ZIP 85015 Housing Market Report
Phoenix Metro
Report period: March 2026
85015 Monthly Market Update – March 2026
ZIP 85015 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$379,900
+5.5%
Median DOM (Sales)
33
−15.4%
New Listings (Sales)
16
−59.0%
Median Rent
$1,189
−0.5%
Median DOM (Rental)
22
−15.4%
Total Rental Listings
312
+3.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (30 DOM)
- Fastest renting: Single Family (9 DOM)
- Strongest bedroom: 8 Beds ($825,000 median)
Sales Market Overview
Median Price
$379,900
+5.5%
Median DOM
33
−15.4%
New Listings
16
−59.0%
Inventory
195
+3.7%
- Average Price: $420,406
- Median Price: $379,900
- Price Range: $75,000 – $4,770,000
- Price per Sq Ft (Avg/Median): $253 / $243
- Square Footage (Avg/Median): 1,526 / 1,450
- Square Footage Range: 448 – 8,026
- Days on Market (Avg/Median): 85 / 33
- Days on Market Range: 2 – 365
- New Listings: 16
- Total Listings: 195
Sales by Property Type
Condo
Avg/Median Price$155,880 / $149,500Range$95,000 – $300,000Price per Sq Ft$183 / $185Sq Ft862 / 863DOM105 / 62New2Total25
Land
Avg/Median Price$330,625 / $180,375Range$126,500 – $685,000Price per Sq Ft—Sq Ft—DOM291 / 216New0Total3
Manufactured
Avg/Median Price$87,250 / $79,999Range$79,999 – $94,500Price per Sq Ft$100 / $89Sq Ft888 / 720DOM52 / 30New0Total2
Multi-Family
Avg/Median Price$1,458,857 / $825,000Range$488,000 – $4,770,000Price per Sq Ft$294 / $290Sq Ft2,808 / 2,340DOM106 / 114New1Total7
Single Family
Avg/Median Price$496,061 / $455,000Range$250,000 – $849,000Price per Sq Ft$300 / $298Sq Ft1,734 / 1,610DOM70 / 30New9Total104
Townhouse
Avg/Median Price$279,878 / $292,000Range$75,000 – $459,000Price per Sq Ft$200 / $194Sq Ft1,410 / 1,412DOM97 / 39New4Total54
Sales by Bedroom Count
1 Beds
Avg:$144,483Median:$124,900Range:$95,000 – $250,000PSF:$238 / $200Sq Ft:613 / 640DOM:88 / 68New:1Total:9
2 Beds
Avg:$233,727Median:$199,900Range:$75,000 – $499,000PSF:$227 / $194Sq Ft:1,031 / 992DOM:104 / 39New:1Total:51
3 Beds
Avg:$434,052Median:$399,990Range:$94,500 – $1,780,000PSF:$268 / $267Sq Ft:1,542 / 1,507DOM:69 / 29New:9Total:78
4 Beds
Avg:$518,192Median:$495,000Range:$239,999 – $799,000PSF:$265 / $266Sq Ft:1,963 / 1,861DOM:85 / 84New:5Total:46
5 Beds
Avg:$674,500Median:$650,000Range:$650,000 – $699,000PSF:$250 / $241Sq Ft:2,694 / 2,692DOM:26 / 23New:0Total:2
6 Beds
Avg:$2,088,333Median:$795,000Range:$700,000 – $4,770,000PSF:$99 / $99Sq Ft:8,026 / 8,026DOM:139 / 114New:0Total:3
7 Beds
Avg:$685,000Median:$685,000Range:$685,000 – $685,000PSF:$223 / $223Sq Ft:3,071 / 3,071DOM:99 / 99New:0Total:1
8 Beds
Avg:$887,500Median:$825,000Range:$825,000 – $950,000PSF:$290 / $290Sq Ft:3,275 / 3,275DOM:25 / 25New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $144,483 | $124,900 | $95,000 – $250,000 | $238 / $200 | 613 / 640 | 88 / 68 | 1 | 9 |
| 2 Beds | $233,727 | $199,900 | $75,000 – $499,000 | $227 / $194 | 1,031 / 992 | 104 / 39 | 1 | 51 |
| 3 Beds | $434,052 | $399,990 | $94,500 – $1,780,000 | $268 / $267 | 1,542 / 1,507 | 69 / 29 | 9 | 78 |
| 4 Beds | $518,192 | $495,000 | $239,999 – $799,000 | $265 / $266 | 1,963 / 1,861 | 85 / 84 | 5 | 46 |
| 5 Beds | $674,500 | $650,000 | $650,000 – $699,000 | $250 / $241 | 2,694 / 2,692 | 26 / 23 | 0 | 2 |
| 6 Beds | $2,088,333 | $795,000 | $700,000 – $4,770,000 | $99 / $99 | 8,026 / 8,026 | 139 / 114 | 0 | 3 |
| 7 Beds | $685,000 | $685,000 | $685,000 – $685,000 | $223 / $223 | 3,071 / 3,071 | 99 / 99 | 0 | 1 |
| 8 Beds | $887,500 | $825,000 | $825,000 – $950,000 | $290 / $290 | 3,275 / 3,275 | 25 / 25 | 0 | 2 |
Rental Market Overview
Median Rent
$1,189
−0.5%
Median DOM
22
−15.4%
New Listings
59
Inventory
312
+3.0%
- Average Rent: $1,302
- Median Rent: $1,189
- Rent Range: $599 – $3,772
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 874 / 800
- Square Footage Range: 275 – 4,861
- Days on Market (Avg/Median): 62 / 22
- Days on Market Range: 1 – 356
- New Listings: 59
- Total Listings: 312
Rentals by Property Type
Apartment
$1,092
Median DOM: 20
Inventory: 233
MoM: −0.5%
Condo
$1,100
Median DOM: 32
Inventory: 8
MoM: −0.5%
Single Family
$1,800
Median DOM: 9
Inventory: 48
MoM: −0.5%
Townhouse
$1,595
Median DOM: 48
Inventory: 20
MoM: −0.5%
Apartment
Avg/Median Rent$1,175 / $1,092Range$599 – $3,772Rent per Sq Ft$2 / $2Sq Ft753 / 702DOM65 / 20New41Total233
Condo
Avg/Median Rent$1,236 / $1,100Range$995 – $1,595Rent per Sq Ft$1 / $1Sq Ft920 / 863DOM80 / 32New0Total8
Manufactured
Avg/Median Rent$890 / $890Range$890 – $890Rent per Sq Ft$2 / $2Sq Ft520 / 520DOM37 / 37New0Total2
Multi-Family
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq Ft$2 / $2Sq Ft786 / 786DOM85 / 85New0Total1
Single Family
Avg/Median Rent$1,819 / $1,800Range$825 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,276 / 1,242DOM47 / 9New14Total48
Townhouse
Avg/Median Rent$1,597 / $1,595Range$1,000 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,303 / 1,150DOM58 / 48New4Total20
Rentals by Bedroom Count
Studio
Avg:$907Median:$947Range:$599 – $1,072PSF:$2 / $3Sq Ft:383 / 380DOM:51 / 1New:10Total:30
1 Beds
Avg:$1,179Median:$1,000Range:$699 – $3,772PSF:$2 / $2Sq Ft:702 / 650DOM:77 / 20New:14Total:96
2 Beds
Avg:$1,244Median:$1,250Range:$699 – $2,125PSF:$1 / $1Sq Ft:912 / 850DOM:62 / 28New:24Total:142
3 Beds
Avg:$1,945Median:$1,895Range:$1,195 – $3,100PSF:$1 / $1Sq Ft:1,340 / 1,300DOM:37 / 15New:10Total:34
4 Beds
Avg:$2,306Median:$2,100Range:$1,780 – $3,300PSF:$1 / $1Sq Ft:1,689 / 1,584DOM:52 / 34New:1Total:10
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $907 | $947 | $599 – $1,072 | $2 / $3 | 383 / 380 | 51 / 1 | 10 | 30 |
| 1 Beds | $1,179 | $1,000 | $699 – $3,772 | $2 / $2 | 702 / 650 | 77 / 20 | 14 | 96 |
| 2 Beds | $1,244 | $1,250 | $699 – $2,125 | $1 / $1 | 912 / 850 | 62 / 28 | 24 | 142 |
| 3 Beds | $1,945 | $1,895 | $1,195 – $3,100 | $1 / $1 | 1,340 / 1,300 | 37 / 15 | 10 | 34 |
| 4 Beds | $2,306 | $2,100 | $1,780 – $3,300 | $1 / $1 | 1,689 / 1,584 | 52 / 34 | 1 | 10 |
6-Month Sales Trend
Oct 2025
Median Price:$385,000Median DOM:43New:38Total:208
Nov 2025
Median Price:$387,000Median DOM:43New:34Total:201
Dec 2025
Median Price:$385,000Median DOM:49New:29Total:186
Jan 2026
Median Price:$375,000Median DOM:47New:40Total:186
Feb 2026
Median Price:$360,000Median DOM:39New:39Total:188
Mar 2026
Median Price:$379,900Median DOM:33New:16Total:195
6-Month Rental Trend
Oct 2025
Median Rent:$1,295Median DOM:50New:48Total:230
Nov 2025
Median Rent:$1,250Median DOM:56New:40Total:226
Dec 2025
Median Rent:$1,250Median DOM:65New:36Total:233
Jan 2026
Median Rent:$1,247Median DOM:72New:32Total:222
Feb 2026
Median Rent:$1,195Median DOM:26New:125Total:303
Mar 2026
Median Rent:$1,189Median DOM:22New:59Total:312
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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