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Gilbert, AZ 85295 Real Estate Market Report

ZIP Code: 85295
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
234
Active Listings
88
Sold Properties
146

Market Metrics

Median Listing Price
$587,500
Median Sold Price
$575,000
Median Price per Sqft
$262/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,842

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.35%

Liquidity & Velocity

Median Days on Market
207
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The most reliable indicator of recent transaction value is the $575,000 median sold price; given the down year-over-year price trend, sellers should expect modest price pressure when negotiating offers.

  2. There is a visible gap between the $587,500 median listing price and the $575,000 median sold price, which may indicate pricing friction—agents should counsel sellers to align list expectations with recent closed transactions to avoid extended marketing times.

  3. The 207 median days on market points to slower sales velocity and increased buyer leverage; this suggests pricing or condition concessions may be necessary to accelerate closings in the current environment.

  4. Supportive rental fundamentals — a $1,842 median market rent and an up rent year-over-year trend — combined with the elevated interest rate pressure suggest buy-to-rent demand could remain resilient, but financing headwinds will temper buyer affordability and transaction pace.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

630 E Pony Ln, Gilbert, AZ 85295
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds
5 baths
6,545 sqft
$3,200,000
Mar 1, 2026
$489/sqft/sqft
4217 days on market
140 E Pony Ln, Gilbert, AZ 85295
Premium

Sold above market average

4 beds
3.67 baths
3,281 sqft
$3,150,000
Apr 1, 2026
$960/sqft/sqft
269 days on market
609 E Mary Ct, Gilbert, AZ 85295
Premium

Sold above market average

- beds
4.67 baths
4,354 sqft
$2,051,893
Feb 1, 2026
$471/sqft/sqft
4222 E Cynthia St, Gilbert, AZ 85295
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
3 baths
1,962 sqft
$575,000
Feb 1, 2026
$293/sqft/sqft
113 days on market
4130 E Megan St, Gilbert, AZ 85295
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
3 baths
2,129 sqft
$575,000
Apr 1, 2026
$270/sqft/sqft
3620 days on market
2266 S Bahama Dr, Gilbert, AZ 85295
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2.67 baths
2,308 sqft
$575,000
Apr 1, 2026
$249/sqft/sqft
248 days on market
1910 E Emily Ln, Gilbert, AZ 85295
Premium

Sold above market average

2 beds
2.67 baths
1,065 sqft
$369,900
Apr 1, 2026
$347/sqft/sqft
211 days on market
1281 E Frances Ln, Gilbert, AZ 85295
Value

Sold below market average

2 beds
3.33 baths
1,615 sqft
$356,000
Apr 1, 2026
$220/sqft/sqft
210 days on market

Gilbert, AZ 85295 Real Estate Market Report

ZIP Code: 85295
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
154
Active Listings
8
Sold Properties
146

Market Metrics

Median Listing Price
$401,400
Median Sold Price
$425,000
Median Price per Sqft
$302/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,842

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.35%

Liquidity & Velocity

Median Days on Market
349
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's primary market signal is the median sold price of $425,000, which should be treated as the best indicator of recent market value and transaction activity; neutral market temperature suggests balanced conditions rather than a one-sided market.

  2. A comparison of the median listing price of $401,400 to the median sold price of $425,000 suggests sellers are achieving transaction prices at or above asking in some cohorts, which may indicate localized pricing friction and selective buyer competition; attention to listing-to-sale alignment is recommended when pricing new listings.

  3. The median days on market of 349 signals materially slower sales velocity and extended listing periods; combined with elevated interest rate pressure, this appears to give buyers more negotiation leverage and may lengthen transaction timelines.

  4. Rental fundamentals remain supportive with a median market rent of $1,842 and rent year-over-year trend up, which bolsters investor interest even as the price year-over-year trend is down, indicating caution for short-term price appreciation.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1696 E Bridgeport Pkwy, Gilbert, AZ 85295
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
3 baths
1,915 sqft
$525,000
Apr 1, 2026
$274/sqft/sqft
99 days on market
2754 S Harmony Ave, Gilbert, AZ 85295
Value

Sold below market average

3 beds
3 baths
2,166 sqft
$517,900
Apr 1, 2026
$239/sqft/sqft
72 days on market
2743 S Balsam Dr, Gilbert, AZ 85295
Value

Sold below market average

3 beds
3 baths
1,915 sqft
$490,000
Mar 1, 2026
$256/sqft/sqft
113 days on market
1733 E Bridgeport Pkwy, Gilbert, AZ 85295
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
3 baths
1,369 sqft
$420,000
Mar 1, 2026
$307/sqft/sqft
141 days on market
2772 S Catherine Dr Unit 102, Gilbert, AZ 85295
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2.67 baths
1,370 sqft
$420,000
Apr 1, 2026
$307/sqft/sqft
220 days on market
1734 E Hampton Ln, Gilbert, AZ 85295
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
3 baths
1,369 sqft
$419,500
Mar 1, 2026
$306/sqft/sqft
1035 days on market
2774 S Decatur Dr Unit 103, Gilbert, AZ 85295
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,096 sqft
$363,500
Apr 1, 2026
$332/sqft/sqft
109 days on market
2628 S Alpine Dr, Gilbert, AZ 85295
Value

Sold below market average

3 beds
3.33 baths
1,342 sqft
$355,000
Apr 1, 2026
$265/sqft/sqft
221 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,402/mo
85295 Avg Rent
85295 Cost to Own
Rent$1,842
Own$3,244

20% down, 6.5% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85295 Avg nightly rate
85295 Avg occupancy (days/year)
Nightly rate$190/night
Occupancy109 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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