Neighborhood Profile

Estate Groves and Valencia Estates

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
51.3
National rank: #7,176 of 14,967
Stability and Strength
55.1
Score
Value Opportunity
43.2
Score
Momentum
56.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#7,176 of 14,967
State rank#424 of 746
City rank#85 of 160
County rank#378 of 546
National percentile52.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,344,801
Year-over-year home value change0.8%
Month-over-month home value change0.22%
Home value to income ratio7.95
Median household income$169,074
Bachelor's degree or higher44.2%
Civilian unemployment rate7.8%
Homeownership rate87.2%
Housing vacancy rate14.3%
Rent burden 30% or higher99.8%

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 Estate Groves and Valencia Estates

What is the Best Neighborhoods USA ranking for Estate Groves and Valencia Estates?

Estate Groves and Valencia Estates is ranked #85 of 160 eligible neighborhoods in Mesa; #424 of 746 eligible neighborhoods in AZ; and #7,176 of 14,967 eligible neighborhoods in the United States.

Is Estate Groves and Valencia Estates one of the best neighborhoods in Mesa?

Estate Groves and Valencia Estates has a Best Neighborhoods USA Index of 51.3 and a city ranking of #85 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Estate Groves and Valencia Estates?

The current Zillow Home Value Index for Estate Groves and Valencia Estates is approximately $1,344,801.

Are home values rising or falling in Estate Groves and Valencia Estates?

Zillow neighborhood values changed 0.8% year over year and 0.22% month over month.

What is the Neighborhood Momentum Score for Estate Groves and Valencia Estates?

Estate Groves and Valencia Estates has a Neighborhood Momentum Score of 56.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Estate Groves and Valencia Estates?

The NDS-derived neighborhood median household income is approximately $169,074.

How affordable is Estate Groves and Valencia Estates relative to household income?

The current Zillow home-value-to-household-income ratio is 7.95. Price-to-income affordability is a major Value Opportunity input.

Is Estate Groves and Valencia Estates primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 87.2%.

What is the unemployment rate in Estate Groves and Valencia Estates?

The NDS-derived civilian unemployment rate is approximately 7.8%.

How educated are residents of Estate Groves and Valencia Estates?

Approximately 44.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Estate Groves and Valencia Estates face high rent burden?

Approximately 99.8% 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 Estate Groves and Valencia Estates?

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 applications48
Estimated originations30
Home-purchase applications20
Origination rate62.9%
Home-purchase share42.3%
Average application loan$532,775
Total application loan amount$25,729,981
National application rank#7,373 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.0% YoY; originations 13.0% 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.