Home/Gilbert homes for sale/ZIP 85233

The short answer

As of October 31, 2026, there are 105 homes, condos, and townhomes listed for sale in Gilbert 85233, with a median list price of $587,000. Over the past 12 months, 401 homes sold at a median price of $510,000, or $284 per square foot, after a median of 44 days on market. Homes closed at a median of 98.96% of their final list price. With about 3.1 months of supply, the market is close to balanced.

Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes with a Gilbert address in ZIP 85233 in the MLS, as explained in the FAQ below.

The Gilbert 85233 market, by the numbers

Closed residential sales, October 31, 2025 to October 31, 2026.

401
Homes sold in the past 12 months
$510,000
Median sale price
$284
Median price per square foot
44 days
Median days on market
98.96%
Median sale to final list price
97.11%
Median sale to original list price
105
Homes for sale today
3.1
Months of supply
3%
Sales at $1 million or more
51%
Closed sales with a seller concession
$10,100
Median seller concession, sales that had one
77%
Listing success rate

Months of supply is today's 105 listings divided by the 12 month average of about 33 sales per month. 13 of the 401 sales closed at $1 million or more. Seller concessions are seller paid buyer costs, such as closing costs or a rate buydown, as reported on the closed MLS record. Listing success rate is the share of listings that left the market over the past 12 months that closed rather than being cancelled or expiring: 401 closed and 119 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.

Gilbert 85233 median sale price, 10 years

Yearly median sale price of closed residential sales, 2016 to 2026.

Gilbert 85233 median home sale price by year Line chart of the yearly median sale price from 2016 to 2026. The table below the chart lists every value. $0 $100K $200K $300K $400K $500K $600K $700K 2016: $260,000 median, 842 sales 2016 $260K 2017: $275,000 median, 863 sales 2017 2018: $298,125 median, 794 sales 2018 2019: $325,000 median, 778 sales 2019 2020: $357,000 median, 777 sales 2020 2021: $460,000 median, 739 sales 2021 2022: $531,500 median, 556 sales 2022 2023: $505,000 median, 424 sales 2023 2024: $539,000 median, 391 sales 2024 $539K 2025: $532,900 median, 473 sales 2025 2026 year to date: $505,000 median, 351 sales 2026 YTD $505K

The median sale price for homes with a Gilbert 85233 address went from $260,000 in 2016 to $532,900 in 2025, up 105%. The highest yearly median was $539,000 in 2024. So far this year, through October 31, 2026, the median is $505,000. A median is the middle sale of the year, so it moves with both prices and the mix of homes that sold. Ask us how values have changed for homes like yours.

See the yearly numbers
YearMedian sale priceHomes sold
2026 (through October 31, 2026)$505,000351
2025$532,900473
2024$539,000391
2023$505,000424
2022$531,500556
2021$460,000739
2020$357,000777
2019$325,000778
2018$298,125794
2017$275,000863
2016$260,000842

Source: ARMLS via Flexmls. Closed residential sales by calendar year, calculated by Arizona Luxury Partners.

What the numbers mean right now

Our read on the market, for buyers and for sellers.

Over the past 12 months, 401 homes with a Gilbert 85233 address sold, and 3% of them closed at $1 million or more. Today 105 are listed for sale, and 60 of those have already had a price change.

Pricing is where homes win or sit. 139 of last year's sales, or 35%, went under contract within 30 days, at about 99% of list price on average. 50, or 12%, took more than 120 days, and those closed at about 91% of their original list price on average.

If you are buying

  • The typical home sold about 3% below its original list price, so there is room to negotiate on homes that have been listed a while.
  • 51% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
  • Compare a home against recent sales in the same neighborhood and price range, not the whole ZIP code.
  • Get pre-approved first so you can act quickly when the right home comes up.

If you are selling

  • Your first month matters most. Homes that sold within 30 days closed at about 99% of list price on average.
  • Homes that sat more than 120 days closed at about 91% of their original list price, so pricing right at the start pays.
  • Price against recent sales in your own neighborhood, and show how your home compares on size, lot, and updates.
  • We can show you the exact sales we would use to price your home.

Get a Gilbert 85233 home value

About Gilbert 85233

How ZIP 85233 compares with the rest of Gilbert.

ZIP code 85233 is one of the 6 ZIP codes that make up nearly all Gilbert home sales in the MLS. Over the past 12 months it accounted for 401 of the 3,152 Gilbert home sales, or about 13%, at a median price of $510,000, below the Gilbert median of $580,000.

City
Gilbert, Arizona (MLS mailing city)
ZIP code
85233
Median home size sold
1,838 square feet over the past 12 months
Share of Gilbert sales
13% of the 3,152 closed sales over the past 12 months
Listings at $1 million or more
5 of 105 active listings
Listings with a price change
60 of 105 active listings

See all Gilbert homes for sale and city-wide market data

Gilbert 85233 homes we have helped clients buy and sell

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A collection of our sold properties

Other Gilbert ZIP codes

Compare Gilbert 85233 with the rest of Gilbert.

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Gilbert 85233 questions, answered

How much do homes cost in Gilbert 85233?

The median sale price was $510,000 for the 401 homes, condos, and townhomes with a Gilbert 85233 address that sold from October 31, 2025 to October 31, 2026, or $284 per square foot. Homes listed for sale on October 31, 2026 had a median list price of $587,000.

How many homes are for sale in Gilbert 85233 right now?

As of October 31, 2026, 105 homes, condos, and townhomes with a Gilbert 85233 address were listed for sale in the MLS. The search on this page updates continuously, so it always shows the current count.

How fast do homes sell in Gilbert 85233?

Homes that sold over the past 12 months spent a median of 44 days on the market and closed at a median of 98.96% of their final list price, or 97.11% of their original list price.

Is Gilbert 85233 a buyer's market or a seller's market?

With 105 listings today and about 33 sales a month over the past year, Gilbert 85233 has about 3.1 months of supply, which is close to balanced. Conditions vary a lot by price range and neighborhood, so ask us for the numbers on the homes you are considering.

How common are seller concessions in Gilbert 85233?

206 of the 401 closed sales, or 51%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. Among the sales that had one, the median concession was $10,100.

How many listings actually sell in Gilbert 85233?

Of the 520 listings that left the market over the past 12 months, 401 closed and 119 were cancelled or expired, a listing success rate of 77%. A listing that was cancelled and then relisted counts as cancelled.

How have Gilbert 85233 home prices changed over the past 10 years?

The median sale price for homes with a Gilbert 85233 address was $260,000 in 2016 and $532,900 in 2025, up 105%. The highest yearly median in that span was $539,000 in 2024. So far this year, through October 31, 2026, the median is $505,000.

How does this page define Gilbert 85233?

Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, whose MLS city is Gilbert and whose ZIP code is 85233. The MLS city is the mailing address city, which does not always match city limits. Figures were calculated by Arizona Luxury Partners from ARMLS data on October 31, 2026.

Thinking about Gilbert 85233?

Your vision, your home, our expertise.

Tell us what you are looking for and we will send new Gilbert 85233 listings that fit, along with the sales data behind each one. Our office is on Pima Road in north Scottsdale. White-glove service at every price point.

Your advisors

Kyle HermannAssociate Broker | Realtor®
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
Cheryl SolanoCRS® | Realtor®
480.518.0181
cheryl@azluxurypartners.com
License SA541911000
Meet Cheryl
Art BuckAssociate Broker | Realtor® | CCIM
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art

Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties

Sources

  1. ARMLS via Flexmls. Residential closed sales October 31, 2025 to October 31, 2026, and active listings on October 31, 2026, for listings whose MLS city is Gilbert and ZIP code is 85233. Medians and months of supply calculated by Arizona Luxury Partners.
  2. ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through October 31, 2026, for listings whose MLS city is Gilbert and ZIP code is 85233, used for the 10 year median sale price chart.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is provided by the Arizona Regional Multiple Listing Service and may not reflect all real estate activity in the market. ZIP code areas do not follow city limits or school boundaries, so confirm the city, HOA, and assigned schools for a specific address. This page is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Office 480.766.1515. Brokerage License LC629808000. Equal Housing Opportunity.