Neighborhood Profile

Sundance Homes

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
69.4
National rank: #1,470 of 14,967
Stability and Strength
74.4
Score
Value Opportunity
75.6
Score
Momentum
52.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#1,470 of 14,967
State rank#66 of 746
City rank#10 of 160
County rank#65 of 546
National percentile90.2
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$431,025
Year-over-year home value change2.2%
Month-over-month home value change-0.25%
Home value to income ratio3.46
Median household income$124,462
Bachelor's degree or higher34.7%
Civilian unemployment rate0.2%
Homeownership rate78.1%
Housing vacancy rate5.0%
Rent burden 30% or higher32.4%

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 Sundance Homes

What is the Best Neighborhoods USA ranking for Sundance Homes?

Sundance Homes is ranked #10 of 160 eligible neighborhoods in Mesa; #66 of 746 eligible neighborhoods in AZ; and #1,470 of 14,967 eligible neighborhoods in the United States.

Is Sundance Homes one of the best neighborhoods in Mesa?

Sundance Homes has a Best Neighborhoods USA Index of 69.4 and a city ranking of #10 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Sundance Homes?

The current Zillow Home Value Index for Sundance Homes is approximately $431,025.

Are home values rising or falling in Sundance Homes?

Zillow neighborhood values changed 2.2% year over year and -0.25% month over month.

What is the Neighborhood Momentum Score for Sundance Homes?

Sundance Homes has a Neighborhood Momentum Score of 52.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sundance Homes?

The NDS-derived neighborhood median household income is approximately $124,462.

How affordable is Sundance Homes relative to household income?

The current Zillow home-value-to-household-income ratio is 3.46. Price-to-income affordability is a major Value Opportunity input.

Is Sundance Homes primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 78.1%.

What is the unemployment rate in Sundance Homes?

The NDS-derived civilian unemployment rate is approximately 0.2%.

How educated are residents of Sundance Homes?

Approximately 34.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sundance Homes face high rent burden?

Approximately 32.4% 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 Sundance Homes?

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 applications24
Estimated originations15
Home-purchase applications8
Origination rate63.4%
Home-purchase share35.1%
Average application loan$261,201
Total application loan amount$6,148,121
National application rank#10,097 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.9% YoY; originations 9.2% 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.