Market Intelligence · AZ / Gilbert

Gilbert, AZ 85298 Housing Market

In Gilbert, AZ 85298, the typical home value is $677,844, up 0.2% over the past year as of September 2026. The median list price is $732,473, and homes have a median of 65 days on market.

Updated September 2026Median value$678K

The median home value in Gilbert, AZ 85298 is $678K as of September 2026, up 0.2% 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 85298 range

$624K to $732K

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

+0.2% over 12 months

Sep 2025$677K

Low $676KHigh $681K

Sep 2026$678K

The numbers

What is the 85298 housing market like?

As of September 2026

Typical home value

$678K

0.2%YoY

Median list price

$732K

0.5%MoM

Days on market

8.5%MoM

Homes for sale

180

1.6%MoM

Price cuts

38.2%

29.7%MoM

New listings

34.6%MoM

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

The outlook

85298 housing market forecast 2027

-1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85298 to fall 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 85298 rose 0.2%, per the Zillow Home Value Index.

Will home prices drop in 85298?

Zillow's forecast says they may: it expects typical home values in 85298 to fall 1.4% by September 2027, after a 0.2% rise 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 85298 home prices compare?

85298$677,844
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

Inventory stood at 180 homes for sale in September 2026, with 70 new listings. The typical home value is $677,844, up 0.2% over the past year, while the median list price is $732,473. A 38.2% share of listings had a price cut, and the median days on market is 65. For a seller, that points to a market where pricing and preparation matter more than speed.

Monthly payment

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Home price

Down payment20% · $135,569

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Common questions

What people ask us.

How much is a home in 85298 worth?

The typical home value in Gilbert, AZ 85298 is $677,844 as of September 2026, up 0.2% over the past year.

How long are homes taking to sell in 85298?

The median days on market is 65 as of September 2026, and there are 180 homes for sale.

Are sellers cutting prices in 85298?

A 38.2% share of listings had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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