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GILBERT, AZ 85296

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

Market Analysis

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

The GILBERT, AZ real estate market (85296) currently shows 201 active listings, with 48 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51 days on market compared to 58 days last year.

The median listing price has fallen 4.6% year-over-year, from $600,000 to $572,500.

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Market Context

Market Context

Population: 50,570  ·  Density: 1,673.3/mi²  ·  Median household income: $112,832

Typical home value: $436,228  ·  Homeownership: 73.4%

Market Overview

Active Listings
201
⇧ 3.1% vs 195 last year
Pending
48
24% pending ratio
Median Price
$572,500
⇩ 4.6% vs $600,000 last year
Average Price
$738,472
⇩ 7.2% vs $795,465 last year
Days on Market
51
⇩ 12.1% vs 58 days last year

Price Per Square Foot

Median $/sqft
$289
⇩ 4.3% vs $302/sqft last year
Median Home Size
2,143 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 201 this year vs 195 last year
  • Days on market: 51 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $572,500 (-4.6% YoY)
  • Average: $738,472 (-7.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.1 miles — 2,498 listings ($1,644,608,480 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85296Gilbert, AZ 852960.0 mi157$115,195,296$592,000$733,728
85234Gilbert, AZ 852342.0 mi141$114,416,565$591,250$811,465
85233Gilbert, AZ 852334.3 mi129$73,857,015$526,324$572,535
85204Mesa, AZ 852045.0 mi86$39,416,552$429,950$458,332
85212Mesa, AZ 852126.4 mi304$199,268,352$604,975$655,488
85209Mesa, AZ 852096.8 mi256$114,381,312$441,000$446,802
85286Chandler, AZ 852866.9 mi161$115,480,470$651,200$717,270
85208Mesa, AZ 852087.8 mi142$55,730,172$377,473$392,466
85213Mesa, AZ 852137.9 mi96$66,874,080$587,500$696,605
85202Mesa, AZ 852028.4 mi118$45,716,386$322,200$387,427
85201Mesa, AZ 852019.3 mi85$31,368,060$306,000$369,036
85142Queen Creek, AZ 8514210.7 mi453$435,582,150$725,000$961,550
85248Chandler, AZ 8524811.1 mi370$237,322,070$525,000$641,411

Frequently Asked Questions

How many homes are for sale in GILBERT, AZ 85296?

As of September 2026, there are 201 active listings in GILBERT, AZ (zip code 85296), compared to 195 the prior year.

What is the median home price in GILBERT, AZ 85296?

The median listing price in GILBERT, AZ 85296 is $572,500 as of September 2026, a 4.6% decrease from $600,000 the prior year.

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

Homes in GILBERT, AZ 85296 spend an average of 51 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in GILBERT, AZ 85296?

Based on current inventory and days-on-market data as of September 2026, GILBERT, AZ 85296 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 58 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 85296 save an estimated $11,450 compared to a typical 5% commission on the median listing price of $572,500. 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.