ZIP 85027 Housing Market Report

Phoenix Metro

Report period: March 2026

85027 Monthly Market Update – March 2026

ZIP 85027 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$295,000
0.0%
Median DOM (Sales)
29
0.0%
New Listings (Sales)
9
−80.4%
Median Rent
$1,524
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
495
+10.7%

Month-over-Month Movement

Median sale prices were flat. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (26 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($699,000 median)

Sales Market Overview

Median Price
$295,000
0.0%
Median DOM
29
0.0%
New Listings
9
−80.4%
Inventory
193
+1.0%
  • Average Price: $339,429
  • Median Price: $295,000
  • Price Range: $29,000 – $6,000,000
  • Price per Sq Ft (Avg/Median): $233 / $261
  • Square Footage (Avg/Median): 1,306 / 1,271
  • Square Footage Range: 616 – 2,704
  • Days on Market (Avg/Median): 70 / 29
  • Days on Market Range: 2 – 357
  • New Listings: 9
  • Total Listings: 193

Sales by Property Type

Condo
Avg/Median Price$237,512 / $239,900Range$158,000 – $317,000Price per Sq Ft$271 / $265Sq Ft890 / 966DOM89 / 29New1Total25
Land
Avg/Median Price$1,381,667 / $600,000Range$115,000 – $6,000,000Price per Sq FtSq FtDOM174 / 27New1Total6
Manufactured
Avg/Median Price$64,431 / $62,900Range$29,000 – $104,900Price per Sq Ft$54 / $50Sq Ft1,206 / 1,200DOM90 / 69New0Total32
Multi-Family
Avg/Median Price$732,000 / $699,000Range$699,000 – $765,000Price per Sq FtSq FtDOM148 / 29New0Total2
Single Family
Avg/Median Price$425,564 / $410,000Range$260,000 – $675,000Price per Sq Ft$282 / $280Sq Ft1,546 / 1,444DOM54 / 26New4Total86
Townhouse
Avg/Median Price$265,657 / $268,800Range$199,000 – $394,900Price per Sq Ft$245 / $249Sq Ft1,137 / 1,049DOM62 / 29New3Total42

Sales by Bedroom Count

1 Beds
Avg:$203,117Median:$193,000Range:$180,000 – $255,000PSF:$304 / $296Sq Ft:669 / 658DOM:58 / 29New:1Total:12
2 Beds
Avg:$223,475Median:$250,000Range:$29,000 – $765,000PSF:$205 / $243Sq Ft:1,089 / 1,049DOM:79 / 30New:3Total:77
3 Beds
Avg:$354,043Median:$390,000Range:$29,500 – $675,000PSF:$243 / $261Sq Ft:1,466 / 1,400DOM:54 / 27New:2Total:72
4 Beds
Avg:$438,680Median:$445,900Range:$75,000 – $670,000PSF:$252 / $263Sq Ft:1,741 / 1,680DOM:61 / 28New:2Total:23
5 Beds
Avg:$647,500Median:$640,000Range:$640,000 – $655,000PSF:$252 / $248Sq Ft:2,566 / 2,489DOM:129 / 22New:0Total:2
8 Beds
Avg:$699,000Median:$699,000Range:$699,000 – $699,000PSF:Sq Ft:DOM:267 / 267New:0Total:1

Rental Market Overview

Median Rent
$1,524
0.0%
Median DOM
1
0.0%
New Listings
218
Inventory
495
+10.7%
  • Average Rent: $1,556
  • Median Rent: $1,524
  • Rent Range: $820 – $3,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 935 / 860
  • Square Footage Range: 300 – 3,507
  • Days on Market (Avg/Median): 12 / 1
  • Days on Market Range: 1 – 324
  • New Listings: 218
  • Total Listings: 495

Rentals by Property Type

Apartment
$1,434
Median DOM: 1
Inventory: 402
MoM: 0.0%
Condo
$1,400
Median DOM: 4
Inventory: 4
MoM: 0.0%
Single Family
$2,095
Median DOM: 18
Inventory: 75
MoM: 0.0%
Townhouse
$1,624
Median DOM: 22
Inventory: 14
MoM: 0.0%
Apartment
Avg/Median Rent$1,446 / $1,434Range$820 – $2,147Rent per Sq Ft$2 / $2Sq Ft836 / 813DOM7 / 1New201Total402
Condo
Avg/Median Rent$1,650 / $1,400Range$1,200 – $2,000Rent per Sq Ft$2 / $2Sq Ft1,047 / 994DOM35 / 4New2Total4
Single Family
Avg/Median Rent$2,133 / $2,095Range$1,350 – $3,995Rent per Sq Ft$2 / $1Sq Ft1,446 / 1,425DOM33 / 18New14Total75
Townhouse
Avg/Median Rent$1,596 / $1,624Range$1,200 – $1,750Rent per Sq Ft$2 / $2Sq Ft1,010 / 994DOM53 / 22New1Total14

Rentals by Bedroom Count

Studio
Avg:$1,193Median:$1,084Range:$820 – $1,949PSF:$3 / $2Sq Ft:471 / 413DOM:26 / 1New:6Total:15
1 Beds
Avg:$1,315Median:$1,278Range:$925 – $2,110PSF:$2 / $2Sq Ft:702 / 725DOM:6 / 1New:93Total:186
2 Beds
Avg:$1,570Median:$1,508Range:$1,095 – $2,147PSF:$2 / $2Sq Ft:960 / 952DOM:10 / 1New:93Total:199
3 Beds
Avg:$1,978Median:$1,949Range:$1,549 – $3,995PSF:$2 / $1Sq Ft:1,316 / 1,283DOM:28 / 3New:23Total:77
4 Beds
Avg:$2,349Median:$2,335Range:$1,670 – $3,095PSF:$1 / $1Sq Ft:1,726 / 1,626DOM:38 / 32New:3Total:17
5 Beds
Avg:$3,299Median:$3,299Range:$3,299 – $3,299PSF:$1 / $1Sq Ft:3,507 / 3,507DOM:28 / 28New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$339,900Median DOM:43New:49Total:200
Nov 2025
Median Price:$325,000Median DOM:45New:20Total:186
Dec 2025
Median Price:$308,900Median DOM:81New:24Total:171
Jan 2026
Median Price:$296,000Median DOM:47New:54Total:182
Feb 2026
Median Price:$295,000Median DOM:29New:46Total:191
Mar 2026
Median Price:$295,000Median DOM:29New:9Total:193

6-Month Rental Trend

Oct 2025
Median Rent:$1,787Median DOM:44New:21Total:112
Nov 2025
Median Rent:$1,781Median DOM:46New:18Total:110
Dec 2025
Median Rent:$1,675Median DOM:23New:50Total:136
Jan 2026
Median Rent:$1,625Median DOM:11New:57Total:161
Feb 2026
Median Rent:$1,524Median DOM:1New:350Total:447
Mar 2026
Median Rent:$1,524Median DOM:1New:218Total:495

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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.

← Back to Phoenix Metro