ZIP 85044 Housing Market Report

Phoenix Metro

Report period: March 2026

85044 Monthly Market Update – March 2026

ZIP 85044 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$465,000
+1.1%
Median DOM (Sales)
29
0.0%
New Listings (Sales)
12
−81.3%
Median Rent
$1,551
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
506
+9.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Land (13 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,999,000 median)

Sales Market Overview

Median Price
$465,000
+1.1%
Median DOM
29
0.0%
New Listings
12
−81.3%
Inventory
218
+3.3%
  • Average Price: $566,260
  • Median Price: $465,000
  • Price Range: $205,000 – $3,495,000
  • Price per Sq Ft (Avg/Median): $303 / $295
  • Square Footage (Avg/Median): 1,833 / 1,524
  • Square Footage Range: 675 – 7,217
  • Days on Market (Avg/Median): 68 / 29
  • Days on Market Range: 1 – 353
  • New Listings: 12
  • Total Listings: 218

Sales by Property Type

Condo
Avg/Median Price$243,300 / $249,000Range$205,000 – $260,000Price per Sq Ft$268 / $266Sq Ft914 / 960DOM60 / 27New1Total6
Land
Avg/Median Price$599,950 / $599,900Range$599,900 – $599,999Price per Sq FtSq FtDOM141 / 13New0Total2
Single Family
Avg/Median Price$646,877 / $510,000Range$289,000 – $3,495,000Price per Sq Ft$310 / $306Sq Ft2,055 / 1,831DOM65 / 28New10Total153
Townhouse
Avg/Median Price$382,681 / $349,900Range$274,900 – $950,000Price per Sq Ft$289 / $279Sq Ft1,335 / 1,368DOM74 / 31New1Total57

Sales by Bedroom Count

1 Beds
Avg:$205,000Median:$205,000Range:$205,000 – $205,000PSF:$304 / $304Sq Ft:675 / 675DOM:27 / 27New:0Total:1
2 Beds
Avg:$353,075Median:$349,900Range:$229,900 – $479,000PSF:$298 / $294Sq Ft:1,217 / 1,116DOM:78 / 31New:5Total:79
3 Beds
Avg:$495,537Median:$475,000Range:$335,000 – $675,000PSF:$306 / $310Sq Ft:1,647 / 1,596DOM:56 / 28New:5Total:75
4 Beds
Avg:$730,018Median:$600,000Range:$450,000 – $3,200,000PSF:$299 / $285Sq Ft:2,325 / 2,104DOM:73 / 31New:1Total:42
5 Beds
Avg:$1,135,258Median:$950,000Range:$610,000 – $2,375,000PSF:$313 / $301Sq Ft:3,557 / 2,710DOM:43 / 20New:1Total:15
6 Beds
Avg:$2,323,000Median:$1,999,000Range:$1,499,000 – $3,495,000PSF:$373 / $319Sq Ft:6,178 / 6,000DOM:99 / 67New:0Total:4

Rental Market Overview

Median Rent
$1,551
+0.1%
Median DOM
1
0.0%
New Listings
227
Inventory
506
+9.5%
  • Average Rent: $1,687
  • Median Rent: $1,551
  • Rent Range: $995 – $7,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,031 / 978
  • Square Footage Range: 300 – 4,855
  • Days on Market (Avg/Median): 12 / 1
  • Days on Market Range: 1 – 344
  • New Listings: 227
  • Total Listings: 506

Rentals by Property Type

Apartment
$1,504
Median DOM: 1
Inventory: 422
MoM: +0.1%
Condo
$1,295
Median DOM: 43
Inventory: 3
MoM: +0.1%
Single Family
$2,495
Median DOM: 21
Inventory: 55
MoM: +0.1%
Townhouse
$1,844
Median DOM: 1
Inventory: 26
MoM: +0.1%
Apartment
Avg/Median Rent$1,537 / $1,504Range$995 – $3,578Rent per Sq Ft$2 / $2Sq Ft920 / 960DOM7 / 1New213Total422
Condo
Avg/Median Rent$1,610 / $1,295Range$1,245 – $2,290Rent per Sq Ft$1 / $1Sq Ft1,120 / 965DOM122 / 43New1Total3
Single Family
Avg/Median Rent$2,728 / $2,495Range$1,500 – $7,995Rent per Sq Ft$2 / $2Sq Ft1,823 / 1,686DOM43 / 21New4Total55
Townhouse
Avg/Median Rent$1,934 / $1,844Range$1,380 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,167 / 1,060DOM17 / 1New9Total26

Rentals by Bedroom Count

Studio
Avg:$1,254Median:$1,228Range:$1,059 – $1,953PSF:$2 / $2Sq Ft:557 / 575DOM:14 / 1New:17Total:28
1 Beds
Avg:$1,369Median:$1,325Range:$995 – $1,977PSF:$2 / $2Sq Ft:750 / 732DOM:10 / 1New:78Total:171
2 Beds
Avg:$1,658Median:$1,589Range:$1,245 – $3,208PSF:$2 / $2Sq Ft:1,053 / 1,040DOM:8 / 1New:104Total:208
3 Beds
Avg:$2,245Median:$2,079Range:$1,694 – $5,000PSF:$2 / $1Sq Ft:1,456 / 1,419DOM:19 / 1New:27Total:84
4 Beds
Avg:$2,816Median:$2,525Range:$1,999 – $5,500PSF:$1 / $1Sq Ft:2,145 / 2,187DOM:38 / 14New:1Total:11
5 Beds
Avg:$4,998Median:$3,995Range:$3,000 – $7,995PSF:$2 / $1Sq Ft:3,229 / 2,675DOM:23 / 6New:0Total:4

6-Month Sales Trend

Oct 2025
Median Price:$499,000Median DOM:39New:57Total:219
Nov 2025
Median Price:$489,000Median DOM:39New:36Total:210
Dec 2025
Median Price:$480,000Median DOM:49New:22Total:186
Jan 2026
Median Price:$475,000Median DOM:50New:42Total:186
Feb 2026
Median Price:$460,000Median DOM:29New:64Total:211
Mar 2026
Median Price:$465,000Median DOM:29New:12Total:218

6-Month Rental Trend

Oct 2025
Median Rent:$2,045Median DOM:61New:16Total:100
Nov 2025
Median Rent:$2,145Median DOM:57New:20Total:109
Dec 2025
Median Rent:$1,750Median DOM:29New:45Total:133
Jan 2026
Median Rent:$1,650Median DOM:10New:58Total:162
Feb 2026
Median Rent:$1,550Median DOM:1New:351Total:462
Mar 2026
Median Rent:$1,551Median DOM:1New:227Total:506

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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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