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GILBERT, AZ 85234

Real Estate Market Report  ·  Maricopa County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
117
⇩ 4.1% vs 122 last year
Pending
32
27% pending ratio
Median Price
$599,450
⇩ 3.5% vs $621,225 last year
Average Price
$781,610
⇩ 8.6% vs $855,526 last year
Days on Market
71
⇧ 1.4% vs 70 days last year

Market Context

Population: 49,466  ·  Density: 1,599.1/mi²  ·  Median household income: $110,735

Typical home value: $440,907  ·  Homeownership: 75.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GILBERT, AZ real estate market (85234) currently shows 117 active listings, with 32 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 71 days on market compared to 70 days last year.

The median listing price has fallen 3.5% year-over-year, from $621,225 to $599,450.

Whether you are buying or selling in GILBERT, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 117 this year vs 122 last year
  • Days on market: 71 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $599,450 (-3.5% YoY)
  • Average: $781,610 (-8.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.2 miles — 1,522 listings ($890,984,960 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85234Gilbert, AZ 852340.0 mi117$91,448,370$599,450$781,610
85206Mesa, AZ 852062.5 mi176$66,498,432$359,900$377,832
85295Gilbert, AZ 852954.0 mi143$114,470,070$552,500$800,490
85205Mesa, AZ 852054.8 mi152$79,073,592$369,000$520,221
85213Mesa, AZ 852136.0 mi94$65,955,758$583,963$701,657
85210Mesa, AZ 852106.2 mi64$23,658,816$342,500$369,669
85208Mesa, AZ 852086.7 mi121$47,699,773$380,000$394,213
85203Mesa, AZ 852037.0 mi69$42,653,799$525,000$618,171
85201Mesa, AZ 852017.9 mi82$31,522,850$349,000$384,425
85224Chandler, AZ 852248.4 mi96$48,756,960$459,900$507,885
85298Gilbert, AZ 852988.7 mi186$186,907,680$707,500$1,004,880
85120Apache Junction, AZ 8512010.3 mi158$64,374,572$399,900$407,434
85288Tempe, AZ 8528811.2 mi64$27,964,288$394,450$436,942

Frequently Asked Questions

How many homes are for sale in GILBERT, AZ 85234?

As of January 2026, there are 117 active listings in GILBERT, AZ (zip code 85234), compared to 122 the prior year.

What is the median home price in GILBERT, AZ 85234?

The median listing price in GILBERT, AZ 85234 is $599,450 as of January 2026, a 3.5% decrease from $621,225 the prior year.

How long do homes stay on the market in GILBERT, AZ?

Homes in GILBERT, AZ 85234 spend an average of 71 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in GILBERT, AZ 85234?

Based on current inventory and days-on-market data as of January 2026, GILBERT, AZ 85234 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 71 days on market compared to 70 days last year.

How much can I save on real estate commission in GILBERT, AZ?

With SELL123.com's maximum 3% commission, sellers in GILBERT, AZ 85234 save an estimated $11,989 compared to a typical 5% commission on the median listing price of $599,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.