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Mesa, AZ 85209

Single-Family Homes

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Mesa, AZ 85209

Tue May 19 2026
This week the median list price for Mesa, AZ 85209 is $481,999 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has decreased to 100. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mesa, AZ 85209

Tue May 19 2026
This week the median list price for Mesa, AZ 85209 is $481,999 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has decreased to 100. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $481,999
Median Price of New Listings $449,450
Per Square Foot $259
Average Days on Market 55
Median Days on Market 35
Price Decreased 47%
Price Increased 1%
Relisted 4%
Inventory 100
Median Rent
Market Action 46
Strong Seller's Market

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate 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
$649,500 2,535 6,500 - 8,000 sqft 3 2.5 24 3 5 42
$549,900 2,148 6,500 - 8,000 sqft 3 2 28 1 1 56
$449,000 1,554 4,500 - 6,500 sqft 3 2 26 7 5 35
$385,000 1,463 0 - 4,500 sqft 2 2 24 3 1 21