Market Intelligence · AZ / Mesa

Mesa, AZ 85202 Housing Market

The typical home in Mesa, AZ 85202 is valued at $389,081, down 1.1% over the past year as of September 2026. The median list price in the ZIP is $323,750, and homes are spending a median of 61 days on the market.

Updated September 2026Median value$389K

The median home value in Mesa, AZ 85202 is $389K as of September 2026, down 1.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 85202 range

$358K to $420K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.1% over 12 months

Sep 2025$393K

Low $389KHigh $396K

Sep 2026$389K

The numbers

What is the 85202 housing market like?

As of September 2026

Typical home value

$389K

1.1%YoY

Median list price

$324K

12.5%MoM

Days on market

8.9%MoM

Homes for sale

101

2.0%MoM

Price cuts

29.8%

22.2%MoM

New listings

5.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

85202 housing market forecast 2027

-1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85202 to fall 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 85202 fell 1.1%, per the Zillow Home Value Index.

Will home prices drop in 85202?

Zillow's forecast says they may: it expects typical home values in 85202 to fall 1.8% by September 2027, after a 1.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 85202 home prices compare?

85202$389,081
Mesa$400,067
Arizona$385,442
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Mesa: 13 ZIPs; Arizona: 300 ZIPs; United States: 26,262 ZIPs).

Context

Home values in Mesa, AZ 85202 have softened slightly, with the typical value of $389,081 down 1.1% over the past year. As of September 2026, there are 101 homes for sale, and 42 of those are new listings. Sellers are adjusting, with 29.8% of listings carrying a price cut. Homes are taking a median of 61 days to move from listing to pending. For a seller, the message is simple: price realistically from the start, because buyers here are patient and overpriced homes are getting marked down.

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Down payment20% · $77,816

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Common questions

What people ask us.

How much is a home in 85202 worth?

The typical home value in Mesa, AZ 85202 is $389,081 as of September 2026, down 1.1% over the past year.

How long does it take to sell a home in 85202?

Homes in 85202 are spending a median of 61 days on the market as of September 2026.

Are sellers cutting prices in 85202?

Yes. As of September 2026, 29.8% of listings in 85202 have had a price cut, and the median list price is $323,750.

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