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Mesa, AZ 85203

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85203

Sat May 10 2025
This week the median list price for Mesa, AZ 85203 is $504,950 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has decreased to 44. Click here to stay informed with the Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Mesa, AZ 85203

Sat May 10 2025
This week the median list price for Mesa, AZ 85203 is $504,950 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has decreased to 44. Click here to stay informed with the Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $504,950
Median Price of New Listings $550,000
Per Square Foot $301
Average Days on Market 75
Median Days on Market 53
Price Decreased 68%
Price Increased 0%
Relisted 7%
Inventory 44
Median Rent
Market Action 47
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,449,000 3,670 0.5 - 1 acre 4 4 20 1 0 56
$875,000 2,823 0.25 - 0.5 acre 4 3 41 2 5 49
$475,000 1,809 8,000 - 10,000 sqft 3 2 51 2 2 49
$422,000 1,360 8,000 - 10,000 sqft 3 2 54 0 4 70