ZIP 85020 Housing Market Report
Phoenix Metro
Report period: March 2026
85020 Monthly Market Update – March 2026
ZIP 85020 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$419,000
0.0%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
20
−70.1%
Median Rent
$1,422
−1.9%
Median DOM (Rental)
4
−50.0%
Total Rental Listings
305
+9.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (29 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,350,000 median)
Sales Market Overview
Median Price
$419,000
0.0%
Median DOM
31
+3.3%
New Listings
20
−70.1%
Inventory
317
+4.3%
- Average Price: $594,894
- Median Price: $419,000
- Price Range: $27,000 – $3,995,000
- Price per Sq Ft (Avg/Median): $326 / $305
- Square Footage (Avg/Median): 1,709 / 1,440
- Square Footage Range: 600 – 6,564
- Days on Market (Avg/Median): 81 / 31
- Days on Market Range: 1 – 362
- New Listings: 20
- Total Listings: 317
Sales by Property Type
Condo
Avg/Median Price$273,307 / $264,900Range$150,000 – $485,000Price per Sq Ft$277 / $272Sq Ft991 / 1,011DOM89 / 39New1Total55
Land
Avg/Median Price$474,077 / $350,000Range$69,900 – $1,300,000Price per Sq Ft—Sq Ft—DOM171 / 157New0Total22
Manufactured
Avg/Median Price$39,237 / $30,500Range$27,000 – $59,000Price per Sq Ft$47 / $42Sq Ft836 / 850DOM86 / 88New0Total8
Multi-Family
Avg/Median Price$665,611 / $545,000Range$380,000 – $1,050,000Price per Sq Ft$1,027 / $304Sq Ft1,040 / 600DOM111 / 127New0Total8
Single Family
Avg/Median Price$899,932 / $675,000Range$168,000 – $3,995,000Price per Sq Ft$375 / $356Sq Ft2,282 / 1,991DOM65 / 29New12Total135
Townhouse
Avg/Median Price$404,383 / $349,900Range$195,000 – $929,000Price per Sq Ft$293 / $292Sq Ft1,375 / 1,337DOM75 / 31New7Total89
Sales by Bedroom Count
1 Beds
Avg:$199,031Median:$219,500Range:$30,000 – $333,000PSF:$270 / $291Sq Ft:737 / 685DOM:95 / 97New:1Total:16
2 Beds
Avg:$308,736Median:$309,900Range:$27,000 – $720,000PSF:$278 / $277Sq Ft:1,102 / 1,038DOM:77 / 31New:3Total:108
3 Beds
Avg:$609,999Median:$545,000Range:$29,999 – $1,900,000PSF:$333 / $307Sq Ft:1,766 / 1,730DOM:73 / 29New:9Total:103
4 Beds
Avg:$984,063Median:$829,995Range:$275,000 – $2,700,000PSF:$362 / $343Sq Ft:2,636 / 2,494DOM:79 / 30New:4Total:44
5 Beds
Avg:$1,488,679Median:$1,350,000Range:$544,900 – $3,995,000PSF:$465 / $461Sq Ft:3,335 / 3,065DOM:42 / 29New:3Total:19
6 Beds
Avg:$1,539,998Median:$889,990Range:$875,000 – $2,995,000PSF:$403 / $349Sq Ft:5,287 / 4,010DOM:56 / 29New:0Total:4
8 Beds
Avg:$1,050,000Median:$1,050,000Range:$1,050,000 – $1,050,000PSF:$1,750 / $1,750Sq Ft:600 / 600DOM:127 / 127New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $199,031 | $219,500 | $30,000 – $333,000 | $270 / $291 | 737 / 685 | 95 / 97 | 1 | 16 |
| 2 Beds | $308,736 | $309,900 | $27,000 – $720,000 | $278 / $277 | 1,102 / 1,038 | 77 / 31 | 3 | 108 |
| 3 Beds | $609,999 | $545,000 | $29,999 – $1,900,000 | $333 / $307 | 1,766 / 1,730 | 73 / 29 | 9 | 103 |
| 4 Beds | $984,063 | $829,995 | $275,000 – $2,700,000 | $362 / $343 | 2,636 / 2,494 | 79 / 30 | 4 | 44 |
| 5 Beds | $1,488,679 | $1,350,000 | $544,900 – $3,995,000 | $465 / $461 | 3,335 / 3,065 | 42 / 29 | 3 | 19 |
| 6 Beds | $1,539,998 | $889,990 | $875,000 – $2,995,000 | $403 / $349 | 5,287 / 4,010 | 56 / 29 | 0 | 4 |
| 8 Beds | $1,050,000 | $1,050,000 | $1,050,000 – $1,050,000 | $1,750 / $1,750 | 600 / 600 | 127 / 127 | 0 | 1 |
Rental Market Overview
Median Rent
$1,422
−1.9%
Median DOM
4
−50.0%
New Listings
98
Inventory
305
+9.3%
- Average Rent: $1,629
- Median Rent: $1,422
- Rent Range: $699 – $6,750
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,008 / 888
- Square Footage Range: 390 – 3,433
- Days on Market (Avg/Median): 42 / 4
- Days on Market Range: 1 – 364
- New Listings: 98
- Total Listings: 305
Rentals by Property Type
Apartment
$1,320
Median DOM: 1
Inventory: 210
MoM: −1.9%
Condo
$1,200
Median DOM: 30
Inventory: 10
MoM: −1.9%
Single Family
$2,000
Median DOM: 26
Inventory: 49
MoM: −1.9%
Townhouse
$1,900
Median DOM: 37
Inventory: 35
MoM: −1.9%
Apartment
Avg/Median Rent$1,389 / $1,320Range$699 – $5,211Rent per Sq Ft$2 / $2Sq Ft866 / 834DOM35 / 1New83Total210
Condo
Avg/Median Rent$1,392 / $1,200Range$1,075 – $1,899Rent per Sq Ft$2 / $2Sq Ft954 / 1,023DOM67 / 30New0Total10
Multi-Family
Avg/Median Rent$1,195 / $1,195Range$1,195 – $1,195Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM84 / 84New0Total1
Single Family
Avg/Median Rent$2,385 / $2,000Range$749 – $6,750Rent per Sq Ft$2 / $2Sq Ft1,443 / 1,260DOM50 / 26New13Total49
Townhouse
Avg/Median Rent$2,091 / $1,900Range$1,350 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,274 / 1,116DOM65 / 37New2Total35
Rentals by Bedroom Count
Studio
Avg:$998Median:$1,050Range:$699 – $1,300PSF:$2 / $2Sq Ft:456 / 450DOM:42 / 1New:1Total:11
1 Beds
Avg:$1,213Median:$1,195Range:$749 – $2,100PSF:$2 / $2Sq Ft:706 / 731DOM:31 / 1New:38Total:96
2 Beds
Avg:$1,567Median:$1,477Range:$875 – $3,750PSF:$2 / $1Sq Ft:1,000 / 1,000DOM:46 / 8New:47Total:141
3 Beds
Avg:$2,247Median:$2,095Range:$1,500 – $3,950PSF:$2 / $2Sq Ft:1,414 / 1,350DOM:60 / 26New:8Total:44
4 Beds
Avg:$3,016Median:$2,600Range:$2,200 – $5,211PSF:$2 / $1Sq Ft:2,078 / 1,868DOM:43 / 24New:1Total:8
5 Beds
Avg:$4,972Median:$3,195Range:$3,195 – $6,750PSF:$2 / $2Sq Ft:2,742 / 2,050DOM:23 / 4New:1Total:2
8 Beds
Avg:$5,197Median:$5,295Range:$5,000 – $5,295PSF:$2 / $2Sq Ft:3,033 / 3,275DOM:14 / 4New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $998 | $1,050 | $699 – $1,300 | $2 / $2 | 456 / 450 | 42 / 1 | 1 | 11 |
| 1 Beds | $1,213 | $1,195 | $749 – $2,100 | $2 / $2 | 706 / 731 | 31 / 1 | 38 | 96 |
| 2 Beds | $1,567 | $1,477 | $875 – $3,750 | $2 / $1 | 1,000 / 1,000 | 46 / 8 | 47 | 141 |
| 3 Beds | $2,247 | $2,095 | $1,500 – $3,950 | $2 / $2 | 1,414 / 1,350 | 60 / 26 | 8 | 44 |
| 4 Beds | $3,016 | $2,600 | $2,200 – $5,211 | $2 / $1 | 2,078 / 1,868 | 43 / 24 | 1 | 8 |
| 5 Beds | $4,972 | $3,195 | $3,195 – $6,750 | $2 / $2 | 2,742 / 2,050 | 23 / 4 | 1 | 2 |
| 8 Beds | $5,197 | $5,295 | $5,000 – $5,295 | $2 / $2 | 3,033 / 3,275 | 14 / 4 | 2 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$398,000Median DOM:43New:68Total:347
Nov 2025
Median Price:$415,000Median DOM:43New:28Total:326
Dec 2025
Median Price:$400,000Median DOM:85New:40Total:278
Jan 2026
Median Price:$398,000Median DOM:47New:83Total:297
Feb 2026
Median Price:$419,000Median DOM:30New:67Total:304
Mar 2026
Median Price:$419,000Median DOM:31New:20Total:317
6-Month Rental Trend
Oct 2025
Median Rent:$1,550Median DOM:49New:47Total:196
Nov 2025
Median Rent:$1,512Median DOM:56New:23Total:171
Dec 2025
Median Rent:$1,500Median DOM:66New:27Total:166
Jan 2026
Median Rent:$1,500Median DOM:52New:49Total:174
Feb 2026
Median Rent:$1,450Median DOM:8New:142Total:279
Mar 2026
Median Rent:$1,422Median DOM:4New:98Total:305
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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