ZIP 85034 Housing Market Report

Phoenix Metro

Report period: March 2026

85034 Monthly Market Update – March 2026

ZIP 85034 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$410,000
0.0%
Median DOM (Sales)
93
−5.1%
New Listings (Sales)
2
−33.3%
Median Rent
$1,399
−0.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
130
+19.3%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (14 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($999,900 median)

Sales Market Overview

Median Price
$410,000
0.0%
Median DOM
93
−5.1%
New Listings
2
−33.3%
Inventory
24
0.0%
  • Average Price: $565,429
  • Median Price: $410,000
  • Price Range: $135,000 – $1,590,000
  • Price per Sq Ft (Avg/Median): $353 / $300
  • Square Footage (Avg/Median): 1,741 / 1,204
  • Square Footage Range: 689 – 4,791
  • Days on Market (Avg/Median): 99 / 93
  • Days on Market Range: 5 – 364
  • New Listings: 2
  • Total Listings: 24

Sales by Property Type

Condo
Avg/Median Price$295,000 / $295,000Range$295,000 – $295,000Price per Sq Ft$306 / $306Sq Ft963 / 963DOM131 / 131New0Total1
Land
Avg/Median Price$496,667 / $270,000Range$135,000 – $1,475,000Price per Sq FtSq FtDOM100 / 105New0Total6
Multi-Family
Avg/Median Price$1,082,400 / $899,000Range$699,000 – $1,590,000Price per Sq Ft$599 / $327Sq Ft2,747 / 2,135DOM41 / 14New1Total5
Single Family
Avg/Median Price$367,383 / $220,000Range$160,000 – $999,900Price per Sq Ft$245 / $232Sq Ft1,449 / 994DOM125 / 93New0Total6
Townhouse
Avg/Median Price$446,500 / $440,000Range$360,000 – $540,000Price per Sq Ft$306 / $288Sq Ft1,492 / 1,204DOM104 / 68New1Total6

Sales by Bedroom Count

1 Beds
Avg:$942,500Median:$360,000Range:$360,000 – $1,525,000PSF:$873 / $311Sq Ft:1,110 / 1,062DOM:102 / 90New:0Total:2
2 Beds
Avg:$356,800Median:$410,000Range:$160,000 – $479,000PSF:$300 / $306Sq Ft:1,188 / 1,204DOM:112 / 68New:1Total:5
3 Beds
Avg:$373,880Median:$374,900Range:$220,000 – $540,000PSF:$274 / $288Sq Ft:1,353 / 1,232DOM:129 / 93New:0Total:5
4 Beds
Avg:$587,667Median:$699,000Range:$165,000 – $899,000PSF:$233 / $166Sq Ft:1,997 / 994DOM:54 / 32New:0Total:3
5 Beds
Avg:$1,144,500Median:$699,000Range:$699,000 – $1,590,000PSF:$330 / $327Sq Ft:3,463 / 2,135DOM:5 / 5New:1Total:2
8 Beds
Avg:$999,900Median:$999,900Range:$999,900 – $999,900PSF:$266 / $266Sq Ft:3,754 / 3,754DOM:98 / 98New:0Total:1

Rental Market Overview

Median Rent
$1,399
−0.4%
Median DOM
1
0.0%
New Listings
53
Inventory
130
+19.3%
  • Average Rent: $1,533
  • Median Rent: $1,399
  • Rent Range: $695 – $6,016
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 837 / 779
  • Square Footage Range: 275 – 1,924
  • Days on Market (Avg/Median): 22 / 1
  • Days on Market Range: 1 – 356
  • New Listings: 53
  • Total Listings: 130

Rentals by Property Type

Apartment
$1,399
Median DOM: 1
Inventory: 118
MoM: −0.4%
Condo
$1,400
Median DOM: 1
Inventory: 1
MoM: −0.4%
Single Family
$1,595
Median DOM: 3
Inventory: 5
MoM: −0.4%
Townhouse
$1,925
Median DOM: 92
Inventory: 6
MoM: −0.4%
Apartment
Avg/Median Rent$1,501 / $1,399Range$695 – $6,016Rent per Sq Ft$2 / $2Sq Ft795 / 753DOM18 / 1New51Total118
Condo
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft705 / 705DOM1 / 1New1Total1
Single Family
Avg/Median Rent$1,514 / $1,595Range$799 – $2,380Rent per Sq Ft$1 / $1Sq Ft1,230 / 1,158DOM10 / 3New1Total5
Townhouse
Avg/Median Rent$2,206 / $1,925Range$1,750 – $2,863Rent per Sq Ft$2 / $2Sq Ft1,338 / 1,138DOM102 / 92New0Total6

Rentals by Bedroom Count

Studio
Avg:$1,222Median:$1,264Range:$695 – $1,480PSF:$2 / $2Sq Ft:564 / 583DOM:44 / 1New:14Total:24
1 Beds
Avg:$1,316Median:$1,336Range:$799 – $1,582PSF:$2 / $2Sq Ft:747 / 739DOM:16 / 1New:20Total:55
2 Beds
Avg:$1,778Median:$1,650Range:$1,299 – $4,200PSF:$2 / $2Sq Ft:1,037 / 1,020DOM:11 / 1New:17Total:45
3 Beds
Avg:$2,930Median:$2,380Range:$1,599 – $6,016PSF:$2 / $1Sq Ft:1,321 / 1,206DOM:65 / 1New:2Total:6

6-Month Sales Trend

Oct 2025
Median Price:$460,000Median DOM:99New:2Total:21
Nov 2025
Median Price:$449,998Median DOM:39New:6Total:28
Dec 2025
Median Price:$399,990Median DOM:51New:2Total:25
Jan 2026
Median Price:$399,990Median DOM:52New:5Total:25
Feb 2026
Median Price:$410,000Median DOM:98New:3Total:24
Mar 2026
Median Price:$410,000Median DOM:93New:2Total:24

6-Month Rental Trend

Oct 2025
Median Rent:$1,645Median DOM:44New:5Total:32
Nov 2025
Median Rent:$1,374Median DOM:69New:4Total:30
Dec 2025
Median Rent:$1,395Median DOM:57New:9Total:37
Jan 2026
Median Rent:$1,365Median DOM:42New:10Total:38
Feb 2026
Median Rent:$1,405Median DOM:1New:85Total:109
Mar 2026
Median Rent:$1,399Median DOM:1New:53Total:130

Key Market Takeaways

Median sale prices held steady this month while inventory remained stable. Days on market declined, signaling improving 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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