ZIP 85018 Housing Market Report
Phoenix Metro
Report period: March 2026
85018 Monthly Market Update – March 2026
ZIP 85018 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,150,000
−2.1%
Median DOM (Sales)
30
0.0%
New Listings (Sales)
31
−65.6%
Median Rent
$1,500
+0.3%
Median DOM (Rental)
22
−18.5%
Total Rental Listings
475
+5.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (29 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($4,700,000 median)
Sales Market Overview
Median Price
$1,150,000
−2.1%
Median DOM
30
0.0%
New Listings
31
−65.6%
Inventory
423
+4.7%
- Average Price: $1,752,670
- Median Price: $1,150,000
- Price Range: $79,000 – $9,985,000
- Price per Sq Ft (Avg/Median): $561 / $497
- Square Footage (Avg/Median): 2,586 / 2,213
- Square Footage Range: 510 – 11,103
- Days on Market (Avg/Median): 76 / 30
- Days on Market Range: 1 – 364
- New Listings: 31
- Total Listings: 423
Sales by Property Type
Condo
Avg/Median Price$312,132 / $285,000Range$169,000 – $564,000Price per Sq Ft$320 / $318Sq Ft988 / 982DOM80 / 44New9Total65
Land
Avg/Median Price$2,311,000 / $2,495,000Range$79,000 – $4,295,000Price per Sq Ft—Sq Ft—DOM90 / 30New1Total12
Multi-Family
Avg/Median Price$1,337,312 / $679,000Range$679,000 – $1,995,624Price per Sq Ft—Sq Ft—DOM103 / 31New0Total2
Single Family
Avg/Median Price$2,445,464 / $1,925,000Range$295,000 – $9,985,000Price per Sq Ft$676 / $638Sq Ft3,329 / 3,013DOM69 / 29New18Total264
Townhouse
Avg/Median Price$563,521 / $450,000Range$150,000 – $1,950,000Price per Sq Ft$379 / $337Sq Ft1,430 / 1,332DOM92 / 68New3Total80
Sales by Bedroom Count
Studio
Avg:$245,000Median:$245,000Range:$245,000 – $245,000PSF:$469 / $469Sq Ft:522 / 522DOM:32 / 32New:0Total:1
1 Beds
Avg:$256,304Median:$225,000Range:$150,000 – $395,000PSF:$350 / $324Sq Ft:742 / 749DOM:70 / 30New:7Total:24
2 Beds
Avg:$384,789Median:$365,000Range:$185,000 – $1,495,000PSF:$332 / $324Sq Ft:1,138 / 1,091DOM:92 / 68New:5Total:93
3 Beds
Avg:$1,201,983Median:$924,900Range:$300,000 – $8,800,000PSF:$551 / $485Sq Ft:2,053 / 1,933DOM:71 / 30New:3Total:86
4 Beds
Avg:$2,097,767Median:$1,925,000Range:$599,000 – $6,800,000PSF:$649 / $624Sq Ft:3,108 / 2,986DOM:73 / 29New:11Total:129
5 Beds
Avg:$3,549,496Median:$2,850,000Range:$795,000 – $9,985,000PSF:$764 / $707Sq Ft:4,348 / 4,032DOM:71 / 29New:3Total:62
6 Beds
Avg:$4,836,069Median:$4,695,000Range:$1,100,000 – $9,500,000PSF:$819 / $825Sq Ft:5,506 / 5,729DOM:59 / 29New:1Total:13
7 Beds
Avg:$6,275,000Median:$4,700,000Range:$4,700,000 – $7,850,000PSF:$693 / $680Sq Ft:9,010 / 6,916DOM:36 / 29New:0Total:2
8 Beds
Avg:$1,995,624Median:$1,995,624Range:$1,995,624 – $1,995,624PSF:—Sq Ft:—DOM:31 / 31New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $245,000 | $245,000 | $245,000 – $245,000 | $469 / $469 | 522 / 522 | 32 / 32 | 0 | 1 |
| 1 Beds | $256,304 | $225,000 | $150,000 – $395,000 | $350 / $324 | 742 / 749 | 70 / 30 | 7 | 24 |
| 2 Beds | $384,789 | $365,000 | $185,000 – $1,495,000 | $332 / $324 | 1,138 / 1,091 | 92 / 68 | 5 | 93 |
| 3 Beds | $1,201,983 | $924,900 | $300,000 – $8,800,000 | $551 / $485 | 2,053 / 1,933 | 71 / 30 | 3 | 86 |
| 4 Beds | $2,097,767 | $1,925,000 | $599,000 – $6,800,000 | $649 / $624 | 3,108 / 2,986 | 73 / 29 | 11 | 129 |
| 5 Beds | $3,549,496 | $2,850,000 | $795,000 – $9,985,000 | $764 / $707 | 4,348 / 4,032 | 71 / 29 | 3 | 62 |
| 6 Beds | $4,836,069 | $4,695,000 | $1,100,000 – $9,500,000 | $819 / $825 | 5,506 / 5,729 | 59 / 29 | 1 | 13 |
| 7 Beds | $6,275,000 | $4,700,000 | $4,700,000 – $7,850,000 | $693 / $680 | 9,010 / 6,916 | 36 / 29 | 0 | 2 |
| 8 Beds | $1,995,624 | $1,995,624 | $1,995,624 – $1,995,624 | — | — | 31 / 31 | 0 | 1 |
Rental Market Overview
Median Rent
$1,500
+0.3%
Median DOM
22
−18.5%
New Listings
128
Inventory
475
+5.1%
- Average Rent: $2,138
- Median Rent: $1,500
- Rent Range: $599 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,052 / 810
- Square Footage Range: 300 – 5,489
- Days on Market (Avg/Median): 57 / 22
- Days on Market Range: 1 – 343
- New Listings: 128
- Total Listings: 475
Rentals by Property Type
Apartment
$1,295
Median DOM: 2
Inventory: 342
MoM: +0.3%
Condo
$1,495
Median DOM: 1
Inventory: 4
MoM: +0.3%
Single Family
$4,950
Median DOM: 28
Inventory: 66
MoM: +0.3%
Townhouse
$2,500
Median DOM: 71
Inventory: 63
MoM: +0.3%
Apartment
Avg/Median Rent$1,425 / $1,295Range$599 – $7,050Rent per Sq Ft$2 / $2Sq Ft765 / 700DOM51 / 2New104Total342
Condo
Avg/Median Rent$1,559 / $1,495Range$1,395 – $1,695Rent per Sq Ft$2 / $2Sq Ft914 / 838DOM16 / 1New2Total4
Single Family
Avg/Median Rent$5,298 / $4,950Range$1,050 – $10,000Rent per Sq Ft$2 / $2Sq Ft2,222 / 2,100DOM58 / 28New13Total66
Townhouse
Avg/Median Rent$2,738 / $2,500Range$1,195 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,388 / 1,332DOM84 / 71New9Total63
Rentals by Bedroom Count
Studio
Avg:$956Median:$949Range:$599 – $1,574PSF:$2 / $2Sq Ft:428 / 440DOM:63 / 1New:18Total:55
1 Beds
Avg:$1,303Median:$1,173Range:$825 – $3,900PSF:$2 / $2Sq Ft:698 / 625DOM:48 / 1New:61Total:179
2 Beds
Avg:$1,938Median:$1,745Range:$995 – $7,050PSF:$2 / $2Sq Ft:1,022 / 950DOM:50 / 22New:36Total:143
3 Beds
Avg:$3,569Median:$2,950Range:$1,595 – $10,000PSF:$2 / $2Sq Ft:1,755 / 1,781DOM:76 / 57New:9Total:67
4 Beds
Avg:$6,718Median:$7,250Range:$2,845 – $10,000PSF:$2 / $2Sq Ft:2,808 / 2,634DOM:76 / 42New:4Total:28
5 Beds
Avg:$8,548Median:$8,900Range:$6,750 – $9,995PSF:$3 / $3Sq Ft:2,920 / 3,067DOM:122 / 117New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $956 | $949 | $599 – $1,574 | $2 / $2 | 428 / 440 | 63 / 1 | 18 | 55 |
| 1 Beds | $1,303 | $1,173 | $825 – $3,900 | $2 / $2 | 698 / 625 | 48 / 1 | 61 | 179 |
| 2 Beds | $1,938 | $1,745 | $995 – $7,050 | $2 / $2 | 1,022 / 950 | 50 / 22 | 36 | 143 |
| 3 Beds | $3,569 | $2,950 | $1,595 – $10,000 | $2 / $2 | 1,755 / 1,781 | 76 / 57 | 9 | 67 |
| 4 Beds | $6,718 | $7,250 | $2,845 – $10,000 | $2 / $2 | 2,808 / 2,634 | 76 / 42 | 4 | 28 |
| 5 Beds | $8,548 | $8,900 | $6,750 – $9,995 | $3 / $3 | 2,920 / 3,067 | 122 / 117 | 0 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$1,195,000Median DOM:41New:83Total:394
Nov 2025
Median Price:$1,215,000Median DOM:41New:69Total:406
Dec 2025
Median Price:$1,249,000Median DOM:52New:53Total:374
Jan 2026
Median Price:$1,299,000Median DOM:48New:97Total:395
Feb 2026
Median Price:$1,175,000Median DOM:30New:90Total:404
Mar 2026
Median Price:$1,150,000Median DOM:30New:31Total:423
6-Month Rental Trend
Oct 2025
Median Rent:$1,795Median DOM:59New:48Total:340
Nov 2025
Median Rent:$1,745Median DOM:68New:46Total:319
Dec 2025
Median Rent:$1,695Median DOM:67New:60Total:313
Jan 2026
Median Rent:$1,631Median DOM:61New:71Total:331
Feb 2026
Median Rent:$1,495Median DOM:27New:166Total:452
Mar 2026
Median Rent:$1,500Median DOM:22New:128Total:475
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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