Market Intelligence · AZ / Mesa

Mesa, AZ 85205 Housing Market

In Mesa, AZ 85205, the typical home value is $400,067, down 0.2% over the past year as of September 2026. The median list price sits at $389,450, and homes are taking a median of 54 days on market.

Updated September 2026Median value$400K

The median home value in Mesa, AZ 85205 is $400K as of September 2026, down 0.2% 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 85205 range

$368K to $432K

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

-0.2% over 12 months

Sep 2025$401K

Low $400KHigh $405K

Sep 2026$400K

The numbers

What is the 85205 housing market like?

As of September 2026

Typical home value

$400K

0.2%YoY

Median list price

$389K

2.6%MoM

Days on market

1.8%MoM

Homes for sale

132

18.9%MoM

Price cuts

31.1%

33.5%MoM

New listings

7.1%MoM

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

The outlook

85205 housing market forecast 2027

-1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85205 to fall 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 85205 fell 0.2%, per the Zillow Home Value Index.

Will home prices drop in 85205?

Zillow's forecast says they may: it expects typical home values in 85205 to fall 1.5% by September 2027, after a 0.2% 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 85205 home prices compare?

85205$400,067
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

The housing market in Mesa, AZ 85205 is showing signs of cooling. The typical home value is $400,067, down 0.2% over the past year, and the median list price of $389,450 sits below that figure. There were 132 homes for sale with 60 new listings as of September 2026. A median of 54 days on market suggests buyers have time to weigh their options. For sellers, pricing realistically from the start matters more than it did a year ago.

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Down payment20% · $80,013

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Common questions

What people ask us.

How much is a home in 85205 worth?

The typical home value in 85205 is $400,067, down 0.2% over the past year as of September 2026.

How long does it take to sell a home in 85205?

Homes in 85205 spend a median of 54 days on market as of September 2026.

How many homes are for sale in 85205?

There were 132 homes for sale in 85205 as of September 2026, with 60 new listings.

Discover

Nearby ZIP markets.

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