Market Intelligence · AZ / Mesa

Mesa, AZ 85203 Housing Market

The typical home value in Mesa's 85203 ZIP is $450,858, down 0.7% over the past year. The median list price stands at $474,500, with homes taking a median 72 days to sell.

Updated August 2026Median value$446K

The median home value in Mesa, AZ 85203 is $446K as of August 2026, down 0.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 85203 range

$410K to $482K

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

-0.3% over 12 months

Typical home value in 85203 over the last 12 months: $447K in Aug 2025 to $446K in Aug 2026 (-0.3%).

Aug 2025$447K

Aug 2026$446K

The numbers

What is the 85203 housing market like?

Typical home value

$446K

Down0.3%YoY

Median list price

$475K

Up0.2%MoM

Days on market

72

Up20.0%MoM

Homes for sale

58

Down14.7%MoM

Price cuts

29.8%

Down13.9%MoM

New listings

28

Up40.0%MoM

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

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The comparison

How do 85203 home prices compare?

  • 85203$445,946
  • Mesa$400,744
  • Arizona$388,803
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Mesa: 13 ZIPs; Arizona: 300 ZIPs; United States: 26,265 ZIPs).

Context

There are 58 homes for sale in this area, with 28 new listings as of August 2026. Nearly 30% of listings have seen a price cut, which aligns with the modest year-over-year decline in typical home values. The 72-day median time on market suggests homes are moving at a measured pace rather than quickly. For sellers, this is a buyer-favorable market where pricing and presentation matter more than they did a year ago.

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