Is Mesa, AZ 85204 a buyer’s or seller’s market?

The Mesa housing market right now

In the three months ending August 31, 2026, 14% of homes in Mesa, AZ 85204 sold above their list price, the typical home went under contract in 48 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 108 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold more slowly (46 days then) and the median sale price rose 3% to $416,820. Overall, Mesa is about as competitive as it was a year ago.

Within Maricopa County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Mesa ranks #18 of 231 AZ ZIP codes with enough sales (score 45 out of 100).

Nearby, buyers who want less competition could look at Wickenburg 85390 (0% sold over asking) or Carefree 85377 (0% sold over asking), while Arlington 85322 (33% sold over asking) and Tolleson 85353 (32% sold over asking) are even more competitive.