Mesa, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 16,055 transactions over the past year in Mesa. The median value for residential home transactions that occurred over the previous year is $439,286.64. The number of current listings in Mesa is 44, and the percentage of properties for sale in the city is 26.67%. Mesa, AZ currently has 121 properties in foreclosure, 3 bank owned properties, 118 properties headed for auction, and 44 properties for sale.

Mesa, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85205

$ 316,243

$ 271/sqft

85201

$ --

$ --

85206

$ 351,185

$ 267/sqft

85203

$ --

$ --

85209

$ 324,313

$ 269/sqft

85213

$ --

$ --

85208

$ 399,126

$ 259/sqft

85207

$ 594,910

$ 278/sqft

85204

$ 423,805

$ 241/sqft

85210

$ 264,164

$ 297/sqft

85212

$ 565,113

$ 230/sqft

85202

$ 420,080

$ 230/sqft

85215

$ --

$ --

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Housing Market Summary for Mesa, AZ

Aug 2022August 2023Change
Median Listing Price$474.9K$436.4K-8.11%
Median Sold Price$473.9K$436.4K-7.93%
Homes For Sale688416-39.53%
Homes Sold10,1217,227-28.59%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mesa, AZ

Mesa home values range from $61,070 to $20,347,294. The median estimated value of a home in Mesa is $439,286.64. The median list price of a home is 352,500, and the total count of properties in the city is 171,074.

Foreclosure
There are 13 zips within Mesa, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $1,699,000 in 85208 to the lowest value of $75,849 in 85208. Foreclosure homes account for 0.00% of properties in Mesa, AZ with 85208 containing 18 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mesa, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 13 zips within Mesa, AZ; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mesa, AZ ranges from the highest value of $621,478 in 85212 to the lowest value of $397,213 in 85210. Bank owned homes and properties account for 0.00% of properties in Mesa, AZ. There are 13 zips within Mesa, AZ; 85210 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85208 has 18 auction properties, the highest number of properties going to auction in a single zip in the state of Mesa, AZ. Auction homes and other auction properties account for 0.07% of all properties in Mesa, AZ. There are 13 zips within Mesa, AZ; of those zips, the median estimated home value for homes going to auction ranges from $1,699,000 in 85213 to the lowest value of $75,849 in 85213.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Mesa, AZ with 85205 containing 8 homes for sale, the highest number of listed properties in a single zip. There are 13 zips within Mesa, AZ; homes for sale in those zips, have a range of median values from $1,224,626 in 85212 to the lowest value of $179,455 in 85210.
    Sold Homes
    The median value for recently sold homes ranges from $4,766,711 in 85201 to the lowest price of $73,556 in 85201. There are 13 zips within Mesa, AZ. 85212 has 933 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.13% of properties in Mesa, AZ.

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