ZIP 85037 Housing Market Report
Phoenix Metro
Report period: March 2026
85037 Monthly Market Update – March 2026
ZIP 85037 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$401,990
+0.5%
Median DOM (Sales)
12
−14.3%
New Listings (Sales)
69
−43.9%
Median Rent
$1,725
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
416
+5.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($503,490 median)
Sales Market Overview
Median Price
$401,990
+0.5%
Median DOM
12
−14.3%
New Listings
69
−43.9%
Inventory
305
+5.2%
- Average Price: $409,398
- Median Price: $401,990
- Price Range: $145,000 – $2,600,000
- Price per Sq Ft (Avg/Median): $247 / $245
- Square Footage (Avg/Median): 1,701 / 1,649
- Square Footage Range: 561 – 4,187
- Days on Market (Avg/Median): 43 / 12
- Days on Market Range: 1 – 363
- New Listings: 69
- Total Listings: 305
Sales by Property Type
Condo
Avg/Median Price$237,275 / $239,999Range$174,899 – $310,000Price per Sq Ft$261 / $255Sq Ft916 / 992DOM70 / 46New2Total12
Land
Avg/Median Price$1,372,500 / $145,000Range$145,000 – $2,600,000Price per Sq Ft—Sq Ft—DOM190 / 17New0Total2
Single Family
Avg/Median Price$423,431 / $419,740Range$260,000 – $694,490Price per Sq Ft$247 / $243Sq Ft1,790 / 1,710DOM35 / 7New67Total269
Townhouse
Avg/Median Price$244,145 / $234,900Range$199,000 – $329,900Price per Sq Ft$241 / $243Sq Ft1,039 / 976DOM115 / 94New0Total22
Sales by Bedroom Count
1 Beds
Avg:$206,780Median:$214,000Range:$174,899 – $220,000PSF:$276 / $268Sq Ft:754 / 803DOM:61 / 32New:0Total:5
2 Beds
Avg:$276,860Median:$264,500Range:$185,000 – $360,000PSF:$276 / $268Sq Ft:1,012 / 1,037DOM:86 / 70New:5Total:45
3 Beds
Avg:$382,032Median:$387,000Range:$249,900 – $499,000PSF:$260 / $265Sq Ft:1,499 / 1,411DOM:40 / 8New:26Total:117
4 Beds
Avg:$465,959Median:$452,740Range:$299,000 – $694,490PSF:$232 / $234Sq Ft:2,039 / 1,946DOM:29 / 7New:22Total:95
5 Beds
Avg:$478,570Median:$479,990Range:$380,000 – $680,000PSF:$210 / $214Sq Ft:2,328 / 2,233DOM:29 / 5New:15Total:37
6 Beds
Avg:$503,990Median:$503,490Range:$503,490 – $504,490PSF:$198 / $198Sq Ft:2,546 / 2,546DOM:3 / 2New:1Total:2
8 Beds
Avg:$474,950Median:$449,900Range:$449,900 – $500,000PSF:$179 / $133Sq Ft:2,884 / 2,000DOM:28 / 26New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $206,780 | $214,000 | $174,899 – $220,000 | $276 / $268 | 754 / 803 | 61 / 32 | 0 | 5 |
| 2 Beds | $276,860 | $264,500 | $185,000 – $360,000 | $276 / $268 | 1,012 / 1,037 | 86 / 70 | 5 | 45 |
| 3 Beds | $382,032 | $387,000 | $249,900 – $499,000 | $260 / $265 | 1,499 / 1,411 | 40 / 8 | 26 | 117 |
| 4 Beds | $465,959 | $452,740 | $299,000 – $694,490 | $232 / $234 | 2,039 / 1,946 | 29 / 7 | 22 | 95 |
| 5 Beds | $478,570 | $479,990 | $380,000 – $680,000 | $210 / $214 | 2,328 / 2,233 | 29 / 5 | 15 | 37 |
| 6 Beds | $503,990 | $503,490 | $503,490 – $504,490 | $198 / $198 | 2,546 / 2,546 | 3 / 2 | 1 | 2 |
| 8 Beds | $474,950 | $449,900 | $449,900 – $500,000 | $179 / $133 | 2,884 / 2,000 | 28 / 26 | 0 | 2 |
Rental Market Overview
Median Rent
$1,725
0.0%
Median DOM
1
0.0%
New Listings
161
Inventory
416
+5.9%
- Average Rent: $1,889
- Median Rent: $1,725
- Rent Range: $700 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,277 / 1,173
- Square Footage Range: 561 – 3,949
- Days on Market (Avg/Median): 19 / 1
- Days on Market Range: 1 – 351
- New Listings: 161
- Total Listings: 416
Rentals by Property Type
Apartment
$1,625
Median DOM: 1
Inventory: 259
MoM: 0.0%
Condo
$1,750
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$2,025
Median DOM: 33
Inventory: 151
MoM: 0.0%
Townhouse
$1,650
Median DOM: 24
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$1,664 / $1,625Range$1,166 – $2,856Rent per Sq Ft$2 / $2Sq Ft986 / 882DOM4 / 1New140Total259
Condo
Avg/Median Rent$1,800 / $1,750Range$1,750 – $1,850Rent per Sq Ft$2 / $1Sq Ft1,116 / 1,037DOM4 / 1New2Total2
Single Family
Avg/Median Rent$2,281 / $2,025Range$700 – $10,000Rent per Sq Ft$1 / $1Sq Ft1,776 / 1,670DOM46 / 33New18Total151
Townhouse
Avg/Median Rent$1,686 / $1,650Range$1,499 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,308 / 1,037DOM26 / 24New1Total4
Rentals by Bedroom Count
Studio
Avg:$700Median:$700Range:$700 – $700PSF:$1 / $1Sq Ft:1,340 / 1,340DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,486Median:$1,470Range:$1,166 – $2,200PSF:$2 / $2Sq Ft:772 / 768DOM:4 / 1New:62Total:121
2 Beds
Avg:$1,762Median:$1,725Range:$1,250 – $7,895PSF:$2 / $1Sq Ft:1,126 / 1,159DOM:6 / 1New:65Total:118
3 Beds
Avg:$2,127Median:$1,953Range:$800 – $10,000PSF:$1 / $1Sq Ft:1,476 / 1,380DOM:33 / 2New:27Total:114
4 Beds
Avg:$2,476Median:$2,199Range:$1,595 – $7,500PSF:$1 / $1Sq Ft:2,115 / 2,074DOM:51 / 33New:5Total:53
5 Beds
Avg:$2,503Median:$2,450Range:$2,349 – $2,895PSF:$1 / $1Sq Ft:2,433 / 2,252DOM:26 / 23New:1Total:6
6 Beds
Avg:$2,950Median:$2,900Range:$2,900 – $3,000PSF:$1 / $1Sq Ft:3,221 / 2,493DOM:25 / 24New:0Total:2
8 Beds
Avg:$2,795Median:$2,795Range:$2,795 – $2,795PSF:$1 / $1Sq Ft:2,000 / 2,000DOM:77 / 77New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $700 | $700 | $700 – $700 | $1 / $1 | 1,340 / 1,340 | 1 / 1 | 1 | 1 |
| 1 Beds | $1,486 | $1,470 | $1,166 – $2,200 | $2 / $2 | 772 / 768 | 4 / 1 | 62 | 121 |
| 2 Beds | $1,762 | $1,725 | $1,250 – $7,895 | $2 / $1 | 1,126 / 1,159 | 6 / 1 | 65 | 118 |
| 3 Beds | $2,127 | $1,953 | $800 – $10,000 | $1 / $1 | 1,476 / 1,380 | 33 / 2 | 27 | 114 |
| 4 Beds | $2,476 | $2,199 | $1,595 – $7,500 | $1 / $1 | 2,115 / 2,074 | 51 / 33 | 5 | 53 |
| 5 Beds | $2,503 | $2,450 | $2,349 – $2,895 | $1 / $1 | 2,433 / 2,252 | 26 / 23 | 1 | 6 |
| 6 Beds | $2,950 | $2,900 | $2,900 – $3,000 | $1 / $1 | 3,221 / 2,493 | 25 / 24 | 0 | 2 |
| 8 Beds | $2,795 | $2,795 | $2,795 – $2,795 | $1 / $1 | 2,000 / 2,000 | 77 / 77 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$389,990Median DOM:32New:85Total:289
Nov 2025
Median Price:$389,990Median DOM:27New:91Total:272
Dec 2025
Median Price:$399,000Median DOM:27New:86Total:265
Jan 2026
Median Price:$399,000Median DOM:18New:110Total:274
Feb 2026
Median Price:$400,000Median DOM:14New:123Total:290
Mar 2026
Median Price:$401,990Median DOM:12New:69Total:305
6-Month Rental Trend
Oct 2025
Median Rent:$1,900Median DOM:37New:25Total:134
Nov 2025
Median Rent:$1,899Median DOM:38New:33Total:129
Dec 2025
Median Rent:$1,895Median DOM:32New:43Total:147
Jan 2026
Median Rent:$1,900Median DOM:29New:56Total:179
Feb 2026
Median Rent:$1,725Median DOM:1New:264Total:393
Mar 2026
Median Rent:$1,725Median DOM:1New:161Total:416
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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.
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