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$544K

The median home value in Gilbert, AZ 85296 is $544K as of August 2026, down 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 85296 range

$500K to $587K

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 85296 over the last 12 months: $548K in Aug 2025 to $544K in Aug 2026 (-0.7%).

Aug 2025$548K

Aug 2026$544K

The numbers

What is the 85296 housing market like?

Typical home value

$544K

Down0.7%YoY

Median list price

$595K

Up3.1%MoM

Days on market

52

Down10.3%MoM

Homes for sale

148

Up8.0%MoM

Price cuts

39.1%

Up85.9%MoM

New listings

64

Up6.7%MoM

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

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The comparison

How do 85296 home prices compare?

  • 85296$543,621
  • Gilbert$547,568
  • Arizona$388,803
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Gilbert: 6 ZIPs; Arizona: 300 ZIPs; United States: 26,265 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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