Is Gilbert, AZ 85295 a buyer’s or seller’s market?

The Gilbert housing market right now

In the three months ending August 31, 2026, 9% of homes in Gilbert, AZ 85295 sold above their list price, the typical home went under contract in 54 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 147 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold faster (61 days then) and the median sale price rose 1% to $564,656. Overall, Gilbert is about as competitive as it was a year ago.

Within Maricopa County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Gilbert ranks #94 of 231 AZ ZIP codes with enough sales (score 30 out of 100).

Nearby, buyers who want less competition could look at Wickenburg 85390 (0% sold over asking) or Carefree 85377 (0% sold over asking), while Arlington 85322 (33% sold over asking) and Tolleson 85353 (32% sold over asking) are even more competitive.