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Gilbert, AZ 85297 Real Estate & Property Data

Gilbert, AZ 85297 Real Estate Market Trends

Last Updated: August 30, 2025

A total of 542 residential properties have been sold over the past 12 months in 85297. With a median sales price of $648,250 in 85297 and a total of 4 foreclosures in Gilbert, AZ 85297. Discover market trends and get the granular level real estate data for Gilbert, AZ 85297 to keep your pulse on the housing market. Curate compelling home reports for Gilbert, AZ 85297 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 11,546

Total Commercial Properties 607

Avg. Home Age (Single Family Home) 19 Years

Avg. Square Feet (Single Family Home) 2,501

Total 2025 Residential Sales (year-to-date) 254

% of Homes Seriously Underwater (Q3 2025) 0.64%

Total 2024 Residential Sales 486

% of Equity Rich Homes (Q3 2025) 43.72%

Effective 2024 Property Tax 0.39%

Total Foreclosure Filings (year-to-date) 13

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Gilbert, AZ 85297 Real Estate Overview

There were 542 residential properties sold in the past year in Gilbert, AZ 85297. The median home value in Gilbert, AZ 85297 is $585,733. There are a total of 11,546 residential properties in the 85297.

Median Sales Price i

$648,250

(Jun 2025)

+3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $648,250
May '25 May '25 $604,990
April '25 Apr '25 $660,000
March '25 Mar '25 $647,650
February '25 Feb '25 $613,500
January '25 Jan '25 $545,000
December '24 Dec '24 $545,000
November '24 Nov '24 $610,000
October '24 Oct '24 $625,000
September '24 Sep '24 $555,250
August '24 Aug '24 $595,000
July '24 Jul '24 $620,000

Median Down Payment i

$131,800

(Jun 2025)

+18.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $131,800
May '25 May '25 $158,750
April '25 Apr '25 $112,625
March '25 Mar '25 $200,000
February '25 Feb '25 $115,125
January '25 Jan '25 $154,750
December '24 Dec '24 $91,949
November '24 Nov '24 $150,000
October '24 Oct '24 $97,500
September '24 Sep '24 $102,266
August '24 Aug '24 $114,000
July '24 Jul '24 $131,100

Number of Homes Sold i

(Jun 2025)

+20.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 47
May '25 May '25 59
April '25 Apr '25 37
March '25 Mar '25 44
February '25 Feb '25 40
January '25 Jan '25 27
December '24 Dec '24 43
November '24 Nov '24 42
October '24 Oct '24 42
September '24 Sep '24 32
August '24 Aug '24 51
July '24 Jul '24 39

Number of Purchase Loans i

(Jun 2025)

+56%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 39
May '25 May '25 48
April '25 Apr '25 25
March '25 Mar '25 34
February '25 Feb '25 29
January '25 Jan '25 19
December '24 Dec '24 27
November '24 Nov '24 33
October '24 Oct '24 38
September '24 Sep '24 33
August '24 Aug '24 37
July '24 Jul '24 34

Number of REFI Loans i

(Jun 2025)

-12%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 22
May '25 May '25 28
April '25 Apr '25 33
March '25 Mar '25 29
February '25 Feb '25 18
January '25 Jan '25 20
December '24 Dec '24 27
November '24 Nov '24 32
October '24 Oct '24 30
September '24 Sep '24 26
August '24 Aug '24 25
July '24 Jul '24 30

Number of HELOC Loans i

(Jun 2025)

+87.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 30
May '25 May '25 19
April '25 Apr '25 29
March '25 Mar '25 12
February '25 Feb '25 24
January '25 Jan '25 34
December '24 Dec '24 31
November '24 Nov '24 19
October '24 Oct '24 25
September '24 Sep '24 30
August '24 Aug '24 26
July '24 Jul '24 20

Gilbert, AZ 85297 Real Estate Market Overview

Last 30 days

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Gilbert, AZ 85297 Foreclosure Activity

There were a total of 4 Gilbert, AZ 85297 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 4 Gilbert, AZ 85297 properties and repossessed 1 Gilbert, AZ 85297 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

List Graph

1 year 3 years

5 years