Market Intelligence · AZ / Gilbert

Gilbert, AZ 85298 Housing Market

The typical home in Gilbert's 85298 ZIP code is worth $684,787, down 0.8% over the past year. The median list price is $762,499, and homes are taking a median of 55 days on market.

Updated June 2026Median value$685K

The median home value in Gilbert, AZ 85298 is $685K as of June 2026, down 0.8% 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

$630K to $740K

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

-0.8% over 12 months

Typical home value in 85298 over the last 12 months: $690K in Jun 2025 to $685K in Jun 2026 (-0.8%).

Jun 2025$690K

Jun 2026$685K

The numbers

What is the 85298 housing market like?

Typical home value

$685K

Down0.8%YoY

Median list price

$762K

Days on market

55

Flat0.0%MoM

Homes for sale

195

Price cuts

34.9%

New listings

72

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

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The comparison

How do 85298 home prices compare?

  • 85298$684,787
  • 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

As of June 2026, there are 195 homes for sale in 85298, with 72 new listings added recently. The median list price sits at $762,499, while the typical home value is $684,787, down 0.8% over the past year. Homes are taking a median of 55 days to sell, and 34.9% of listings have had a price cut. For sellers, this points to a slower market where realistic pricing matters more than it did a year ago.

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