ZIP 85022 Housing Market Report
Phoenix Metro
Report period: March 2026
85022 Monthly Market Update – March 2026
ZIP 85022 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$415,000
−1.0%
Median DOM (Sales)
29
+3.6%
New Listings (Sales)
24
−66.2%
Median Rent
$1,449
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
628
+7.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (1 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,129,999 median)
Sales Market Overview
Median Price
$415,000
−1.0%
Median DOM
29
+3.6%
New Listings
24
−66.2%
Inventory
302
+4.9%
- Average Price: $474,851
- Median Price: $415,000
- Price Range: $40,000 – $2,850,000
- Price per Sq Ft (Avg/Median): $272 / $276
- Square Footage (Avg/Median): 1,663 / 1,450
- Square Footage Range: 504 – 4,718
- Days on Market (Avg/Median): 63 / 29
- Days on Market Range: 1 – 351
- New Listings: 24
- Total Listings: 302
Sales by Property Type
Condo
Avg/Median Price$229,891 / $229,900Range$139,900 – $349,000Price per Sq Ft$258 / $264Sq Ft900 / 849DOM102 / 97New2Total22
Land
Avg/Median Price$508,365 / $325,000Range$149,900 – $1,499,800Price per Sq Ft—Sq Ft—DOM157 / 107New0Total17
Manufactured
Avg/Median Price$159,833 / $120,000Range$40,000 – $385,000Price per Sq Ft$129 / $100Sq Ft1,258 / 1,320DOM76 / 30New3Total52
Multi-Family
Avg/Median Price$850,000 / $850,000Range$850,000 – $850,000Price per Sq Ft$421 / $421Sq Ft2,019 / 2,019DOM1 / 1New0Total1
Single Family
Avg/Median Price$645,910 / $539,000Range$299,000 – $2,850,000Price per Sq Ft$322 / $317Sq Ft2,003 / 1,808DOM49 / 23New13Total164
Townhouse
Avg/Median Price$317,708 / $310,000Range$222,000 – $475,000Price per Sq Ft$257 / $253Sq Ft1,264 / 1,240DOM52 / 29New6Total46
Sales by Bedroom Count
1 Beds
Avg:$158,516Median:$175,000Range:$50,299 – $227,900PSF:$221 / $212Sq Ft:730 / 720DOM:100 / 43New:1Total:6
2 Beds
Avg:$264,572Median:$275,000Range:$40,000 – $675,000PSF:$243 / $259Sq Ft:1,095 / 1,054DOM:71 / 31New:5Total:86
3 Beds
Avg:$476,523Median:$450,000Range:$54,900 – $1,775,000PSF:$275 / $284Sq Ft:1,702 / 1,568DOM:52 / 26New:11Total:137
4 Beds
Avg:$776,726Median:$760,000Range:$275,000 – $2,850,000PSF:$319 / $300Sq Ft:2,373 / 2,352DOM:52 / 24New:6Total:48
5 Beds
Avg:$1,136,714Median:$1,129,999Range:$625,000 – $1,799,000PSF:$301 / $304Sq Ft:3,717 / 3,842DOM:52 / 19New:1Total:7
6 Beds
Avg:$535,000Median:$535,000Range:$535,000 – $535,000PSF:$236 / $236Sq Ft:2,271 / 2,271DOM:14 / 14New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $158,516 | $175,000 | $50,299 – $227,900 | $221 / $212 | 730 / 720 | 100 / 43 | 1 | 6 |
| 2 Beds | $264,572 | $275,000 | $40,000 – $675,000 | $243 / $259 | 1,095 / 1,054 | 71 / 31 | 5 | 86 |
| 3 Beds | $476,523 | $450,000 | $54,900 – $1,775,000 | $275 / $284 | 1,702 / 1,568 | 52 / 26 | 11 | 137 |
| 4 Beds | $776,726 | $760,000 | $275,000 – $2,850,000 | $319 / $300 | 2,373 / 2,352 | 52 / 24 | 6 | 48 |
| 5 Beds | $1,136,714 | $1,129,999 | $625,000 – $1,799,000 | $301 / $304 | 3,717 / 3,842 | 52 / 19 | 1 | 7 |
| 6 Beds | $535,000 | $535,000 | $535,000 – $535,000 | $236 / $236 | 2,271 / 2,271 | 14 / 14 | 0 | 1 |
Rental Market Overview
Median Rent
$1,449
+0.3%
Median DOM
1
0.0%
New Listings
254
Inventory
628
+7.0%
- Average Rent: $1,613
- Median Rent: $1,449
- Rent Range: $750 – $9,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,045 / 934
- Square Footage Range: 401 – 6,229
- Days on Market (Avg/Median): 18 / 1
- Days on Market Range: 1 – 314
- New Listings: 254
- Total Listings: 628
Rentals by Property Type
Apartment
$1,379
Median DOM: 1
Inventory: 494
MoM: +0.3%
Condo
$1,695
Median DOM: 35
Inventory: 9
MoM: +0.3%
Single Family
$2,395
Median DOM: 24
Inventory: 77
MoM: +0.3%
Townhouse
$1,795
Median DOM: 49
Inventory: 41
MoM: +0.3%
Apartment
Avg/Median Rent$1,426 / $1,379Range$750 – $5,381Rent per Sq Ft$2 / $2Sq Ft902 / 852DOM8 / 1New240Total494
Condo
Avg/Median Rent$1,576 / $1,695Range$1,050 – $1,890Rent per Sq Ft$1 / $1Sq Ft1,167 / 1,209DOM27 / 35New1Total9
Manufactured
Avg/Median Rent$1,635 / $1,499Range$1,249 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,084 / 992DOM123 / 156New0Total7
Single Family
Avg/Median Rent$2,692 / $2,395Range$1,275 – $9,500Rent per Sq Ft$1 / $1Sq Ft1,838 / 1,746DOM41 / 24New10Total77
Townhouse
Avg/Median Rent$1,845 / $1,795Range$1,195 – $2,999Rent per Sq Ft$2 / $1Sq Ft1,233 / 1,186DOM64 / 49New3Total41
Rentals by Bedroom Count
Studio
Avg:$1,062Median:$1,032Range:$953 – $1,300PSF:$2 / $2Sq Ft:1,261 / 440DOM:51 / 1New:2Total:7
1 Beds
Avg:$1,276Median:$1,244Range:$750 – $2,500PSF:$2 / $2Sq Ft:742 / 720DOM:7 / 1New:91Total:184
2 Beds
Avg:$1,492Median:$1,462Range:$949 – $2,500PSF:$2 / $2Sq Ft:978 / 976DOM:15 / 1New:141Total:325
3 Beds
Avg:$2,169Median:$2,199Range:$1,295 – $2,999PSF:$2 / $1Sq Ft:1,476 / 1,444DOM:36 / 1New:18Total:79
4 Beds
Avg:$3,361Median:$3,150Range:$2,175 – $9,500PSF:$1 / $1Sq Ft:2,284 / 2,329DOM:47 / 27New:2Total:29
5 Beds
Avg:$3,575Median:$2,750Range:$2,475 – $5,500PSF:$1 / $1Sq Ft:2,627 / 1,951DOM:134 / 50New:0Total:3
7 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$2 / $2Sq Ft:2,516 / 2,516DOM:41 / 41New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,062 | $1,032 | $953 – $1,300 | $2 / $2 | 1,261 / 440 | 51 / 1 | 2 | 7 |
| 1 Beds | $1,276 | $1,244 | $750 – $2,500 | $2 / $2 | 742 / 720 | 7 / 1 | 91 | 184 |
| 2 Beds | $1,492 | $1,462 | $949 – $2,500 | $2 / $2 | 978 / 976 | 15 / 1 | 141 | 325 |
| 3 Beds | $2,169 | $2,199 | $1,295 – $2,999 | $2 / $1 | 1,476 / 1,444 | 36 / 1 | 18 | 79 |
| 4 Beds | $3,361 | $3,150 | $2,175 – $9,500 | $1 / $1 | 2,284 / 2,329 | 47 / 27 | 2 | 29 |
| 5 Beds | $3,575 | $2,750 | $2,475 – $5,500 | $1 / $1 | 2,627 / 1,951 | 134 / 50 | 0 | 3 |
| 7 Beds | $6,000 | $6,000 | $6,000 – $6,000 | $2 / $2 | 2,516 / 2,516 | 41 / 41 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$419,000Median DOM:44New:55Total:307
Nov 2025
Median Price:$400,000Median DOM:42New:50Total:308
Dec 2025
Median Price:$389,000Median DOM:48New:38Total:261
Jan 2026
Median Price:$399,900Median DOM:44New:77Total:276
Feb 2026
Median Price:$418,999Median DOM:28New:71Total:288
Mar 2026
Median Price:$415,000Median DOM:29New:24Total:302
6-Month Rental Trend
Oct 2025
Median Rent:$1,950Median DOM:42New:41Total:168
Nov 2025
Median Rent:$1,895Median DOM:43New:25Total:154
Dec 2025
Median Rent:$1,675Median DOM:33New:65Total:186
Jan 2026
Median Rent:$1,623Median DOM:16New:88Total:232
Feb 2026
Median Rent:$1,444Median DOM:1New:414Total:587
Mar 2026
Median Rent:$1,449Median DOM:1New:254Total:628
Key Market Takeaways
Median sale prices softened 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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