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Gilbert, Arizona · ZIP 85298
Gilbert 85298 homes for sale
Every active Gilbert 85298 listing, live from the MLS, with the numbers behind them.
The short answer
As of October 31, 2026, there are 202 homes, condos, and townhomes listed for sale in Gilbert 85298, with a median list price of $775,000. Over the past 12 months, 644 homes sold at a median price of $699,450, or $291 per square foot, after a median of 54.5 days on market. Homes closed at a median of 98.44% of their final list price. With about 3.8 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 85298 in the MLS, as explained in the FAQ below.
The Gilbert 85298 market, by the numbers
Closed residential sales, October 31, 2025 to October 31, 2026.
Months of supply is today's 202 listings divided by the 12 month average of about 54 sales per month. 119 of the 644 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: 644 closed and 238 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.
Gilbert 85298 median sale price, 10 years
Yearly median sale price of closed residential sales, 2016 to 2026.
The median sale price for homes with a Gilbert 85298 address went from $339,900 in 2016 to $679,450 in 2025, up 100%. The highest yearly median was $699,367 in 2024. So far this year, through October 31, 2026, the median is $700,000. 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
| Year | Median sale price | Homes sold |
|---|---|---|
| 2026 (through October 31, 2026) | $700,000 | 554 |
| 2025 | $679,450 | 620 |
| 2024 | $699,367 | 618 |
| 2023 | $649,638 | 648 |
| 2022 | $681,000 | 702 |
| 2021 | $587,500 | 922 |
| 2020 | $460,000 | 1,103 |
| 2019 | $407,500 | 977 |
| 2018 | $385,000 | 1,004 |
| 2017 | $365,000 | 935 |
| 2016 | $339,900 | 948 |
Source: ARMLS via Flexmls. Closed residential sales by calendar year, calculated by Arizona Luxury Partners.
Search Gilbert 85298 homes for sale
Updated continuously from the MLS. Filter, save, and tour any home.
What the numbers mean right now
Our read on the market, for buyers and for sellers.
Over the past 12 months, 644 homes with a Gilbert 85298 address sold, and 18% of them closed at $1 million or more. Today 202 are listed for sale, and 113 of those have already had a price change.
Pricing is where homes win or sit. 195 of last year's sales, or 30%, went under contract within 30 days, at about 99% of list price on average. 115, or 18%, took more than 120 days, and those closed at about 90% 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.
- 48% 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 90% 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.
About Gilbert 85298
How ZIP 85298 compares with the rest of Gilbert.
ZIP code 85298 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 644 of the 3,152 Gilbert home sales, or about 20%, at a median price of $699,450, above the Gilbert median of $580,000.
- City
- Gilbert, Arizona (MLS mailing city)
- ZIP code
- 85298
- Median home size sold
- 2,578 square feet over the past 12 months
- Share of Gilbert sales
- 20% of the 3,152 closed sales over the past 12 months
- Listings at $1 million or more
- 58 of 202 active listings
- Listings with a price change
- 113 of 202 active listings
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Gilbert 85298 questions, answered
How much do homes cost in Gilbert 85298?
The median sale price was $699,450 for the 644 homes, condos, and townhomes with a Gilbert 85298 address that sold from October 31, 2025 to October 31, 2026, or $291 per square foot. Homes listed for sale on October 31, 2026 had a median list price of $775,000.
How many homes are for sale in Gilbert 85298 right now?
As of October 31, 2026, 202 homes, condos, and townhomes with a Gilbert 85298 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 85298?
Homes that sold over the past 12 months spent a median of 54.5 days on the market and closed at a median of 98.44% of their final list price, or 96.71% of their original list price.
Is Gilbert 85298 a buyer's market or a seller's market?
With 202 listings today and about 54 sales a month over the past year, Gilbert 85298 has about 3.8 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 85298?
311 of the 644 closed sales, or 48%, 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 $11,600.
How many listings actually sell in Gilbert 85298?
Of the 882 listings that left the market over the past 12 months, 644 closed and 238 were cancelled or expired, a listing success rate of 73%. A listing that was cancelled and then relisted counts as cancelled.
How have Gilbert 85298 home prices changed over the past 10 years?
The median sale price for homes with a Gilbert 85298 address was $339,900 in 2016 and $679,450 in 2025, up 100%. The highest yearly median in that span was $699,367 in 2024. So far this year, through October 31, 2026, the median is $700,000.
How does this page define Gilbert 85298?
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 85298. 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 85298?
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Tell us what you are looking for and we will send new Gilbert 85298 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
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art
Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties
Sources
- 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 85298. Medians and months of supply calculated by Arizona Luxury Partners.
- 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 85298, 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.
