| Context | Value |
|---|
| Location | Mesa, AZ |
| County | Maricopa County |
| National rank | #9,447 of 14,967 |
| State rank | #511 of 746 |
| City rank | #108 of 160 |
| County rank | #437 of 546 |
| National percentile | 36.9 |
| National band | MIDDLE_50_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $424,232 |
| Year-over-year home value change | -0.3% |
| Month-over-month home value change | -0.34% |
| Home value to income ratio | 5.22 |
| Median household income | $81,241 |
| Bachelor's degree or higher | 26.8% |
| Civilian unemployment rate | 7.0% |
| Homeownership rate | 63.1% |
| Housing vacancy rate | 2.2% |
| Rent burden 30% or higher | 42.8% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Summer Place Village
What is the Best Neighborhoods USA ranking for Summer Place Village?
Summer Place Village is ranked #108 of 160 eligible neighborhoods in Mesa; #511 of 746 eligible neighborhoods in AZ; and #9,447 of 14,967 eligible neighborhoods in the United States.
Is Summer Place Village one of the best neighborhoods in Mesa?
Summer Place Village has a Best Neighborhoods USA Index of 44.8 and a city ranking of #108 of 160 eligible neighborhoods in Mesa.
How much are homes worth in Summer Place Village?
The current Zillow Home Value Index for Summer Place Village is approximately $424,232.
Are home values rising or falling in Summer Place Village?
Zillow neighborhood values changed -0.3% year over year and -0.34% month over month.
What is the Neighborhood Momentum Score for Summer Place Village?
Summer Place Village has a Neighborhood Momentum Score of 33.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Summer Place Village?
The NDS-derived neighborhood median household income is approximately $81,241.
How affordable is Summer Place Village relative to household income?
The current Zillow home-value-to-household-income ratio is 5.22. Price-to-income affordability is a major Value Opportunity input.
Is Summer Place Village primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 63.1%.
What is the unemployment rate in Summer Place Village?
The NDS-derived civilian unemployment rate is approximately 7.0%.
How educated are residents of Summer Place Village?
Approximately 26.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Summer Place Village face high rent burden?
Approximately 42.8% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Summer Place Village?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
FULL_OR_NEAR_FULL
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry.
These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications150
Estimated originations78
Home-purchase applications49
Origination rate52.0%
Home-purchase share32.9%
Average application loan$246,488
Total application loan amount$36,877,658
National application rank#2,941 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 15.9% YoY; originations 19.0% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography.
This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation.
Rankings require governed geometry coverage. Applicant demographics are excluded.
Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.