ZIP 85042 Housing Market Report
Phoenix Metro
Report period: March 2026
85042 Monthly Market Update – March 2026
ZIP 85042 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$459,000
+2.0%
Median DOM (Sales)
40
−14.9%
New Listings (Sales)
14
−65.0%
Median Rent
$1,950
−2.3%
Median DOM (Rental)
8
−38.5%
Total Rental Listings
174
+10.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (20 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($825,000 median)
Sales Market Overview
Median Price
$459,000
+2.0%
Median DOM
40
−14.9%
New Listings
14
−65.0%
Inventory
232
−4.5%
- Average Price: $548,814
- Median Price: $459,000
- Price Range: $5,750 – $2,900,000
- Price per Sq Ft (Avg/Median): $266 / $257
- Square Footage (Avg/Median): 1,961 / 1,840
- Square Footage Range: 340 – 4,769
- Days on Market (Avg/Median): 92 / 40
- Days on Market Range: 2 – 355
- New Listings: 14
- Total Listings: 232
Sales by Property Type
Condo
Avg/Median Price$231,678 / $249,000Range$179,900 – $275,000Price per Sq Ft$281 / $288Sq Ft840 / 858DOM132 / 125New0Total9
Land
Avg/Median Price$854,921 / $565,000Range$5,750 – $2,900,000Price per Sq Ft—Sq Ft—DOM159 / 148New1Total17
Manufactured
Avg/Median Price$125,309 / $107,000Range$40,000 – $224,900Price per Sq Ft$115 / $108Sq Ft1,107 / 960DOM147 / 163New0Total11
Multi-Family
Avg/Median Price$516,250 / $525,000Range$250,000 – $765,000Price per Sq Ft—Sq Ft—DOM69 / 20New0Total4
Single Family
Avg/Median Price$609,952 / $520,000Range$215,000 – $2,190,000Price per Sq Ft$277 / $260Sq Ft2,223 / 1,977DOM80 / 31New9Total157
Townhouse
Avg/Median Price$338,243 / $320,000Range$188,600 – $544,990Price per Sq Ft$259 / $249Sq Ft1,327 / 1,299DOM95 / 38New4Total34
Sales by Bedroom Count
Studio
Avg:$225,000Median:$225,000Range:$225,000 – $225,000PSF:$662 / $662Sq Ft:340 / 340DOM:95 / 95New:0Total:1
1 Beds
Avg:$189,600Median:$189,000Range:$179,900 – $199,900PSF:$307 / $304Sq Ft:620 / 624DOM:120 / 125New:0Total:3
2 Beds
Avg:$283,096Median:$259,000Range:$58,000 – $525,000PSF:$253 / $260Sq Ft:1,114 / 944DOM:111 / 99New:3Total:45
3 Beds
Avg:$492,153Median:$445,000Range:$40,000 – $2,100,000PSF:$267 / $254Sq Ft:1,827 / 1,734DOM:86 / 38New:4Total:92
4 Beds
Avg:$696,330Median:$585,000Range:$352,000 – $2,190,000PSF:$266 / $256Sq Ft:2,562 / 2,360DOM:72 / 29New:5Total:61
5 Beds
Avg:$884,923Median:$825,000Range:$425,000 – $1,698,999PSF:$260 / $239Sq Ft:3,364 / 3,404DOM:86 / 30New:1Total:13
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $225,000 | $225,000 | $225,000 – $225,000 | $662 / $662 | 340 / 340 | 95 / 95 | 0 | 1 |
| 1 Beds | $189,600 | $189,000 | $179,900 – $199,900 | $307 / $304 | 620 / 624 | 120 / 125 | 0 | 3 |
| 2 Beds | $283,096 | $259,000 | $58,000 – $525,000 | $253 / $260 | 1,114 / 944 | 111 / 99 | 3 | 45 |
| 3 Beds | $492,153 | $445,000 | $40,000 – $2,100,000 | $267 / $254 | 1,827 / 1,734 | 86 / 38 | 4 | 92 |
| 4 Beds | $696,330 | $585,000 | $352,000 – $2,190,000 | $266 / $256 | 2,562 / 2,360 | 72 / 29 | 5 | 61 |
| 5 Beds | $884,923 | $825,000 | $425,000 – $1,698,999 | $260 / $239 | 3,364 / 3,404 | 86 / 30 | 1 | 13 |
Rental Market Overview
Median Rent
$1,950
−2.3%
Median DOM
8
−38.5%
New Listings
37
Inventory
174
+10.8%
- Average Rent: $2,298
- Median Rent: $1,950
- Rent Range: $690 – $9,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,431 / 1,309
- Square Footage Range: 444 – 4,769
- Days on Market (Avg/Median): 41 / 8
- Days on Market Range: 1 – 324
- New Listings: 37
- Total Listings: 174
Rentals by Property Type
Apartment
$1,324
Median DOM: 1
Inventory: 69
MoM: −2.3%
Condo
$1,395
Median DOM: 1
Inventory: 1
MoM: −2.3%
Single Family
$2,300
Median DOM: 19
Inventory: 94
MoM: −2.3%
Townhouse
$1,849
Median DOM: 24
Inventory: 10
MoM: −2.3%
Apartment
Avg/Median Rent$1,558 / $1,324Range$850 – $4,346Rent per Sq Ft$2 / $2Sq Ft787 / 740DOM34 / 1New25Total69
Condo
Avg/Median Rent$1,395 / $1,395Range$1,395 – $1,395Rent per Sq Ft$1 / $1Sq Ft1,064 / 1,064DOM1 / 1New0Total1
Single Family
Avg/Median Rent$2,882 / $2,300Range$690 – $9,000Rent per Sq Ft$2 / $1Sq Ft1,904 / 1,756DOM44 / 19New12Total94
Townhouse
Avg/Median Rent$2,011 / $1,849Range$1,200 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,338 / 1,205DOM56 / 24New0Total10
Rentals by Bedroom Count
1 Beds
Avg:$1,347Median:$1,200Range:$975 – $2,001PSF:$2 / $2Sq Ft:612 / 614DOM:28 / 1New:13Total:35
2 Beds
Avg:$1,622Median:$1,370Range:$850 – $3,800PSF:$2 / $1Sq Ft:1,038 / 934DOM:44 / 1New:12Total:40
3 Beds
Avg:$2,730Median:$2,250Range:$1,334 – $8,995PSF:$2 / $1Sq Ft:1,578 / 1,548DOM:38 / 7New:10Total:61
4 Beds
Avg:$3,004Median:$2,450Range:$1,850 – $6,000PSF:$1 / $1Sq Ft:2,234 / 1,966DOM:44 / 28New:1Total:29
5 Beds
Avg:$3,802Median:$2,800Range:$690 – $9,000PSF:$1 / $1Sq Ft:2,811 / 2,548DOM:72 / 48New:1Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,347 | $1,200 | $975 – $2,001 | $2 / $2 | 612 / 614 | 28 / 1 | 13 | 35 |
| 2 Beds | $1,622 | $1,370 | $850 – $3,800 | $2 / $1 | 1,038 / 934 | 44 / 1 | 12 | 40 |
| 3 Beds | $2,730 | $2,250 | $1,334 – $8,995 | $2 / $1 | 1,578 / 1,548 | 38 / 7 | 10 | 61 |
| 4 Beds | $3,004 | $2,450 | $1,850 – $6,000 | $1 / $1 | 2,234 / 1,966 | 44 / 28 | 1 | 29 |
| 5 Beds | $3,802 | $2,800 | $690 – $9,000 | $1 / $1 | 2,811 / 2,548 | 72 / 48 | 1 | 9 |
6-Month Sales Trend
Oct 2025
Median Price:$450,000Median DOM:42New:47Total:252
Nov 2025
Median Price:$450,000Median DOM:44New:47Total:260
Dec 2025
Median Price:$449,000Median DOM:78New:47Total:241
Jan 2026
Median Price:$450,000Median DOM:54New:55Total:256
Feb 2026
Median Price:$450,000Median DOM:47New:40Total:243
Mar 2026
Median Price:$459,000Median DOM:40New:14Total:232
6-Month Rental Trend
Oct 2025
Median Rent:$2,095Median DOM:54New:20Total:142
Nov 2025
Median Rent:$2,095Median DOM:55New:26Total:135
Dec 2025
Median Rent:$2,050Median DOM:61New:16Total:134
Jan 2026
Median Rent:$2,150Median DOM:62New:18Total:110
Feb 2026
Median Rent:$1,995Median DOM:13New:73Total:157
Mar 2026
Median Rent:$1,950Median DOM:8New:37Total:174
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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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