Is Gilbert, AZ 85297 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Gilbert is a seller’s market. With about 3.4 months of supply and 6% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.4Under 4 months = seller’s market

Sold above original list5.5%Share of sales, last 3 months

Median sale-to-list97.8%Sold price ÷ list price

Median days on market59Listing to accepted offer

Median price per sq ft$271▼ −1.7% vs. last year

Run the numbers for 85297

Prefilled for 85297Can I win this house?Multiple-offer likelihood for a listing Prefilled for 85297Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aguila 85320 $167 /sq ft Arlington 85322Buyer’s market $241 /sq ft Avondale 85323Balanced $219 /sq ft Avondale 85392Seller’s market $220 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology