Market Intelligence · AZ / Maricopa County

Gilbert, AZ home prices and housing market

6 ZIP markets liveData updated September 2026Typical value$545K1-yr change0.0%

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

Sep 2025$545K

Low $544KHigh $549K

Sep 2026$545K

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

Context

Gilbert's housing market is holding steady as of September 2026. The typical home value in Gilbert is $545,364, up 0.0% over the past year, which means prices have flattened rather than climbed. There were 808 homes for sale, with 324 new listings coming on during the month. The median list price sat at $577,222, and homes took a median of 53 days to go under contract. Sellers are adjusting to slower demand, with 34.8% of listings carrying a price cut. For a homeowner weighing a sale, the message is straightforward: price carefully and expect buyers to take their time, because the market is balanced rather than urgent.

The numbers

What is the housing market like in Gilbert, AZ?

As of September 2026

Typical home value

$545K

0.0%YoY

Median list price

$577K

Days on market

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
Month	Typical value	1-yr change
September 2026	$545,364	0.0%
September 2025	$545,093	No 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

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Common questions

Questions about Gilbert, AZ home prices.

How much is a home in Gilbert worth?

The typical home value in Gilbert is $545,364 as of September 2026, essentially flat compared to a year earlier.

How long does it take to sell a home in Gilbert?

Homes in Gilbert spent a median of 53 days on the market as of September 2026.

Is Gilbert a buyer's or seller's market right now?

The data points to a cooler, more balanced market. About 34.8% of listings had a price cut, and inventory stood at 808 homes for sale as of September 2026.

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.

Nearby markets

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