ZIP 85086 Housing Market Report

Phoenix Metro

Report period: May 2026

85086 Monthly Market Update – May 2026

ZIP 85086 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$659,900
0.0%
Median DOM (Sales)
33
0.0%
New Listings (Sales)
22
−77.1%
Median Rent
$2,300
+0.2%
Median DOM (Rental)
20
+11.1%
Total Rental Listings
190
−1.0%

Month-over-Month Movement

Median sale prices were flat. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (31 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($1,950,000 median)

Sales Market Overview

Median Price
$659,900
0.0%
Median DOM
33
0.0%
New Listings
22
−77.1%
Inventory
479
+0.4%
  • Average Price: $794,629
  • Median Price: $659,900
  • Price Range: $141,500 – $3,200,000
  • Price per Sq Ft (Avg/Median): $312 / $295
  • Square Footage (Avg/Median): 2,617 / 2,545
  • Square Footage Range: 989 – 7,700
  • Days on Market (Avg/Median): 80 / 33
  • Days on Market Range: 2 – 364
  • New Listings: 22
  • Total Listings: 479

Sales by Property Type

Land
Avg/Median Price$467,480 / $319,000Range$141,500 – $1,750,000Price per Sq FtSq FtDOM135 / 111New0Total40
Manufactured
Avg/Median Price$514,408 / $529,900Range$360,000 – $640,000Price per Sq Ft$284 / $271Sq Ft1,811 / 1,783DOM48 / 31New2Total12
Single Family
Avg/Median Price$854,208 / $729,900Range$320,000 – $3,200,000Price per Sq Ft$316 / $299Sq Ft2,694 / 2,622DOM76 / 33New19Total410
Townhouse
Avg/Median Price$325,300 / $329,900Range$280,000 – $385,000Price per Sq Ft$247 / $248Sq Ft1,323 / 1,204DOM121 / 102New1Total17

Sales by Bedroom Count

2 Beds
Avg:$452,800Median:$429,900Range:$280,000 – $779,900PSF:$287 / $281Sq Ft:1,583 / 1,425DOM:101 / 93New:0Total:46
3 Beds
Avg:$685,414Median:$595,000Range:$327,000 – $2,500,000PSF:$319 / $299Sq Ft:2,124 / 2,001DOM:67 / 33New:9Total:144
4 Beds
Avg:$955,382Median:$935,000Range:$360,000 – $3,200,000PSF:$323 / $305Sq Ft:2,920 / 2,967DOM:78 / 34New:9Total:185
5 Beds
Avg:$944,468Median:$869,900Range:$479,900 – $1,740,000PSF:$273 / $254Sq Ft:3,464 / 3,376DOM:67 / 32New:4Total:56
6 Beds
Avg:$1,544,843Median:$1,595,000Range:$1,195,000 – $1,850,000PSF:$353 / $343Sq Ft:4,439 / 4,520DOM:160 / 210New:0Total:7
7 Beds
Avg:$1,950,000Median:$1,950,000Range:$1,950,000 – $1,950,000PSF:$418 / $418Sq Ft:4,667 / 4,667DOM:32 / 32New:0Total:1

Rental Market Overview

Median Rent
$2,300
+0.2%
Median DOM
20
+11.1%
New Listings
29
Inventory
190
−1.0%
  • Average Rent: $2,703
  • Median Rent: $2,300
  • Rent Range: $1,200 – $7,500
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,807 / 1,620
  • Square Footage Range: 300 – 6,050
  • Days on Market (Avg/Median): 49 / 20
  • Days on Market Range: 1 – 333
  • New Listings: 29
  • Total Listings: 190

Rentals by Property Type

Apartment
$1,531
Median DOM: 1
Inventory: 42
MoM: +0.2%
Condo
Median DOM:
Inventory:
MoM: +0.2%
Single Family
$2,545
Median DOM: 23
Inventory: 141
MoM: +0.2%
Townhouse
$1,975
Median DOM: 7
Inventory: 5
MoM: +0.2%
Apartment
Avg/Median Rent$1,779 / $1,531Range$1,250 – $4,273Rent per Sq Ft$1 / $1Sq Ft1,153 / 1,180DOM49 / 1New10Total42
Manufactured
Avg/Median Rent$1,798 / $1,200Range$1,200 – $2,395Rent per Sq Ft$3 / $1Sq Ft1,018 / 300DOM37 / 20New0Total2
Single Family
Avg/Median Rent$3,019 / $2,545Range$1,400 – $7,500Rent per Sq Ft$2 / $1Sq Ft2,012 / 1,850DOM50 / 23New18Total141
Townhouse
Avg/Median Rent$1,930 / $1,975Range$1,599 – $2,295Rent per Sq Ft$1 / $1Sq Ft1,342 / 1,325DOM32 / 7New1Total5

Rentals by Bedroom Count

Studio
Avg:$1,400Median:$1,400Range:$1,400 – $1,400PSF:$2 / $2Sq Ft:625 / 625DOM:24 / 22New:0Total:2
1 Beds
Avg:$1,440Median:$1,461Range:$1,200 – $1,600PSF:$2 / $2Sq Ft:869 / 915DOM:53 / 1New:5Total:23
2 Beds
Avg:$2,377Median:$1,850Range:$1,276 – $5,000PSF:$2 / $2Sq Ft:1,310 / 1,185DOM:60 / 1New:10Total:43
3 Beds
Avg:$2,962Median:$2,310Range:$1,760 – $7,500PSF:$2 / $1Sq Ft:1,870 / 1,638DOM:43 / 17New:10Total:73
4 Beds
Avg:$3,099Median:$2,700Range:$1,820 – $7,500PSF:$1 / $1Sq Ft:2,576 / 2,455DOM:50 / 31New:3Total:44
5 Beds
Avg:$4,409Median:$2,900Range:$2,735 – $6,500PSF:$2 / $1Sq Ft:2,839 / 2,199DOM:30 / 11New:1Total:4
7 Beds
Avg:$5,250Median:$5,250Range:$5,250 – $5,250PSF:$1 / $1Sq Ft:3,700 / 3,700DOM:32 / 32New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$650,000Median DOM:82New:46Total:440
Jan 2026
Median Price:$660,000Median DOM:53New:106Total:449
Feb 2026
Median Price:$650,000Median DOM:32New:101Total:470
Mar 2026
Median Price:$650,000Median DOM:32New:100Total:500
Apr 2026
Median Price:$659,900Median DOM:33New:96Total:477
May 2026
Median Price:$659,900Median DOM:33New:22Total:479

6-Month Rental Trend

Dec 2025
Median Rent:$2,475Median DOM:57New:26Total:127
Jan 2026
Median Rent:$2,400Median DOM:60New:21Total:123
Feb 2026
Median Rent:$2,305Median DOM:30New:58Total:156
Mar 2026
Median Rent:$2,300Median DOM:20New:66Total:187
Apr 2026
Median Rent:$2,295Median DOM:18New:56Total:192
May 2026
Median Rent:$2,300Median DOM:20New:29Total:190

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. 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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