ELPIS REAL ESTATE BOUTIQUE'S Market Report
Gilbert, AZ 85297
Single-Family Homes
Elpis Real Estate Boutique | (480) 447-2199 | hello@elpisrealestate.com
Gilbert, AZ 85297
Tue Feb 24 2026
This week the median list price for Gilbert, AZ 85297 is $746,950 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has increased to 76.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $746,950 | |
| Median Price of New Listings | $632,450 | |
| Per Square Foot | $282 | |
| Average Days on Market | 120 | |
| Median Days on Market | 88 | |
| Price Decreased | 46% | |
| Price Increased | 1% | |
| Relisted | 12% | |
| Inventory | 76 | |
| Median Rent | ||
| Market Action | 38 | |
| Slight Seller's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $2,050,000 | 5,070 | 0.25 - 0.5 acre | 5 | 4.5 | 8 | 1 | 2 | 133 |
| $850,000 | 3,023 | 8,000 - 10,000 sqft | 5 | 3 | 19 | 1 | 0 | 84 |
| $645,000 | 2,400 | 6,500 - 8,000 sqft | 4 | 2.5 | 23 | 1 | 2 | 49 |
| $519,900 | 1,752 | 4,500 - 6,500 sqft | 3 | 2.5 | 22 | 3 | 2 | 70 |