ZIP 85043 Housing Market Report

Phoenix Metro

Report period: March 2026

85043 Monthly Market Update – March 2026

ZIP 85043 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$370,000
+1.4%
Median DOM (Sales)
29
0.0%
New Listings (Sales)
7
−75.0%
Median Rent
$1,920
+1.1%
Median DOM (Rental)
38
−20.8%
Total Rental Listings
117
+1.7%

Month-over-Month Movement

Median sale prices moved higher. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (29 DOM)
  • Fastest renting: Single Family (34 DOM)
  • Strongest bedroom: 6 Beds ($480,000 median)

Sales Market Overview

Median Price
$370,000
+1.4%
Median DOM
29
0.0%
New Listings
7
−75.0%
Inventory
132
−2.9%
  • Average Price: $356,040
  • Median Price: $370,000
  • Price Range: $34,900 – $675,000
  • Price per Sq Ft (Avg/Median): $202 / $208
  • Square Footage (Avg/Median): 1,749 / 1,648
  • Square Footage Range: 780 – 3,818
  • Days on Market (Avg/Median): 71 / 29
  • Days on Market Range: 4 – 282
  • New Listings: 7
  • Total Listings: 132

Sales by Property Type

Land
Avg/Median Price$550,000 / $550,000Range$550,000 – $550,000Price per Sq FtSq FtDOMNew0Total1
Manufactured
Avg/Median Price$107,314 / $100,000Range$34,900 – $225,900Price per Sq Ft$93 / $89Sq Ft1,212 / 1,248DOM130 / 122New0Total21
Single Family
Avg/Median Price$423,739 / $399,999Range$257,000 – $675,000Price per Sq Ft$227 / $219Sq Ft1,935 / 1,830DOM57 / 29New7Total96
Townhouse
Avg/Median Price$251,053 / $253,000Range$140,250 – $325,000Price per Sq Ft$193 / $196Sq Ft1,284 / 1,227DOM88 / 62New0Total14

Sales by Bedroom Count

1 Beds
Avg:$45,000Median:$45,000Range:$45,000 – $45,000PSF:$46 / $46Sq Ft:980 / 980DOM:114 / 114New:0Total:1
2 Beds
Avg:$167,704Median:$146,900Range:$34,900 – $300,500PSF:$155 / $167Sq Ft:1,074 / 1,024DOM:134 / 116New:0Total:14
3 Beds
Avg:$354,348Median:$356,000Range:$45,000 – $625,000PSF:$219 / $226Sq Ft:1,604 / 1,534DOM:69 / 29New:2Total:67
4 Beds
Avg:$399,494Median:$410,000Range:$100,000 – $675,000PSF:$198 / $203Sq Ft:2,007 / 1,851DOM:61 / 29New:5Total:38
5 Beds
Avg:$465,235Median:$464,900Range:$330,000 – $535,000PSF:$183 / $177Sq Ft:2,559 / 2,634DOM:46 / 29New:0Total:10
6 Beds
Avg:$480,000Median:$480,000Range:$480,000 – $480,000PSF:$126 / $126Sq Ft:3,818 / 3,818DOM:20 / 20New:0Total:1

Rental Market Overview

Median Rent
$1,920
+1.1%
Median DOM
38
−20.8%
New Listings
19
Inventory
117
+1.7%
  • Average Rent: $2,011
  • Median Rent: $1,920
  • Rent Range: $1,000 – $4,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,611 / 1,605
  • Square Footage Range: 360 – 3,174
  • Days on Market (Avg/Median): 62 / 38
  • Days on Market Range: 1 – 343
  • New Listings: 19
  • Total Listings: 117

Rentals by Property Type

Apartment
$1,369
Median DOM: 224
Inventory: 4
MoM: +1.1%
Condo
Median DOM:
Inventory:
MoM: +1.1%
Single Family
$1,929
Median DOM: 34
Inventory: 102
MoM: +1.1%
Townhouse
$1,795
Median DOM: 103
Inventory: 11
MoM: +1.1%
Apartment
Avg/Median Rent$1,598 / $1,369Range$1,200 – $2,047Rent per Sq Ft$2 / $2Sq Ft714 / 717DOM224 / 224New0Total4
Single Family
Avg/Median Rent$2,054 / $1,929Range$1,000 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,685 / 1,646DOM49 / 34New18Total102
Townhouse
Avg/Median Rent$1,759 / $1,795Range$1,200 – $2,684Rent per Sq Ft$1 / $1Sq Ft1,254 / 1,227DOM141 / 103New1Total11

Rentals by Bedroom Count

Studio
Avg:$1,200Median:$1,200Range:$1,200 – $1,200PSF:$3 / $3Sq Ft:360 / 360DOM:New:0Total:1
1 Beds
Avg:$1,470Median:$1,400Range:$1,000 – $1,803PSF:$2 / $2Sq Ft:1,018 / 717DOM:234 / 224New:0Total:5
2 Beds
Avg:$1,552Median:$1,398Range:$1,200 – $2,047PSF:$2 / $1Sq Ft:1,026 / 930DOM:177 / 221New:0Total:6
3 Beds
Avg:$1,926Median:$1,899Range:$1,295 – $3,000PSF:$1 / $1Sq Ft:1,478 / 1,463DOM:54 / 34New:10Total:61
4 Beds
Avg:$2,162Median:$2,080Range:$1,799 – $4,500PSF:$1 / $1Sq Ft:1,920 / 1,875DOM:40 / 30New:6Total:38
5 Beds
Avg:$2,958Median:$2,850Range:$2,550 – $3,500PSF:$1 / $1Sq Ft:2,299 / 1,939DOM:37 / 9New:3Total:6

6-Month Sales Trend

Oct 2025
Median Price:$370,000Median DOM:44New:25Total:145
Nov 2025
Median Price:$365,000Median DOM:41New:40Total:148
Dec 2025
Median Price:$362,500Median DOM:52New:14Total:129
Jan 2026
Median Price:$362,500Median DOM:47New:36Total:137
Feb 2026
Median Price:$365,000Median DOM:29New:28Total:136
Mar 2026
Median Price:$370,000Median DOM:29New:7Total:132

6-Month Rental Trend

Oct 2025
Median Rent:$1,900Median DOM:41New:22Total:92
Nov 2025
Median Rent:$1,900Median DOM:41New:14Total:89
Dec 2025
Median Rent:$1,910Median DOM:46New:24Total:92
Jan 2026
Median Rent:$1,960Median DOM:55New:14Total:92
Feb 2026
Median Rent:$1,900Median DOM:48New:37Total:115
Mar 2026
Median Rent:$1,920Median DOM:38New:19Total:117

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady 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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