Home ValuePros

Market Intelligence · AZ / Mesa

Mesa, AZ 85204 Housing Market

The typical home value in Mesa's 85204 ZIP is $392,622, down 1.4% over the past year. The median list price stands at $416,250, with homes spending a median of 58 days on market.

Updated August 2026Median value$393K

The median home value in Mesa, AZ 85204 is $393K as of August 2026, down 1.4% 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

$361K to $424K

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

-1.4% over 12 months

Typical home value in 85204 over the last 12 months: $398K in Jul 2025 to $393K in Jul 2026 (-1.4%).

Jul 2025$398K

Jul 2026$393K

The numbers

What is the 85204 housing market like?

Typical home value

$393K

Down1.4%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 (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 85204 home prices compare?

  • 85204$392,622
  • Mesa$403,921
  • Arizona$392,647
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Mesa: 13 ZIPs; Arizona: 300 ZIPs; United States: 26,266 ZIPs).

Context

As of July 2026, there are 60 homes for sale in 85204, with 38 new listings added recently. The median days on market of 58 suggests a moderately paced sales cycle. A notable 25.6% of current listings have already had their price cut, pointing to softness in buyer demand. Combined with the year-over-year decline in typical home value, this indicates a buyer's market where negotiation room exists for prospective purchasers. Sellers should enter the market with realistic pricing expectations.

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