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San Tan Valley, AZ 85140 Real Estate Market Report

ZIP Code: 85140
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.


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
236
Active Listings
116
Sold Properties
120

Market Metrics

Median Listing Price
$510,636
Median Sold Price
$445,000
Median Price per Sqft
$226/sqft

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.


Rental Market

Median Market Rent
$1,850

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
0.40%

Liquidity & Velocity

Median Days on Market
231
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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
flat
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 San Tan Valley AZ are 6.4% compared to 5.8% for typical loans originated earlier in 2026.

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


Key Findings

  1. The most reliable market signal is the median sold price 445,000, which represents recent transaction activity and — when contrasted with the median listing price of 510,636 — suggests seller asking expectations currently exceed realized sale levels and may indicate negotiation room for buyers.

  2. Liquidity appears muted: the median days on market 231 points to slower sales velocity and, coupled with a market temperature described as neutral, suggests the market may be moving toward a more balanced environment rather than a strong seller advantage; sellers should expect longer marketing windows and buyers may have increased leverage.

  3. Valuation context is supported by a median price per square foot of 226, which provides a reference for pricing updates and competitive listing strategies; with rent year-over-year trend noted as down, investors should be cautious about relying on rental growth to justify higher valuation multiples.

  4. Macro and financing outlook is a headwind: price year-over-year trend is flat while interest rate pressure is elevated; Current 30-year fixed mortgage rates in San Tan Valley AZ are 6.4% compared to 5.8% for typical loans originated earlier in 2026, which may suppress purchasing power and support a more measured pricing environment.


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 beds
2 baths
1,654 sqft
$32,500,000
Apr 1, 2026
$19,649/sqft/sqft
67 days on market
3877 E Hash Knife Draw Rd, San Tan Valley, AZ 85140
Premium

Sold above market average

4 beds
3 baths
2,436 sqft
$7,200,000
Apr 1, 2026
$2,956/sqft/sqft
253 days on market
36442 N Crucillo Dr, Queen Creek, AZ 85140
Premium

Sold above market average

3 beds
4 baths
2,939 sqft
$1,315,000
Mar 1, 2026
$447/sqft/sqft
124 days on market
1457 W Camina Plata, Queen Creek, AZ 85140
Market Benchmark

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

2 beds
3 baths
1,782 sqft
$455,000
May 1, 2026
$255/sqft/sqft
1135 days on market
643 W Riparian Dr, San Tan Valley, AZ 85140
Market Benchmark

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

3 beds
- baths
1,858 sqft
$452,990
Mar 1, 2026
$244/sqft/sqft
191 days on market
34839 N Palm Dr, San Tan Valley, AZ 85140
Market Benchmark

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

4 beds
2 baths
2,129 sqft
$449,999
Mar 1, 2026
$211/sqft/sqft
125 days on market
3845 E Lambeth Pl, San Tan Valley, AZ 85140
Value

Sold below market average

- beds
- baths
1,401 sqft
$230,000
Mar 1, 2026
$164/sqft/sqft
4877 E Meadow Mist Ln, San Tan Valley, AZ 85140
Value

Sold below market average

- beds
- baths
1,280 sqft
$217,600
Apr 1, 2026
$170/sqft/sqft

San Tan Valley, AZ 85140 Real Estate Market Report

ZIP Code: 85140
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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
136
Active Listings
16
Sold Properties
120

Market Metrics

Median Listing Price
$407,975
Median Sold Price
$495,000
Median Price per Sqft
$308/sqft

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.


Rental Market

Median Market Rent
$1,850

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
0.51%

Liquidity & Velocity

Median Days on Market
472
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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
flat
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 San Tan Valley AZ are 6.4% compared to 5.8% for typical loans originated earlier in 2026.

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 median sold price is 495,000, which serves as the primary indicator of recent transaction value; with median days on market at 472, the market shows slower sales velocity and sellers may need to adjust pricing or concessions to accelerate closings.

  2. The median listing price is 407,975 versus the median sold price of 495,000, creating a notable listing-to-sale gap that suggests pricing friction; sellers should calibrate expectations and buyers may find increased negotiating leverage.

  3. Price year-over-year trend is flat and market temperature is neutral, which together indicate a balanced market; combined with elevated interest rate pressure—Current 30-year fixed mortgage rates in San Tan Valley AZ are 6.4% compared to 5.8% for typical loans originated earlier in 2026—this may temper near-term demand and lengthen time-to-contract.

  4. Median market rent is 1,850 while rent year-over-year trend is down, indicating softer rental conditions; investors should stress-test rent assumptions and underwriting given the cooling rent trajectory.


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

286 E Citrus Hollow Way, Queen Creek, AZ 85140
Top Sale

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

2 beds
- baths
1,678 sqft
$548,330
Apr 1, 2026
$327/sqft/sqft
860 days on market
331 E Citrus Hollow Way, Queen Creek, AZ 85140
Market Benchmark

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

2 beds
3 baths
1,677 sqft
$539,990
Apr 1, 2026
$322/sqft/sqft
301 days on market
374 E Citrus Hollow Way, Queen Creek, AZ 85140
Market Benchmark

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

2 beds
3 baths
1,677 sqft
$518,668
Mar 1, 2026
$309/sqft/sqft
965 days on market
247 E Las Puertas Ln, Queen Creek, AZ 85140
Market Benchmark

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

2 beds
3 baths
1,677 sqft
$475,000
Apr 1, 2026
$283/sqft/sqft
338 days on market
379 E Las Puertas Ln, Queen Creek, AZ 85140
Market Benchmark

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

2 beds
- baths
1,678 sqft
$474,500
Apr 1, 2026
$283/sqft/sqft
614 days on market
36001 N Kennedia Ln, Queen Creek, AZ 85140
Market Benchmark

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

2 beds
2 baths
1,342 sqft
$467,000
Apr 1, 2026
$348/sqft/sqft
1554 days on market
650 E Myrtle Pass, Queen Creek, AZ 85140
Market Benchmark

Sold at market average

2 beds
- baths
1,342 sqft
$399,000
Apr 1, 2026
$297/sqft/sqft
393 days on market
748 E Myrtle Pass, Queen Creek, AZ 85140
Market Benchmark

Sold at market average

2 beds
2 baths
1,342 sqft
$385,000
Apr 1, 2026
$287/sqft/sqft
2066 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

-$663/mo
85140 Avg Rent
85140 Cost to Own
Rent$1,850
Own$2,513

20% down, 6.4% 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$132/night
Occupancy143 of 365 days

Data Sources

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

Report generated: 5/6/2026

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