Zip Code:

85209, Mesa, AZ

85209 is a Arizona Zip code within the city of Mesa and the county of Maricopa County. Its population is roughly 41,407.

The Real Estate Market in Mesa, AZ

Mesa, AZ is located in the Phoenix metropolitan area. The 85209 zip code covers a total area of approximately 2 square miles. According to the 2010 census, the population of Mesa was 204,898. Home prices in Mesa have increased significantly over the past few years and as of September 2016, the median home price was $248,900.

The 85209 zip code has seen a significant increase in home equity and home prices over the past few years. In 2015, there were a total of 21 homes sold in the 85209 zip code for an average price of $269,000. This represented an increase of 116% from 2014 when there were only 8 homes sold for an average price of $130,000. In 2016, there were a total of 36 homes sold in the 85209 zip code for an average price of $248,900 which represents an increase of 122% from 2015 when there were only 21 homes sold for an average price of $269,000. This trend is expected to continue as more and more people are moving into this area and purchasing homes.

One reason why home prices have increased so much in Mesa is because it is a desirable location to live in. The city has many amenities that make it a desirable place to live including excellent schools and hospitals as well as plenty of shopping and dining options. Additionally, Mesa is close to both Phoenix and Tucson which makes it easy to get around town. Another reason why home prices have increased so much in Mesa is because there are limited available properties for sale compared to other areas throughout Arizona. As more people move into Mesa and buy existing homes or build new ones here, demand will continue to outpace supply which will drive up prices even further

Price Index: Phoenix-Mesa-Chandler, AZ

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