ZIP 85017 Housing Market Report
Phoenix Metro
Report period: March 2026
85017 Monthly Market Update – March 2026
ZIP 85017 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$315,000
+5.0%
Median DOM (Sales)
35
+12.9%
New Listings (Sales)
3
−82.4%
Median Rent
$1,195
+2.8%
Median DOM (Rental)
25
−3.8%
Total Rental Listings
115
−0.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (30 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($589,999 median)
Sales Market Overview
Median Price
$315,000
+5.0%
Median DOM
35
+12.9%
New Listings
3
−82.4%
Inventory
98
−2.0%
- Average Price: $335,477
- Median Price: $315,000
- Price Range: $72,000 – $4,100,000
- Price per Sq Ft (Avg/Median): $202 / $208
- Square Footage (Avg/Median): 1,329 / 1,328
- Square Footage Range: 477 – 2,756
- Days on Market (Avg/Median): 90 / 35
- Days on Market Range: 2 – 364
- New Listings: 3
- Total Listings: 98
Sales by Property Type
Condo
Avg/Median Price$100,519 / $90,000Range$72,000 – $199,999Price per Sq Ft$143 / $133Sq Ft718 / 728DOM152 / 124New0Total15
Land
Avg/Median Price$2,078,333 / $2,000,000Range$135,000 – $4,100,000Price per Sq Ft—Sq Ft—DOM77 / 65New0Total3
Multi-Family
Avg/Median Price$640,000 / $589,999Range$589,999 – $690,000Price per Sq Ft—Sq Ft—DOM167 / 167New0Total2
Single Family
Avg/Median Price$349,041 / $340,000Range$199,998 – $639,000Price per Sq Ft$229 / $233Sq Ft1,573 / 1,500DOM68 / 30New3Total57
Townhouse
Avg/Median Price$188,504 / $179,000Range$73,900 – $355,000Price per Sq Ft$172 / $176Sq Ft1,103 / 988DOM107 / 104New0Total21
Sales by Bedroom Count
Studio
Avg:$72,000Median:$72,000Range:$72,000 – $72,000PSF:$131 / $131Sq Ft:550 / 550DOM:183 / 183New:0Total:1
1 Beds
Avg:$92,057Median:$84,995Range:$72,000 – $150,000PSF:$138 / $133Sq Ft:695 / 660DOM:144 / 116New:0Total:12
2 Beds
Avg:$170,207Median:$169,000Range:$90,000 – $329,999PSF:$184 / $182Sq Ft:906 / 880DOM:114 / 31New:0Total:14
3 Beds
Avg:$296,714Median:$319,500Range:$99,999 – $449,900PSF:$219 / $229Sq Ft:1,393 / 1,328DOM:71 / 30New:1Total:39
4 Beds
Avg:$377,020Median:$370,000Range:$224,990 – $639,000PSF:$224 / $222Sq Ft:1,704 / 1,656DOM:81 / 32New:2Total:19
5 Beds
Avg:$387,414Median:$379,000Range:$299,000 – $450,000PSF:$210 / $208Sq Ft:1,870 / 1,825DOM:51 / 29New:0Total:7
6 Beds
Avg:$545,000Median:$589,999Range:$355,000 – $690,000PSF:$161 / $161Sq Ft:2,200 / 2,200DOM:201 / 167New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $72,000 | $72,000 | $72,000 – $72,000 | $131 / $131 | 550 / 550 | 183 / 183 | 0 | 1 |
| 1 Beds | $92,057 | $84,995 | $72,000 – $150,000 | $138 / $133 | 695 / 660 | 144 / 116 | 0 | 12 |
| 2 Beds | $170,207 | $169,000 | $90,000 – $329,999 | $184 / $182 | 906 / 880 | 114 / 31 | 0 | 14 |
| 3 Beds | $296,714 | $319,500 | $99,999 – $449,900 | $219 / $229 | 1,393 / 1,328 | 71 / 30 | 1 | 39 |
| 4 Beds | $377,020 | $370,000 | $224,990 – $639,000 | $224 / $222 | 1,704 / 1,656 | 81 / 32 | 2 | 19 |
| 5 Beds | $387,414 | $379,000 | $299,000 – $450,000 | $210 / $208 | 1,870 / 1,825 | 51 / 29 | 0 | 7 |
| 6 Beds | $545,000 | $589,999 | $355,000 – $690,000 | $161 / $161 | 2,200 / 2,200 | 201 / 167 | 0 | 3 |
Rental Market Overview
Median Rent
$1,195
+2.8%
Median DOM
25
−3.8%
New Listings
30
Inventory
115
−0.9%
- Average Rent: $1,228
- Median Rent: $1,195
- Rent Range: $595 – $2,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 815 / 728
- Square Footage Range: 300 – 2,000
- Days on Market (Avg/Median): 74 / 25
- Days on Market Range: 1 – 363
- New Listings: 30
- Total Listings: 115
Rentals by Property Type
Apartment
$999
Median DOM: 1
Inventory: 72
MoM: +2.8%
Condo
$1,250
Median DOM: 9
Inventory: 3
MoM: +2.8%
Single Family
$1,715
Median DOM: 27
Inventory: 27
MoM: +2.8%
Townhouse
$1,345
Median DOM: 63
Inventory: 13
MoM: +2.8%
Apartment
Avg/Median Rent$1,060 / $999Range$595 – $1,617Rent per Sq Ft$2 / $2Sq Ft666 / 652DOM90 / 1New21Total72
Condo
Avg/Median Rent$1,482 / $1,250Range$895 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,232 / 968DOM23 / 9New2Total3
Single Family
Avg/Median Rent$1,587 / $1,715Range$795 – $2,199Rent per Sq Ft$2 / $1Sq Ft1,123 / 1,100DOM37 / 27New6Total27
Townhouse
Avg/Median Rent$1,353 / $1,345Range$1,095 – $1,850Rent per Sq Ft$1 / $2Sq Ft918 / 968DOM69 / 63New1Total13
Rentals by Bedroom Count
Studio
Avg:$862Median:$851Range:$675 – $1,028PSF:$2 / $2Sq Ft:399 / 438DOM:117 / 1New:6Total:13
1 Beds
Avg:$1,015Median:$995Range:$595 – $1,391PSF:$2 / $2Sq Ft:621 / 652DOM:89 / 1New:11Total:40
2 Beds
Avg:$1,232Median:$1,250Range:$795 – $1,617PSF:$1 / $2Sq Ft:855 / 880DOM:53 / 25New:9Total:40
3 Beds
Avg:$1,840Median:$1,805Range:$1,345 – $2,300PSF:$1 / $1Sq Ft:1,307 / 1,298DOM:66 / 49New:2Total:17
4 Beds
Avg:$1,779Median:$1,950Range:$925 – $2,095PSF:$1 / $1Sq Ft:1,635 / 1,503DOM:41 / 25New:2Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $862 | $851 | $675 – $1,028 | $2 / $2 | 399 / 438 | 117 / 1 | 6 | 13 |
| 1 Beds | $1,015 | $995 | $595 – $1,391 | $2 / $2 | 621 / 652 | 89 / 1 | 11 | 40 |
| 2 Beds | $1,232 | $1,250 | $795 – $1,617 | $1 / $2 | 855 / 880 | 53 / 25 | 9 | 40 |
| 3 Beds | $1,840 | $1,805 | $1,345 – $2,300 | $1 / $1 | 1,307 / 1,298 | 66 / 49 | 2 | 17 |
| 4 Beds | $1,779 | $1,950 | $925 – $2,095 | $1 / $1 | 1,635 / 1,503 | 41 / 25 | 2 | 5 |
6-Month Sales Trend
Oct 2025
Median Price:$305,000Median DOM:82New:17Total:102
Nov 2025
Median Price:$304,900Median DOM:42New:16Total:95
Dec 2025
Median Price:$299,000Median DOM:81New:11Total:83
Jan 2026
Median Price:$285,000Median DOM:47New:27Total:94
Feb 2026
Median Price:$300,000Median DOM:31New:17Total:100
Mar 2026
Median Price:$315,000Median DOM:35New:3Total:98
6-Month Rental Trend
Oct 2025
Median Rent:$1,300Median DOM:52New:17Total:67
Nov 2025
Median Rent:$1,300Median DOM:65New:8Total:66
Dec 2025
Median Rent:$1,250Median DOM:65New:19Total:79
Jan 2026
Median Rent:$1,195Median DOM:66New:20Total:88
Feb 2026
Median Rent:$1,163Median DOM:26New:45Total:116
Mar 2026
Median Rent:$1,195Median DOM:25New:30Total:115
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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