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Market Snapshot

Median listing price
$505K

The median listing price in San Tan Valley, AZ ZIP 85140 is $504,950 as of June 2026.

Median rent
$2,010/mo

The median market rent in San Tan Valley, AZ ZIP 85140 is $2,010/month as of June 2026.

Days on market
266 days

The median days on market in San Tan Valley, AZ ZIP 85140 is 266 days as of June 2026. The market is currently neutral.

Gross rental yield
4.78%

At a median list price of $504,950 and a median rent of $2,010/month, the gross rental yield in San Tan Valley, AZ ZIP 85140 is 4.78% as of June 2026.

STR vs LTR
$2,074/mo STR · $2,010/mo LTR

In San Tan Valley, AZ ZIP 85140, median Airbnb revenue is $2,074/month compared to median long-term rent of $2,010/month as of June 2026.

San Tan Valley, AZ 85140 Real Estate Market Report

ZIP Code: 85140

Report Date: June 2026

Market Temperature:

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
216
Active Listings
114
Sold Properties
102

Market Metrics

Median Listing Price
$504,950
Median Sold Price
$517,000
Median Price per Sqft
$223/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
$2,010

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
266
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
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood’s primary market indicator — the median sold price of 517,000 — represents the most reliable snapshot of recent transaction activity and suggests that closed values are anchoring market value; market temperature is neutral, indicating balanced buyer/seller conditions rather than a one-sided market.
  2. The median days on market of 266 points to slower sales velocity and, combined with a relatively constrained active supply in the analyzed sample, may indicate increased time-to-contract and greater pricing friction for sellers; pricing patience appears more important than speed in negotiations.
  3. The median price per square foot of 223 and a median market rent of 2,010 provide a consistent valuation baseline for both SFR and condominium product types, useful for price benchmarking and short-term valuation modeling; consider using these exact metrics when setting and evaluating comps.
  4. Elevated interest rate pressure (elevated) is present and may keep buyers price-sensitive and reduce bidding aggression, so sellers should be prepared for longer marketing timelines and realistic pricing expectations in the near term.

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

1045 E Nardini St, San Tan Valley, AZ 85140
Top Sale

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

4 beds2 baths1,654 sqft
$32,500,000
Apr 1, 2026
$19,649/sqft
93 days on market
3877 E Hash Knife Draw Rd, San Tan Valley, AZ 85140
Premium

Sold above market average

4 beds3 baths2,436 sqft
$7,200,000
Apr 1, 2026
$2,956/sqft
279 days on market
36932 N Crucillo Dr, Queen Creek, AZ 85140
Premium

Sold above market average

4 beds3 baths3,623 sqft
$1,510,000
May 1, 2026
$417/sqft
2234 days on market
775 E Farmers Ln, Queen Creek, AZ 85140
Market Benchmark

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

2 beds2 baths1,432 sqft
$489,000
Apr 1, 2026
$341/sqft
782 days on market
1451 W Savannah Tree Ave, Queen Creek, AZ 85140
Market Benchmark

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

3 beds2 baths1,694 sqft
$489,000
Apr 1, 2026
$289/sqft
131 days on market
1436 W Savannah Tree Ave, Queen Creek, AZ 85140
Market Benchmark

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

- beds- baths1,709 sqft
$480,000
Apr 1, 2026
$281/sqft
38550 N La Grange Ln, San Tan Valley, AZ 85140
Value

Sold below market average

- beds- baths2,036 sqft
$265,000
Apr 1, 2026
$130/sqft
37990 N Kyle St, San Tan Valley, AZ 85140
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

4 beds2 baths2,016 sqft
$220,000
May 1, 2026
$109/sqft
5 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

-$917/mo
85140 Avg Rent
85140 Cost to Own
Rent$2,010
Own$2,927

20% down, 6.50% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85140 Avg nightly rate
85140 Avg occupancy (days/year)
Nightly rate$186/night
Occupancy137 of 365 days

Data Sources

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

Report generated: 6/1/2026

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