Market Intelligence · AZ / Mesa

Mesa, AZ 85206 Housing Market

The typical home in Mesa, AZ 85206 is worth $379,962, down 0.4% over the past year as of September 2026. The median list price is $365,000, and homes spend a median of 50 days on the market.

Updated September 2026Median value$380K

The median home value in Mesa, AZ 85206 is $380K as of September 2026, down 0.4% 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 85206 range

$350K to $410K

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

-0.4% over 12 months

Sep 2025$382K

Low $380KHigh $385K

Sep 2026$380K

The numbers

What is the 85206 housing market like?

As of September 2026

Typical home value

$380K

0.4%YoY

Median list price

$365K

4.3%MoM

Days on market

12.3%MoM

Homes for sale

115

15.0%MoM

Price cuts

25.3%

2.7%MoM

New listings

25.0%MoM

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

The outlook

85206 housing market forecast 2027

-1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85206 to fall 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 85206 fell 0.4%, per the Zillow Home Value Index.

Will home prices drop in 85206?

Zillow's forecast says they may: it expects typical home values in 85206 to fall 1.4% by September 2027, after a 0.4% 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 85206 home prices compare?

85206$379,962
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

As of September 2026, Mesa 85206 has 115 homes for sale, with 60 new listings hitting the market. The median list price of $365,000 sits below the typical home value of $379,962, which has slipped 0.4% over the past year. Homes are taking a median of 50 days to sell, so buyers have time to compare. About 25.3% of listings have taken a price cut, which points to some sellers overshooting the market. For a homeowner weighing a sale, pricing realistically from day one matters more than testing a high number.

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Down payment20% · $75,992

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Common questions

What people ask us.

How much is a home in 85206 worth?

The typical home value in 85206 is $379,962 as of September 2026, down 0.4% over the past year. The median list price is $365,000.

How fast are homes selling in 85206?

Homes in 85206 spend a median of 50 days on the market as of September 2026.

Is 85206 a buyer's or seller's market?

There are 115 homes for sale with 60 new listings, and 25.3% of listings have had a price cut. That suggests buyers have some room to negotiate.

Discover

Nearby ZIP markets.

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