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GILBERT, AZ 85296

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The GILBERT, AZ real estate market (85296) currently shows 157 active listings, with 53 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 44 days last year.

The median listing price has fallen 8.6% year-over-year, from $647,475 to $592,000.

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 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
157
⇧ 9% vs 144 last year
Pending
53
34% pending ratio
Median Price
$592,000
⇩ 8.6% vs $647,475 last year
Average Price
$733,728
⇩ 7.4% vs $792,322 last year
Days on Market
40
⇩ 9.1% vs 44 days last year

Price Per Square Foot

Median $/sqft
$285
⇩ 3.1% vs $294/sqft last year
Median Home Size
2,159 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 157 this year vs 144 last year
  • Days on market: 40 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $592,000 (-8.6% YoY)
  • Average: $733,728 (-7.4% 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 — 2,197 listings ($1,430,307,466 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85296Gilbert, AZ 852960.0 mi155$117,016,320$599,999$754,944
85234Gilbert, AZ 852342.0 mi117$91,448,370$599,450$781,610
85233Gilbert, AZ 852334.3 mi110$63,835,200$532,500$580,320
85204Mesa, AZ 852045.0 mi81$34,968,996$415,000$431,716
85212Mesa, AZ 852126.4 mi280$176,367,520$595,000$629,884
85209Mesa, AZ 852096.8 mi225$99,422,775$434,000$441,879
85286Chandler, AZ 852866.9 mi120$86,932,560$645,000$724,438
85208Mesa, AZ 852087.8 mi121$47,699,773$380,000$394,213
85213Mesa, AZ 852137.9 mi94$65,955,758$583,963$701,657
85202Mesa, AZ 852028.4 mi98$38,336,228$334,777$391,186
85201Mesa, AZ 852019.3 mi82$31,522,850$349,000$384,425
85142Queen Creek, AZ 8514210.7 mi379$376,227,236$740,000$992,684
85248Chandler, AZ 8524811.1 mi335$200,573,880$515,000$598,728

Frequently Asked Questions

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

As of February 2026, there are 157 active listings in GILBERT, AZ (zip code 85296), compared to 144 the prior year.

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

The median listing price in GILBERT, AZ 85296 is $592,000 as of February 2026, a 8.6% decrease from $647,475 the prior year.

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

Homes in GILBERT, AZ 85296 spend an average of 40 days on the market before going under contract, compared to 44 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 February 2026, GILBERT, AZ 85296 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 44 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 $11,840 compared to a typical 5% commission on the median listing price of $592,000. 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.