GemHausNew report

Market Snapshot

Median listing price
$688K

The median listing price in Queen Creek, AZ ZIP 85142 is $687,808 as of June 2026.

Median rent
$2,350/mo

The median market rent in Queen Creek, AZ ZIP 85142 is $2,350/month as of June 2026.

Days on market
222 days

The median days on market in Queen Creek, AZ ZIP 85142 is 222 days as of June 2026. The market is currently hot.

Gross rental yield
4.10%

At a median list price of $687,808 and a median rent of $2,350/month, the gross rental yield in Queen Creek, AZ ZIP 85142 is 4.10% as of June 2026.

STR vs LTR
$2,188/mo STR · $2,350/mo LTR

In Queen Creek, AZ ZIP 85142, median Airbnb revenue is $2,188/month compared to median long-term rent of $2,350/month as of June 2026.

Queen Creek, AZ 85142 Real Estate Market Report

ZIP Code: 85142

Report Date: June 2026

Market Temperature:
HOT

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
190
Active Listings
100
Sold Properties
90

Market Metrics

Median Listing Price
$687,808
Median Sold Price
$668,000
Median Price per Sqft
$257/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
$2,350

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
0.47%

Liquidity & Velocity

Median Days on Market
222
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. Median sold price $668,000 anchors market value and reflects completed transactions in the area; with the market described as hot, recent sales support continued price appreciation consistent with a seller-leaning environment.
  2. Median listing price $687,808 sits above the median sold price, which may indicate persistent seller optimism or a pricing premium in listings relative to final sale outcomes; monitor the gap for signs of listing adjustments.
  3. Median days on market 222 suggests slower sales velocity than typical hot markets and may indicate pricing friction or longer decision cycles among buyers, despite a strong market temperature—this appears to be a liquidity nuance rather than broad market weakness. moderate caution
  4. Median price per square foot $257 and median market rent $2,350 together indicate robust per-unit valuation and rental demand; with rent year-over-year trend up and price year-over-year trend up, investor and owner-occupier interest is likely to remain elevated while interest rate pressure stays elevated.

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

20712 E Sunset Dr, Queen Creek, AZ 85142
Top Sale

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

4 beds4.33 baths5,055 sqft
$2,275,000
May 1, 2026
$450/sqft/sqft
267 days on market
18911 E Country Meadows Ct, Queen Creek, AZ 85142
Premium

Sold above market average

5 beds6.67 baths3,467 sqft
$1,650,000
May 1, 2026
$476/sqft/sqft
311 days on market
21934 E Stone Crest Ct, Queen Creek, AZ 85142
Premium

Sold above market average

5 beds3.67 baths3,570 sqft
$1,479,000
May 1, 2026
$414/sqft/sqft
106 days on market
18614 E Oriole Way, Queen Creek, AZ 85142
Market Benchmark

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

5 beds2.67 baths2,310 sqft
$632,500
May 1, 2026
$274/sqft/sqft
1207 days on market
21478 E Lords Way, Queen Creek, AZ 85142
Market Benchmark

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

4 beds3 baths2,151 sqft
$630,000
May 1, 2026
$293/sqft/sqft
3539 days on market
22526 E Pegasus Pkwy, Queen Creek, AZ 85142
Market Benchmark

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

4 beds3.67 baths2,669 sqft
$629,990
Apr 1, 2026
$236/sqft/sqft
259 days on market
22023 E Via Del Oro, Queen Creek, AZ 85142
Market Benchmark

Sold at market average

- beds2 baths1,365 sqft
$350,000
May 1, 2026
$256/sqft/sqft
20827 E Pickett St, Queen Creek, AZ 85142
Premium

Sold above market average

3 beds2 baths1,120 sqft
$345,000
May 1, 2026
$308/sqft/sqft
101 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

-$1,485/mo
85142 Avg Rent
85142 Cost to Own
Rent$2,350
Own$3,835

20% down, 6.50% rate, 0.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85142 Avg nightly rate
85142 Avg occupancy (days/year)
Nightly rate$150/night
Occupancy140 of 365 days

Data Sources

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

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Explore real-time property analysis in Queen Creek, AZ: valuations, rental estimates, costs, and pro-forma projections.

Nearby Market Reports