ZIP 85085 Housing Market Report

Phoenix Metro

Report period: March 2026

85085 Monthly Market Update – March 2026

ZIP 85085 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$680,990
+0.1%
Median DOM (Sales)
28
0.0%
New Listings (Sales)
60
−34.1%
Median Rent
$1,812
−0.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
422
+6.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (5 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($1,800,000 median)

Sales Market Overview

Median Price
$680,990
+0.1%
Median DOM
28
0.0%
New Listings
60
−34.1%
Inventory
302
+7.1%
  • Average Price: $725,737
  • Median Price: $680,990
  • Price Range: $165,000 – $2,500,000
  • Price per Sq Ft (Avg/Median): $299 / $288
  • Square Footage (Avg/Median): 2,468 / 2,347
  • Square Footage Range: 1,099 – 4,830
  • Days on Market (Avg/Median): 63 / 28
  • Days on Market Range: 2 – 362
  • New Listings: 60
  • Total Listings: 302

Sales by Property Type

Condo
Avg/Median Price$462,995 / $455,000Range$395,000 – $600,000Price per Sq Ft$286 / $285Sq Ft1,635 / 1,529DOM19 / 5New9Total20
Land
Avg/Median Price$616,314 / $350,000Range$165,000 – $2,500,000Price per Sq FtSq FtDOM143 / 83New0Total15
Single Family
Avg/Median Price$806,344 / $750,000Range$390,000 – $2,200,000Price per Sq Ft$307 / $295Sq Ft2,667 / 2,518DOM62 / 29New45Total222
Townhouse
Avg/Median Price$481,327 / $449,999Range$299,000 – $750,000Price per Sq Ft$262 / $256Sq Ft1,855 / 1,837DOM70 / 30New6Total45

Sales by Bedroom Count

2 Beds
Avg:$423,923Median:$415,000Range:$299,000 – $618,888PSF:$286 / $275Sq Ft:1,488 / 1,455DOM:67 / 27New:6Total:31
3 Beds
Avg:$627,136Median:$599,990Range:$350,000 – $1,800,000PSF:$302 / $295Sq Ft:2,093 / 2,043DOM:46 / 20New:27Total:106
4 Beds
Avg:$849,738Median:$785,000Range:$384,000 – $2,200,000PSF:$312 / $296Sq Ft:2,724 / 2,641DOM:69 / 28New:25Total:116
5 Beds
Avg:$910,818Median:$875,000Range:$599,900 – $1,475,000PSF:$253 / $245Sq Ft:3,631 / 3,636DOM:71 / 31New:2Total:31
6 Beds
Avg:$852,500Median:$630,000Range:$630,000 – $1,075,000PSF:$207 / $168Sq Ft:4,055 / 3,742DOM:67 / 28New:0Total:2
7 Beds
Avg:$1,800,000Median:$1,800,000Range:$1,800,000 – $1,800,000PSF:$505 / $505Sq Ft:3,564 / 3,564DOM:105 / 105New:0Total:1

Rental Market Overview

Median Rent
$1,812
−0.4%
Median DOM
1
0.0%
New Listings
167
Inventory
422
+6.3%
  • Average Rent: $2,029
  • Median Rent: $1,812
  • Rent Range: $1,100 – $9,850
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,348 / 1,130
  • Square Footage Range: 468 – 4,632
  • Days on Market (Avg/Median): 28 / 1
  • Days on Market Range: 1 – 364
  • New Listings: 167
  • Total Listings: 422

Rentals by Property Type

Apartment
$1,628
Median DOM: 1
Inventory: 297
MoM: −0.4%
Condo
$1,775
Median DOM: 10
Inventory: 3
MoM: −0.4%
Single Family
$2,800
Median DOM: 31
Inventory: 98
MoM: −0.4%
Townhouse
$1,995
Median DOM: 39
Inventory: 24
MoM: −0.4%
Apartment
Avg/Median Rent$1,673 / $1,628Range$1,206 – $3,072Rent per Sq Ft$2 / $2Sq Ft990 / 1,043DOM13 / 1New151Total297
Condo
Avg/Median Rent$2,022 / $1,775Range$1,695 – $2,595Rent per Sq Ft$2 / $2Sq Ft1,366 / 1,155DOM10 / 10New0Total3
Single Family
Avg/Median Rent$3,083 / $2,800Range$1,100 – $9,850Rent per Sq Ft$1 / $1Sq Ft2,409 / 2,232DOM67 / 31New13Total98
Townhouse
Avg/Median Rent$2,135 / $1,995Range$1,595 – $4,100Rent per Sq Ft$1 / $1Sq Ft1,498 / 1,394DOM50 / 39New3Total24

Rentals by Bedroom Count

Studio
Avg:$1,261Median:$1,255Range:$1,224 – $1,299PSF:$2 / $2Sq Ft:545 / 554DOM:113 / 15New:0Total:4
1 Beds
Avg:$1,437Median:$1,417Range:$1,100 – $2,220PSF:$2 / $2Sq Ft:769 / 760DOM:18 / 1New:56Total:129
2 Beds
Avg:$1,823Median:$1,809Range:$1,355 – $4,000PSF:$2 / $2Sq Ft:1,137 / 1,130DOM:16 / 1New:80Total:149
3 Beds
Avg:$2,504Median:$2,373Range:$1,795 – $9,850PSF:$1 / $1Sq Ft:1,733 / 1,519DOM:38 / 7New:23Total:85
4 Beds
Avg:$3,094Median:$3,000Range:$2,095 – $6,000PSF:$1 / $1Sq Ft:2,510 / 2,306DOM:59 / 23New:7Total:43
5 Beds
Avg:$4,088Median:$3,295Range:$2,650 – $7,600PSF:$1 / $1Sq Ft:3,499 / 3,294DOM:60 / 32New:1Total:10
6 Beds
Avg:$3,295Median:$3,295Range:$3,295 – $3,295PSF:$1 / $1Sq Ft:3,061 / 3,061DOM:37 / 37New:0Total:1
8 Beds
Avg:$4,250Median:$4,250Range:$4,250 – $4,250PSF:$1 / $1Sq Ft:4,242 / 4,242DOM:249 / 249New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$648,990Median DOM:39New:73Total:288
Nov 2025
Median Price:$629,000Median DOM:40New:49Total:264
Dec 2025
Median Price:$659,000Median DOM:47New:62Total:248
Jan 2026
Median Price:$682,780Median DOM:43New:101Total:267
Feb 2026
Median Price:$679,990Median DOM:28New:91Total:282
Mar 2026
Median Price:$680,990Median DOM:28New:60Total:302

6-Month Rental Trend

Oct 2025
Median Rent:$2,400Median DOM:52New:24Total:159
Nov 2025
Median Rent:$2,400Median DOM:55New:30Total:167
Dec 2025
Median Rent:$2,300Median DOM:45New:50Total:188
Jan 2026
Median Rent:$2,176Median DOM:37New:52Total:194
Feb 2026
Median Rent:$1,820Median DOM:1New:252Total:397
Mar 2026
Median Rent:$1,812Median DOM:1New:167Total:422

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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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