Market Snapshot
- Median listing price
- $463K
- Median rent
- $1,563/mo
- Days on market
- 364 days
- Gross rental yield
- 4.05%
- STR vs LTR
- $1,932/mo STR · $1,563/mo LTR
The median listing price in Glendale, AZ ZIP 85308 is $463,250 as of June 2026.
The median market rent in Glendale, AZ ZIP 85308 is $1,563/month as of June 2026.
The median days on market in Glendale, AZ ZIP 85308 is 364 days as of June 2026. The market is currently neutral.
At a median list price of $463,250 and a median rent of $1,563/month, the gross rental yield in Glendale, AZ ZIP 85308 is 4.05% as of June 2026.
In Glendale, AZ ZIP 85308, median Airbnb revenue is $1,932/month compared to median long-term rent of $1,563/month as of June 2026.
Glendale, AZ 85308 Real Estate Market Report
ZIP Code: 85308
Report Date: June 2026
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.
Market Metrics
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
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
Liquidity & Velocity
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.
Key Findings
- The primary market indicator is median sold price: 440,000, which establishes recent transaction value and suggests pricing is holding as the neighborhood shows modest appreciation; neutral market temperature appears to support balanced buyer-seller dynamics.
- There is a persistent gap between median listing price: 463,250 and the median sold price: 440,000, which may indicate pricing friction where seller expectations are somewhat above recent transaction levels and could require concessions or time to close.
- Liquidity appears slower given the median days on market: 364, which should be interpreted as extended time-to-sale rather than outright market weakness; sellers and investors should plan for longer marketing timelines and staged pricing strategies.
- Market drivers include a price up year-over-year trend alongside down rent year-over-year trend and elevated interest rate pressure, implying buyers face higher financing costs even as home prices creep upward; underwriting should be conservative and sensitivity to rate movements incorporated into pricing and hold-period assumptions.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 0.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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