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Market Intelligence · AZ / Gilbert

Gilbert, AZ 85296 Housing Market

The typical home in Gilbert, AZ 85296 is worth $541,937 as of September 2026, down 0.6% over the past year. The median list price stands at $572,500, and homes are spending a median of 51 days on the market.

Updated September 2026Median value$542K

The median home value in Gilbert, AZ 85296 is $542K as of September 2026, down 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 85296 range

$499K to $585K

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

-0.6% over 12 months

Typical home value in 85296 over the last 12 months: $545K in Sep 2025 to $542K in Sep 2026 (-0.6%).

Sep 2025$545K

Sep 2026$542K

The numbers

What is the 85296 housing market like?

Typical home value

$542K

Down0.6%YoY

Median list price

$573K

Down3.8%MoM

Days on market

51

Down1.9%MoM

Homes for sale

153

Up3.4%MoM

Price cuts

32.5%

Down16.8%MoM

New listings

62

Down3.1%MoM

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

The outlook

85296 housing market forecast 2027

-1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85296 to fall 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 85296 fell 0.6%, per the Zillow Home Value Index.

Will home prices drop in 85296?

Zillow's forecast says they may: it expects typical home values in 85296 to fall 1.5% by September 2027, after a 0.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 85296 home prices compare?

  • 85296$541,937
  • Gilbert$545,364
  • Arizona$385,442
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Gilbert: 6 ZIPs; Arizona: 300 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 153 homes for sale in 85296, with 62 new listings adding to supply. The median list price is $572,500, while the typical home value is $541,937, down 0.6% over the past year. Homes are taking a median of 51 days to sell, and 32.5% of listings have had a price cut. That mix points to a market that has cooled from its peak and rewards patient, realistic sellers. If you price with the data rather than above it, you can still reach a clean sale.

Monthly payment

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20% · $108,387

Common questions

What people ask us.

How much is a home in 85296 worth?

The typical home value in Gilbert, AZ 85296 is $541,937 as of September 2026, down 0.6% over the past year. The median list price is $572,500.

How long does it take to sell a home in 85296?

Homes in 85296 are spending a median of 51 days on the market as of September 2026. About 32.5% of listings have had a price cut.

How many homes are for sale in 85296?

There are 153 homes for sale in 85296 as of September 2026, with 62 new listings hitting the market.

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