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Market Snapshot

Median listing price
$662K

The median listing price in Mesa, AZ ZIP 85213 is $662,000 as of July 2026.

Median rent
$1,600/mo

The median market rent in Mesa, AZ ZIP 85213 is $1,600/month as of July 2026.

Days on market
99 days

The median days on market in Mesa, AZ ZIP 85213 is 99 days as of July 2026. The market is currently neutral.

Gross rental yield
2.90%

At a median list price of $662,000 and a median rent of $1,600/month, the gross rental yield in Mesa, AZ ZIP 85213 is 2.90% as of July 2026.

STR vs LTR
$1,192/mo STR · $1,600/mo LTR

In Mesa, AZ ZIP 85213, median Airbnb revenue is $1,192/month compared to median long-term rent of $1,600/month as of July 2026.

Mesa, AZ 85213 Real Estate Market Report

ZIP Code: 85213

Report Date: July 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.

Analysis Window
90 Days
Total Properties Analyzed
150
Active Listings
61
Sold Properties
89

Market Metrics

Median Listing Price
$662,000
Median Sold Price
$601,000
Median Price per Sqft
$272/sqft

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

Median Market Rent
$1,600

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.37%

Liquidity & Velocity

Median Days on Market
99
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Mesa, AZ, are averaging 6.49%, reflecting a stable market environment for property owners compared to earlier 2026 fluctuations.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market indicator is the median sold price 601,000, which anchors current market value and suggests modest appreciation pressure relative to asking expectations; representative recent sale pricing appears to be setting transaction norms.
  2. There is a notable gap between the median listing price 662,000 and the median sold price 601,000, which may indicate pricing friction where seller expectations exceed realized transaction prices; moderate listing-to-sale spread suggests negotiation leverage for buyers in some cases.
  3. Market velocity is slower than typical metro turnover: the median days on market is 99, which, together with observed sales patterns, suggests reduced liquidity and longer time-to-contract; slower sales velocity may require adjusted marketing timelines for listings.
  4. Fundamental external pressures include an upward price trend (price year-over-year trend: up) alongside elevated interest rate pressure and a prevailing 30-year fixed mortgage rate of 6.49%; rental momentum is down with a median market rent of 1,600, which signals softer rent growth and may temper investor yield assumptions.

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

2025 E Mallory St, Mesa, AZ 85213
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds5 baths4,254 sqft
$2,015,000
Jun 1, 2026
$474/sqft
837 days on market
3325 E Knoll St, Mesa, AZ 85213
Premium

Sold above market average

4 beds4.67 baths3,726 sqft
$1,930,000
Jun 1, 2026
$518/sqft
63 days on market
3041 E Backus Rd, Mesa, AZ 85213
Market Benchmark

Sold at market average

5 beds6.33 baths6,212 sqft
$1,690,000
May 1, 2026
$272/sqft
2646 N Fontana Cir, Mesa, AZ 85213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths2,331 sqft
$600,000
Jun 1, 2026
$257/sqft
2865 E Hermosa Vista Dr, Mesa, AZ 85213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2.67 baths2,205 sqft
$595,000
May 1, 2026
$270/sqft
2710 N Linda Cir, Mesa, AZ 85213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2.67 baths2,034 sqft
$590,000
Jun 1, 2026
$290/sqft
209 days on market
2301 E University Dr Unit 494, Mesa, AZ 85213
Value

Sold below market average

3 beds2 baths1,118 sqft
$240,000
May 1, 2026
$215/sqft
2301 E University Dr Unit 176, Mesa, AZ 85213
Market Benchmark

Sold at market average

2 beds2 baths760 sqft
$220,000
May 1, 2026
$289/sqft
2143 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,799/mo
85213 Avg Rent
85213 Cost to Own
Rent$1,600
Own$3,399

20% down, 6.49% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85213 Avg nightly rate
85213 Avg occupancy (days/year)
Nightly rate$148/night
Occupancy226 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

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