The housing market in 85205 Mesa, AZ is currently very strong. The median value of homes in this area is $391,700, which is significantly higher than the US median value of $338,100. Additionally, the appreciation rate for homes in 85205 Mesa, AZ has been even higher than the nation's at 9.87% compared to 8.27%. This data indicates that housing prices are continuing to rise in this particular area which could be a great opportunity for potential buyers and investors alike.
The median home cost in Mesa (zip 85205) is $391,700. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Mesa (zip 85205) is up 21.6%.
Average Age of Homes
- The median age of Mesa (zip 85205) real estate is 32 years old
The Rental Market in Mesa (zip 85205)
- Renters make up 24.9% of the Mesa (zip 85205) population
- 0.2% of houses and apartments in Mesa (zip 85205), 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.