What is the typical home value in Gilbert, AZ 85296?

The typical home value is $547,309, down 1.0% over the past year.

How long do homes stay on the market here?

The median days on market is 52.

What share of homes have price reductions?

39.1% of listings currently have a price cut.

Market Intelligence · AZ / Gilbert

Gilbert, AZ 85296 Housing Market

The typical home value in Gilbert, AZ 85296 is $547,309, down 1.0% over the past year. The median list price stands at $595,000, with homes taking a median of 52 days to sell.

Updated August 2026Median value$547K

The median home value in Gilbert, AZ 85296 is $547K as of August 2026, down 1.0% 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 85296 range

$504K to $591K

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

-1.0% over 12 months

Jul 2025$553K

Low $547KHigh $553K

Jul 2026$547K

The numbers

What is the 85296 housing market like?

As of August 2026

Typical home value

$547K

1.0%YoY

Median list price

$595K

3.1%MoM

Days on market

10.3%MoM

Homes for sale

148

8.0%MoM

Price cuts

39.1%

85.9%MoM

New listings

6.7%MoM

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

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The comparison

How do 85296 home prices compare?

85296$547,309
Gilbert$550,996
Arizona$392,647
United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Gilbert: 6 ZIPs; Arizona: 300 ZIPs; United States: 26,266 ZIPs).

Context

Gilbert's housing market shows mixed signals. There are 148 homes for sale as of the snapshot date, with 64 new listings entering the market. The median days on market of 52 suggests moderate buyer interest, though the price cuts on 39.1% of listings indicate some seller flexibility. With the typical home value declining year over year, sellers should expect a patient market where pricing competitively matters.

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