Mesa, AZ housing market

The latest available asking prices, rents, and inventory, with monthly and yearly trends. Figures describe DoorHunter’s sampled listings in this region, not every home in the city.

Market data as of September 11, 2026

Photo credits · CC BY-SA 3.0

Latest figures & market trends

Latest available listing data as of September 11, 2026. Figures update as new source data arrives.

Month-over-month and year-over-year changes compare September 2026 with the prior month and the same month a year earlier. They use completed months, separately from the current figures.

Current listing figures and completed-month trends for Mesa, AZ. Changes require matching periods and collection scope.
Metric	Latest	MoM	YoY
Median asking price	$539,900	Unavailable	Unavailable
Median monthly rent	$2,445	Unavailable	Unavailable
For-sale listings	3,832	Unavailable	Unavailable
Rental listings	1,360	Unavailable	Unavailable

Monthly trends

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Each dot is one completed-month observation, not a monthly average. Lines join consecutive months only when collection scope and calculation version match. Missing months and unavailable values are not connected. The current partial month is excluded. Open monthly history below for exact values.

View monthly history

Monthly observations for Mesa, AZ.
Month	Asking price	Price MoM	Price YoY	Monthly rent	For sale	Rentals	Est. cap rate
September 2026	$550,000	Unavailable	Unavailable	$2,450	2,363	1,354	3.19%
August 2026	$555,000	Unavailable	Unavailable	$2,450	2,076	1,134	3.15%

Up to 12 recent months, with an additional year of history for annual comparisons. Each month uses its last available observation, rather than a monthly average. Missing periods and changes in collection scope stay unavailable; the listing mix can still affect comparisons.

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The market at a glance

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Asking rent by bedroom count

Compare the monthly rent of different home sizes.

Studio / 1 bedroom: $1,325
2 bedrooms: $2,100
3 bedrooms: $2,295
4 bedrooms: $2,693
5+ bedrooms: $3,500

Medians from separate bedroom groups, not the same homes. Bedroom-level sample counts are not available.

Captured listing inventory

See the available sale and rental listing samples.

For sale: 3,832
For rent: 1,360

Counts cover captured active listings within the configured search area. They do not measure every available home in the city. Bars start at zero.

Current listing & rental details

Seven views of the region, with source coverage kept visible. Unavailable figures stay unavailable.

Purchase prices

Asking prices for active sale listings. The middle 50% range runs from the 25th to 75th percentile.

Median listing priceSample: 3,745 listings: $539,900
Middle 50% asking-price range: $445,000 to $699,900
Median price per square footSample: 3,733 listings: $275.70 / sq ft

Rental prices

Asking rents from a separate active rental cohort. Bedroom groups include only listings with a usable bedroom count.

Median monthly asking rentSample: 1,358 listings: $2,445
Middle 50% rent range: $2,186 to $2,923
Median monthly rent per square footSample: 1,352 listings: $1.43 / sq ft
Studio / 1 bedroom: $1,325
2 bedrooms: $2,100
3 bedrooms: $2,295
4 bedrooms: $2,693
5+ bedrooms: $3,500

Rental yields

Gross yield and cap rate use paired asking prices and modeled rents for sale listings. Cap rate deducts modeled operating expenses before financing and capital reserves.

Median estimated cap rateSample: 3,364 listings: 3.07%
Median estimated gross rental yieldSample: 3,364 listings: 5.71%
Monthly rent-to-price ratio: 0.45%

Inventory

Counts reflect captured active listings within this region.

Active for-sale listings: 3,832
Active rental listings: 1,360

Listing age

Listing age among active for-sale listings with a usable days-on-market value. This is not time to a completed sale.

Median days on marketSample: 501 listings: 88 days
Share listed more than 30 days: 73.05%
Share listed more than 60 days: 59.88%
Share listed more than 90 days: 48.30%

Sales activity

Captured sales are a partial sample of transactions. Months of supply divides active sale listings by captured sales in the last 30 days; zero sales cannot establish supply.

Captured sales, last 30 days: 462
Captured sales, last 90 days: 1,926
Median sale price, last 90 daysSample: 1,926 listings: $505,000
Estimated months of supply: 8.29 months
30-day absorption rate: 12.06%

Underwriting scenarios

Medians of individual for-sale property scenarios using each listing’s own asking price and rent estimate. These are modeled results, not observed investment returns.

Median modeled monthly cash flowSample: 3,364 listings: -$1,708
Middle 50% cash-flow range: -$2,350 to -$1,280
Median modeled cash-on-cash return: -17.86%
Median debt-service coverage: 0.46×
Median break-even occupancy: 163.80%
Share with positive modeled cash flow: 0.80%

Scenario assumptions: 20.00% down; 7.50% fixed interest for 30 years; 2.00% closing costs; 5.00% of scheduled rent for capital reserves. Management 10.00%, maintenance 5.00%, and vacancy 5.00% of scheduled rent; annual taxes and insurance 1.50% of asking price. No HOA, rehab, or appreciation is assumed. Break-even occupancy above 100% indicates the scenario cannot cover costs at the modeled rent.

Income, employment & housing

Economic data have not been published for this market yet.

How to read these numbers

Price and rent reflect distinct listing cohorts rather than paired properties. Modeled yields and cap rates apply standard operating expense baselines and exclude individual financing, income taxes, and future capital expenditures.

Compare published markets

Current published markets with the closest median asking prices, ordered by proportional price difference. This is a price comparison, not a ranking of investment quality:

Las Vegas, NV· $539,000 median listing price · $2,320 median monthly rent
Anchorage, AK· $549,900 median listing price · $3,100 median monthly rent
Aurora, CO· $530,000 median listing price · $2,995 median monthly rent
Henderson, NV· $550,000 median listing price · $2,350 median monthly rent
Phoenix, AZ· $525,000 median listing price · $2,400 median monthly rent

What these medians mean for a rental budget

The price and rent medians describe different listings. Combining them below is a hypothetical sensitivity exercise, not a representative property, observed return, or recommendation.

Using the latest available listing figures, with source data as of September 11, 2026.

At a $539,900 purchase and $2,445 monthly rent, assume 25% down, a 7.5% fixed mortgage for 30 years, 5% vacancy, operating costs equal to 30% of scheduled rent, and a separate 5% capital reserve. These expense and financing assumptions are illustrative, not measured local costs.

Rent collected after vacancy: $2,323
Operating costs: $734
Capital reserve: $122
Monthly principal and interest: $2,831
Illustrative monthly cash flow: -$1,364

Replace the teaching assumptions with actual taxes, insurance, HOA fees, maintenance, vacancy, and loan terms in the rental property cash flow calculator. This example excludes income taxes, appreciation, and acquisition costs.

Read the complete data methodology · Understand cap rate and cash-on-cash return

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