ELPIS REAL ESTATE BOUTIQUE'S Market Report

Gilbert, AZ 85296

Single-Family Homes

Elpis Real Estate Boutique | (480) 447-2199 | hello@elpisrealestate.com



Gilbert, AZ 85296

Tue Feb 24 2026
This week the median list price for Gilbert, AZ 85296 is $620,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 91. Click here to stay informed with the Gilbert market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Gilbert, AZ 85296

Tue Feb 24 2026
This week the median list price for Gilbert, AZ 85296 is $620,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 91. Click here to stay informed with the Gilbert market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Gilbert market.
Median List Price $620,000
Median Price of New Listings $639,900
Per Square Foot $282
Average Days on Market 80
Median Days on Market 35
Price Decreased 45%
Price Increased 0%
Relisted 8%
Inventory 91
Median Rent
Market Action 43
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,069,000 3,446 8,000 - 10,000 sqft 4 3 18 6 7 70
$665,500 2,416 6,500 - 8,000 sqft 4 3 28 1 3 56
$520,000 2,015 4,500 - 6,500 sqft 3 2.5 27 3 3 28
$441,950 1,520 0 - 4,500 sqft 3 2.5 23 4 2 31