85206, Mesa, AZ

The 85206 zip code of Mesa, AZ has a population of over 226,000 people and a median household income of over $60,000. Home prices in the 85206 zip code have increased significantly in recent years, reaching an all-time high of $269,900 in January 2018. The average home value in the 85206 zip code is now $279,200.

There are several factors contributing to the increase in home values in the 85206 zip code. First and foremost is the strong economy; Mesa has been one of the fastest-growing cities in Arizona for many years now. Additionally, there is a large and growing population within the 85206 zip code; this growth has led to increased demand for housing and consequently higher home values. Finally, Mesa is located within a desirable area; many people are drawn to Mesa because of its excellent schools and amenities (including a variety of shopping options and plenty of outdoor activities).

Despite these positive factors, there are also some risks associated with buying or selling homes in the 85206 zip code. For example, although prices have been increasing rapidly over recent years, they may not continue to do so indefinitely; if interest rates rise or economic conditions change adversely, then home values could decline significantly. Additionally, although Mesa is located within a desirable area, it can be susceptible to crime; if you live in an area that is particularly dangerous or vulnerable to crime (for example, if you live near a busy street), then it may be worth considering whether it would be safer for you to buy or sell your home elsewhere.