Scottsdale, AZ 85257 Real Estate Market Report
ZIP Code: 85257
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.
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.
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.
Property Taxes
Liquidity & Velocity
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 Scottsdale AZ 85257 are 6.35%, which is 0.48% higher than the 5.87% average seen during the February 2026 market period.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
-
$599,999 median sold price is the primary indicator of realized market value and, together with a median days on market of 310, suggests a representative recent sale level with balanced-to-slower sales velocity that may indicate pricing friction for some sellers.
-
$632,500 median listing price sits above the $599,999 median sold price, which suggests a gap between seller expectations and transaction prices and may indicate sellers need to price competitively to achieve timely closings.
-
Current 30-year fixed mortgage rates in Scottsdale AZ 85257 are 6.35%, which is 0.48% higher than the 5.87% average seen during the February 2026 market period, reflecting elevated interest rate pressure that could damp buyer purchasing power and slow transaction velocity.
-
price year-over-year trend: up and rent year-over-year trend: up alongside a neutral market temperature indicate modest upward pressure on both sale and rental values while overall market balance remains neutral—supporting cautious optimism for continued, modest appreciation.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold at market average
Scottsdale, AZ 85257 Real Estate Market Report
ZIP Code: 85257
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.
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.
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.
Property Taxes
Liquidity & Velocity
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 Scottsdale AZ 85257 are 6.35%, which is 0.48% higher than the 5.87% average seen during the February 2026 market period.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
-
median sold price $294,999 is the best indicator of recent transaction value in 85257 and suggests that market realizations are above current asking levels given the median listing price $277,000; sellers should consider aligning list strategy to recent sold comps to avoid extended marketing. up
-
median days on market 414 signals slower sales velocity in the sample and may indicate pricing friction or higher buyer selectivity; sellers should expect longer listing periods and consider staged price adjustments or targeted marketing to accelerate transactions. slow sales velocity
-
median price per square foot $293 combined with a median market rent $1,450 points to specific valuation bands for SFR and condo product in the area; investors and pricing strategists should use recent sold comparables at this price-per-foot benchmark when underwriting or setting offers. neutral context
-
Macro and liquidity context shows prices and rents are trending positively (price year-over-year trend: up, rent year-over-year trend: up), while interest rate pressure is elevated and current 30-year fixed mortgage rates are 6.35%; expect rate-sensitive buyers to be more selective, so pricing discipline and clear value-increment messaging will help close deals. elevated interest rate pressure
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.4% rate, 0.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
Get personalized market intelligence
View property-level details in Scottsdale, AZ get valuations, rent estimates, operating costs, and pro-forma insights.