Market Intelligence · AZ / Mesa

Mesa, AZ 85208 Housing Market

The typical home value in Mesa, AZ 85208 is $372,968, down 2.0% over the past year as of September 2026. The median list price stands at $380,750, and homes are spending a median of 59 days on the market.

Updated September 2026Median value$373K

The median home value in Mesa, AZ 85208 is $373K as of September 2026, down 2.0% 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 85208 range

$343K to $403K

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

-2.0% over 12 months

Typical home value in 85208 over the last 12 months: $381K in Sep 2025 to $373K in Sep 2026 (-2.0%).

Sep 2025$381K

Sep 2026$373K

The numbers

What is the 85208 housing market like?

Typical home value

$373K

Down2.0%YoY

Median list price

$381K

Down2.2%MoM

Days on market

59

Down10.6%MoM

Homes for sale

92

Up8.2%MoM

Price cuts

24.1%

Down29.6%MoM

New listings

28

Down30.0%MoM

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

The outlook

85208 housing market forecast 2027

-1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85208 to fall 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 85208 fell 2.0%, per the Zillow Home Value Index.

Will home prices drop in 85208?

Zillow's forecast says they may: it expects typical home values in 85208 to fall 1.6% by September 2027, after a 2.0% 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 85208 home prices compare?

  • 85208$372,968
  • 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

There are 92 homes for sale in 85208 as of September 2026, with 28 new listings coming on the market. The median list price is $380,750, while the typical home value is $372,968, down 2.0% over the past year. Homes are taking a median of 59 days to sell, and 24.1% of listings have had a price cut. For a seller, this means pricing carefully from the start matters more than it did a year ago.

Monthly payment

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20% · $74,594

Common questions

What people ask us.

How much is a home in 85208 worth?

The typical home value in Mesa, AZ 85208 is $372,968 as of September 2026, down 2.0% over the past year.

How long does it take to sell a home in 85208?

Homes in 85208 are spending a median of 59 days on the market as of September 2026.

Are sellers cutting prices in 85208?

Yes. As of September 2026, 24.1% of listings in 85208 have had a price cut.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.