The story of this market
The typical home in Mesa, Arizona sells for about $490,000, or $285 per square foot.
Prices are roughly flat from a year ago (-0.9%), a market in balance. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,620 a month.
Monthly price momentum
Home values since 2015
+0.5%
AZ · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Mesa, Arizona
Mesa's housing market is currently transitioning toward a more balanced state, with inventory levels rising and price growth moderating. While buyers are finding more leverage due to increased supply and price cuts, the city's strong economic fundamentals and ongoing development projects continue to support long-term demand.
No ARED county foreclosure postings attributed to Mesa yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 13 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 0.8% year over year.
Homes spend a median of 65 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 1.76% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.5% — a stable, low-distress profile.
- Great Wolf Lodge | Arizona4.29.5 mi
- Arizona Grand Resort & Spa4.38.5 mi
- Salt River Tubing4.715.5 mi
- Castles N' Coasters4.319.8 mi
- Pecan Lake Entertainment4.217.4 mi
- Desert Botanical Garden4.87.3 mi
- Chase Field4.613.7 mi
- Mortgage Matchup Center4.614 mi
- Casino Arizona4.14.1 mi
- Phoenix Convention Center4.513.9 mi
- Desert Botanical Garden4.87.3 mi
- Phoenix Zoo4.57.1 mi
- Casino Arizona4.14.1 mi
- OdySea Aquarium4.510 mi
- Great Wolf Lodge | Arizona4.29.5 mi
- Desert Botanical Garden4.87.3 mi
- Hole in the Rock4.77.2 mi
- Musical Instrument Museum4.919.4 mi
- McCormick-Stillman Railroad Park4.89.9 mi
- Phoenix Art Museum4.714.4 mi
- Desert Botanical Garden4.87.3 mi
- Papago Park4.77.3 mi
- Hole in the Rock4.77.2 mi
- McCormick-Stillman Railroad Park4.89.9 mi
- Dobbins Lookout4.814 mi
- Arizona Grand Resort & Spa4.38.5 mi
- Topgolf Scottsdale4.59.1 mi
- Topgolf Gilbert4.58.4 mi
- We-Ko-Pa Golf Club4.614.3 mi
- Papago Golf Club4.38.1 mi
- Arizona Mills4.48 mi
- Scottsdale Fashion Square4.68.3 mi
- Chandler Fashion Center4.58.8 mi
- Tempe Marketplace4.64.2 mi
- Phoenix Premium Outlets4.512 mi
- Phoenix Sky Harbor International Airport4.310.4 mi
- Mesa Gateway Airport4.412.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The largest comprehensive arts campus in Arizona, featuring theaters and galleries that drive local tourism and property value.
A popular public course that serves as a recreational hub for the surrounding residential community.
A major retail and entertainment district that provides significant convenience and employment to the area.
Mesa is ideal for families seeking established neighborhoods, commuters working in the East Valley, and investors looking for a stable, growing market. The city offers a diverse range of housing types, from affordable starter homes to luxury master-planned communities.
The city is served by several districts, most notably Mesa Public Schools, which offers a wide range of academic and vocational programs. School quality varies by neighborhood, with several magnet and charter options available to supplement traditional public offerings.
The city is served by a robust network of freeways, including the US-60 and Loop 202, facilitating easy access to the broader region. Public transit options include bus routes and light rail extensions connecting Mesa to Tempe and Phoenix.
Mesa offers an extensive park system, including the expansive Red Mountain Park and various golf courses like Dobson Ranch. The city is also home to the Mesa Arts Center, which serves as a cultural anchor for the East Valley.
The rental market is deep and competitive, with a mix of single-family rentals and large apartment complexes. Vacancy rates have stabilized as new supply has come online, though rent growth has moderated compared to the rapid increases seen in previous years.
Mesa's economy is anchored by aerospace, healthcare, and education, with major employers including Boeing and Banner Health. The city is experiencing strong momentum due to its strategic location in the Phoenix metro and ongoing infrastructure investments.
Mesa is a major economic hub in the East Valley, anchored by aerospace, healthcare, and education sectors. Significant development is ongoing, particularly in the downtown core and the Gateway Airport area, which continues to attract corporate investment.
Development is focused on the revitalization of the downtown core and the expansion of the Gateway Airport area. Several mixed-use projects are currently in the pipeline to increase density and walkability.
Parcels in Mesa are subject to various special districts, including school districts, community college districts, and fire districts, which are reflected in the annual property tax bill.
Mesa experiences crime rates consistent with other large suburban cities in the Phoenix metro area. Property crime remains the primary concern, though local law enforcement initiatives have focused on community policing to stabilize trends.
The primary environmental risks include extreme summer heat and occasional flash flooding during monsoon season. Property insurance premiums have seen upward pressure due to regional wildfire risks and general climate-related adjustments in the Southwest.
Property insurance in Mesa is influenced by regional climate risks, with premiums reflecting the costs associated with heat and storm-related damage.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures represent city-level estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
applies when — Applies only to parcels located within the boundaries of specific special taxing districts (e.g., Irrigation Water Delivery Districts, SLIDs).
Imposes additional tax levies or per-acreage assessments on top of the primary property tax. For example, some districts charge on a per-acreage basis while others use a rate per $100 of valuation.
Rates and levies are established annually by the specific district.
Requires uniform identification of developed property and improvements for emergency services, record keeping, and postal delivery.
Standardized regulation for all developed property.
applies when — Applies to all development of land conditions that may affect drainage systems and patterns.
Imposes requirements on development projects to manage drainage systems and patterns to prevent flooding and erosion.
Applicable to all development projects impacting drainage.
Controls the use of outdoor artificial illuminating devices to minimize light pollution and protect astronomical observations.
Incorporated into Section 812 of the Maricopa County Zoning Ordinance.
Regulates land use, growth, and development in unincorporated areas to promote public health, safety, and general welfare.
Governs all unincorporated land within the county.
The tax is calculated by multiplying the Limited Property Value (LPV) determined by the County Assessor by the primary tax rate. The rate is derived by dividing the total primary tax levy by the total assessed value of all property within the jurisdiction. For example, a primary tax increase can raise taxes on a $100,000 home from $113.85 to $115.91.
Rates are set annually in August pursuant to A.R.S. § 42-17151.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.