The story of this market
The typical home in ZIP 85201 sells for about $334,083, or $264 per square foot.
Prices are up +2.8% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,550 a month.
ZIP 85201 — Mesa
The 85201 housing market shows moderate growth with a 2.8% year-over-year increase in median sale prices. While inventory remains tight, the market is cooling slightly from previous peaks, evidenced by a longer median time on market compared to last year. Demand remains steady, supported by the area's affordability relative to the broader Phoenix metro.
This ZIP is well-suited for renters and first-time homebuyers seeking affordability and proximity to downtown Mesa's amenities and transit corridors.
Median prices moved up 2.8% year over year.
Homes spend a median of 39 days on market with 1.5 months of supply — a fast-moving market.
47% of listings have cut prices · homes sell at 99.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 18.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 85201, Maricopa County AZ
The area is served by Mesa Public Schools, with performance varying across individual campuses within the district.
The region faces standard desert climate risks, including extreme heat and occasional monsoon-related wind or flash flooding events.
Development is focused on urban infill and revitalization projects within the Mesa city core, supported by proximity to regional employment hubs.
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.
Residents benefit from proximity to the US-60 and Loop 101 freeways, providing direct access to the broader Phoenix metropolitan employment centers.
The area features access to local parks, community centers, and proximity to the shopping and dining districts of downtown Mesa.
The rental market is characterized by a high renter share, with significant demand for multi-family housing units near the city center.
The local economy is anchored by education, healthcare, and government services, with significant employment provided by Mesa Public Schools and the City of Mesa.
The area is served by Valley Metro bus routes and is in proximity to the light rail extension, facilitating regional connectivity.
Ongoing urban planning initiatives focus on transit-oriented development and the expansion of residential capacity in the city center.
The Maricopa County Assessor determines property values annually based on market data and statutory assessment ratios.
Parcels are subject to levies from Mesa Unified School District and various municipal special service districts.
Property insurance premiums are influenced by regional wildfire and heat-related risk assessments common to the Phoenix metro area.
Data retrieved from US Census Bureau ZCTA 85201 profiles.
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.
- Great Wolf Lodge | Arizona4.28.1 mi
- Arizona Grand Resort & Spa4.38.3 mi
- Salt River Tubing4.715.5 mi
- Castles N' Coasters4.318.5 mi
- Pecan Lake Entertainment4.218.9 mi
- Desert Botanical Garden4.86.1 mi
- Chase Field4.612.8 mi
- Mortgage Matchup Center4.613.1 mi
- Casino Arizona4.12.8 mi
- Phoenix Convention Center4.512.9 mi
- Desert Botanical Garden4.86.1 mi
- Phoenix Zoo4.56 mi
- Casino Arizona4.12.8 mi
- OdySea Aquarium4.58.6 mi
- Great Wolf Lodge | Arizona4.28.1 mi
- Desert Botanical Garden4.86.1 mi
- Hole in the Rock4.76 mi
- Musical Instrument Museum4.918 mi
- McCormick-Stillman Railroad Park4.88.5 mi
- Phoenix Art Museum4.713.3 mi
- Desert Botanical Garden4.86.1 mi
- Papago Park4.76.1 mi
- Hole in the Rock4.76 mi
- McCormick-Stillman Railroad Park4.88.5 mi
- Riparian Preserve at Water Ranch4.87.9 mi
- Arizona Grand Resort & Spa4.38.3 mi
- Topgolf Scottsdale4.57.7 mi
- Topgolf Gilbert4.59.8 mi
- Papago Golf Club4.37 mi
- Dobson Ranch Golf Course4.64.4 mi
- Arizona Mills4.47.7 mi
- Scottsdale Fashion Square4.66.9 mi
- Chandler Fashion Center4.59.6 mi
- Tempe Marketplace4.63.2 mi
- Phoenix Premium Outlets4.512.5 mi
- Phoenix Sky Harbor International Airport4.39.5 mi
- Mesa Gateway Airport4.413.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central hub for local businesses, restaurants, and cultural venues.
Major regional facility for performing and visual arts.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).