Home ValuePros

Market Intelligence · AZ / Gilbert

Gilbert, AZ 85298 Housing Market

Typical home value in Gilbert, AZ 85298 stands at $682,212, down 0.4% over the past year. The median list price is $749,400, with homes spending a median of 69 days on market.

Updated August 2026Median value$682K

The median home value in Gilbert, AZ 85298 is $682K as of August 2026, down 0.4% 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 85298 range

$628K to $737K

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

-0.4% over 12 months

Typical home value in 85298 over the last 12 months: $685K in Jul 2025 to $682K in Jul 2026 (-0.4%).

Jul 2025$685K

Jul 2026$682K

The numbers

What is the 85298 housing market like?

Typical home value

$682K

Down0.4%YoY

Median list price

$737K

Down1.7%MoM

Days on market

71

Up2.9%MoM

Homes for sale

183

Down5.7%MoM

Price cuts

29.5%

Down13.3%MoM

New listings

52

Down16.1%MoM

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

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The comparison

How do 85298 home prices compare?

  • 85298$682,212
  • 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 market shows mixed signals. There are 194 homes for sale with 62 new listings, indicating a modest level of inventory. The median time on market of 69 days suggests homes are taking longer to sell. Nearly a third of listings (34.0%) have had price cuts, reflecting pricing adjustments across the market. For sellers, this is a cautious environment where pricing strategy matters more than it did a year ago.

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20% · $136,442

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