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Featured local agent — Mesa, AZ
Sarah Mitchell
Compass Real Estate · Mesa, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mesa, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$452,500median sale price
How is the Mesa, AZ housing market right now?
The median home sale price in Mesa, AZ is $452,500, down 1.4% year-over-year. Homes sell in an average of 55 days with 1,566 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mesa a buyer's or seller's market?
Mesa, AZ is currently a balanced market, based on 2.9 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
546
Last 12 weeks
Days on market
55
Average pace
Active listings
1,566
2.9 months supply
Sale-to-list
98.4%
Below asking
What does the Mesa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $452,500 |
| Median list price | $475,000 |
| Year-over-year price change | -1.4% |
| Average days on market | 55 days |
| Active inventory | 1,566 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $265/sq ft |
| Homes sold (latest month) | 546 |
| New listings (latest month) | 538 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mesa by property type?
How the Mesa, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $500,000 | $272/sq ft | 429 | 52 days |
| Condo / Co-op | $215,000 | $219/sq ft | 26 | 78 days |
| Townhouse | $298,950 | $240/sq ft | 88 | 63 days |
Source: Redfin · Updated monthly
The Mesa housing market is currently classified as a balanced market with a median sale price of $452,500. Prices have fallen 1.4% compared to last year, with homes spending an average of 55 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.5x provides context for how home values compare to local earning capacity.
Homes for sale in Mesa
There are currently 1,566 homes listed for sale in Mesa, Arizona. The median listing price is $475K.
Active listings
1,566
Homes on market
Median list price
$475K
Avg. days on market
55
Days until sale
New this week
538
Newly listed
Who lives in Mesa?
Population
507,478
Median income
$78,779/yr
Median age
37.2 years
Owner-occupied
64.4%
College grads
31.5%
Avg commute
25 min
Source: U.S. Census Bureau ACS
What are homes worth in Mesa?
Zillow home value
$434,616
Zillow rent index
$1,549/mo
Price-to-rent ratio
23.4x
Price-to-income
5.5x
Source: Zillow Research
What is it like to live in Mesa?
Mesa is a community of approximately 507K residents with a median age of 37.2 years.The median household income is $78,779, which reflects a relatively affluent area with strong earning potential. 31.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.4%, showing a blend of owner and renter-occupied properties. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mesa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mesa?
50 schools tracked · 56,275 students
The largest public schools serving Mesa, AZ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Red Mountain High School
Grades 9-12 · 3,469 students
Mesa High School
Grades 9-12 · 3,442 students
Westwood High School
Grades 9-12 · 3,397 students
Mountain View High School
Grades 9-12 · 3,391 students
Dobson High School
Grades 9-12 · 2,341 students
Desert Ridge High
Grades 8-12 · 2,222 students
Skyline High School
Grades 9-12 · 2,127 students
Eastmark High School
Grades 7-12 · 1,887 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mesa, AZ?
Want a head-to-head view? Compare Mesa side-by-side with any other U.S. city using our market-comparison tool.
Is Mesa a good real estate investment market?
For investors evaluating Mesa, the price-to-rent ratio of 23.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 1.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Mesa's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Mesa's median home price.
Frequently asked questions
What is the average home price in Mesa?
The median home sale price in Mesa is $452,500, down 1.4% from last year.
How long do homes stay on market in Mesa?
Homes typically spend 55 days on market before going under contract.
What is the median income in Mesa?
The median household income is $78,779 per year.
Is Mesa a buyer's or seller's market?
With 2.9 months of supply, Mesa is currently a balanced market.
What is the Zillow home value estimate for Mesa?
The Zillow Home Value Index (ZHVI) for Mesa is $434,616, representing the typical home value in the area.
What is the median condo price in Mesa?
The median condo/co-op sale price in Mesa, AZ is $215,000, compared to $500,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Mesa?
The median single-family home price in Mesa, AZ is $500,000 (about $272 per square foot).
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