Market Intelligence · AZ / Gilbert

Gilbert, AZ 85233 Housing Market

The typical home value in Gilbert's 85233 ZIP code is $524,025, down 0.8% over the past year. The median list price sits at $531,175, and homes are taking a median of 57 days on market as of June 1, 2026.

Updated June 2026Median value$524K

The median home value in Gilbert, AZ 85233 is $524K as of June 2026, down 0.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 85233 range

$482K to $566K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.8% over 12 months

Typical home value in 85233 over the last 12 months: $528K in Jun 2025 to $524K in Jun 2026 (-0.8%).

Jun 2025$528K

Jun 2026$524K

The numbers

What is the 85233 housing market like?

Typical home value

$524K

Down0.8%YoY

Median list price

$531K

Days on market

57

Up11.8%MoM

Homes for sale

93

Price cuts

34.2%

New listings

56

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 85233 home prices compare?

  • 85233$524,025
  • Gilbert$552,617
  • Arizona$393,310
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Gilbert: 6 ZIPs; Arizona: 300 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 93 homes for sale in 85233, with 56 new listings added recently. The median list price is $531,175, while the typical home value is $524,025, down 0.8% over the past year. Homes are spending a median of 57 days on market, and 34.2% of listings have had a price cut. For sellers, this points to a slower, more price-sensitive market, so realistic pricing from the start matters.

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