Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
1,414 Mesa, AZ, USA apartments for sale
Mesa
According to statistics, the population in Mesa, AZ amounts to 508,979, which shows growth 3% compared to the previous year. The median age of the city’s residents is 36. The average household income is $58,247, shifting growth 6% from the past year, and the average property value in Mesa, AZ growth 8% to $242,500 throughout the year.
| Population | 508,979 |
| Median Age | 35.8 |
| Poverty Rate | 16% |
| Household Income | $58,247 |
| Number Of Employees | 241,819 |
| Median Property Value | $242,500 |
Household Income
The average household income in Mesa, AZ grew from $55,014 to $58,247 in the past year. This data is an estimate based upon 185,509 households in Mesa, AZ . The chart below presents how household income is distributed in Mesa, AZ in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Mesa, AZ shifted from $224,700 to $242,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mesa, AZ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mesa, AZ properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mesa, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Mesa, AZ equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Mesa, AZ, USA
Average sale in Mesa: $513,654 (-5.2%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $348,263 | +49% |
| 1 bed for sale | $128,769 | -26.8% |
| 2 bed for sale | $333,306 | -1.8% |
| 3 bed for sale | $474,622 | -4.7% |
| 4+ bed for sale | $703,970 | -5.6% |
During Jul 2022, the average price for an apartment in/near Mesa, AZ decreased by 5.2% to $513,654.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 26.8% to $128,769. Asking price for 2-bed apartment also decreased by 1.8% and a place of this size will now cost you $333,306. A 3-bed apartment goes for $474,622, it decreased by 4.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.6% and made it down to $703,970.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Apartments for sale | $240,790 | +13.3% |
| Townhouses for sale | $342,603 | -4.3% |
| Houses for sale | $553,061 | -7.9% |
| Land for sale | $469,825 | +30.2% |
| Condos for sale | $337,420 | +2.3% |
| Duplexes for sale | $610,000 | -9.6% |
The average cost of an apartment in Mesa, AZ rised by 13.3% to $240,790. Price reports demonstrate that house price decreased by 7.9% this month making it up to $553,061. Condos are really in demand in this season. The median price for a condo increased by 2.3%, it’s now available for $337,420. You can now purchase a duplex for just $610,000, duplex price decreased by 9.6% this month. The property value of townhouses decreased by 4.3%, you’ll have to spend around $342,603 to get one.