the AZ market
Gilbert, AZ 85234
Single-Family Homes
Gilbert, AZ 85234
Fri Sep 04 2026
This week the median list price for Gilbert, AZ 85234 is $622,400 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 92.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $622,400 | |
| Median Price of New Listings | $655,000 | |
| Per Square Foot | $296 | |
| Average Days on Market | 76 | |
| Median Days on Market | 42 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 5% | |
| Inventory | 92 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,295,000 | 3,745 | 0.25 - 0.5 acre | 4 | 3.5 | 29 | 3 | 3 | 42 |
| $670,000 | 2,563 | 6,500 - 8,000 sqft | 4 | 2.5 | 29 | 7 | 2 | 28 |
| $550,000 | 1,978 | 4,500 - 6,500 sqft | 4 | 2 | 32 | 1 | 4 | 63 |
| $439,990 | 1,521 | 4,500 - 6,500 sqft | 3 | 2 | 32 | 3 | 7 | 35 |