ZIP 85041 Housing Market Report
Phoenix Metro
Report period: March 2026
85041 Monthly Market Update – March 2026
ZIP 85041 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$410,000
−1.3%
Median DOM (Sales)
30
−3.2%
New Listings (Sales)
24
−58.6%
Median Rent
$2,015
+0.8%
Median DOM (Rental)
13
−50.0%
Total Rental Listings
190
+8.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (28 DOM)
- Fastest renting: Apartment (2 DOM)
- Strongest bedroom: 6 Beds ($775,000 median)
Sales Market Overview
Median Price
$410,000
−1.3%
Median DOM
30
−3.2%
New Listings
24
−58.6%
Inventory
228
+3.2%
- Average Price: $493,629
- Median Price: $410,000
- Price Range: $89,500 – $3,700,000
- Price per Sq Ft (Avg/Median): $240 / $234
- Square Footage (Avg/Median): 2,025 / 1,846
- Square Footage Range: 580 – 4,708
- Days on Market (Avg/Median): 79 / 30
- Days on Market Range: 2 – 341
- New Listings: 24
- Total Listings: 228
Sales by Property Type
Land
Avg/Median Price$673,340 / $330,000Range$125,000 – $3,700,000Price per Sq Ft—Sq Ft—DOM138 / 113New1Total18
Manufactured
Avg/Median Price$144,800 / $95,000Range$89,500 – $249,900Price per Sq Ft$125 / $100Sq Ft1,091 / 960DOM92 / 29New0Total3
Multi-Family
Avg/Median Price$712,500 / $650,000Range$650,000 – $775,000Price per Sq Ft—Sq Ft—DOM157 / 117New0Total2
Single Family
Avg/Median Price$482,598 / $417,500Range$185,000 – $1,620,000Price per Sq Ft$243 / $236Sq Ft2,042 / 1,872DOM73 / 30New23Total203
Townhouse
Avg/Median Price$300,250 / $221,500Range$221,500 – $378,999Price per Sq Ft$180 / $169Sq Ft1,702 / 1,160DOM125 / 28New0Total2
Sales by Bedroom Count
2 Beds
Avg:$308,822Median:$289,000Range:$95,000 – $650,000PSF:$274 / $263Sq Ft:995 / 960DOM:81 / 41New:1Total:9
3 Beds
Avg:$399,136Median:$369,900Range:$89,500 – $1,459,500PSF:$257 / $259Sq Ft:1,570 / 1,503DOM:62 / 29New:5Total:74
4 Beds
Avg:$509,912Median:$445,900Range:$220,000 – $1,550,000PSF:$235 / $231Sq Ft:2,165 / 2,032DOM:78 / 28New:11Total:95
5 Beds
Avg:$593,456Median:$521,500Range:$325,000 – $1,620,000PSF:$210 / $188Sq Ft:2,848 / 2,755DOM:84 / 64New:5Total:25
6 Beds
Avg:$690,547Median:$775,000Range:$239,950 – $1,199,000PSF:$191 / $170Sq Ft:3,358 / 3,293DOM:110 / 110New:1Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $308,822 | $289,000 | $95,000 – $650,000 | $274 / $263 | 995 / 960 | 81 / 41 | 1 | 9 |
| 3 Beds | $399,136 | $369,900 | $89,500 – $1,459,500 | $257 / $259 | 1,570 / 1,503 | 62 / 29 | 5 | 74 |
| 4 Beds | $509,912 | $445,900 | $220,000 – $1,550,000 | $235 / $231 | 2,165 / 2,032 | 78 / 28 | 11 | 95 |
| 5 Beds | $593,456 | $521,500 | $325,000 – $1,620,000 | $210 / $188 | 2,848 / 2,755 | 84 / 64 | 5 | 25 |
| 6 Beds | $690,547 | $775,000 | $239,950 – $1,199,000 | $191 / $170 | 3,358 / 3,293 | 110 / 110 | 1 | 7 |
Rental Market Overview
Median Rent
$2,015
+0.8%
Median DOM
13
−50.0%
New Listings
34
Inventory
190
+8.0%
- Average Rent: $2,115
- Median Rent: $2,015
- Rent Range: $875 – $8,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,728 / 1,665
- Square Footage Range: 396 – 16,421
- Days on Market (Avg/Median): 43 / 13
- Days on Market Range: 1 – 336
- New Listings: 34
- Total Listings: 190
Rentals by Property Type
Apartment
$1,320
Median DOM: 2
Inventory: 29
MoM: +0.8%
Condo
—
Median DOM: —
Inventory: —
MoM: +0.8%
Single Family
$2,095
Median DOM: 13
Inventory: 159
MoM: +0.8%
Townhouse
$1,995
Median DOM: 261
Inventory: 1
MoM: +0.8%
Apartment
Avg/Median Rent$1,326 / $1,320Range$875 – $2,290Rent per Sq Ft$2 / $2Sq Ft841 / 849DOM63 / 2New5Total29
Multi-Family
Avg/Median Rent$1,360 / $1,360Range$1,360 – $1,360Rent per Sq Ft$1 / $1Sq Ft1,160 / 1,160DOM85 / 85New0Total1
Single Family
Avg/Median Rent$2,264 / $2,095Range$1,245 – $8,500Rent per Sq Ft$1 / $1Sq Ft1,891 / 1,790DOM38 / 13New29Total159
Townhouse
Avg/Median Rent$1,995 / $1,995Range$1,995 – $1,995Rent per Sq Ft$2 / $2Sq Ft1,202 / 1,202DOM261 / 261New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,224Median:$1,212Range:$875 – $1,900PSF:$2 / $2Sq Ft:694 / 651DOM:88 / 60New:1Total:12
2 Beds
Avg:$1,297Median:$1,320Range:$1,050 – $1,445PSF:$1 / $2Sq Ft:1,987 / 849DOM:57 / 6New:3Total:14
3 Beds
Avg:$2,167Median:$1,999Range:$1,195 – $8,500PSF:$1 / $1Sq Ft:1,576 / 1,519DOM:36 / 7New:20Total:87
4 Beds
Avg:$2,314Median:$2,199Range:$1,350 – $8,000PSF:$1 / $1Sq Ft:1,976 / 1,948DOM:42 / 22New:9Total:69
5 Beds
Avg:$2,595Median:$2,500Range:$2,295 – $2,950PSF:$1 / $1Sq Ft:2,312 / 2,284DOM:43 / 15New:1Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,224 | $1,212 | $875 – $1,900 | $2 / $2 | 694 / 651 | 88 / 60 | 1 | 12 |
| 2 Beds | $1,297 | $1,320 | $1,050 – $1,445 | $1 / $2 | 1,987 / 849 | 57 / 6 | 3 | 14 |
| 3 Beds | $2,167 | $1,999 | $1,195 – $8,500 | $1 / $1 | 1,576 / 1,519 | 36 / 7 | 20 | 87 |
| 4 Beds | $2,314 | $2,199 | $1,350 – $8,000 | $1 / $1 | 1,976 / 1,948 | 42 / 22 | 9 | 69 |
| 5 Beds | $2,595 | $2,500 | $2,295 – $2,950 | $1 / $1 | 2,312 / 2,284 | 43 / 15 | 1 | 8 |
6-Month Sales Trend
Oct 2025
Median Price:$430,000Median DOM:40New:65Total:261
Nov 2025
Median Price:$420,000Median DOM:40New:58Total:267
Dec 2025
Median Price:$420,000Median DOM:47New:41Total:235
Jan 2026
Median Price:$417,500Median DOM:48New:54Total:231
Feb 2026
Median Price:$415,500Median DOM:31New:58Total:221
Mar 2026
Median Price:$410,000Median DOM:30New:24Total:228
6-Month Rental Trend
Oct 2025
Median Rent:$1,996Median DOM:43New:32Total:150
Nov 2025
Median Rent:$1,998Median DOM:39New:32Total:143
Dec 2025
Median Rent:$2,000Median DOM:51New:28Total:137
Jan 2026
Median Rent:$2,045Median DOM:57New:35Total:143
Feb 2026
Median Rent:$2,000Median DOM:26New:72Total:176
Mar 2026
Median Rent:$2,015Median DOM:13New:34Total:190
Key Market Takeaways
Median sale prices softened 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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