Market Intelligence · AZ / Maricopa County

Gilbert, AZ home prices and housing market

6 ZIP markets liveData updated September 2026Typical value$545K1-yr changeFlat0.0%

The typical home value in Gilbert, AZ is $545K as of September 2026, about flat from a year ago, based on the Zillow Home Value Index. In the typical Gilbert ZIP code, the median list price is $577K and homes spend a median of 53 days on market as of September 2026 (Realtor.com).

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The coverage

Gilbert, by the numbers.

Typical home valueZillow ZHVI, September 2026
$545K
1-yr changeMedian across Gilbert ZIPs
+0.0%
ZIP markets live7 tracked in Gilbert
6
County
Maricopa County

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12-month value trend

+0.0% over 12 months

Typical home value in Gilbert over the last 12 months: $545K in Sep 2025 to $545K in Sep 2026 (+0.0%).

Sep 2025$545K

Sep 2026$545K

Median Zillow home value index across Gilbert's ZIP codes.

Context

In Gilbert, the typical home value sits at $547,568, up 0.1% over the past year as of August 2026. The median list price stands at $577,222, with 808 homes currently on the market as of September 2026. Homes are taking a median of 53 days to sell, and new listings continue at a steady pace with 324 added in September. However, 34.8% of listings have seen price reductions, a sign that buyer competition has softened. If you're considering selling, you should know that this is a slower market than recent years, so pricing strategy and home condition matter more than they did when homes moved faster.

The numbers

What is the housing market like in Gilbert, AZ?

Typical home value

$545K

Flat0.0%YoY

Median list price

$577K

Days on market

53

Homes for sale

808

Price cuts

34.8%

New listings

324

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Gilbert's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Gilbert, AZ home prices over time

Typical home values in Gilbert, AZ are about flat over the past year, from $545K in September 2025 to $545K in September 2026.

Typical home value in Gilbert, AZ, September of each year
MonthTypical value1-yr change
September 2026$545,3640.0%
September 2025$545,093No prior year

Typical value is the median Zillow Home Value Index across Gilbert ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Gilbert, AZ a buyer's or seller's market?

Gilbert, AZ leans toward a buyer's market.

A large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 53 days on market and 35% of listings with a price cut in the typical Gilbert ZIP code, and 324 new listings against 808 active listings across Gilbert, as of September 2026 (Realtor.com).

The outlook

Gilbert housing market forecast 2027

-1.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 6 Gilbert ZIP codes, points to typical home values falling 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in Gilbert held essentially flat, per the Zillow Home Value Index.

Will home prices drop in Gilbert?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Gilbert shows typical home values falling 1.5% by September 2027, after a flat past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 6 Gilbert ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Gilbert ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 7 Gilbert ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Gilbert?

Top real estate agents in Gilbert, AZ

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Common questions

Questions about Gilbert, AZ home prices.

What is the typical home value in Gilbert?

The typical home value in Gilbert is $547,568, which increased by 0.1% over the past year as of August 2026.

How long do homes typically stay on the market in Gilbert?

The median days on market in Gilbert is 53 days as of September 2026.

What share of homes in Gilbert have had their price reduced?

As of September 2026, 34.8% of listings in Gilbert have experienced a price cut.

Are home prices going up or down in Gilbert, AZ?

Typical home values in Gilbert, AZ are about flat over the past year, based on the Zillow Home Value Index as of September 2026.

Is Gilbert, AZ a buyer's or seller's market?

Gilbert, AZ leans toward a buyer's market. A large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 53 days on market and 35% of listings with a price cut in the typical Gilbert ZIP code, and 324 new listings against 808 active listings across Gilbert, as of September 2026 (Realtor.com).

Nearby markets

More Arizona housing markets.

The market is moving

Latest housing news

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