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Featured local agent — Mesa del Caballo, AZ
Sarah Mitchell
Compass Real Estate · Mesa del Caballo, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mesa del Caballo, AZ Housing Market
The last median sale price Redfin published was $410,000, +90.7% year over year (through May 2026). With 1.0 months of supply and homes going under contract in about 38 days, Mesa del Caballo is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $410,000 home is about $2,108/mo in principal and interest.
Key numbers for Mesa del Caballo, AZ
Median sale price
$410,000
+90.7% year over year
Redfin, through May 2026
Days on market
38
Average pace
Redfin, through May 2026
Active listings
1
1.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$55,833
Home costs 7.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Mesa del Caballo a buyer's or seller's market?
Mesa del Caballo, AZ is a seller's market, based on 1.0 months of supply and homes selling in about 38 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Mesa del Caballo housing market data show?
Every row below is Redfin's final published month for Mesa del Caballo, AZ. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $410,000 |
| Year-over-year price change | +90.7% |
| Median price per sq ft | $316/sq ft |
| Median days on market | 38 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Mesa del Caballo is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Mesa del Caballo is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Mesa del Caballo home prices moved?
Across the 29 months we hold for Mesa del Caballo, AZ, the median sale price rose 82.2%, from $225,000 in June 2021 to $410,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Mesa del Caballo?
Priced off the median sale price of $410,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $82,000 | $328,000 | $2,108/mo |
| 5% | $20,500 | $389,500 | $2,503/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,108, that implies roughly $90,335 a year before you add taxes and insurance. The median household in Mesa del Caballo earns $55,833, about $34,502 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 7.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Mesa del Caballo in the next 12 months?
Tell us your timeline. We send the Mesa del Caballo market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Mesa del Caballo?
Zillow does not publish a rent index (ZORI) for Mesa del Caballo, AZ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Mesa del Caballo?
Active listings in Mesa del Caballo, AZ went from 5 in August 2024 to 1 in May 2026, a -80.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| September 2024 | 5 | 1 |
| October 2024 | 3 | 1 |
| November 2024 | 2 | not published |
| February 2025 | 4 | 3 |
| April 2025 | 2 | not published |
| May 2025 | 3 | 1 |
| August 2025 | 3 | 2 |
| September 2025 | 2 | not published |
| December 2025 | 2 | 1 |
| February 2026 | 2 | not published |
| April 2026 | 3 | 2 |
| May 2026 | 1 | not published |
Redfin, through May 2026
How does Mesa del Caballo compare to Arizona and the U.S.?
Mesa del Caballo homes sell for $410,000 — 10% below the Arizona median of $453,800. Against the national median of $410,700, Mesa del Caballo runs 0% lower. Year-over-year, Mesa del Caballo moved +90.7% against Arizona's +0.5% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Mesa del Caballo, AZ | $410,000 | +90.7% | 38 days |
| Arizona statewide | $453,800 | +0.5% | 62 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Mesa del Caballo
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $395 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $410,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Mesa del Caballo listing goes under contract in 38 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Mesa del Caballo varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Mesa del Caballo
There are currently 1 homes listed for sale in Mesa del Caballo, Arizona.
Active listings
1
Homes on market
Avg. days on market
38
Days until sale
How much do homes cost in Mesa del Caballo by property type?
How the Mesa del Caballo, AZ market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $410,000 | $316/sq ft | 1 | 38 days |
Who lives in Mesa del Caballo?
American Community Survey estimates for Mesa del Caballo. U.S. Census ACS, 2023
Population
1,188
Households
508
Median income
$55,833/yr
Median age
30.8 years
Owner-occupied
64.6%
Median home value
$236,100
Median gross rent
$1,386/mo
Mean commute
21.9 min
64.6% of occupied homes in Mesa del Caballo are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Mesa del Caballo, AZ?
Ordered by distance from Mesa del Caballo, not by size. Compare Mesa del Caballo side by side with any of them.
Mesa del Caballo housing market FAQ
Is Mesa del Caballo a buyer's or seller's market?
Mesa del Caballo, AZ is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 38 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Mesa del Caballo?
The median sale price in the last month Redfin published was $410,000, about $316 per square foot.
Is Mesa del Caballo cheaper than the rest of Arizona?
Mesa del Caballo's median sale price of $410,000 is 10% lower than the Arizona statewide median of $453,800, and 0% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Mesa del Caballo?
Homes in Mesa del Caballo, AZ spent a median of 38 days on market before going under contract, versus 62 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Mesa del Caballo?
At the current 30-year fixed rate of 6.66%, 20% down on a $410,000 home is about $2,108 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $90,335 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $55,833.
Are home prices rising in Mesa del Caballo?
Redfin's last published year-over-year change for Mesa del Caballo, AZ was +90.7%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Mesa del Caballo?
Mesa del Caballo ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Mesa del Caballo?
That depends on your timeline, not on a headline. What the data says today: Mesa del Caballo, AZ is a seller's market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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