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Market Snapshot

Median listing price
$1.70M

The median listing price in Scottsdale, AZ ZIP 85255 is $1,698,000 as of July 2026.

Median rent
$3,000/mo

The median market rent in Scottsdale, AZ ZIP 85255 is $3,000/month as of July 2026.

Days on market
84 days

The median days on market in Scottsdale, AZ ZIP 85255 is 84 days as of July 2026. The market is currently neutral.

Gross rental yield
2.12%

At a median list price of $1,698,000 and a median rent of $3,000/month, the gross rental yield in Scottsdale, AZ ZIP 85255 is 2.12% as of July 2026.

STR vs LTR
$2,112/mo STR · $3,000/mo LTR

In Scottsdale, AZ ZIP 85255, median Airbnb revenue is $2,112/month compared to median long-term rent of $3,000/month as of July 2026.

Scottsdale, AZ 85255 Real Estate Market Report

ZIP Code: 85255

Report Date: July 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
330
Active Listings
145
Sold Properties
185

Market Metrics

Median Listing Price
$1,698,000
Median Sold Price
$1,686,000
Median Price per Sqft
$548/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
$3,000

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
0.29%

Liquidity & Velocity

Median Days on Market
84
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
flat
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Scottsdale, AZ, have climbed to 6.75%, representing a significant increase from the lower rates seen 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 primary indicator of recent value is the median sold price $1,686,000, which represents the most reliable signal of realized market value in this period and suggests transaction-level price stability relative to asking levels.
  2. The median listing price $1,698,000 sits close to the sold level, which may indicate limited pricing gap between seller expectations and completed transactions; flat price year-over-year trend supports a broadly stable pricing environment.
  3. Liquidity appears slower with a median days on market 84, which suggests extended marketing times and pricing friction that may give buyers more negotiation room despite a neutral market temperature.
  4. Elevated interest-rate pressure — current 30-year fixed mortgage rates 6.75% — is a material headwind for affordability and may further cool transaction velocity; consider emphasizing buyer financing sensitivity in pricing and marketing strategies.

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

10927 E Windgate Pass Dr, Scottsdale, AZ 85255
Top Sale

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

- beds7 baths6,535 sqft
$18,700,000
Jul 1, 2026
$2,862/sqft
9245 E Rimrock Dr, Scottsdale, AZ 85255
Premium

Sold above market average

5 beds6.33 baths7,413 sqft
$10,450,000
Jun 1, 2026
$1,410/sqft
108 days on market
23602 N 84th Pl, Scottsdale, AZ 85255
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

6 beds5.67 baths4,310 sqft
$2,450,000
Jun 1, 2026
$568/sqft
1 days on market
9421 E Trailside Vw, Scottsdale, AZ 85255
Market Benchmark

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

4 beds4.33 baths3,393 sqft
$1,650,000
Jul 1, 2026
$486/sqft
37 days on market
24652 N 109th Pl, Scottsdale, AZ 85255
Market Benchmark

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

3 beds3.33 baths2,674 sqft
$1,650,000
Jul 1, 2026
$617/sqft
177 days on market
18527 N 97th Way, Scottsdale, AZ 85255
Market Benchmark

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

3 beds3.67 baths2,693 sqft
$1,650,000
Jun 1, 2026
$613/sqft
40 days on market
20063 N 83rd Pl, Scottsdale, AZ 85255
Market Benchmark

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

3 beds3.33 baths2,704 sqft
$1,500,000
Jun 1, 2026
$555/sqft
1 days on market
25555 N Windy Walk Dr Unit 30, Scottsdale, AZ 85255
Value

Sold below market average

2 beds3.33 baths1,623 sqft
$524,700
Jun 1, 2026
$323/sqft

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

-$6,569/mo
85255 Avg Rent
85255 Cost to Own
Rent$3,000
Own$9,569

20% down, 6.66% rate, 0.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85255 Avg nightly rate
85255 Avg occupancy (days/year)
Nightly rate$226/night
Occupancy217 of 365 days

Data Sources

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

Report generated: 7/30/2026

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