ZIP 85006 Housing Market Report
Phoenix Metro
Report period: March 2026
85006 Monthly Market Update – March 2026
ZIP 85006 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$490,000
−1.8%
Median DOM (Sales)
31
0.0%
New Listings (Sales)
3
−90.0%
Median Rent
$1,390
−0.4%
Median DOM (Rental)
20
−13.0%
Total Rental Listings
260
+9.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (26 DOM)
- Fastest renting: Apartment (13 DOM)
- Strongest bedroom: 7 Beds ($850,000 median)
Sales Market Overview
Median Price
$490,000
−1.8%
Median DOM
31
0.0%
New Listings
3
−90.0%
Inventory
117
+0.9%
- Average Price: $533,319
- Median Price: $490,000
- Price Range: $79,900 – $1,685,000
- Price per Sq Ft (Avg/Median): $383 / $363
- Square Footage (Avg/Median): 1,484 / 1,444
- Square Footage Range: 648 – 2,600
- Days on Market (Avg/Median): 85 / 31
- Days on Market Range: 1 – 332
- New Listings: 3
- Total Listings: 117
Sales by Property Type
Condo
Avg/Median Price$450,000 / $420,000Range$420,000 – $480,000Price per Sq Ft$338 / $332Sq Ft1,332 / 1,220DOM30 / 29New0Total2
Land
Avg/Median Price$337,364 / $240,000Range$89,000 – $700,000Price per Sq Ft—Sq Ft—DOM100 / 31New0Total11
Multi-Family
Avg/Median Price$740,456 / $774,500Range$79,900 – $1,685,000Price per Sq Ft$428 / $362Sq Ft1,975 / 2,000DOM79 / 63New0Total16
Single Family
Avg/Median Price$522,884 / $499,000Range$249,900 – $1,200,000Price per Sq Ft$381 / $372Sq Ft1,437 / 1,370DOM85 / 31New3Total86
Townhouse
Avg/Median Price$486,000 / $477,000Range$477,000 – $495,000Price per Sq Ft$331 / $319Sq Ft1,468 / 1,444DOM97 / 26New0Total2
Sales by Bedroom Count
1 Beds
Avg:$265,000Median:$265,000Range:$265,000 – $265,000PSF:$409 / $409Sq Ft:648 / 648DOM:149 / 149New:0Total:1
2 Beds
Avg:$472,817Median:$480,000Range:$249,900 – $795,000PSF:$454 / $464Sq Ft:1,054 / 1,008DOM:72 / 29New:1Total:23
3 Beds
Avg:$526,039Median:$499,900Range:$279,000 – $1,200,000PSF:$375 / $359Sq Ft:1,442 / 1,430DOM:79 / 32New:0Total:47
4 Beds
Avg:$590,922Median:$500,000Range:$79,900 – $1,685,000PSF:$343 / $320Sq Ft:1,825 / 1,804DOM:108 / 92New:2Total:23
5 Beds
Avg:$643,833Median:$585,000Range:$425,000 – $820,000PSF:$309 / $266Sq Ft:2,114 / 1,992DOM:69 / 29New:0Total:6
7 Beds
Avg:$912,500Median:$850,000Range:$850,000 – $975,000PSF:$361 / $347Sq Ft:2,525 / 2,450DOM:85 / 25New:0Total:2
8 Beds
Avg:$886,124Median:$824,995Range:$774,500 – $1,050,000PSF:—Sq Ft:—DOM:68 / 31New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $265,000 | $265,000 | $265,000 – $265,000 | $409 / $409 | 648 / 648 | 149 / 149 | 0 | 1 |
| 2 Beds | $472,817 | $480,000 | $249,900 – $795,000 | $454 / $464 | 1,054 / 1,008 | 72 / 29 | 1 | 23 |
| 3 Beds | $526,039 | $499,900 | $279,000 – $1,200,000 | $375 / $359 | 1,442 / 1,430 | 79 / 32 | 0 | 47 |
| 4 Beds | $590,922 | $500,000 | $79,900 – $1,685,000 | $343 / $320 | 1,825 / 1,804 | 108 / 92 | 2 | 23 |
| 5 Beds | $643,833 | $585,000 | $425,000 – $820,000 | $309 / $266 | 2,114 / 1,992 | 69 / 29 | 0 | 6 |
| 7 Beds | $912,500 | $850,000 | $850,000 – $975,000 | $361 / $347 | 2,525 / 2,450 | 85 / 25 | 0 | 2 |
| 8 Beds | $886,124 | $824,995 | $774,500 – $1,050,000 | — | — | 68 / 31 | 0 | 4 |
Rental Market Overview
Median Rent
$1,390
−0.4%
Median DOM
20
−13.0%
New Listings
52
Inventory
260
+9.7%
- Average Rent: $1,490
- Median Rent: $1,390
- Rent Range: $611 – $4,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 814 / 700
- Square Footage Range: 250 – 3,708
- Days on Market (Avg/Median): 59 / 20
- Days on Market Range: 1 – 356
- New Listings: 52
- Total Listings: 260
Rentals by Property Type
Apartment
$1,292
Median DOM: 13
Inventory: 178
MoM: −0.4%
Condo
$1,390
Median DOM: 42
Inventory: 9
MoM: −0.4%
Single Family
$1,995
Median DOM: 28
Inventory: 59
MoM: −0.4%
Townhouse
$1,495
Median DOM: 56
Inventory: 14
MoM: −0.4%
Apartment
Avg/Median Rent$1,335 / $1,292Range$611 – $3,600Rent per Sq Ft$2 / $2Sq Ft743 / 650DOM52 / 13New36Total178
Condo
Avg/Median Rent$1,417 / $1,390Range$800 – $2,450Rent per Sq Ft$2 / $2Sq Ft641 / 700DOM77 / 42New0Total9
Single Family
Avg/Median Rent$1,962 / $1,995Range$745 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,036 / 1,016DOM59 / 28New15Total59
Townhouse
Avg/Median Rent$1,521 / $1,495Range$895 – $2,375Rent per Sq Ft$2 / $2Sq Ft870 / 750DOM136 / 56New1Total14
Rentals by Bedroom Count
Studio
Avg:$992Median:$895Range:$631 – $1,966PSF:$2 / $2Sq Ft:459 / 400DOM:72 / 56New:0Total:22
1 Beds
Avg:$1,242Median:$1,250Range:$611 – $3,600PSF:$2 / $2Sq Ft:652 / 615DOM:61 / 2New:27Total:115
2 Beds
Avg:$1,551Median:$1,495Range:$850 – $3,181PSF:$2 / $2Sq Ft:888 / 885DOM:51 / 20New:20Total:88
3 Beds
Avg:$2,374Median:$2,300Range:$1,395 – $4,000PSF:$2 / $2Sq Ft:1,300 / 1,210DOM:73 / 35New:4Total:30
4 Beds
Avg:$3,000Median:$3,000Range:$2,499 – $3,600PSF:$2 / $2Sq Ft:1,511 / 1,400DOM:36 / 14New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $992 | $895 | $631 – $1,966 | $2 / $2 | 459 / 400 | 72 / 56 | 0 | 22 |
| 1 Beds | $1,242 | $1,250 | $611 – $3,600 | $2 / $2 | 652 / 615 | 61 / 2 | 27 | 115 |
| 2 Beds | $1,551 | $1,495 | $850 – $3,181 | $2 / $2 | 888 / 885 | 51 / 20 | 20 | 88 |
| 3 Beds | $2,374 | $2,300 | $1,395 – $4,000 | $2 / $2 | 1,300 / 1,210 | 73 / 35 | 4 | 30 |
| 4 Beds | $3,000 | $3,000 | $2,499 – $3,600 | $2 / $2 | 1,511 / 1,400 | 36 / 14 | 1 | 5 |
6-Month Sales Trend
Oct 2025
Median Price:$489,900Median DOM:43New:26Total:139
Nov 2025
Median Price:$489,900Median DOM:85New:12Total:129
Dec 2025
Median Price:$477,000Median DOM:95New:13Total:109
Jan 2026
Median Price:$490,000Median DOM:85New:25Total:113
Feb 2026
Median Price:$499,000Median DOM:31New:30Total:116
Mar 2026
Median Price:$490,000Median DOM:31New:3Total:117
6-Month Rental Trend
Oct 2025
Median Rent:$1,400Median DOM:51New:29Total:197
Nov 2025
Median Rent:$1,390Median DOM:66New:25Total:182
Dec 2025
Median Rent:$1,315Median DOM:69New:27Total:173
Jan 2026
Median Rent:$1,350Median DOM:62New:34Total:161
Feb 2026
Median Rent:$1,395Median DOM:23New:109Total:237
Mar 2026
Median Rent:$1,390Median DOM:20New:52Total:260
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.
850038500485006850078500885009850128501385014850158501685017850188502085021850228502385024850278502885029850318503285033850348503585037850408504185042+11 more
← Back to Phoenix Metro