ZIP 85051 Housing Market Report
Phoenix Metro
Report period: March 2026
85051 Monthly Market Update – March 2026
ZIP 85051 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$340,000
0.0%
Median DOM (Sales)
29
0.0%
New Listings (Sales)
10
−73.0%
Median Rent
$1,159
−1.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
272
+12.4%
Month-over-Month Movement
Median sale prices were flat. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (24 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($400,000 median)
Sales Market Overview
Median Price
$340,000
0.0%
Median DOM
29
0.0%
New Listings
10
−73.0%
Inventory
133
−0.7%
- Average Price: $316,463
- Median Price: $340,000
- Price Range: $119,995 – $509,999
- Price per Sq Ft (Avg/Median): $225 / $221
- Square Footage (Avg/Median): 1,449 / 1,546
- Square Footage Range: 466 – 2,565
- Days on Market (Avg/Median): 58 / 29
- Days on Market Range: 2 – 292
- New Listings: 10
- Total Listings: 133
Sales by Property Type
Condo
Avg/Median Price$159,160 / $159,900Range$119,995 – $215,000Price per Sq Ft$227 / $215Sq Ft723 / 754DOM72 / 31New1Total10
Land
Avg/Median Price$200,000 / $200,000Range$200,000 – $200,000Price per Sq Ft—Sq Ft—DOM24 / 24New0Total1
Multi-Family
Avg/Median Price$350,000 / $350,000Range$350,000 – $350,000Price per Sq Ft—Sq Ft—DOM29 / 29New0Total1
Single Family
Avg/Median Price$373,090 / $369,000Range$250,000 – $509,999Price per Sq Ft$238 / $235Sq Ft1,618 / 1,675DOM58 / 28New5Total86
Townhouse
Avg/Median Price$224,637 / $225,000Range$159,900 – $380,000Price per Sq Ft$193 / $183Sq Ft1,242 / 1,178DOM55 / 28New4Total35
Sales by Bedroom Count
1 Beds
Avg:$165,720Median:$164,000Range:$119,995 – $215,000PSF:$257 / $244Sq Ft:660 / 687DOM:63 / 29New:2Total:10
2 Beds
Avg:$226,833Median:$208,999Range:$159,900 – $509,999PSF:$213 / $215Sq Ft:1,070 / 986DOM:64 / 29New:0Total:21
3 Beds
Avg:$342,008Median:$355,000Range:$179,990 – $479,000PSF:$225 / $223Sq Ft:1,550 / 1,590DOM:53 / 28New:8Total:75
4 Beds
Avg:$371,884Median:$369,900Range:$265,000 – $450,000PSF:$226 / $221Sq Ft:1,704 / 1,759DOM:69 / 29New:0Total:23
5 Beds
Avg:$421,667Median:$400,000Range:$395,000 – $470,000PSF:$182 / $172Sq Ft:2,335 / 2,297DOM:45 / 27New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $165,720 | $164,000 | $119,995 – $215,000 | $257 / $244 | 660 / 687 | 63 / 29 | 2 | 10 |
| 2 Beds | $226,833 | $208,999 | $159,900 – $509,999 | $213 / $215 | 1,070 / 986 | 64 / 29 | 0 | 21 |
| 3 Beds | $342,008 | $355,000 | $179,990 – $479,000 | $225 / $223 | 1,550 / 1,590 | 53 / 28 | 8 | 75 |
| 4 Beds | $371,884 | $369,900 | $265,000 – $450,000 | $226 / $221 | 1,704 / 1,759 | 69 / 29 | 0 | 23 |
| 5 Beds | $421,667 | $400,000 | $395,000 – $470,000 | $182 / $172 | 2,335 / 2,297 | 45 / 27 | 0 | 3 |
Rental Market Overview
Median Rent
$1,159
−1.4%
Median DOM
1
0.0%
New Listings
118
Inventory
272
+12.4%
- Average Rent: $1,324
- Median Rent: $1,159
- Rent Range: $599 – $3,800
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,003 / 835
- Square Footage Range: 400 – 4,376
- Days on Market (Avg/Median): 32 / 1
- Days on Market Range: 1 – 352
- New Listings: 118
- Total Listings: 272
Rentals by Property Type
Apartment
$1,029
Median DOM: 1
Inventory: 192
MoM: −1.4%
Condo
$1,250
Median DOM: 213
Inventory: 6
MoM: −1.4%
Single Family
$2,000
Median DOM: 16
Inventory: 61
MoM: −1.4%
Townhouse
$1,350
Median DOM: 19
Inventory: 13
MoM: −1.4%
Apartment
Avg/Median Rent$1,084 / $1,029Range$599 – $3,750Rent per Sq Ft$1 / $1Sq Ft804 / 720DOM27 / 1New99Total192
Condo
Avg/Median Rent$1,433 / $1,250Range$1,100 – $1,800Rent per Sq Ft$3 / $3Sq Ft638 / 500DOM180 / 213New0Total6
Single Family
Avg/Median Rent$2,053 / $2,000Range$1,400 – $3,800Rent per Sq Ft$1 / $1Sq Ft1,653 / 1,654DOM30 / 16New15Total61
Townhouse
Avg/Median Rent$1,396 / $1,350Range$915 – $1,750Rent per Sq Ft$1 / $2Sq Ft1,025 / 1,000DOM37 / 19New4Total13
Rentals by Bedroom Count
Studio
Avg:$864Median:$869Range:$659 – $969PSF:$2 / $2Sq Ft:451 / 461DOM:30 / 1New:14Total:26
1 Beds
Avg:$1,014Median:$1,006Range:$599 – $1,800PSF:$2 / $1Sq Ft:681 / 688DOM:33 / 1New:46Total:94
2 Beds
Avg:$1,247Median:$1,249Range:$895 – $1,794PSF:$1 / $1Sq Ft:1,041 / 924DOM:32 / 1New:41Total:87
3 Beds
Avg:$1,962Median:$1,935Range:$1,100 – $2,810PSF:$1 / $1Sq Ft:1,533 / 1,537DOM:26 / 12New:13Total:45
4 Beds
Avg:$2,117Median:$2,095Range:$1,715 – $2,450PSF:$1 / $1Sq Ft:1,865 / 1,908DOM:41 / 25New:3Total:16
5 Beds
Avg:$2,662Median:$2,245Range:$1,990 – $3,750PSF:$1 / $1Sq Ft:2,040 / 2,098DOM:1 / 1New:0Total:3
6 Beds
Avg:$3,800Median:$3,800Range:$3,800 – $3,800PSF:$3 / $3Sq Ft:1,516 / 1,516DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $864 | $869 | $659 – $969 | $2 / $2 | 451 / 461 | 30 / 1 | 14 | 26 |
| 1 Beds | $1,014 | $1,006 | $599 – $1,800 | $2 / $1 | 681 / 688 | 33 / 1 | 46 | 94 |
| 2 Beds | $1,247 | $1,249 | $895 – $1,794 | $1 / $1 | 1,041 / 924 | 32 / 1 | 41 | 87 |
| 3 Beds | $1,962 | $1,935 | $1,100 – $2,810 | $1 / $1 | 1,533 / 1,537 | 26 / 12 | 13 | 45 |
| 4 Beds | $2,117 | $2,095 | $1,715 – $2,450 | $1 / $1 | 1,865 / 1,908 | 41 / 25 | 3 | 16 |
| 5 Beds | $2,662 | $2,245 | $1,990 – $3,750 | $1 / $1 | 2,040 / 2,098 | 1 / 1 | 0 | 3 |
| 6 Beds | $3,800 | $3,800 | $3,800 – $3,800 | $3 / $3 | 1,516 / 1,516 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$367,500Median DOM:39New:38Total:159
Nov 2025
Median Price:$355,000Median DOM:40New:28Total:154
Dec 2025
Median Price:$349,999Median DOM:47New:23Total:147
Jan 2026
Median Price:$349,000Median DOM:44New:35Total:139
Feb 2026
Median Price:$340,000Median DOM:29New:37Total:134
Mar 2026
Median Price:$340,000Median DOM:29New:10Total:133
6-Month Rental Trend
Oct 2025
Median Rent:$1,500Median DOM:50New:20Total:108
Nov 2025
Median Rent:$1,445Median DOM:67New:11Total:97
Dec 2025
Median Rent:$1,265Median DOM:61New:26Total:104
Jan 2026
Median Rent:$1,250Median DOM:55New:22Total:109
Feb 2026
Median Rent:$1,175Median DOM:1New:157Total:242
Mar 2026
Median Rent:$1,159Median DOM:1New:118Total:272
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market were unchanged, signaling steady 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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