Home ValuePros

Market Intelligence · AZ / Gilbert

Gilbert, AZ 85297 Housing Market

Homes in Gilbert 85297 are worth a typical $590,859, down 1.1% over the past year. The median list price is $635,000, and homes are staying on the market for a median of 45 days.

Updated June 2026Median value$591K

The median home value in Gilbert, AZ 85297 is $591K as of June 2026, down 1.1% 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 85297 range

$544K to $638K

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

-1.1% over 12 months

Typical home value in 85297 over the last 12 months: $598K in Jun 2025 to $591K in Jun 2026 (-1.1%).

Jun 2025$598K

Jun 2026$591K

The numbers

What is the 85297 housing market like?

Typical home value

$591K

Down1.1%YoY

Median list price

$635K

Days on market

45

Down6.2%MoM

Homes for sale

144

Price cuts

36.6%

New listings

52

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

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The comparison

How do 85297 home prices compare?

  • 85297$590,859
  • 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

The ZIP has 144 homes currently for sale with 52 new listings as of June 2026. The median days on market of 45 suggests a market moving at a steady pace, though not quickly. A notable 36.6% of listings have seen a price cut, indicating that sellers are adjusting to current conditions. The gap between list price and typical home value reflects the adjustment period buyers and sellers are navigating. If you own here, expect to price strategically and be ready for negotiations.

Monthly payment

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20% · $118,172

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