ZIP 85007 Housing Market Report
Phoenix Metro
Report period: March 2026
85007 Monthly Market Update – March 2026
ZIP 85007 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$585,000
−0.7%
Median DOM (Sales)
31
0.0%
New Listings (Sales)
8
−69.2%
Median Rent
$1,250
−2.0%
Median DOM (Rental)
49
−16.9%
Total Rental Listings
92
+2.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (30 DOM)
- Fastest renting: Single Family (17 DOM)
- Strongest bedroom: 4 Beds ($725,000 median)
Sales Market Overview
Median Price
$585,000
−0.7%
Median DOM
31
0.0%
New Listings
8
−69.2%
Inventory
106
0.0%
- Average Price: $642,750
- Median Price: $585,000
- Price Range: $80,000 – $2,395,000
- Price per Sq Ft (Avg/Median): $380 / $373
- Square Footage (Avg/Median): 1,724 / 1,664
- Square Footage Range: 666 – 4,063
- Days on Market (Avg/Median): 85 / 31
- Days on Market Range: 2 – 344
- New Listings: 8
- Total Listings: 106
Sales by Property Type
Land
Avg/Median Price$297,850 / $185,000Range$80,000 – $950,000Price per Sq Ft—Sq Ft—DOM110 / 88New0Total14
Multi-Family
Avg/Median Price$745,320 / $629,000Range$375,000 – $1,900,000Price per Sq Ft$368 / $374Sq Ft1,768 / 1,664DOM100 / 109New2Total15
Single Family
Avg/Median Price$699,159 / $592,500Range$150,000 – $2,395,000Price per Sq Ft$386 / $373Sq Ft1,722 / 1,603DOM77 / 30New5Total68
Townhouse
Avg/Median Price$582,111 / $599,000Range$391,300 – $649,900Price per Sq Ft$343 / $351Sq Ft1,714 / 1,779DOM80 / 30New1Total9
Sales by Bedroom Count
Studio
Avg:$297,000Median:$297,000Range:$297,000 – $297,000PSF:$221 / $221Sq Ft:1,344 / 1,344DOM:74 / 74New:0Total:1
1 Beds
Avg:$391,300Median:$391,300Range:$391,300 – $391,300PSF:$201 / $201Sq Ft:1,946 / 1,946DOM:7 / 7New:1Total:1
2 Beds
Avg:$427,567Median:$349,900Range:$197,000 – $890,000PSF:$384 / $345Sq Ft:1,078 / 977DOM:60 / 28New:0Total:12
3 Beds
Avg:$647,527Median:$610,000Range:$150,000 – $1,615,000PSF:$373 / $358Sq Ft:1,647 / 1,636DOM:77 / 30New:4Total:41
4 Beds
Avg:$825,195Median:$725,000Range:$299,000 – $2,395,000PSF:$401 / $405Sq Ft:2,047 / 1,872DOM:115 / 113New:0Total:19
5 Beds
Avg:$925,117Median:$699,900Range:$200,000 – $2,250,000PSF:$420 / $374Sq Ft:2,259 / 2,200DOM:51 / 23New:2Total:12
6 Beds
Avg:$608,267Median:$699,900Range:$409,900 – $715,000PSF:$360 / $360Sq Ft:1,138 / 1,138DOM:101 / 97New:1Total:3
7 Beds
Avg:$489,000Median:$489,000Range:$489,000 – $489,000PSF:—Sq Ft:—DOM:131 / 131New:0Total:1
8 Beds
Avg:$1,250,000Median:$600,000Range:$600,000 – $1,900,000PSF:$223 / $223Sq Ft:2,688 / 2,688DOM:151 / 120New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $297,000 | $297,000 | $297,000 – $297,000 | $221 / $221 | 1,344 / 1,344 | 74 / 74 | 0 | 1 |
| 1 Beds | $391,300 | $391,300 | $391,300 – $391,300 | $201 / $201 | 1,946 / 1,946 | 7 / 7 | 1 | 1 |
| 2 Beds | $427,567 | $349,900 | $197,000 – $890,000 | $384 / $345 | 1,078 / 977 | 60 / 28 | 0 | 12 |
| 3 Beds | $647,527 | $610,000 | $150,000 – $1,615,000 | $373 / $358 | 1,647 / 1,636 | 77 / 30 | 4 | 41 |
| 4 Beds | $825,195 | $725,000 | $299,000 – $2,395,000 | $401 / $405 | 2,047 / 1,872 | 115 / 113 | 0 | 19 |
| 5 Beds | $925,117 | $699,900 | $200,000 – $2,250,000 | $420 / $374 | 2,259 / 2,200 | 51 / 23 | 2 | 12 |
| 6 Beds | $608,267 | $699,900 | $409,900 – $715,000 | $360 / $360 | 1,138 / 1,138 | 101 / 97 | 1 | 3 |
| 7 Beds | $489,000 | $489,000 | $489,000 – $489,000 | — | — | 131 / 131 | 0 | 1 |
| 8 Beds | $1,250,000 | $600,000 | $600,000 – $1,900,000 | $223 / $223 | 2,688 / 2,688 | 151 / 120 | 0 | 2 |
Rental Market Overview
Median Rent
$1,250
−2.0%
Median DOM
49
−16.9%
New Listings
7
Inventory
92
+2.2%
- Average Rent: $1,433
- Median Rent: $1,250
- Rent Range: $642 – $3,650
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 846 / 644
- Square Footage Range: 288 – 4,338
- Days on Market (Avg/Median): 67 / 49
- Days on Market Range: 1 – 351
- New Listings: 7
- Total Listings: 92
Rentals by Property Type
Apartment
$1,095
Median DOM: 69
Inventory: 44
MoM: −2.0%
Condo
$1,250
Median DOM: 28
Inventory: 6
MoM: −2.0%
Single Family
$1,650
Median DOM: 17
Inventory: 27
MoM: −2.0%
Townhouse
$1,895
Median DOM: 86
Inventory: 15
MoM: −2.0%
Apartment
Avg/Median Rent$1,126 / $1,095Range$642 – $2,450Rent per Sq Ft$2 / $2Sq Ft692 / 600DOM83 / 69New2Total44
Condo
Avg/Median Rent$1,225 / $1,250Range$1,000 – $1,325Rent per Sq Ft$2 / $2Sq Ft569 / 625DOM30 / 28New0Total6
Single Family
Avg/Median Rent$1,765 / $1,650Range$899 – $3,650Rent per Sq Ft$2 / $2Sq Ft1,051 / 900DOM50 / 17New4Total27
Townhouse
Avg/Median Rent$1,821 / $1,895Range$900 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,030 / 600DOM66 / 86New1Total15
Rentals by Bedroom Count
Studio
Avg:$1,003Median:$975Range:$642 – $1,550PSF:$3 / $2Sq Ft:416 / 326DOM:17 / 1New:3Total:14
1 Beds
Avg:$1,107Median:$1,000Range:$750 – $1,750PSF:$2 / $2Sq Ft:609 / 590DOM:81 / 59New:1Total:36
2 Beds
Avg:$1,558Median:$1,345Range:$895 – $2,750PSF:$2 / $2Sq Ft:789 / 745DOM:74 / 80New:2Total:26
3 Beds
Avg:$2,303Median:$2,250Range:$1,350 – $3,650PSF:$1 / $1Sq Ft:1,834 / 1,618DOM:64 / 47New:1Total:13
4 Beds
Avg:$2,475Median:$2,450Range:$2,450 – $2,500PSF:$1 / $1Sq Ft:1,708 / 1,440DOM:47 / 16New:0Total:2
5 Beds
Avg:$2,595Median:$2,595Range:$2,595 – $2,595PSF:$1 / $1Sq Ft:2,100 / 2,100DOM:45 / 45New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,003 | $975 | $642 – $1,550 | $3 / $2 | 416 / 326 | 17 / 1 | 3 | 14 |
| 1 Beds | $1,107 | $1,000 | $750 – $1,750 | $2 / $2 | 609 / 590 | 81 / 59 | 1 | 36 |
| 2 Beds | $1,558 | $1,345 | $895 – $2,750 | $2 / $2 | 789 / 745 | 74 / 80 | 2 | 26 |
| 3 Beds | $2,303 | $2,250 | $1,350 – $3,650 | $1 / $1 | 1,834 / 1,618 | 64 / 47 | 1 | 13 |
| 4 Beds | $2,475 | $2,450 | $2,450 – $2,500 | $1 / $1 | 1,708 / 1,440 | 47 / 16 | 0 | 2 |
| 5 Beds | $2,595 | $2,595 | $2,595 – $2,595 | $1 / $1 | 2,100 / 2,100 | 45 / 45 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$515,000Median DOM:42New:17Total:103
Nov 2025
Median Price:$549,900Median DOM:45New:12Total:101
Dec 2025
Median Price:$570,000Median DOM:83New:13Total:92
Jan 2026
Median Price:$575,000Median DOM:53New:20Total:102
Feb 2026
Median Price:$589,000Median DOM:31New:26Total:106
Mar 2026
Median Price:$585,000Median DOM:31New:8Total:106
6-Month Rental Trend
Oct 2025
Median Rent:$1,400Median DOM:66New:17Total:92
Nov 2025
Median Rent:$1,325Median DOM:56New:19Total:86
Dec 2025
Median Rent:$1,350Median DOM:58New:16Total:84
Jan 2026
Median Rent:$1,300Median DOM:67New:12Total:82
Feb 2026
Median Rent:$1,275Median DOM:59New:23Total:90
Mar 2026
Median Rent:$1,250Median DOM:49New:7Total:92
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. 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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