Mesa, AZ 85206 Real Estate Market Report
ZIP Code: 85206
Report Date: April 2026
Market Temperature: NEUTRAL
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
Note: 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
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
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The primary market value indicator is the $374,500 median sold price, which represents the most reliable snapshot of recent transaction activity in the ZIP and suggests pricing is holding around that level; flat year-over-year price trend supports a stable pricing environment.
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The $365,000 median listing price sits slightly below the median sold price, which may indicate modest listing-to-sale price convergence and balanced seller expectations rather than aggressive premium pricing.
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The 207 median days on market signals notably slower sales velocity and suggests increased time required to transact; this longer marketing period may indicate pricing friction or more selective buyer activity in the current neutral market.
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With a down rent year-over-year trend and $2,500 median market rent, combined with elevated interest rate pressure, investors and occupiers should expect moderated rental growth and financing headwinds that could weigh on near-term demand and transaction urgency.
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 at 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
Mesa, AZ 85206 Real Estate Market Report
ZIP Code: 85206
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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
Note: 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
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 most reliable indicator of market value is the recent median sold price, which is 279,500, signaling the representative recent sale level for SFR and condo transactions in ZIP 85206; given the neutral market temperature, this sold-price anchor suggests price stability rather than directional acceleration. flat price trend
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There is a notable listing-to-sale price relationship where the median listing price is 269,900 versus the median sold price of 279,500, which may indicate pricing friction or seller expectations that differ from final transaction outcomes; use caution when underwriting comps and prioritize closed-sales evidence. balanced but watch for gaps
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Market liquidity appears slow: the median days on market is 393, which points to extended marketing time and slower sales velocity for listed SFR and condo inventory and may require more aggressive pricing or concession strategies to accelerate transactions. down in velocity
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Supply and demand context and macro pressure: the marketTemperature is neutral while interest rate pressure is elevated and rent year-over-year trend is down, a combination that suggests stable pricing but constrained upside and potential softness in rental growth — factor in higher financing costs when assessing buyer affordability and investor underwriting. elevated interest rate pressure
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 at 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, 6.5% rate, 0.4% tax
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 4/17/2026
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