ZIP 85014 Housing Market Report

Phoenix Metro

Report period: March 2026

85014 Monthly Market Update – March 2026

ZIP 85014 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$498,000
0.0%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
17
−64.6%
Median Rent
$1,490
−0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
497
+8.8%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Land (18 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($1,100,000 median)

Sales Market Overview

Median Price
$498,000
0.0%
Median DOM
31
+3.3%
New Listings
17
−64.6%
Inventory
230
+2.2%
  • Average Price: $642,636
  • Median Price: $498,000
  • Price Range: $129,900 – $4,125,000
  • Price per Sq Ft (Avg/Median): $343 / $316
  • Square Footage (Avg/Median): 1,671 / 1,520
  • Square Footage Range: 411 – 5,850
  • Days on Market (Avg/Median): 75 / 31
  • Days on Market Range: 2 – 361
  • New Listings: 17
  • Total Listings: 230

Sales by Property Type

Condo
Avg/Median Price$459,933 / $285,000Range$129,900 – $2,500,000Price per Sq Ft$310 / $281Sq Ft1,312 / 1,020DOM89 / 68New3Total67
Land
Avg/Median Price$1,416,333 / $750,000Range$499,999 – $2,999,000Price per Sq FtSq FtDOM132 / 18New0Total3
Multi-Family
Avg/Median Price$885,900 / $999,000Range$520,000 – $1,100,000Price per Sq Ft$486 / $388Sq Ft1,553 / 1,700DOM99 / 29New1Total11
Single Family
Avg/Median Price$880,113 / $710,000Range$250,000 – $4,125,000Price per Sq Ft$394 / $383Sq Ft2,126 / 1,921DOM64 / 28New13Total88
Townhouse
Avg/Median Price$418,801 / $379,000Range$178,500 – $799,900Price per Sq Ft$296 / $293Sq Ft1,415 / 1,279DOM71 / 32New0Total61

Sales by Bedroom Count

1 Beds
Avg:$235,636Median:$195,000Range:$129,900 – $999,000PSF:$281 / $281Sq Ft:727 / 742DOM:95 / 73New:1Total:25
2 Beds
Avg:$424,689Median:$319,000Range:$195,000 – $1,450,000PSF:$306 / $289Sq Ft:1,330 / 1,171DOM:93 / 67New:4Total:85
3 Beds
Avg:$667,001Median:$594,000Range:$250,000 – $2,500,000PSF:$361 / $340Sq Ft:1,812 / 1,814DOM:57 / 27New:5Total:67
4 Beds
Avg:$996,352Median:$799,999Range:$500,000 – $3,750,000PSF:$404 / $384Sq Ft:2,382 / 2,200DOM:50 / 26New:7Total:36
5 Beds
Avg:$1,575,900Median:$1,100,000Range:$520,000 – $4,125,000PSF:$482 / $393Sq Ft:3,259 / 2,940DOM:99 / 36New:0Total:10
6 Beds
Avg:$1,395,333Median:$986,000Range:$950,000 – $2,250,000PSF:$393 / $385Sq Ft:4,154 / 2,458DOM:29 / 29New:0Total:3
8 Beds
Avg:$1,065,000Median:$1,065,000Range:$1,065,000 – $1,065,000PSF:Sq Ft:DOM:New:0Total:1

Rental Market Overview

Median Rent
$1,490
−0.3%
Median DOM
1
0.0%
New Listings
162
Inventory
497
+8.8%
  • Average Rent: $1,604
  • Median Rent: $1,490
  • Rent Range: $699 – $10,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 910 / 834
  • Square Footage Range: 338 – 4,254
  • Days on Market (Avg/Median): 36 / 1
  • Days on Market Range: 1 – 343
  • New Listings: 162
  • Total Listings: 497

Rentals by Property Type

Apartment
$1,386
Median DOM: 1
Inventory: 397
MoM: −0.3%
Condo
$1,375
Median DOM: 25
Inventory: 12
MoM: −0.3%
Single Family
$2,430
Median DOM: 30
Inventory: 40
MoM: −0.3%
Townhouse
$1,895
Median DOM: 35
Inventory: 48
MoM: −0.3%
Apartment
Avg/Median Rent$1,444 / $1,386Range$699 – $6,999Rent per Sq Ft$2 / $2Sq Ft820 / 774DOM33 / 1New151Total397
Condo
Avg/Median Rent$1,410 / $1,375Range$850 – $1,950Rent per Sq Ft$2 / $2Sq Ft806 / 765DOM44 / 25New2Total12
Single Family
Avg/Median Rent$2,345 / $2,430Range$799 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,444 / 1,368DOM40 / 30New5Total40
Townhouse
Avg/Median Rent$2,353 / $1,895Range$1,100 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,250 / 1,134DOM55 / 35New4Total48

Rentals by Bedroom Count

Studio
Avg:$935Median:$838Range:$699 – $1,598PSF:$2 / $2Sq Ft:437 / 380DOM:28 / 1New:26Total:54
1 Beds
Avg:$1,208Median:$1,150Range:$795 – $2,400PSF:$2 / $2Sq Ft:653 / 650DOM:28 / 1New:71Total:187
2 Beds
Avg:$1,708Median:$1,650Range:$950 – $6,999PSF:$2 / $2Sq Ft:999 / 1,000DOM:36 / 1New:57Total:178
3 Beds
Avg:$2,717Median:$2,600Range:$1,650 – $10,000PSF:$2 / $2Sq Ft:1,533 / 1,460DOM:60 / 32New:7Total:70
4 Beds
Avg:$3,293Median:$3,095Range:$2,700 – $4,000PSF:$1 / $1Sq Ft:2,640 / 2,293DOM:52 / 30New:1Total:8

6-Month Sales Trend

Oct 2025
Median Price:$499,999Median DOM:43New:29Total:193
Nov 2025
Median Price:$499,900Median DOM:44New:33Total:203
Dec 2025
Median Price:$495,000Median DOM:82New:28Total:184
Jan 2026
Median Price:$474,999Median DOM:52New:51Total:204
Feb 2026
Median Price:$498,000Median DOM:30New:48Total:225
Mar 2026
Median Price:$498,000Median DOM:31New:17Total:230

6-Month Rental Trend

Oct 2025
Median Rent:$1,600Median DOM:53New:56Total:241
Nov 2025
Median Rent:$1,599Median DOM:53New:43Total:247
Dec 2025
Median Rent:$1,590Median DOM:57New:49Total:245
Jan 2026
Median Rent:$1,595Median DOM:48New:58Total:269
Feb 2026
Median Rent:$1,495Median DOM:1New:262Total:457
Mar 2026
Median Rent:$1,490Median DOM:1New:162Total:497

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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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