ZIP 85054 Housing Market Report
Phoenix Metro
Report period: March 2026
85054 Monthly Market Update – March 2026
ZIP 85054 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$640,000
0.0%
Median DOM (Sales)
30
+3.4%
New Listings (Sales)
6
−82.9%
Median Rent
$2,058
−1.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
339
+7.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (28 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,895,000 median)
Sales Market Overview
Median Price
$640,000
0.0%
Median DOM
30
+3.4%
New Listings
6
−82.9%
Inventory
133
0.0%
- Average Price: $801,136
- Median Price: $640,000
- Price Range: $257,700 – $1,895,000
- Price per Sq Ft (Avg/Median): $422 / $371
- Square Footage (Avg/Median): 1,852 / 1,781
- Square Footage Range: 728 – 5,329
- Days on Market (Avg/Median): 72 / 30
- Days on Market Range: 2 – 328
- New Listings: 6
- Total Listings: 133
Sales by Property Type
Condo
Avg/Median Price$629,652 / $489,000Range$257,700 – $1,545,000Price per Sq Ft$424 / $368Sq Ft1,424 / 1,408DOM82 / 31New3Total77
Single Family
Avg/Median Price$1,231,197 / $1,210,000Range$580,000 – $1,895,000Price per Sq Ft$448 / $446Sq Ft2,763 / 2,621DOM57 / 28New2Total38
Townhouse
Avg/Median Price$626,801 / $639,900Range$375,000 – $840,990Price per Sq Ft$357 / $359Sq Ft1,758 / 1,743DOM60 / 28New1Total18
Sales by Bedroom Count
1 Beds
Avg:$324,336Median:$300,000Range:$257,700 – $469,000PSF:$378 / $370Sq Ft:860 / 796DOM:125 / 29New:1Total:8
2 Beds
Avg:$642,595Median:$499,000Range:$313,000 – $1,545,000PSF:$423 / $362Sq Ft:1,463 / 1,422DOM:79 / 34New:2Total:67
3 Beds
Avg:$850,498Median:$724,070Range:$389,999 – $1,679,000PSF:$415 / $370Sq Ft:2,025 / 1,962DOM:54 / 28New:3Total:32
4 Beds
Avg:$1,210,605Median:$1,100,000Range:$580,000 – $1,849,900PSF:$437 / $472Sq Ft:2,771 / 2,597DOM:40 / 23New:0Total:16
5 Beds
Avg:$1,380,211Median:$1,399,999Range:$1,050,000 – $1,595,000PSF:$429 / $433Sq Ft:3,233 / 3,213DOM:59 / 29New:0Total:9
6 Beds
Avg:$1,895,000Median:$1,895,000Range:$1,895,000 – $1,895,000PSF:$607 / $607Sq Ft:3,121 / 3,121DOM:313 / 313New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $324,336 | $300,000 | $257,700 – $469,000 | $378 / $370 | 860 / 796 | 125 / 29 | 1 | 8 |
| 2 Beds | $642,595 | $499,000 | $313,000 – $1,545,000 | $423 / $362 | 1,463 / 1,422 | 79 / 34 | 2 | 67 |
| 3 Beds | $850,498 | $724,070 | $389,999 – $1,679,000 | $415 / $370 | 2,025 / 1,962 | 54 / 28 | 3 | 32 |
| 4 Beds | $1,210,605 | $1,100,000 | $580,000 – $1,849,900 | $437 / $472 | 2,771 / 2,597 | 40 / 23 | 0 | 16 |
| 5 Beds | $1,380,211 | $1,399,999 | $1,050,000 – $1,595,000 | $429 / $433 | 3,233 / 3,213 | 59 / 29 | 0 | 9 |
| 6 Beds | $1,895,000 | $1,895,000 | $1,895,000 – $1,895,000 | $607 / $607 | 3,121 / 3,121 | 313 / 313 | 0 | 1 |
Rental Market Overview
Median Rent
$2,058
−1.1%
Median DOM
1
0.0%
New Listings
145
Inventory
339
+7.3%
- Average Rent: $2,378
- Median Rent: $2,058
- Rent Range: $1,369 – $9,538
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,022 / 927
- Square Footage Range: 468 – 3,972
- Days on Market (Avg/Median): 18 / 1
- Days on Market Range: 1 – 363
- New Listings: 145
- Total Listings: 339
Rentals by Property Type
Apartment
$2,000
Median DOM: 1
Inventory: 297
MoM: −1.1%
Condo
$2,150
Median DOM: 69
Inventory: 7
MoM: −1.1%
Single Family
$3,595
Median DOM: 43
Inventory: 14
MoM: −1.1%
Townhouse
$3,400
Median DOM: 52
Inventory: 21
MoM: −1.1%
Apartment
Avg/Median Rent$2,189 / $2,000Range$1,369 – $9,538Rent per Sq Ft$2 / $2Sq Ft929 / 849DOM9 / 1New142Total297
Condo
Avg/Median Rent$3,325 / $2,150Range$1,495 – $6,409Rent per Sq Ft$2 / $2Sq Ft1,105 / 1,009DOM76 / 69New0Total7
Single Family
Avg/Median Rent$4,345 / $3,595Range$2,700 – $7,000Rent per Sq Ft$2 / $2Sq Ft2,235 / 2,007DOM49 / 43New1Total14
Townhouse
Avg/Median Rent$3,428 / $3,400Range$1,595 – $6,800Rent per Sq Ft$2 / $2Sq Ft1,531 / 1,408DOM112 / 52New2Total21
Rentals by Bedroom Count
Studio
Avg:$1,625Median:$1,640Range:$1,369 – $1,928PSF:$3 / $3Sq Ft:598 / 600DOM:1 / 1New:14Total:21
1 Beds
Avg:$1,918Median:$1,845Range:$1,410 – $3,750PSF:$3 / $2Sq Ft:762 / 760DOM:8 / 1New:63Total:131
2 Beds
Avg:$2,511Median:$2,400Range:$1,495 – $6,409PSF:$2 / $2Sq Ft:1,130 / 1,112DOM:21 / 1New:62Total:153
3 Beds
Avg:$3,957Median:$3,500Range:$2,050 – $9,538PSF:$2 / $2Sq Ft:1,756 / 1,697DOM:56 / 9New:6Total:27
4 Beds
Avg:$4,269Median:$4,500Range:$3,400 – $5,000PSF:$2 / $2Sq Ft:2,190 / 2,007DOM:64 / 58New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,625 | $1,640 | $1,369 – $1,928 | $3 / $3 | 598 / 600 | 1 / 1 | 14 | 21 |
| 1 Beds | $1,918 | $1,845 | $1,410 – $3,750 | $3 / $2 | 762 / 760 | 8 / 1 | 63 | 131 |
| 2 Beds | $2,511 | $2,400 | $1,495 – $6,409 | $2 / $2 | 1,130 / 1,112 | 21 / 1 | 62 | 153 |
| 3 Beds | $3,957 | $3,500 | $2,050 – $9,538 | $2 / $2 | 1,756 / 1,697 | 56 / 9 | 6 | 27 |
| 4 Beds | $4,269 | $4,500 | $3,400 – $5,000 | $2 / $2 | 2,190 / 2,007 | 64 / 58 | 0 | 7 |
6-Month Sales Trend
Oct 2025
Median Price:$607,400Median DOM:39New:30Total:129
Nov 2025
Median Price:$599,999Median DOM:40New:28Total:132
Dec 2025
Median Price:$599,990Median DOM:49New:19Total:107
Jan 2026
Median Price:$628,490Median DOM:38New:42Total:114
Feb 2026
Median Price:$640,000Median DOM:29New:35Total:133
Mar 2026
Median Price:$640,000Median DOM:30New:6Total:133
6-Month Rental Trend
Oct 2025
Median Rent:$2,600Median DOM:40New:20Total:87
Nov 2025
Median Rent:$2,599Median DOM:48New:19Total:96
Dec 2025
Median Rent:$2,350Median DOM:49New:24Total:105
Jan 2026
Median Rent:$2,203Median DOM:20New:48Total:130
Feb 2026
Median Rent:$2,080Median DOM:1New:225Total:316
Mar 2026
Median Rent:$2,058Median DOM:1New:145Total:339
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market lengthened, signaling slower 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.
850038500485006850078500885009850128501385014850158501685017850188502085021850228502385024850278502885029850318503285033850348503585037850408504185042+11 more
← Back to Phoenix Metro