Market Snapshot
- Median listing price
- $650K
- Median rent
- $1,963/mo
- Days on market
- 127 days
- Gross rental yield
- 3.62%
- STR vs LTR
- $2,177/mo STR · $1,963/mo LTR
The median listing price in Scottsdale, AZ ZIP 85257 is $650,000 as of July 2026.
The median market rent in Scottsdale, AZ ZIP 85257 is $1,963/month as of July 2026.
The median days on market in Scottsdale, AZ ZIP 85257 is 127 days as of July 2026. The market is currently neutral.
At a median list price of $650,000 and a median rent of $1,963/month, the gross rental yield in Scottsdale, AZ ZIP 85257 is 3.62% as of July 2026.
In Scottsdale, AZ ZIP 85257, median Airbnb revenue is $2,177/month compared to median long-term rent of $1,963/month as of July 2026.
Scottsdale, AZ 85257 Real Estate Market Report
ZIP Code: 85257
Report Date: July 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
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 6.63%, reflecting a market environment where rates have fluctuated near 6.5% throughout mid-2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary indicator, the median sold price, is 619,500, which represents the most reliable snapshot of recent transaction activity and suggests market value near that level; use sold comps around this figure for valuation.
- There is a visible spread between the median listing price of 650,000 and the median sold price of 619,500, which may indicate pricing friction where seller expectations exceed recent transaction levels; monitor new listings for adjustment toward realized prices.
- The median days on market is 127, signaling slower sales velocity that appears to give buyers more time to negotiate and may lengthen underwriting timelines; slower sales velocity.
- Interest rate pressure is elevated with current 30-year fixed mortgage rates averaging 6.63%, and rent trends are also down while median market rent sits at 1,963; elevated interest rate pressure suggests affordability headwinds—price discipline and financing concessions may be required to close deals.
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
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.49% 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: 7/10/2026
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