ZIP 85024 Housing Market Report
Phoenix Metro
Report period: March 2026
85024 Monthly Market Update – March 2026
ZIP 85024 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$469,000
−1.3%
Median DOM (Sales)
30
+3.4%
New Listings (Sales)
21
−50.0%
Median Rent
$1,849
+0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
161
+5.2%
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: Condo (17 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($995,000 median)
Sales Market Overview
Median Price
$469,000
−1.3%
Median DOM
30
+3.4%
New Listings
21
−50.0%
Inventory
197
+6.5%
- Average Price: $497,182
- Median Price: $469,000
- Price Range: $15,000 – $2,250,000
- Price per Sq Ft (Avg/Median): $270 / $293
- Square Footage (Avg/Median): 1,775 / 1,612
- Square Footage Range: 643 – 5,807
- Days on Market (Avg/Median): 66 / 30
- Days on Market Range: 1 – 343
- New Listings: 21
- Total Listings: 197
Sales by Property Type
Condo
Avg/Median Price$212,500 / $200,000Range$200,000 – $225,000Price per Sq Ft$254 / $233Sq Ft838 / 817DOM66 / 17New0Total2
Land
Avg/Median Price$584,557 / $350,000Range$225,000 – $1,297,000Price per Sq Ft—Sq Ft—DOM150 / 147New0Total7
Manufactured
Avg/Median Price$88,376 / $89,000Range$15,000 – $189,000Price per Sq Ft$77 / $75Sq Ft1,257 / 1,120DOM130 / 126New0Total33
Single Family
Avg/Median Price$642,711 / $610,000Range$275,000 – $2,250,000Price per Sq Ft$318 / $309Sq Ft2,065 / 1,916DOM46 / 25New17Total126
Townhouse
Avg/Median Price$328,619 / $335,000Range$199,000 – $430,000Price per Sq Ft$282 / $288Sq Ft1,168 / 1,184DOM65 / 27New4Total29
Sales by Bedroom Count
1 Beds
Avg:$200,000Median:$200,000Range:$200,000 – $200,000PSF:$233 / $233Sq Ft:859 / 859DOM:17 / 17New:0Total:1
2 Beds
Avg:$230,841Median:$225,000Range:$15,000 – $444,800PSF:$214 / $268Sq Ft:1,158 / 1,091DOM:103 / 63New:4Total:48
3 Beds
Avg:$447,723Median:$450,000Range:$42,500 – $975,000PSF:$275 / $304Sq Ft:1,588 / 1,440DOM:53 / 29New:6Total:75
4 Beds
Avg:$694,406Median:$650,000Range:$459,000 – $1,395,000PSF:$309 / $296Sq Ft:2,272 / 2,178DOM:53 / 28New:7Total:49
5 Beds
Avg:$873,282Median:$769,900Range:$120,000 – $2,250,000PSF:$296 / $276Sq Ft:2,889 / 2,779DOM:33 / 6New:4Total:16
6 Beds
Avg:$995,000Median:$995,000Range:$995,000 – $995,000PSF:$241 / $241Sq Ft:4,135 / 4,135DOM:28 / 28New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $200,000 | $200,000 | $200,000 – $200,000 | $233 / $233 | 859 / 859 | 17 / 17 | 0 | 1 |
| 2 Beds | $230,841 | $225,000 | $15,000 – $444,800 | $214 / $268 | 1,158 / 1,091 | 103 / 63 | 4 | 48 |
| 3 Beds | $447,723 | $450,000 | $42,500 – $975,000 | $275 / $304 | 1,588 / 1,440 | 53 / 29 | 6 | 75 |
| 4 Beds | $694,406 | $650,000 | $459,000 – $1,395,000 | $309 / $296 | 2,272 / 2,178 | 53 / 28 | 7 | 49 |
| 5 Beds | $873,282 | $769,900 | $120,000 – $2,250,000 | $296 / $276 | 2,889 / 2,779 | 33 / 6 | 4 | 16 |
| 6 Beds | $995,000 | $995,000 | $995,000 – $995,000 | $241 / $241 | 4,135 / 4,135 | 28 / 28 | 0 | 1 |
Rental Market Overview
Median Rent
$1,849
+0.2%
Median DOM
1
0.0%
New Listings
59
Inventory
161
+5.2%
- Average Rent: $2,092
- Median Rent: $1,849
- Rent Range: $1,067 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,241 / 1,152
- Square Footage Range: 530 – 3,613
- Days on Market (Avg/Median): 34 / 1
- Days on Market Range: 1 – 315
- New Listings: 59
- Total Listings: 161
Rentals by Property Type
Apartment
$1,639
Median DOM: 1
Inventory: 95
MoM: +0.2%
Condo
$1,795
Median DOM: 85
Inventory: 1
MoM: +0.2%
Single Family
$2,499
Median DOM: 38
Inventory: 55
MoM: +0.2%
Townhouse
$1,995
Median DOM: 8
Inventory: 8
MoM: +0.2%
Apartment
Avg/Median Rent$1,684 / $1,639Range$1,067 – $4,000Rent per Sq Ft$2 / $2Sq Ft915 / 903DOM18 / 1New46Total95
Condo
Avg/Median Rent$1,795 / $1,795Range$1,795 – $1,795Rent per Sq Ft$2 / $2Sq Ft1,184 / 1,184DOM85 / 85New0Total1
Manufactured
Avg/Median Rent$1,295 / $1,249Range$1,249 – $1,341Rent per Sq Ft$1 / $1Sq Ft976 / 643DOM209 / 197New0Total2
Single Family
Avg/Median Rent$2,844 / $2,499Range$1,100 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,816 / 1,585DOM49 / 38New11Total55
Townhouse
Avg/Median Rent$1,997 / $1,995Range$1,395 – $2,295Rent per Sq Ft$2 / $1Sq Ft1,298 / 1,209DOM60 / 8New2Total8
Rentals by Bedroom Count
Studio
Avg:$1,067Median:$1,067Range:$1,067 – $1,067PSF:$2 / $2Sq Ft:530 / 530DOM:260 / 260New:0Total:1
1 Beds
Avg:$1,519Median:$1,525Range:$1,100 – $2,047PSF:$2 / $2Sq Ft:732 / 745DOM:16 / 1New:22Total:45
2 Beds
Avg:$1,796Median:$1,717Range:$1,249 – $4,000PSF:$2 / $2Sq Ft:1,043 / 1,089DOM:17 / 1New:24Total:48
3 Beds
Avg:$2,307Median:$2,200Range:$1,341 – $3,900PSF:$2 / $2Sq Ft:1,468 / 1,387DOM:52 / 17New:10Total:51
4 Beds
Avg:$3,605Median:$3,400Range:$2,395 – $8,000PSF:$1 / $1Sq Ft:2,528 / 2,608DOM:51 / 50New:3Total:13
5 Beds
Avg:$5,533Median:$3,600Range:$3,000 – $10,000PSF:$2 / $1Sq Ft:2,677 / 2,766DOM:123 / 89New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,067 | $1,067 | $1,067 – $1,067 | $2 / $2 | 530 / 530 | 260 / 260 | 0 | 1 |
| 1 Beds | $1,519 | $1,525 | $1,100 – $2,047 | $2 / $2 | 732 / 745 | 16 / 1 | 22 | 45 |
| 2 Beds | $1,796 | $1,717 | $1,249 – $4,000 | $2 / $2 | 1,043 / 1,089 | 17 / 1 | 24 | 48 |
| 3 Beds | $2,307 | $2,200 | $1,341 – $3,900 | $2 / $2 | 1,468 / 1,387 | 52 / 17 | 10 | 51 |
| 4 Beds | $3,605 | $3,400 | $2,395 – $8,000 | $1 / $1 | 2,528 / 2,608 | 51 / 50 | 3 | 13 |
| 5 Beds | $5,533 | $3,600 | $3,000 – $10,000 | $2 / $1 | 2,677 / 2,766 | 123 / 89 | 0 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$439,500Median DOM:40New:55Total:181
Nov 2025
Median Price:$430,000Median DOM:42New:27Total:188
Dec 2025
Median Price:$439,500Median DOM:52New:25Total:170
Jan 2026
Median Price:$447,500Median DOM:46New:57Total:175
Feb 2026
Median Price:$475,000Median DOM:29New:42Total:185
Mar 2026
Median Price:$469,000Median DOM:30New:21Total:197
6-Month Rental Trend
Oct 2025
Median Rent:$2,470Median DOM:39New:26Total:108
Nov 2025
Median Rent:$2,355Median DOM:40New:12Total:101
Dec 2025
Median Rent:$2,150Median DOM:32New:29Total:100
Jan 2026
Median Rent:$2,150Median DOM:36New:24Total:101
Feb 2026
Median Rent:$1,845Median DOM:1New:79Total:153
Mar 2026
Median Rent:$1,849Median DOM:1New:59Total:161
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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