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Gilbert, AZ 85296 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Gilbert, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 4848PendingPending sales: 44
Gilbert, AZ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $585k$585kSoldMedian sold price (last 6 months): $571k$571k
What homes actually sell for in Gilbert, AZ
Distribution of 331 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $460k to $785k
$360k to $502k: 113 sales113sales$360k$502k to $645k: 70 sales$645k to $788k: 51 sales$645k$788k to $930k: 24 sales$930k to $1.07M: 19 sales$930k$1.07M to $1.22M: 15 sales$1.22M to $1.36M: 5 sales$1.22M$1.36M to $1.5M: 2 salesMedian $571k

What the numbers say

As of October 26, 2026, Resideline is tracking 48 active listings and 4 pending sales in ZIP code 85296. That pending-to-active ratio of 0.08 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $584,995, while the median of the 331 closed sales Resideline tracked over the last six months was $570,605. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 85296 for 95 days.

Frequently asked questions

What is the median home price in 85296?

The median closed sale price in Gilbert, AZ 85296 was $570,605 over the last six months, based on 331 closed sales tracked by Resideline. The middle half of those sales ranged from $460,000 to $785,000.

Is 85296 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 48 active listings in 85296, a pending-to-active ratio of 0.08. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 85296 is currently a typical-pace market.

Nearby ZIP code market data

Full Gilbert, AZ housing market report →

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