Market Snapshot
- Median listing price
- $585K
- Median rent
- $1,534/mo
- Days on market
- 299 days
- Gross rental yield
- 3.15%
- STR vs LTR
- $1,329/mo STR · $1,534/mo LTR
The median listing price in Mesa, AZ ZIP 85213 is $585,000 as of June 2026.
The median market rent in Mesa, AZ ZIP 85213 is $1,534/month as of June 2026.
The median days on market in Mesa, AZ ZIP 85213 is 299 days as of June 2026. The market is currently neutral.
At a median list price of $585,000 and a median rent of $1,534/month, the gross rental yield in Mesa, AZ ZIP 85213 is 3.15% as of June 2026.
In Mesa, AZ ZIP 85213, median Airbnb revenue is $1,329/month compared to median long-term rent of $1,534/month as of June 2026.
Mesa, AZ 85213 Real Estate Market Report
ZIP Code: 85213
Report Date: June 2026
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
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
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
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Mesa AZ are averaging approximately 6.5% to 6.7%, reflecting a stable but elevated interest rate environment compared to earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary market indicator, median sold price of 575,000, indicates realized transaction values and anchors current neighborhood valuation; the gap between median listing price of 585,000 and median sold price suggests sellers are listing above recent sale levels and may need to adjust expectations to align with completed transactions.
- Sales velocity is slow: the median days on market is 299, which signals a longer marketing period and downward pressure on pricing dynamics; this slower pace appears consistent with a neutral market temperature rather than a hot, competitive environment.
- Price trends and financing headwinds: year-over-year, prices are down and interest rate pressure is elevated, with mortgage rates described as approximately 6.5%–6.7%, which may constrain buyer purchasing power and prolong negotiations for sellers.
- Rental context is softening: median market rent is 1,534 and rent year-over-year trend is down, suggesting rental demand has eased slightly; for investors, this implies more cautious underwriting assumptions and less upside from near-term rent growth.
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
Quick sale indicating strong buyer demand and competitive market conditions.
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 at 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, 6.53% rate, 0.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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