Mesa home values
Mesa at a glance
- Zillow’s Home Value Index puts the typical home at $432,000 (Aug 2026), −1.0% over the past 12 months and +9% over five years.
- The Census median home value in Mesa is about $362,000 — 13% below Arizona overall and 6% above the U.S. median.
- Median household income is about $79,300; median rent about $1,563/month.
- Neighborhood values range from $261K to $531K across 10 distinct ZIP codes.
Mesa home value trend
Over the 12 months to Aug 2026, typical home values in Mesa fell 1.0%, to about $432,000. That is in step with Arizona (−0.7%). Values are 9.2% below their peak of $476,000 in Jul 2022. Over five years the typical home gained $35,300 in value (+9%).
Year-by-year values
| Month | Typical value | Change vs year before |
|---|---|---|
| Aug 2026 | $432,000 | −1.0% |
| Aug 2025 | $436,400 | −3.5% |
| Aug 2024 | $452,100 | +2.7% |
| Aug 2023 | $440,300 | −7.3% |
| Aug 2022 | $475,100 | +19.8% |
| Aug 2021 | $396,700 | +27.2% |
| Aug 2020 | $311,800 | +11.7% |
| Aug 2019 | $279,300 | +7.4% |
| Aug 2018 | $260,000 | +8.5% |
| Aug 2017 | $239,600 | +7.6% |
| Aug 2016 | $222,600 | — |
Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.
About Mesa
Mesa is a city in Maricopa County, Arizona, United States. The population was 504,258 at the 2020 census. It is the third-most populous city in Arizona, after Phoenix and Tucson, the 38th-most populous city in the U.S., and the most populous city that is not a county seat. It is the most populous city in the East Valley of the Phoenix metropolitan area. It borders Tempe on the west, the Salt River Pima–Maricopa Indian Community on the north, Chandler and Gilbert on the south along with Queen Creek, and Apache Junction on the east.
Source: en.wikipedia.org (CC BY-SA)
Mesa home value score
from local value, rent & income
In Mesa (11 ZIPs), rents are moderate relative to prices, and homes are moderately priced against local incomes.
How the Value Score is built
Computed figures
A transparent value snapshot — computed from U.S. Census ACS (2023) for Mesa (11 ZIPs): home value, gross rent and household income. It is not a market-timing or appreciation forecast.
Mesa neighborhoods compared
| Name | Home value | 1-yr | Income | Rent | Price / income |
|---|---|---|---|---|---|
| Alta Mesa | $301K | −0.2% | $71K | $1,363 | 4.2× |
| Apache Wells ZIP 85215 · shared | $398K | −0.7% | $90K | $1,755 | 4.4× |
| Asian District ZIP 85201 · shared | $293K | −1.5% | $64K | $1,349 | 4.6× |
| Augusta Ranch ZIP 85209 · shared | $364K | −0.8% | $80K | $1,798 | 4.5× |
| Boulder Mountain ZIP 85207 · shared | $461K | −0.4% | $99K | $1,595 | 4.6× |
| Carriage Manor ZIP 85208 · shared | $261K | −2.3% | $68K | $1,438 | 3.8× |
| Desert Uplands city data | $302K | −1.9% | $60K | $1,383 | 5.1× |
| Dobson Ranch ZIP 85202 · shared | $334K | −1.4% | $67K | $1,431 | 5.0× |
| Downtown ZIP 85201 · shared | $293K | −1.5% | $64K | $1,349 | 4.6× |
| Dreamland Villa city data | $302K | −1.9% | $60K | $1,383 | 5.1× |
| Eastmark | $531K | −1.0% | $123K | $2,024 | 4.3× |
| Falcon Field ZIP 85215 · shared | $398K | −0.7% | $90K | $1,755 | 4.4× |
| Fiesta District ZIP 85202 · shared | $334K | −1.4% | $67K | $1,431 | 5.0× |
| Las Sendas ZIP 85207 · shared | $461K | −0.4% | $99K | $1,595 | 4.6× |
| Lehi | $388K | −0.3% | $73K | $1,388 | 5.3× |
| Leisure World ZIP 85206 · shared | $323K | −0.5% | $70K | $1,717 | 4.6× |
| Marlborough Park city data | $302K | −1.9% | $60K | $1,383 | 5.1× |
| Mulberry ZIP 85209 · shared | $364K | −0.8% | $80K | $1,798 | 4.5× |
| Red Mountain ZIP 85207 · shared | $461K | −0.4% | $99K | $1,595 | 4.6× |
| Riverview ZIP 85201 · shared | $293K | −1.5% | $64K | $1,349 | 4.6× |
| Signal Butte Ranch ZIP 85208 · shared | $261K | −2.3% | $68K | $1,438 | 3.8× |
| Sunland Village ZIP 85206 · shared | $323K | −0.5% | $70K | $1,717 | 4.6× |
| Superstition Springs ZIP 85206 · shared | $323K | −0.5% | $70K | $1,717 | 4.6× |
Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.
Mesa vs Arizona and the U.S.
| Mesa | Arizona | U.S. | |
|---|---|---|---|
| Typical value (Zillow, Aug 2026) | $432,000 | $476,200 | — |
| 1-year change | −1.0% | −0.7% | — |
| 5-year change | +9% | +11% | — |
| Median home value (Census) | $362,000 | $414,400 | $340,200 |
| Median household income | $79,300 | $89,900 | $78,500 |
| Median gross rent | $1,563/mo | $1,689/mo | $1,406/mo |
| Price-to-income ratio | 4.6× | 4.6× | 4.3× |
| Gross rental yield | 5.2% | 4.9% | 5.0% |
| Rent as share of income | 24% | 23% | 21% |
| Mortgage payment* | $1,830/mo | $2,095/mo | $1,720/mo |
Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.
What it costs to buy a home in Mesa
At today’s typical value of $432,000 (Zillow, Aug 2026), a buyer putting 20% down ($86,400) and financing the rest at 6.5% over 30 years would pay about $2,184 a month in principal and interest — 33% of the median household income here. That is above the common 28% guideline but under 36%, so budgets are stretched but workable for a median earner. The median rent is $1,563/month, so owning costs roughly 40% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.
Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.
What this means for buyers, sellers and investors in Mesa
Buyers
At 4.6× local income, prices are moderate — compare a few nearby areas before committing. Prices have eased 1.0% over the past year, which gives buyers more room to negotiate.
Sellers
Values are down 1.0% on the year, so price to today’s market rather than last year’s peak — and get a home-specific estimate: condition and size move the number more than the area average.
Investors
A gross rental yield of 5.2% is middling — returns depend on buying below the typical price or adding value.
Mesa real estate FAQ
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Estimates are informational only and are not an appraisal.
Other cities in Arizona
About this data
Data last updated: September 2026.
Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.
Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.
The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.
Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.
These are area-level statistics, not an appraisal of any individual property, and not financial advice.
Sources: U.S. Census ACS · Zillow ZHVI.