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Updated May 2026 · Redfin · 3-month window

85297 Real Estate Market Update: Gilbert, AZ, May 2026

The latest housing-market numbers for ZIP code 85297 in Gilbert, Arizona, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 85297 · Gilbert, AZ · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$625K▼ -3.8%▼ -2.3%
Days on market48▲ +6.7%• 0.0%
Homes for sale161▲ +3.2%▲ +3.2%
Sale-to-list98.4%• 0.0%▲ +0.3%
Homes sold119▲ +20.2%▲ +13.3%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 85297 numbers say

The 85297 ZIP in Gilbert is cooling. The median sale price sits at $625,000, 2.3% below last year. Pace is steady: a typical listing goes under contract in about 48 days, with sellers getting 98.4% of list price.

Based on 119 recent sales, 85297 is currently an active market.

What this means if you sell in 85297

Use these figures to set expectations early. Lead a listing appointment with the median price and the 48-day pace, show the year-over-year direction, and frame 85297 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 85297 housing market

What is the median home price in ZIP 85297 (Gilbert, AZ)?
As of May 2026, the median sale price in ZIP 85297 is $625,000 (-2.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 85297 a buyer's or seller's market right now?
ZIP 85297 is currently an active market, based on a 98.4% sale-to-list ratio, about 48 days on market for May 2026.
How long do homes take to sell in ZIP 85297?
A typical listing in 85297 goes under contract in about 48 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 85297 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/az/zip/85297/" rel="dofollow">85297 Gilbert real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.