ZIP Code 85203 — Mesa, AZ Home Prices (2026)

The typical home in ZIP 85203 (Mesa, Arizona) is worth about $451,000 at roughly $264 per square foot — 12% more expensive than the Mesa median and 53% more expensive than the typical U.S. home.

$451,000

Typical home value

$264

Price per sq ft

#5 of 13

Mesa ZIPs by value

+12%

vs Mesa median

How 85203 compares

ZIP 85203 is one of the pricier ZIP codes in Mesa: its typical home value of $451,000 ranks #5 of the 13 Mesa ZIP codes we track (the citywide range runs from $361,000 in 85201 to $557,000 in 85212). Per square foot it costs about $264, against $267 for Mesa as a whole, $249 for Arizona, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 85203	$451,000	$264
Mesa, AZ	$404,000	$267
Arizona	$393,000	$249
United States	$294,000	$195

Home value by size in 85203

Using this ZIP’s rate of about $264 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$264,000
1,500 sq ft	$396,000
2,000 sq ft	$528,000
2,500 sq ft	$660,000
3,000 sq ft	$792,000

Salary needed to buy a home in ZIP 85203

To buy the typical $451,000 home in ZIP 85203 with 20% down, you need a household income of roughly $123,000 a year (about $2,860 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $146,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$22,600	$3,560/mo	$153,000/yr
10% (+PMI)	$45,100	$3,400/mo	$146,000/yr
20%	$90,200	$2,860/mo	$123,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 85203

At about $264 per square foot, here is roughly how much home different budgets get you in ZIP 85203:

Budget	Approx. size	What that looks like locally
$250k	950 sq ft	below the local median — condos, smaller or older homes
$300k	1140 sq ft	below the local median — condos, smaller or older homes
$400k	1520 sq ft	around the typical home here
$500k	1890 sq ft	around the typical home here
$600k	2270 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 85203 home.

Estimate a specific home in 85203

The estimator below is pre-set to ZIP 85203 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Mesa ZIP codes by home value

Where 85203 sits among Mesa’s 13 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	85212	$557,000	$267
2	85213	$557,000	$286
3	85207	$552,000	$305
4	85215	$505,000	$292
5	85203 (this page)	$451,000	$264
6	85209	$444,000	$259
7	85205	$404,000	$267
8	85202	$397,000	$262
9	85204	$393,000	$274
10	85206	$384,000	$246
11	85208	$377,000	$259
12	85210	$364,000	$268
13	85201	$361,000	$262

ZIP 85203 home prices: frequently asked

What is the average home price in ZIP code 85203? +

The typical home in ZIP 85203 (Mesa, AZ) is worth about $451,000 as of 2026. That is 12% more expensive than the Mesa median of $404,000 and 53% more expensive than the U.S. median of $294,000.

What is the price per square foot in 85203? +

About $264 per square foot in 85203, versus $267 across Mesa and $249 across Arizona. At that rate a 1,500 sq ft home runs roughly $396,000 and a 2,500 sq ft home about $660,000.

What salary do you need to buy a house in ZIP 85203? +

For the typical $451,000 home in ZIP 85203, a household income of about $123,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $146,000; with 5% down about $153,000.

Is 85203 an expensive ZIP code? +

Within Mesa, 85203 ranks #5 of 13 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Mesa. Nationally it is relatively expensive.

See the full Mesa home values page, all Arizona cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.