SIALIMStatistical Intelligence for America's Local Investment Markets

85204Mesa, AZ Home Values

Typical home value $392,816 as of June 2026 · 96th of 149 in Phoenix-Mesa-Chandler, AZ

Typical value — June 2026
$392,816
observed, not a forecast
Past 12 months
-1.6%
trailing year-over-year change
Past 5 years
+15.7%
June 2021 to June 2026
Rank in metro
96th
of 149 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 85204, June 2021 to June 2026. This page shows observed data only; no forecast.

How 85204 compares in the Phoenix-Mesa-Chandler, AZ area

ZIP code 85204 (Mesa, AZ) has a typical home value of $392,816 as of June 2026, ranking 96th of 149 ZIP codes tracked in the Phoenix-Mesa-Chandler, AZ area, more expensive than about 36% of ZIP codes in the metro. Prices here have moved -1.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +15.7%, from $339,566 in June 2021 to $392,816 in June 2026. Against observed rent, the typical home here sells for 22.9× the annual rent ($1,430/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Phoenix.

Population and demographics

ZIP code 85204 has a population of 65,018, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 48.5% White, 42.3% Hispanic or Latino, 3.6% Black or African American, 2.9% two or more races, 1.6% American Indian or Alaska Native, 1.1% Asian, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
Robson Elementary School2122 E PUEBLO AVE, MESA, AZ0.4 mi
Franklin Accelerated Academy - East Campus1753 E 8TH AVE, MESA, AZ0.5 mi
Mesa High School1630 E SOUTHERN AVE, MESA, AZ0.5 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 85204?

$392,816 as of June 2026, the latest month Zillow has published observed data for.

Is 85204 an expensive ZIP code in the Phoenix-Mesa-Chandler, AZ area?

85204 ranks 96th of 149 ZIP codes in the Phoenix-Mesa-Chandler, AZ area by typical home value, more expensive than about 36% of ZIP codes in the metro.

How much have home values in 85204 changed over the past year?

-1.6% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 85204?

The typical home price is 22.9× the observed annual rent in this ZIP code ($1,430/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 85204?

65,018, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 85204?

Robson Elementary School (0.4 mi), Franklin Accelerated Academy - East Campus (0.5 mi), Mesa High School (0.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 85204?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.