Market Intelligence · AZ / Mesa

Mesa, AZ 85203 Housing Market

The typical home value in Mesa, AZ 85203 is $443,809, up 0.0% over the past year as of September 2026. The median list price is $459,500, and homes are spending a median of 59 days on the market.

Updated September 2026Median value$444K

The median home value in Mesa, AZ 85203 is $444K as of September 2026, little changed 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 85203 range

$408K to $479K

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

-0.0% over 12 months

Sep 2025$444K

Low $443KHigh $448K

Sep 2026$444K

The numbers

What is the 85203 housing market like?

As of September 2026

Typical home value

$444K

0.0%YoY

Median list price

$460K

3.2%MoM

Days on market

18.1%MoM

Homes for sale

0.0%MoM

Price cuts

20.7%

30.3%MoM

New listings

7.1%MoM

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

The outlook

85203 housing market forecast 2027

-1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85203 to fall 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 85203 held essentially flat, per the Zillow Home Value Index.

Will home prices drop in 85203?

Zillow's forecast says they may: it expects typical home values in 85203 to fall 1.6% by September 2027, after a flat 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 85203 home prices compare?

85203$443,809
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

Mesa, AZ 85203 had 58 homes for sale as of September 2026, with 26 new listings hitting the market that month. The median list price was $459,500, slightly above the typical home value of $443,809, which was up 0.0% over the past year. Homes took a median of 59 days to sell, and 20.7% of listings had a price cut. Values are essentially flat, and a noticeable share of sellers are reducing their asking prices. For a seller, pricing realistically from the start matters more than testing the market high.

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Down payment20% · $88,762

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Common questions

What people ask us.

How much is a home in 85203 worth?

The typical home value in 85203 is $443,809, up 0.0% over the past year as of September 2026.

How long does it take to sell a home in 85203?

Homes in 85203 are spending a median of 59 days on the market as of September 2026.

Are sellers cutting prices in 85203?

Yes. As of September 2026, 20.7% of listings in 85203 had a price cut.

Discover

Nearby ZIP markets.

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