Scottsdale, AZ 85258 Real Estate Market Report

ZIP Code: 85258
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Scottsdale, AZ (ZIP: 85258) is currently $1,217,500, reflecting a stable market condition. The neighborhood has seen a flat price trend, indicating that while there is some price stability, significant appreciation is not occurring at this time. This suggests a balanced market where buyers and sellers are negotiating effectively, but it may also reflect a cautious sentiment among buyers given the current economic climate.

Market activity appears to be influenced by elevated inventory levels and an extended median days on market of 138 days. This extended timeframe may indicate slower sales velocity, as properties are taking longer to sell. The market temperature is described as neutral, suggesting that while there are opportunities for buyers, the overall market dynamics are not favoring either side significantly. Additionally, the median market rent is $3,300, which has shown a down trend year-over-year, further contributing to a renter-friendly environment as new supply continues to outpace demand.

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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.

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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.

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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.

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Property Taxes

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Liquidity & Velocity

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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 the Scottsdale AZ 85258 market average around 6.07% compared to 6.33% seen in early February 2026, presenting a slight cost opportunity for new financing.

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

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Key Findings

1. The median sold price of $1,217,500 indicates stable pricing in the luxury market, with no significant appreciation observed recently.

2. With a median days on market of 138, properties are experiencing slower sales velocity, suggesting a more cautious buyer sentiment.

3. The median listing price stands at $1,300,000, indicating a pricing gap that may reflect seller expectations versus current market realities.

4. The median market rent of $3,300 has shown a down trend year-over-year, contributing to a more favorable environment for renters.

5. Overall market conditions are characterized as neutral, with elevated inventory levels relative to sales activity.

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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.