ZIP 85029 Housing Market Report
Phoenix Metro
Report period: March 2026
85029 Monthly Market Update – March 2026
ZIP 85029 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$379,000
0.0%
Median DOM (Sales)
28
−3.4%
New Listings (Sales)
17
−59.5%
Median Rent
$1,299
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
291
+5.4%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (11 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($599,000 median)
Sales Market Overview
Median Price
$379,000
0.0%
Median DOM
28
−3.4%
New Listings
17
−59.5%
Inventory
191
+7.3%
- Average Price: $397,099
- Median Price: $379,000
- Price Range: $62,900 – $1,261,000
- Price per Sq Ft (Avg/Median): $251 / $247
- Square Footage (Avg/Median): 1,588 / 1,527
- Square Footage Range: 480 – 3,894
- Days on Market (Avg/Median): 67 / 28
- Days on Market Range: 1 – 316
- New Listings: 17
- Total Listings: 191
Sales by Property Type
Condo
Avg/Median Price$207,067 / $206,000Range$160,000 – $265,000Price per Sq Ft$209 / $202Sq Ft999 / 1,036DOM66 / 29New0Total12
Land
Avg/Median Price$356,650 / $250,000Range$189,900 – $600,000Price per Sq Ft—Sq Ft—DOM88 / 31New0Total6
Manufactured
Avg/Median Price$62,900 / $62,900Range$62,900 – $62,900Price per Sq Ft$50 / $50Sq Ft1,254 / 1,254DOM21 / 21New0Total1
Multi-Family
Avg/Median Price$621,000 / $480,000Range$480,000 – $925,000Price per Sq Ft$287 / $287Sq Ft3,228 / 3,228DOM33 / 11New1Total4
Single Family
Avg/Median Price$423,150 / $395,000Range$254,900 – $1,261,000Price per Sq Ft$256 / $250Sq Ft1,672 / 1,603DOM67 / 28New15Total151
Townhouse
Avg/Median Price$281,094 / $289,999Range$129,000 – $360,000Price per Sq Ft$242 / $247Sq Ft1,181 / 1,234DOM71 / 28New1Total17
Sales by Bedroom Count
1 Beds
Avg:$129,000Median:$129,000Range:$129,000 – $129,000PSF:$269 / $269Sq Ft:480 / 480DOM:222 / 222New:0Total:1
2 Beds
Avg:$258,785Median:$265,000Range:$62,900 – $399,900PSF:$237 / $231Sq Ft:1,097 / 1,036DOM:54 / 28New:0Total:26
3 Beds
Avg:$378,223Median:$369,900Range:$195,000 – $725,000PSF:$258 / $250Sq Ft:1,482 / 1,464DOM:68 / 29New:12Total:99
4 Beds
Avg:$482,006Median:$429,000Range:$285,000 – $1,261,000PSF:$242 / $235Sq Ft:1,971 / 1,861DOM:61 / 28New:3Total:47
5 Beds
Avg:$533,275Median:$475,000Range:$394,900 – $814,900PSF:$249 / $229Sq Ft:2,190 / 2,025DOM:116 / 138New:1Total:8
6 Beds
Avg:$480,000Median:$480,000Range:$480,000 – $480,000PSF:—Sq Ft:—DOM:12 / 5New:1Total:2
8 Beds
Avg:$762,000Median:$599,000Range:$599,000 – $925,000PSF:$287 / $287Sq Ft:3,228 / 3,228DOM:54 / 11New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $129,000 | $129,000 | $129,000 – $129,000 | $269 / $269 | 480 / 480 | 222 / 222 | 0 | 1 |
| 2 Beds | $258,785 | $265,000 | $62,900 – $399,900 | $237 / $231 | 1,097 / 1,036 | 54 / 28 | 0 | 26 |
| 3 Beds | $378,223 | $369,900 | $195,000 – $725,000 | $258 / $250 | 1,482 / 1,464 | 68 / 29 | 12 | 99 |
| 4 Beds | $482,006 | $429,000 | $285,000 – $1,261,000 | $242 / $235 | 1,971 / 1,861 | 61 / 28 | 3 | 47 |
| 5 Beds | $533,275 | $475,000 | $394,900 – $814,900 | $249 / $229 | 2,190 / 2,025 | 116 / 138 | 1 | 8 |
| 6 Beds | $480,000 | $480,000 | $480,000 – $480,000 | — | — | 12 / 5 | 1 | 2 |
| 8 Beds | $762,000 | $599,000 | $599,000 – $925,000 | $287 / $287 | 3,228 / 3,228 | 54 / 11 | 0 | 2 |
Rental Market Overview
Median Rent
$1,299
+0.3%
Median DOM
1
0.0%
New Listings
100
Inventory
291
+5.4%
- Average Rent: $1,398
- Median Rent: $1,299
- Rent Range: $679 – $6,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 937 / 850
- Square Footage Range: 300 – 3,610
- Days on Market (Avg/Median): 22 / 1
- Days on Market Range: 1 – 345
- New Listings: 100
- Total Listings: 291
Rentals by Property Type
Apartment
$1,196
Median DOM: 1
Inventory: 218
MoM: +0.3%
Condo
$1,600
Median DOM: 15
Inventory: 4
MoM: +0.3%
Single Family
$1,995
Median DOM: 16
Inventory: 52
MoM: +0.3%
Townhouse
$1,595
Median DOM: 31
Inventory: 16
MoM: +0.3%
Apartment
Avg/Median Rent$1,214 / $1,196Range$679 – $2,905Rent per Sq Ft$2 / $2Sq Ft801 / 767DOM14 / 1New90Total218
Condo
Avg/Median Rent$1,588 / $1,600Range$1,350 – $1,700Rent per Sq Ft$2 / $1Sq Ft1,070 / 1,016DOM85 / 15New0Total4
Multi-Family
Avg/Median Rent$1,200 / $1,200Range$1,200 – $1,200Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM8 / 8New1Total1
Single Family
Avg/Median Rent$2,080 / $1,995Range$876 – $6,200Rent per Sq Ft$2 / $1Sq Ft1,466 / 1,468DOM41 / 16New7Total52
Townhouse
Avg/Median Rent$1,643 / $1,595Range$1,350 – $1,995Rent per Sq Ft$2 / $2Sq Ft1,080 / 1,016DOM54 / 31New2Total16
Rentals by Bedroom Count
Studio
Avg:$924Median:$829Range:$679 – $1,600PSF:$2 / $2Sq Ft:472 / 435DOM:16 / 1New:11Total:25
1 Beds
Avg:$1,085Median:$1,035Range:$699 – $2,905PSF:$2 / $2Sq Ft:668 / 689DOM:9 / 1New:30Total:82
2 Beds
Avg:$1,398Median:$1,325Range:$849 – $3,000PSF:$2 / $1Sq Ft:949 / 924DOM:24 / 1New:49Total:129
3 Beds
Avg:$1,919Median:$1,850Range:$1,299 – $3,000PSF:$1 / $1Sq Ft:1,380 / 1,355DOM:48 / 28New:7Total:39
4 Beds
Avg:$2,464Median:$2,145Range:$1,340 – $6,200PSF:$1 / $1Sq Ft:1,763 / 1,648DOM:29 / 9New:1Total:14
5 Beds
Avg:$2,472Median:$2,195Range:$2,195 – $2,750PSF:$1 / $1Sq Ft:2,451 / 2,302DOM:1 / 1New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $924 | $829 | $679 – $1,600 | $2 / $2 | 472 / 435 | 16 / 1 | 11 | 25 |
| 1 Beds | $1,085 | $1,035 | $699 – $2,905 | $2 / $2 | 668 / 689 | 9 / 1 | 30 | 82 |
| 2 Beds | $1,398 | $1,325 | $849 – $3,000 | $2 / $1 | 949 / 924 | 24 / 1 | 49 | 129 |
| 3 Beds | $1,919 | $1,850 | $1,299 – $3,000 | $1 / $1 | 1,380 / 1,355 | 48 / 28 | 7 | 39 |
| 4 Beds | $2,464 | $2,145 | $1,340 – $6,200 | $1 / $1 | 1,763 / 1,648 | 29 / 9 | 1 | 14 |
| 5 Beds | $2,472 | $2,195 | $2,195 – $2,750 | $1 / $1 | 2,451 / 2,302 | 1 / 1 | 2 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$379,900Median DOM:40New:41Total:189
Nov 2025
Median Price:$385,000Median DOM:39New:35Total:192
Dec 2025
Median Price:$385,000Median DOM:46New:27Total:166
Jan 2026
Median Price:$380,000Median DOM:45New:42Total:169
Feb 2026
Median Price:$379,000Median DOM:29New:42Total:178
Mar 2026
Median Price:$379,000Median DOM:28New:17Total:191
6-Month Rental Trend
Oct 2025
Median Rent:$1,650Median DOM:50New:20Total:95
Nov 2025
Median Rent:$1,650Median DOM:53New:15Total:89
Dec 2025
Median Rent:$1,375Median DOM:35New:34Total:100
Jan 2026
Median Rent:$1,340Median DOM:14New:57Total:124
Feb 2026
Median Rent:$1,295Median DOM:1New:176Total:276
Mar 2026
Median Rent:$1,299Median DOM:1New:100Total:291
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving 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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