Queen Creek, AZ 85142 Real Estate Market Report

ZIP Code: 85142
Report Date: May 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.

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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.

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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.

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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.

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Property Taxes

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Liquidity & Velocity

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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 Queen Creek, AZ are 6.37%, reflecting the prevailing market environment for property owners in this area during May 2026.

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

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Key Findings

1. The primary market value indicator is the median sold price (666,201), which suggests recent transaction levels are below asking expectations given the median listing price (720,000); sellers should expect a gap between list and achieved prices and price positioning should favor competitively undercutting comparable active listings to secure offers. down.

2. Liquidity appears slower: the median days on market (143) points to extended marketing periods and suggests moderate sales velocity, so pricing cadence and time-to-contract should be factored into listing strategies and holding-cost projections.

3. Unit-level value metrics show a median price per square foot (264) that should guide remodel and pricing decisions for sellers and investors when benchmarking comps; combined with a median market rent (2,275) and the rent YoY trend: down, rental income assumptions should be applied conservatively.

4. Broader market context is mixed: the market temperature is neutral, price year-over-year trend is down, and interest rate pressure is elevated (current 30-year fixed rate ~6.37%), which together may prolong negotiation cycles and support buyer-side financing sensitivity—position offers and financing contingencies accordingly. elevated.

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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.