ZIP 85028 Housing Market Report
Phoenix Metro
Report period: March 2026
85028 Monthly Market Update – March 2026
ZIP 85028 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$709,000
+1.6%
Median DOM (Sales)
27
0.0%
New Listings (Sales)
15
−54.5%
Median Rent
$3,000
−6.3%
Median DOM (Rental)
92
−7.1%
Total Rental Listings
46
−4.2%
Month-over-Month Movement
Median sale prices moved higher. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (6 DOM)
- Fastest renting: Single Family (80 DOM)
- Strongest bedroom: 6 Beds ($3,599,000 median)
Sales Market Overview
Median Price
$709,000
+1.6%
Median DOM
27
0.0%
New Listings
15
−54.5%
Inventory
134
+5.5%
- Average Price: $1,001,912
- Median Price: $709,000
- Price Range: $225,000 – $5,170,000
- Price per Sq Ft (Avg/Median): $410 / $382
- Square Footage (Avg/Median): 2,276 / 2,027
- Square Footage Range: 866 – 9,517
- Days on Market (Avg/Median): 53 / 27
- Days on Market Range: 1 – 365
- New Listings: 15
- Total Listings: 134
Sales by Property Type
Condo
Avg/Median Price$404,878 / $429,000Range$350,000 – $445,000Price per Sq Ft$380 / $395Sq Ft1,075 / 1,115DOM47 / 30New0Total9
Land
Avg/Median Price$225,000 / $225,000Range$225,000 – $225,000Price per Sq Ft—Sq Ft—DOM6 / 6New0Total1
Single Family
Avg/Median Price$1,101,631 / $745,000Range$299,000 – $5,170,000Price per Sq Ft$419 / $384Sq Ft2,436 / 2,171DOM54 / 26New15Total112
Townhouse
Avg/Median Price$583,721 / $635,000Range$389,900 – $775,000Price per Sq Ft$348 / $332Sq Ft1,686 / 1,697DOM53 / 22New0Total12
Sales by Bedroom Count
1 Beds
Avg:$354,967Median:$355,000Range:$350,000 – $359,900PSF:$410 / $410Sq Ft:866 / 866DOM:25 / 29New:0Total:3
2 Beds
Avg:$525,811Median:$445,000Range:$389,900 – $675,999PSF:$369 / $371Sq Ft:1,433 / 1,394DOM:74 / 31New:0Total:13
3 Beds
Avg:$680,382Median:$639,000Range:$389,900 – $1,550,000PSF:$363 / $356Sq Ft:1,868 / 1,846DOM:37 / 22New:6Total:47
4 Beds
Avg:$1,177,788Median:$849,500Range:$299,000 – $5,000,000PSF:$428 / $396Sq Ft:2,537 / 2,287DOM:54 / 27New:8Total:57
5 Beds
Avg:$1,659,082Median:$1,274,900Range:$975,000 – $3,475,000PSF:$527 / $482Sq Ft:3,029 / 2,911DOM:87 / 20New:1Total:11
6 Beds
Avg:$4,384,500Median:$3,599,000Range:$3,599,000 – $5,170,000PSF:$606 / $378Sq Ft:7,858 / 6,199DOM:124 / 99New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $354,967 | $355,000 | $350,000 – $359,900 | $410 / $410 | 866 / 866 | 25 / 29 | 0 | 3 |
| 2 Beds | $525,811 | $445,000 | $389,900 – $675,999 | $369 / $371 | 1,433 / 1,394 | 74 / 31 | 0 | 13 |
| 3 Beds | $680,382 | $639,000 | $389,900 – $1,550,000 | $363 / $356 | 1,868 / 1,846 | 37 / 22 | 6 | 47 |
| 4 Beds | $1,177,788 | $849,500 | $299,000 – $5,000,000 | $428 / $396 | 2,537 / 2,287 | 54 / 27 | 8 | 57 |
| 5 Beds | $1,659,082 | $1,274,900 | $975,000 – $3,475,000 | $527 / $482 | 3,029 / 2,911 | 87 / 20 | 1 | 11 |
| 6 Beds | $4,384,500 | $3,599,000 | $3,599,000 – $5,170,000 | $606 / $378 | 7,858 / 6,199 | 124 / 99 | 0 | 2 |
Rental Market Overview
Median Rent
$3,000
−6.3%
Median DOM
92
−7.1%
New Listings
3
Inventory
46
−4.2%
- Average Rent: $3,416
- Median Rent: $3,000
- Rent Range: $999 – $8,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,752 / 1,613
- Square Footage Range: 425 – 4,466
- Days on Market (Avg/Median): 111 / 92
- Days on Market Range: 1 – 333
- New Listings: 3
- Total Listings: 46
Rentals by Property Type
Apartment
$1,400
Median DOM: 130
Inventory: 16
MoM: −6.3%
Condo
$1,700
Median DOM: 245
Inventory: 1
MoM: −6.3%
Single Family
$3,600
Median DOM: 80
Inventory: 28
MoM: −6.3%
Townhouse
$3,000
Median DOM: 144
Inventory: 1
MoM: −6.3%
Apartment
Avg/Median Rent$2,179 / $1,400Range$999 – $5,899Rent per Sq Ft$2 / $2Sq Ft882 / 912DOM162 / 130New0Total16
Condo
Avg/Median Rent$1,700 / $1,700Range$1,700 – $1,700Rent per Sq Ft$2 / $2Sq Ft866 / 866DOM245 / 245New0Total1
Single Family
Avg/Median Rent$4,199 / $3,600Range$1,500 – $8,500Rent per Sq Ft$2 / $2Sq Ft2,235 / 2,199DOM82 / 80New3Total28
Townhouse
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$1 / $1Sq Ft2,157 / 2,157DOM144 / 144New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,099Median:$999Range:$999 – $1,349PSF:$2 / $2Sq Ft:459 / 440DOM:208 / 251New:0Total:4
1 Beds
Avg:$1,769Median:$1,500Range:$1,175 – $2,700PSF:$3 / $2Sq Ft:710 / 610DOM:127 / 8New:1Total:4
2 Beds
Avg:$2,665Median:$2,000Range:$1,250 – $6,999PSF:$2 / $2Sq Ft:1,195 / 1,115DOM:130 / 127New:1Total:12
3 Beds
Avg:$4,002Median:$3,300Range:$2,580 – $8,500PSF:$2 / $2Sq Ft:2,154 / 2,104DOM:66 / 80New:1Total:12
4 Beds
Avg:$4,635Median:$3,900Range:$2,350 – $8,500PSF:$2 / $2Sq Ft:2,460 / 2,373DOM:88 / 29New:0Total:11
5 Beds
Avg:$5,900Median:$4,000Range:$4,000 – $7,800PSF:$2 / $1Sq Ft:3,580 / 2,693DOM:181 / 118New:0Total:2
6 Beds
Avg:$2,850Median:$2,850Range:$2,850 – $2,850PSF:$1 / $1Sq Ft:1,921 / 1,921DOM:148 / 148New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,099 | $999 | $999 – $1,349 | $2 / $2 | 459 / 440 | 208 / 251 | 0 | 4 |
| 1 Beds | $1,769 | $1,500 | $1,175 – $2,700 | $3 / $2 | 710 / 610 | 127 / 8 | 1 | 4 |
| 2 Beds | $2,665 | $2,000 | $1,250 – $6,999 | $2 / $2 | 1,195 / 1,115 | 130 / 127 | 1 | 12 |
| 3 Beds | $4,002 | $3,300 | $2,580 – $8,500 | $2 / $2 | 2,154 / 2,104 | 66 / 80 | 1 | 12 |
| 4 Beds | $4,635 | $3,900 | $2,350 – $8,500 | $2 / $2 | 2,460 / 2,373 | 88 / 29 | 0 | 11 |
| 5 Beds | $5,900 | $4,000 | $4,000 – $7,800 | $2 / $1 | 3,580 / 2,693 | 181 / 118 | 0 | 2 |
| 6 Beds | $2,850 | $2,850 | $2,850 – $2,850 | $1 / $1 | 1,921 / 1,921 | 148 / 148 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$750,000Median DOM:38New:35Total:134
Nov 2025
Median Price:$749,000Median DOM:40New:27Total:135
Dec 2025
Median Price:$729,000Median DOM:46New:21Total:120
Jan 2026
Median Price:$699,990Median DOM:30New:40Total:125
Feb 2026
Median Price:$698,000Median DOM:27New:33Total:127
Mar 2026
Median Price:$709,000Median DOM:27New:15Total:134
6-Month Rental Trend
Oct 2025
Median Rent:$2,995Median DOM:45New:11Total:52
Nov 2025
Median Rent:$3,200Median DOM:46New:14Total:55
Dec 2025
Median Rent:$3,095Median DOM:62New:3Total:52
Jan 2026
Median Rent:$3,100Median DOM:92New:2Total:48
Feb 2026
Median Rent:$3,200Median DOM:99New:9Total:48
Mar 2026
Median Rent:$3,000Median DOM:92New:3Total:46
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, while total rental inventory tightened.
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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