Market Snapshot
- Median listing price
- $662K
- Median rent
- $2,150/mo
- Days on market
- 67 days
- Gross rental yield
- 3.89%
- STR vs LTR
- $1,891/mo STR · $2,150/mo LTR
The median listing price in Scottsdale, AZ ZIP 85257 is $662,450 as of August 2026.
The median market rent in Scottsdale, AZ ZIP 85257 is $2,150/month as of August 2026.
The median days on market in Scottsdale, AZ ZIP 85257 is 67 days as of August 2026. The market is currently neutral.
At a median list price of $662,450 and a median rent of $2,150/month, the gross rental yield in Scottsdale, AZ ZIP 85257 is 3.89% as of August 2026.
In Scottsdale, AZ ZIP 85257, median Airbnb revenue is $1,891/month compared to median long-term rent of $2,150/month as of August 2026.
Scottsdale, AZ 85257 Real Estate Market Report
ZIP Code: 85257
Report Date: August 2026
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
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
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Scottsdale, AZ, are averaging 6.9%, reflecting a high-rate environment for property owners in this market compared to earlier 2026 levels.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The most reliable market signal is the recent median sold price of 592,000, which should be treated as the primary indicator of current market value and recent transaction activity; this level appears to reflect a stable pricing environment consistent with a neutral market temperature and flat year-over-year price trend.
- Liquidity shows some friction: the median days on market is 67, which suggests slower sales velocity and that sellers may need to prioritize pricing and presentation to avoid extended time on market; this is a softening signal for transaction speed.
- Seller/listing expectations are elevated relative to realized sales: the median listing price is 662,450 while the median sold price is 592,000, which may indicate pricing friction and the need for realistic list pricing or concessions to close deals; market participants should treat asking prices as aspirational until aligned with recent sale levels.
- Macro headwinds are present — interest rate pressure is elevated and current 30-year fixed mortgage rates are averaging 6.9%, while rent is up year-over-year; together these factors suggest buyers are more rate-sensitive and may be more selective, making accurate pricing and finished-condition presentation particularly important in this balanced market.
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
Quick sale indicating strong buyer demand and competitive market conditions.
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.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at 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, 6.66% 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: 8/31/2026
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