Skip to the content

Mesa housing market: home prices, trends and forecast

Mesa home prices: by the Zillow Home Value Index, a typical home in Mesa, Arizona was valued at $428,871 in September 2026. That was −0.7% compared with a year before and −9.5% under the $473,643 peak reached in July 2022.

Value of a typical home
$428,871
September 2026, Zillow ZHVI
Change over 12 months
−0.7%. Compared with September 2025.
Change over 10 years
+90.8%. Compared with September 2016.
Multiple since the year 2000
×3.2. Starting value $135,332.
Time on the market
62
Phoenix, AZ metro area, from Realtor.com.

Mesa home prices since 2000

Mesa is the steel line, and the United States is the grey line. Between January 2000 and now, a typical Mesa home went from $135,332 to $428,871, or ×3.17, while the US gained ×2.99 over those months. The boom high was $280,233 in June 2006; the low was $124,225 in September 2011, −55.7%.

$100k$200k$300k$400k$500k200020052010201520202025Jan 2000 · $135,332$366,157$428,871Sep 2026MesaUnited States$100k$200k$300k$400k$500k200020102020Jan 2000 · $135k$366k$429kSep 2026
Typical home values from the Zillow Home Value Index, with smoothing and seasonal adjustment applied. Zillow Research data
January 2000 · $135,332

Median price of Mesa homes by year

Each year averages its twelve monthly values, and 2026 shows the latest month.

YearMesaChange on the yearUnited States
2000$138,220$125,745
2001$145,091+5.0%$134,899
2002$151,442+4.4%$144,276
2003$158,470+4.6%$155,308
2004$170,389+7.5%$169,891
2005$219,427+28.8%$189,732
2006$273,843+24.8%$206,531
2007$261,658−4.4%$208,449
2008$215,288−17.7%$195,574
2009$161,244−25.1%$177,542
2010$144,964−10.1%$171,462
2011$126,988−12.4%$162,508
2012$138,393+9.0%$161,137
2013$172,142+24.4%$171,420
2014$192,067+11.6%$182,996
2015$202,977+5.7%$192,738
2016$221,874+9.3%$204,509
2017$237,766+7.2%$216,767
2018$256,930+8.1%$230,541
2019$276,111+7.5%$242,088
2020$307,874+11.5%$257,151
2021$378,454+22.9%$295,959
2022$454,178+20.0%$340,014
2023$436,161−4.0%$348,160
2024$447,565+2.6%$359,751
2025$436,967−2.4%$362,959
September 2026$428,871−0.7%$366,157

Today's value of a Mesa home bought in any year

An index-based estimate of a typical home, not an appraisal.

A year's figure averages its twelve monthly index values, and the current value is September 2026. See also: home appreciation calculator.

Thinking about selling? Compare agents in your area on Realtor.com. Advertising disclosure: a link like this one may pay the site, and it never changes a number. Disclosure.

Mesa housing market forecast

In the Phoenix, AZ metro, Zillow's forecast is −1.8% over the 12 months starting in September 2026, with 0% for the three months ahead. That forecast, applied to Mesa's $428,871 typical value, would put the value at about $421,200 one year from now.

Zillow's central estimate is the one restated here for the metro; this site does not publish a forecast of its own. Forecasts of this kind over 12 months typically miss the realised change, in both directions, by several percentage points. This is not investment advice.

All metro forecasts in one table: housing market forecast.

Mesa housing market crash risk score

High, at 77 of 100.

Mesa is ranked against 292 cities using five conditions that ran high ahead of earlier price falls. Every input is scored from 0 to 100 compared with the other cities, and the five scores are averaged with equal weight. It shows conditions as they are now; it makes no prediction of a crash.

InputValueSub-scoreWeight
Active listings vs 2019+43.7%8620%
Time on the market vs 2019+44.2%9420%
Price-to-rent ratio23.37620%
Price-to-income ratio5.05420%
12-month price change−0.7%7520%

This is not investment advice. Scoring of the inputs: methodology. The full ranking of 292 cities: crash risk by city.

Homes for sale and market time in Mesa

For September 2026 the Phoenix, AZ metro showed 18,437 homes for sale, +7.5% versus a year earlier and +43.7% versus the same month of 2019. Selling took a median of 62 days per listing (+44.2% against 2019), while 29.0% of listings came down in price.

Phoenix, AZ metro, September 2026ValueOn a year
Active listings18,437+7.5%
New listings7,322
Median days on market62−4.7%
Median list price$475,000−4.8%
Share with a price cut29.0%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Mesa cost of living

The Zillow Observed Rent Index puts typical asking rent in Mesa at $1,532 a month, −0.2% on a year earlier. The price of a typical home comes to 23.3 years of that rent. Median household income comes to $85,580 (Census ACS 2024), which makes the typical home worth 5.0 times one year's income. BEA has metro prices at 103.3, where the US average is 100, and housing costs at 121.2.

The salary needed to move there, plus rent and prices: cost of living in Mesa.

More housing markets in Arizona

Arizona housing market: the whole state.

How to read this chart

Every point plots the Zillow Home Value Index for Mesa: the smoothed, seasonally adjusted value of a typical home in the market's middle third, in dollars of the month. A hollow dot shows the month picked on the slider; the terracotta dot shows the most recent month. The figures do not account for inflation. An index tracks the typical home rather than any one house, so use the card above or the home appreciation calculator to estimate a single home from its own sale price.