Data as of February 2026. Source: Realtor.com.
The GILBERT, AZ real estate market (85297) currently shows 126 active listings, with 40 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 62 days on market compared to 40 days last year.
The median listing price has fallen 2.6% year-over-year, from $725,000 to $706,200.
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.
Population: 34,212 · Density: 1,231.2/mi² · Median household income: $129,508
Typical home value: $477,022 · Homeownership: 78.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85297 | Gilbert, AZ 85297 | 0.0 mi | 111 | $113,560,659 | $677,500 | $1,023,069 |
| 85298 | Gilbert, AZ 85298 | 2.7 mi | 186 | $186,907,680 | $707,500 | $1,004,880 |
| 85249 | Chandler, AZ 85249 | 5.1 mi | 223 | $173,795,050 | $672,450 | $779,350 |
| 85234 | Gilbert, AZ 85234 | 6.0 mi | 117 | $91,448,370 | $599,450 | $781,610 |
| 85233 | Gilbert, AZ 85233 | 6.7 mi | 110 | $63,835,200 | $532,500 | $580,320 |
| 85142 | Queen Creek, AZ 85142 | 7.2 mi | 379 | $376,227,236 | $740,000 | $992,684 |
| 85224 | Chandler, AZ 85224 | 8.7 mi | 96 | $48,756,960 | $459,900 | $507,885 |
| 85248 | Chandler, AZ 85248 | 8.7 mi | 335 | $200,573,880 | $515,000 | $598,728 |
| 85210 | Mesa, AZ 85210 | 9.9 mi | 64 | $23,658,816 | $342,500 | $369,669 |
| 85205 | Mesa, AZ 85205 | 10.7 mi | 152 | $79,073,592 | $369,000 | $520,221 |
| 85213 | Mesa, AZ 85213 | 11.8 mi | 94 | $65,955,758 | $583,963 | $701,657 |
| 85226 | Chandler, AZ 85226 | 12.2 mi | 87 | $45,781,836 | $507,500 | $526,228 |
| 85203 | Mesa, AZ 85203 | 12.5 mi | 69 | $42,653,799 | $525,000 | $618,171 |
As of February 2026, there are 126 active listings in GILBERT, AZ (zip code 85297), compared to 121 the prior year.
The median listing price in GILBERT, AZ 85297 is $706,200 as of February 2026, a 2.6% decrease from $725,000 the prior year.
Homes in GILBERT, AZ 85297 spend an average of 62 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of February 2026, GILBERT, AZ 85297 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in GILBERT, AZ 85297 save an estimated $14,124 compared to a typical 5% commission on the median listing price of $706,200. 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.