ZIP 85021 Housing Market Report

Phoenix Metro

Report period: March 2026

85021 Monthly Market Update – March 2026

ZIP 85021 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$485,000
+9.5%
Median DOM (Sales)
32
+3.2%
New Listings (Sales)
17
−59.5%
Median Rent
$1,259
+0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
447
+6.9%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Land (28 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,669,000 median)

Sales Market Overview

Median Price
$485,000
+9.5%
Median DOM
32
+3.2%
New Listings
17
−59.5%
Inventory
195
+4.8%
  • Average Price: $651,740
  • Median Price: $485,000
  • Price Range: $9,900 – $4,700,000
  • Price per Sq Ft (Avg/Median): $288 / $290
  • Square Footage (Avg/Median): 1,951 / 1,750
  • Square Footage Range: 367 – 7,200
  • Days on Market (Avg/Median): 79 / 32
  • Days on Market Range: 2 – 362
  • New Listings: 17
  • Total Listings: 195

Sales by Property Type

Condo
Avg/Median Price$230,850 / $240,000Range$100,000 – $299,000Price per Sq Ft$199 / $207Sq Ft1,147 / 1,202DOM88 / 114New0Total8
Land
Avg/Median Price$341,780 / $169,000Range$140,000 – $750,000Price per Sq FtSq FtDOM38 / 28New0Total5
Manufactured
Avg/Median Price$39,508 / $31,900Range$9,900 – $89,900Price per Sq Ft$54 / $39Sq Ft832 / 864DOM100 / 78New1Total26
Multi-Family
Avg/Median Price$708,650 / $699,000Range$345,000 – $1,150,000Price per Sq Ft$515 / $515Sq Ft1,085 / 1,085DOM38 / 28New0Total6
Single Family
Avg/Median Price$898,979 / $725,000Range$250,000 – $4,700,000Price per Sq Ft$357 / $319Sq Ft2,368 / 2,176DOM78 / 30New12Total119
Townhouse
Avg/Median Price$363,742 / $340,000Range$149,999 – $724,900Price per Sq Ft$234 / $240Sq Ft1,526 / 1,440DOM81 / 31New4Total31

Sales by Bedroom Count

1 Beds
Avg:$185,188Median:$31,900Range:$9,900 – $1,150,000PSF:$98 / $81Sq Ft:549 / 480DOM:84 / 73New:0Total:8
2 Beds
Avg:$214,454Median:$189,900Range:$9,900 – $724,900PSF:$158 / $174Sq Ft:1,215 / 1,202DOM:80 / 67New:3Total:52
3 Beds
Avg:$604,997Median:$499,000Range:$189,900 – $1,795,000PSF:$330 / $315Sq Ft:1,780 / 1,721DOM:89 / 32New:8Total:74
4 Beds
Avg:$1,009,055Median:$950,000Range:$345,000 – $2,149,900PSF:$378 / $365Sq Ft:2,629 / 2,460DOM:64 / 29New:6Total:36
5 Beds
Avg:$1,392,049Median:$975,000Range:$749,997 – $2,999,995PSF:$357 / $289Sq Ft:3,777 / 3,355DOM:68 / 30New:0Total:10
6 Beds
Avg:$2,047,429Median:$1,669,000Range:$370,000 – $4,700,000PSF:$454 / $440Sq Ft:4,552 / 3,556DOM:68 / 29New:0Total:7
8 Beds
Avg:$1,133,000Median:$800,000Range:$699,000 – $1,900,000PSF:$373 / $373Sq Ft:5,094 / 5,094DOM:130 / 106New:0Total:3

Rental Market Overview

Median Rent
$1,259
+0.6%
Median DOM
1
0.0%
New Listings
147
Inventory
447
+6.9%
  • Average Rent: $1,362
  • Median Rent: $1,259
  • Rent Range: $632 – $7,999
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 897 / 800
  • Square Footage Range: 300 – 4,464
  • Days on Market (Avg/Median): 35 / 1
  • Days on Market Range: 1 – 358
  • New Listings: 147
  • Total Listings: 447

Rentals by Property Type

Apartment
$1,199
Median DOM: 1
Inventory: 362
MoM: +0.6%
Condo
$995
Median DOM: 184
Inventory: 1
MoM: +0.6%
Single Family
$2,200
Median DOM: 31
Inventory: 42
MoM: +0.6%
Townhouse
$1,395
Median DOM: 34
Inventory: 42
MoM: +0.6%
Apartment
Avg/Median Rent$1,196 / $1,199Range$632 – $2,730Rent per Sq Ft$2 / $2Sq Ft784 / 732DOM31 / 1New135Total362
Condo
Avg/Median Rent$995 / $995Range$995 – $995Rent per Sq Ft$1 / $1Sq Ft706 / 706DOM184 / 184New0Total1
Single Family
Avg/Median Rent$2,607 / $2,200Range$895 – $7,999Rent per Sq Ft$2 / $2Sq Ft1,660 / 1,368DOM53 / 31New7Total42
Townhouse
Avg/Median Rent$1,549 / $1,395Range$995 – $2,795Rent per Sq Ft$1 / $1Sq Ft1,143 / 992DOM46 / 34New5Total42

Rentals by Bedroom Count

Studio
Avg:$840Median:$795Range:$632 – $1,200PSF:$2 / $2Sq Ft:456 / 455DOM:47 / 1New:12Total:43
1 Beds
Avg:$1,065Median:$1,093Range:$699 – $1,595PSF:$2 / $2Sq Ft:642 / 630DOM:30 / 1New:52Total:147
2 Beds
Avg:$1,356Median:$1,361Range:$649 – $3,500PSF:$1 / $1Sq Ft:947 / 950DOM:36 / 1New:67Total:195
3 Beds
Avg:$2,102Median:$1,850Range:$1,299 – $5,500PSF:$1 / $1Sq Ft:1,457 / 1,262DOM:29 / 6New:15Total:49
4 Beds
Avg:$2,939Median:$2,700Range:$1,500 – $6,595PSF:$1 / $1Sq Ft:1,928 / 1,965DOM:26 / 23New:1Total:10
5 Beds
Avg:$5,575Median:$3,900Range:$3,900 – $7,250PSF:$1 / $1Sq Ft:4,010 / 3,556DOM:122 / 68New:0Total:2
6 Beds
Avg:$7,999Median:$7,999Range:$7,999 – $7,999PSF:$2 / $2Sq Ft:3,465 / 3,465DOM:37 / 37New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$485,000Median DOM:43New:31Total:193
Nov 2025
Median Price:$487,000Median DOM:41New:44Total:198
Dec 2025
Median Price:$465,000Median DOM:77New:22Total:174
Jan 2026
Median Price:$420,000Median DOM:51New:42Total:178
Feb 2026
Median Price:$443,000Median DOM:31New:42Total:186
Mar 2026
Median Price:$485,000Median DOM:32New:17Total:195

6-Month Rental Trend

Oct 2025
Median Rent:$1,375Median DOM:48New:29Total:170
Nov 2025
Median Rent:$1,300Median DOM:62New:26Total:168
Dec 2025
Median Rent:$1,235Median DOM:50New:52Total:188
Jan 2026
Median Rent:$1,265Median DOM:44New:60Total:212
Feb 2026
Median Rent:$1,251Median DOM:1New:249Total:418
Mar 2026
Median Rent:$1,259Median DOM:1New:147Total:447

Key Market Takeaways

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

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