the AZ market

Mesa, AZ 85215

Single-Family Homes



Mesa, AZ 85215

Fri Sep 04 2026
This week the median list price for Mesa, AZ 85215 is $575,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 75. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Mesa, AZ 85215

Fri Sep 04 2026
This week the median list price for Mesa, AZ 85215 is $575,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 75. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $575,000
Median Price of New Listings $385,000
Per Square Foot $304
Average Days on Market 91
Median Days on Market 56
Price Decreased 57%
Price Increased 7%
Relisted 4%
Inventory 75
Median Rent
Market Action 36
Slight Seller's Advantage

This week’s up tick in prices in this zip code has moved us a bit closer to the high-point of the market, although the trend over the last few weeks is still below the 90-day moving average. Unless we see a significant down shift in the Market Action Index, we can assume prices will remain stable around this point.

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
$1,030,000 3,218 0.25 - 0.5 acre 4 3.5 21 1 0 119
$675,000 2,269 8,000 - 10,000 sqft 3 2.5 34 0 1 91
$490,000 1,695 6,500 - 8,000 sqft 3 2 32 0 4 56
$390,000 1,293 4,500 - 6,500 sqft 2 2 29 2 1 49