Market Intelligence · AZ / Mesa

Mesa, AZ 85204 Housing Market

The typical home value in Mesa's 85204 ZIP code is $392,622, down 1.4% over the past year. The median list price stands at $407,450, with homes staying on market for a median of 55 days.

Updated August 2026Median value$389K

The median home value in Mesa, AZ 85204 is $389K as of August 2026, down 1.1% 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 85204 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

Typical home value in 85204 over the last 12 months: $393K in Aug 2025 to $389K in Aug 2026 (-1.1%).

Aug 2025$393K

Aug 2026$389K

The numbers

What is the 85204 housing market like?

Typical home value

$389K

Down1.1%YoY

Median list price

$407K

Down2.1%MoM

Days on market

55

Down5.2%MoM

Homes for sale

61

Up1.7%MoM

Price cuts

21.4%

Down16.6%MoM

New listings

32

Down15.8%MoM

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

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The comparison

How do 85204 home prices compare?

  • 85204$388,897
  • 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 61 homes for sale in 85204, with 32 new listings as of early August 2026. The median time to sale of 55 days suggests a moderate pace. About 21.4% of listings have received a price cut, indicating some negotiating room in the market. The year-over-year value decline of 1.4% reflects softer conditions. Sellers should expect realistic pricing and be prepared for a slower sales cycle.

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