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Market Snapshot

Median listing price
$400K

The median listing price in Avondale, AZ ZIP 85392 is $399,950 as of June 2026.

Median rent
$1,779/mo

The median market rent in Avondale, AZ ZIP 85392 is $1,779/month as of June 2026.

Days on market
303 days

The median days on market in Avondale, AZ ZIP 85392 is 303 days as of June 2026. The market is currently neutral.

Gross rental yield
5.34%

At a median list price of $399,950 and a median rent of $1,779/month, the gross rental yield in Avondale, AZ ZIP 85392 is 5.34% as of June 2026.

STR vs LTR
$2,038/mo STR · $1,779/mo LTR

In Avondale, AZ ZIP 85392, median Airbnb revenue is $2,038/month compared to median long-term rent of $1,779/month as of June 2026.

Avondale, AZ 85392 Real Estate Market Report

ZIP Code: 85392

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
145
Active Listings
53
Sold Properties
92

Market Metrics

Median Listing Price
$399,950
Median Sold Price
$452,000
Median Price per Sqft
$215/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,779

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.42%

Liquidity & Velocity

Median Days on Market
303
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Avondale, AZ are averaging 6.5%, which is 0.5% higher than the 6.0% average observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price: 452,000 is the best indicator of current market value in 85392 and reflects completed transactions supporting modest upward price pressure despite longer selling cycles; representative recent sale suggests pricing is holding near realized values.
  2. There is a wide listing-to-sale gap between median listing price: 399,950 and realized transactions, which may indicate seller optimism or pricing friction that appears to be resolving slowly given transaction evidence.
  3. Liquidity appears subdued: median days on market: 303 points to slower sales velocity, which combined with qualitative observations of elevated inventory relative to sales activity may require more competitive pricing or concessions to accelerate transactions.
  4. Market context is neutral overall: market temperature: neutral with price year-over-year trend: flat and rental pressure easing (rent year-over-year trend: down); elevated borrowing costs remain a headwind—interest rate pressure is labeled as elevated and 30-year fixed mortgage rates are reported at 6.5% (about 0.5% higher than earlier in 2026), which may continue to moderate buyer activity and prolong time-to-contract.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3132 N 106th Ave, Avondale, AZ 85392
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds3 baths1,958 sqft
$745,000
May 1, 2026
$380/sqft/sqft
111 days on market
10401 W Avalon Dr, Avondale, AZ 85392
Premium

Sold above market average

3 beds2 baths1,508 sqft
$690,000
Apr 1, 2026
$458/sqft/sqft
107 days on market
10011 W Verde Ln, Avondale, AZ 85392
Premium

Sold above market average

- beds3.67 baths2,485 sqft
$689,829
Mar 1, 2026
$278/sqft/sqft
11552 W Sage Dr, Avondale, AZ 85392
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths1,564 sqft
$414,900
Apr 1, 2026
$265/sqft/sqft
2061 days on market
3938 N 110th Ave, Avondale, AZ 85392
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2.67 baths2,173 sqft
$410,000
Mar 1, 2026
$189/sqft/sqft
137 days on market
2702 N 115th Dr, Avondale, AZ 85392
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths2,155 sqft
$410,000
Apr 1, 2026
$190/sqft/sqft
313 days on market
12906 W Monterey Way, Avondale, AZ 85392
Value

Sold below market average

4 beds3 baths1,889 sqft
$265,000
Apr 1, 2026
$140/sqft/sqft
67 days on market
11002 W Alvarado Rd, Avondale, AZ 85392
Value

Sold below market average

- beds3 baths2,766 sqft
$133,000
May 1, 2026
$48/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$803/mo
85392 Avg Rent
85392 Cost to Own
Rent$1,779
Own$2,582

20% down, 6.53% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85392 Avg nightly rate
85392 Avg occupancy (days/year)
Nightly rate$161/night
Occupancy157 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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