Zip 85203 (Mesa, AZ) Housing

The housing market in 85203 Mesa, AZ is doing well, with a median value of $412,700. This is significantly higher than the US median value of $338,100. In the last year alone, house appreciation in 85203 Mesa, AZ has risen by 9.87%, which is more than the US 1 year house appreciation of 8.27%. Due to this strong growth over the past year and its relatively high median value compared to other areas of the US, it could be a good investment opportunity for those looking to purchase property in the area.

The median home cost in Mesa (zip 85203) is $412,700. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Mesa (zip 85203) is up 21.6%.

Average Age of Homes

- The median age of Mesa (zip 85203) real estate is 39 years old

The Rental Market in Mesa (zip 85203)

- Renters make up 37.6% of the Mesa (zip 85203) population
- 2.1% of houses and apartments in Mesa (zip 85203), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mesa, Arizona	United States
	13,917.0	139,647,020.0
	42	42
	$412,700	$338,100
	21.6%	16.6%
	91.8%	57.0%
	199.6%	101.1%
	$5.02	$10.98
	$1,433	$2,690
	52.6%	57.4%
	5.9%	11.2%
	41.5%	31.4%
Vacant Housing
	2.1%	1.9%
	0.5%	0.4%
	0.8%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	1.7%	2.4%
	1.1%	2.8%
	1.0%	3.9%
	1.1%	4.5%
	4.8%	11.3%
	7.2%	13.0%
	35.8%	20.1%
	22.7%	13.6%
	10.8%	8.3%
	6.7%	9.7%
	1.7%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	11.7%	13.6%
	32.0%	13.2%
	30.9%	14.8%
	11.7%	13.6%
	6.8%	10.0%
	1.7%	4.7%
	0.4%	12.2%

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