GemHausNew report

Market Snapshot

Median listing price
$998K

The median listing price in Scottsdale, AZ ZIP 85260 is $997,500 as of June 2026.

Median rent
$1,955/mo

The median market rent in Scottsdale, AZ ZIP 85260 is $1,955/month as of June 2026.

Days on market
578 days

The median days on market in Scottsdale, AZ ZIP 85260 is 578 days as of June 2026. The market is currently neutral.

Gross rental yield
2.35%

At a median list price of $997,500 and a median rent of $1,955/month, the gross rental yield in Scottsdale, AZ ZIP 85260 is 2.35% as of June 2026.

STR vs LTR
$1,456/mo STR · $1,955/mo LTR

In Scottsdale, AZ ZIP 85260, median Airbnb revenue is $1,456/month compared to median long-term rent of $1,955/month as of June 2026.

Scottsdale, AZ 85260 Real Estate Market Report

ZIP Code: 85260

Report Date: June 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
278
Active Listings
152
Sold Properties
126

Market Metrics

Median Listing Price
$997,500
Median Sold Price
$1,392,500
Median Price per Sqft
$394/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
$1,955

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
0.30%

Liquidity & Velocity

Median Days on Market
578
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Scottsdale, AZ are approximately 6.5%, which is 0.6% higher than the 5.9% average seen earlier in 2026, indicating that property owners who secured loans during that period currently hold a more favorable rate than the prevailing market.

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


Key Findings

  1. The primary market benchmark, median sold price: 1,392,500, indicates Scottsdale 85260 transaction values are holding at a high level compared with asking prices, and this representative recent sale level should be the focus for pricing and appraisal decisions. up
  2. There is notable pricing friction between the median listing price: 997,500 and the median sold price: 1,392,500, which suggests sellers’ asking strategies and recent transaction outcomes differ; pricing listings closer to recent sold comps may accelerate closings. moderate
  3. Extended time-to-contract is evident with a median days on market: 578, which points to slower sales velocity and gives buyers more negotiation leverage; sellers should consider staged price or term adjustments to reduce time on market. weak
  4. Market context shows a median price per square foot: 394 alongside a neutral market temperature and an overall moderate interest rate pressure, suggesting a balanced but cautious market where measured pricing and targeted marketing will improve liquidity while rent trends remain up.

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

9892 E Charter Oak Rd, Scottsdale, AZ 85260
Top Sale

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

6 beds3.67 baths3,203 sqft
$7,825,000
Apr 1, 2026
$2,443/sqft/sqft
124 days on market
7432 E Wethersfield Rd, Scottsdale, AZ 85260
Premium

Sold above market average

8 beds9.33 baths8,920 sqft
$6,250,000
Apr 1, 2026
$701/sqft/sqft
490 days on market
9263 E Aster Dr, Scottsdale, AZ 85260
Premium

Sold above market average

3 beds2.67 baths2,234 sqft
$1,000,000
Apr 1, 2026
$448/sqft/sqft
94 days on market
8905 E Voltaire Dr, Scottsdale, AZ 85260
Market Benchmark

Sold at market average

5 beds3.67 baths2,314 sqft
$985,000
Apr 1, 2026
$426/sqft/sqft
3602 days on market
11909 N 80th Pl, Scottsdale, AZ 85260
Market Benchmark

Sold at market average

3 beds2.67 baths2,579 sqft
$980,000
Apr 1, 2026
$380/sqft/sqft
1907 days on market
8956 E Voltaire Dr, Scottsdale, AZ 85260
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds2.67 baths2,001 sqft
$760,000
Mar 1, 2026
$380/sqft/sqft
25 days on market
9144 E Gelding Dr, Scottsdale, AZ 85260
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds2.33 baths1,484 sqft
$525,000
May 1, 2026
$354/sqft/sqft
12 days on market
8576 E Davenport Dr, Scottsdale, AZ 85260
Value

Sold below market average

- beds5.67 baths4,482 sqft
$300,000
May 1, 2026
$67/sqft/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

-$5,863/mo
85260 Avg Rent
85260 Cost to Own
Rent$1,955
Own$7,818

20% down, 6.53% rate, 0.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85260 Avg nightly rate
85260 Avg occupancy (days/year)
Nightly rate$145/night
Occupancy99 of 365 days

Data Sources

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

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

View property-level details in Scottsdale, AZ get valuations, rent estimates, operating costs, and pro-forma insights.

Nearby Market Reports