ZIP 85032 Housing Market Report

Phoenix Metro

Report period: March 2026

85032 Monthly Market Update – March 2026

ZIP 85032 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$419,900
−0.0%
Median DOM (Sales)
29
0.0%
New Listings (Sales)
38
−44.1%
Median Rent
$1,626
−0.1%
Median DOM (Rental)
11
−21.4%
Total Rental Listings
445
+7.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (26 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($950,000 median)

Sales Market Overview

Median Price
$419,900
−0.0%
Median DOM
29
0.0%
New Listings
38
−44.1%
Inventory
360
+8.1%
  • Average Price: $456,178
  • Median Price: $419,900
  • Price Range: $15,950 – $2,940,000
  • Price per Sq Ft (Avg/Median): $291 / $295
  • Square Footage (Avg/Median): 1,473 / 1,358
  • Square Footage Range: 608 – 4,270
  • Days on Market (Avg/Median): 71 / 29
  • Days on Market Range: 2 – 365
  • New Listings: 38
  • Total Listings: 360

Sales by Property Type

Condo
Avg/Median Price$244,780 / $249,000Range$109,500 – $525,000Price per Sq Ft$271 / $275Sq Ft899 / 850DOM110 / 69New4Total71
Land
Avg/Median Price$621,182 / $489,000Range$148,000 – $1,250,000Price per Sq FtSq FtDOM91 / 77New1Total11
Manufactured
Avg/Median Price$142,650 / $78,000Range$15,950 – $395,000Price per Sq Ft$113 / $74Sq Ft1,166 / 1,024DOM91 / 89New1Total34
Multi-Family
Avg/Median Price$647,000 / $639,000Range$600,000 – $700,000Price per Sq FtSq FtDOM172 / 186New1Total4
Single Family
Avg/Median Price$616,018 / $539,999Range$250,000 – $2,940,000Price per Sq Ft$335 / $335Sq Ft1,826 / 1,680DOM52 / 26New24Total190
Townhouse
Avg/Median Price$310,604 / $305,000Range$150,000 – $499,000Price per Sq Ft$272 / $254Sq Ft1,158 / 1,136DOM68 / 30New7Total50

Sales by Bedroom Count

1 Beds
Avg:$226,886Median:$239,900Range:$15,950 – $330,000PSF:$273 / $294Sq Ft:824 / 850DOM:117 / 89New:5Total:48
2 Beds
Avg:$245,803Median:$245,000Range:$20,000 – $525,000PSF:$234 / $251Sq Ft:1,037 / 1,000DOM:85 / 34New:7Total:86
3 Beds
Avg:$484,835Median:$465,000Range:$65,000 – $1,095,000PSF:$313 / $328Sq Ft:1,547 / 1,513DOM:56 / 22New:17Total:136
4 Beds
Avg:$651,526Median:$575,000Range:$339,900 – $1,565,000PSF:$315 / $300Sq Ft:2,050 / 1,889DOM:49 / 28New:7Total:58
5 Beds
Avg:$1,047,091Median:$950,000Range:$485,000 – $2,940,000PSF:$364 / $314Sq Ft:2,897 / 2,921DOM:58 / 29New:0Total:16
6 Beds
Avg:$699,000Median:$699,000Range:$699,000 – $699,000PSF:$225 / $225Sq Ft:3,106 / 3,106DOM:3 / 3New:0Total:1
8 Beds
Avg:$1,045,750Median:$639,000Range:$600,000 – $2,295,000PSF:$617 / $617Sq Ft:3,720 / 3,720DOM:159 / 119New:1Total:4

Rental Market Overview

Median Rent
$1,626
−0.1%
Median DOM
11
−21.4%
New Listings
103
Inventory
445
+7.5%
  • Average Rent: $1,890
  • Median Rent: $1,626
  • Rent Range: $750 – $8,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,137 / 976
  • Square Footage Range: 320 – 7,561
  • Days on Market (Avg/Median): 43 / 11
  • Days on Market Range: 1 – 356
  • New Listings: 103
  • Total Listings: 445

Rentals by Property Type

Apartment
$1,438
Median DOM: 1
Inventory: 259
MoM: −0.1%
Condo
$1,400
Median DOM: 16
Inventory: 9
MoM: −0.1%
Single Family
$2,460
Median DOM: 19
Inventory: 136
MoM: −0.1%
Townhouse
$1,799
Median DOM: 48
Inventory: 39
MoM: −0.1%
Apartment
Avg/Median Rent$1,496 / $1,438Range$750 – $3,900Rent per Sq Ft$2 / $2Sq Ft844 / 810DOM41 / 1New75Total259
Condo
Avg/Median Rent$1,622 / $1,400Range$999 – $2,695Rent per Sq Ft$1 / $1Sq Ft1,003 / 1,000DOM27 / 16New2Total9
Manufactured
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$1 / $1Sq Ft1,456 / 1,456DOM21 / 21New0Total1
Multi-Family
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM38 / 38New0Total1
Single Family
Avg/Median Rent$2,671 / $2,460Range$950 – $8,000Rent per Sq Ft$2 / $2Sq Ft1,622 / 1,605DOM37 / 19New24Total136
Townhouse
Avg/Median Rent$1,870 / $1,799Range$895 – $3,500Rent per Sq Ft$2 / $1Sq Ft1,395 / 1,211DOM75 / 48New2Total39

Rentals by Bedroom Count

Studio
Avg:$1,213Median:$1,078Range:$849 – $1,728PSF:$3 / $3Sq Ft:471 / 504DOM:New:0Total:5
1 Beds
Avg:$1,441Median:$1,378Range:$750 – $3,900PSF:$2 / $2Sq Ft:775 / 710DOM:35 / 1New:43Total:150
2 Beds
Avg:$1,567Median:$1,512Range:$865 – $3,800PSF:$2 / $2Sq Ft:1,014 / 980DOM:45 / 5New:43Total:149
3 Beds
Avg:$2,533Median:$2,375Range:$1,167 – $7,500PSF:$2 / $2Sq Ft:1,532 / 1,494DOM:44 / 25New:15Total:108
4 Beds
Avg:$3,173Median:$3,000Range:$1,450 – $8,000PSF:$2 / $2Sq Ft:2,062 / 1,848DOM:60 / 38New:2Total:31
5 Beds
Avg:$6,750Median:$5,500Range:$5,500 – $8,000PSF:$2 / $2Sq Ft:3,261 / 3,192DOM:40 / 11New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$425,000Median DOM:41New:85Total:411
Nov 2025
Median Price:$425,000Median DOM:41New:65Total:401
Dec 2025
Median Price:$419,000Median DOM:50New:55Total:356
Jan 2026
Median Price:$419,900Median DOM:44New:89Total:350
Feb 2026
Median Price:$420,000Median DOM:29New:68Total:333
Mar 2026
Median Price:$419,900Median DOM:29New:38Total:360

6-Month Rental Trend

Oct 2025
Median Rent:$1,773Median DOM:50New:62Total:288
Nov 2025
Median Rent:$1,750Median DOM:52New:45Total:288
Dec 2025
Median Rent:$1,750Median DOM:51New:55Total:276
Jan 2026
Median Rent:$1,700Median DOM:44New:64Total:286
Feb 2026
Median Rent:$1,628Median DOM:14New:192Total:414
Mar 2026
Median Rent:$1,626Median DOM:11New:103Total:445

Key Market Takeaways

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