Ft2,414 / 2,232DOM41 / 26New9Total97
Townhouse
Avg/Median Rent$2,289 / $2,250Range$1,795 – $3,250Rent per Sq Ft$1 / $1Sq Ft1,632 / 1,560DOM48 / 27New2Total18
Rentals by Bedroom Count
Studio
Avg:$1,191Median:$1,115Range:$1,069 – $1,435PSF:$2 / $2Sq Ft:513 / 468DOM:31 / 1New:1Total:12
1 Beds
Avg:$1,615Median:$1,595Range:$1,100 – $2,363PSF:$2 / $2Sq Ft:772 / 766DOM:7 / 1New:74Total:194
2 Beds
Avg:$1,882Median:$1,899Range:$1,367 – $2,904PSF:$2 / $2Sq Ft:1,143 / 1,133DOM:6 / 1New:72Total:205
3 Beds
Avg:$2,550Median:$2,500Range:$1,945 – $3,926PSF:$1 / $1Sq Ft:1,774 / 1,667DOM:31 / 20New:8Total:65
4 Beds
Avg:$3,241Median:$3,000Range:$2,000 – $7,500PSF:$1 / $1Sq Ft:2,427 / 2,391DOM:36 / 21New:5Total:43
5 Beds
Avg:$3,542Median:$3,500Range:$2,650 – $5,500PSF:$1 / $1Sq Ft:3,288 / 3,115DOM:38 / 29New:2Total:15
6 Beds
Avg:$5,995Median:$5,995Range:$5,995 – $5,995PSF:$1 / $1Sq Ft:4,342 / 4,342DOM:4 / 4New:1Total:1
8 Beds
Avg:$4,250Median:$4,250Range:$4,250 – $4,250PSF:$1 / $1Sq Ft:4,242 / 4,242DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,191 | $1,115 | $1,069 – $1,435 | $2 / $2 | 513 / 468 | 31 / 1 | 1 | 12 |
| 1 Beds | $1,615 | $1,595 | $1,100 – $2,363 | $2 / $2 | 772 / 766 | 7 / 1 | 74 | 194 |
| 2 Beds | $1,882 | $1,899 | $1,367 – $2,904 | $2 / $2 | 1,143 / 1,133 | 6 / 1 | 72 | 205 |
| 3 Beds | $2,550 | $2,500 | $1,945 – $3,926 | $1 / $1 | 1,774 / 1,667 | 31 / 20 | 8 | 65 |
| 4 Beds | $3,241 | $3,000 | $2,000 – $7,500 | $1 / $1 | 2,427 / 2,391 | 36 / 21 | 5 | 43 |
| 5 Beds | $3,542 | $3,500 | $2,650 – $5,500 | $1 / $1 | 3,288 / 3,115 | 38 / 29 | 2 | 15 |
| 6 Beds | $5,995 | $5,995 | $5,995 – $5,995 | $1 / $1 | 4,342 / 4,342 | 4 / 4 | 1 | 1 |
| 8 Beds | $4,250 | $4,250 | $4,250 – $4,250 | $1 / $1 | 4,242 / 4,242 | — | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$679,000Median DOM:30New:107Total:311
Apr 2026
Median Price:$675,000Median DOM:31New:99Total:310
May 2026
Median Price:$668,750Median DOM:32New:102Total:329
Jun 2026
Median Price:$695,000Median DOM:37New:98Total:329
Jul 2026
Median Price:$680,000Median DOM:42New:84Total:321
Aug 2026
Median Price:$679,000Median DOM:43New:38Total:308
6-Month Rental Trend
Mar 2026
Median Rent:$1,799Median DOM:1New:312Total:504
Apr 2026
Median Rent:$1,740Median DOM:1New:331Total:537
May 2026
Median Rent:$1,698Median DOM:1New:509Total:737
Jun 2026
Median Rent:$1,695Median DOM:1New:422Total:811
Jul 2026
Median Rent:$1,760Median DOM:1New:253Total:650
Aug 2026
Median Rent:$1,846Median DOM:1New:163Total:536
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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