The story of this market
The typical home in ZIP 85296 sells for about $549,000, or $276 per square foot.
Prices are roughly flat from a year ago (+1%), a market in balance. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $2,290 a month.
ZIP 85296 — Gilbert
The 85296 housing market remains competitive with a median sale price of $549,000 and a year-over-year increase of 1.0%. Demand is supported by the area's reputation for top-rated schools and low crime, though inventory remains tight compared to neighboring regions. Figures for rent, income, and specific utility providers were not available at the ZIP level.
This area is well-suited for family buyers seeking top-rated schools and a suburban environment with small-town character.
Median prices moved up 1.0% year over year.
Homes spend a median of 49 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 85296, Gilbert AZ
Gilbert is reported to have the lowest crime rate of any U.S. city with over 200,000 residents according to FBI data.
The area is served by top-rated public schools across both Gilbert Public Schools and Higley Unified.
Gilbert has experienced significant growth from a small farming town to a full-service suburb, with intentional planning and ongoing development in the south and southeast sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
The area features a walkable Heritage District downtown with restaurants and shops, alongside access to local parks and trails.
The local economy is supported by a mix of residential services and retail, with the broader Gilbert area functioning as a full-service suburb of the Phoenix-Mesa-Chandler metropolitan area.
Development is focused on intentional planning in the south and southeast portions of the city.
The area is served by Gilbert Public Schools and Higley Unified School District.
Data retrieved from Census Reporter and U.S. Census Bureau ZCTA profiles.
- Great Wolf Lodge | Arizona4.216.9 mi
- Arizona Grand Resort & Spa4.313.7 mi
- Salt River Tubing4.716.3 mi
- Pecan Lake Entertainment4.29.7 mi
- Andretti Indoor Karting and Games Chandler4.35.5 mi
- Desert Botanical Garden4.814.8 mi
- Casino Arizona4.111.9 mi
- Arizona Grand Resort & Spa4.313.7 mi
- We-Ko-Pa Casino Resort4.217.4 mi
- ASU Gammage4.612.8 mi
- Casino Arizona4.111.9 mi
- Queen Creek Olive Mill4.611.9 mi
- Riparian Preserve at Water Ranch4.82.1 mi
- Pecan Lake Entertainment4.29.7 mi
- Arizona Museum of Natural History4.77.9 mi
- Desert Botanical Garden4.814.8 mi
- Hole in the Rock4.714.6 mi
- McCormick-Stillman Railroad Park4.817.6 mi
- Taliesin West4.619.8 mi
- Arizona Museum of Natural History4.77.9 mi
- Riparian Preserve at Water Ranch4.82.1 mi
- Gilbert Regional Park4.85.4 mi
- Frontier Family Park4.69 mi
- Freestone District Park4.72.4 mi
- Desert Breeze Park4.710.6 mi
- Topgolf Gilbert4.51 mi
- Dobson Ranch Golf Course4.68.5 mi
- Ocotillo Golf Club4.49.6 mi
- Westgate Painted Mountain Golf Resort4.18.5 mi
- Longbow Golf Club4.59.6 mi
- Chandler Fashion Center4.59.5 mi
- Tempe Marketplace4.611.6 mi
- Lee Lee International Supermarkets4.57.9 mi
- SanTan Village4.51.6 mi
- Phoenix Sky Harbor International Airport4.317.2 mi
- Mesa Gateway Airport4.45.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A walkable downtown area with restaurants and shops that maintains a small-town feel.
A master-planned community in southeast Gilbert.
A notable mixed-use development featuring agricultural elements.
A large residential development area in Gilbert.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).