Market Intelligence · AZ / Gilbert

Gilbert, AZ 85234 Housing Market

In Gilbert's 85234 ZIP code, the typical home value is $556,866, up 0.7% over the past year. The median list price sits at $571,975, and homes are taking a median of 51 days on market as of June 2026.

Updated June 2026Median value$557K

The median home value in Gilbert, AZ 85234 is $557K as of June 2026, up 0.7% 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 85234 range

$512K to $601K

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

+0.7% over 12 months

Typical home value in 85234 over the last 12 months: $553K in Jun 2025 to $557K in Jun 2026 (+0.7%).

Jun 2025$553K

Jun 2026$557K

The numbers

What is the 85234 housing market like?

Typical home value

$557K

Up0.7%YoY

Median list price

$572K

Days on market

51

Up24.4%MoM

Homes for sale

113

Price cuts

33.0%

New listings

48

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

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The comparison

How do 85234 home prices compare?

  • 85234$556,866
  • 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 113 homes for sale in 85234, with 48 new listings adding to the pool. The median list price is $571,975, while the typical home value is $556,866, up 0.7% over the past year. Homes are taking a median of 51 days to sell, and 33.0% of listings have had a price cut. For sellers, this points to a market where buyers have options and patience, so realistic pricing matters more than ever.

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