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2026 February Gilbert AZ Housing Market Update

Gilbert AZ Real Estate Housing Market Update

Gilbert AZ Real Estate Housing Market Update

📈 February 2026 Gilbert AZ Housing Market Trends Report, Statistics and House Value

Here are 2026 February Gilbert AZ Housing Market Update for single family homes. Be sure to Contact Swee Ng Realtor®, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Gilbert AZ as 3/7/2026, provided by the FlexMLS system.

February 2026 Gilbert AZ Housing Market Highlight:
  • 2026 February number of new listings homes for sale in Gilbert AZ had increased about 11.4% from February 2025
  • February 2026 average sold price for single family home in Gilbert AZ is $697,885 that’s about 4.0% increased from a year ago
  • Gilbert AZ single family homes median sold price in February 2026 is $585,000 and had decreased about 0.8% from 2025 February
  • Almost all of single family homes sold in February 2026 are traditional sale (not foreclosures or short sales)
  • Most Expensive House Sold in Gilbert AZ in 2026 February was sold at $3,875,000

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Number of Single Family Homes Sold in February 2026

Based on February 2026 statistic, we saw 233 single family homes sold in Gilbert AZ. Compare to 210 from a year ago, that is about 11.0% increased of number of single family home sold from last year.

The Days on Market (DOM) for February 2026 is 69 days, compare to 71 in February 2025. It takes average about 69 days (Days on Market) to get your Gilbert AZ single family home sold in February 2026.

Gilbert AZ February 2026 Median Sold Price

Median sold price for Gilbert AZ single family homes in February 2026 in Gilbert AZ is $585,000. The median sold price in February 2025 is $590,000. Compare to a year ago, the median sold price for single family home in Gilbert had decreased about 0.8% from February 2025.

February2026 Median Sold Price in Gilbert was $585,000
View Homes for Sale in Gilbert Under $550,000

2026 February Gilbert AZ Average Sold Price

February 2026 Gilbert AZ single family homes average sold price is $697,885. Compare to $670,815 a year ago, the average sold price had increased about 4.0% from February 2025.

There are 21 millions dollar listings homes sold in February 2026.

February 2026 Average Sold Price in Gilbert is $697,885
View Homes for Sale in Gilbert Under $675,000

February 2026 Average Price Per Square Feet Gilbert AZ

February 2026 average sold price per square feet for single family homes in Gilbert is $297.00 per square feet, compare to $294.00 a year ago.

Average price per square feet in Gilbert is $297
View Homes for Sale in Gilbert Under $250 per square feet

2026 February Most Expensive Home Sold in Gilbert

The most expensive home sold in the Gilbert AZ in February 2026 is located in Gilbert zip code 85298, sold for $3,875,000. This 4,998 square feet home inside gated community sits on about 30,928 square feet lot features 4 bedrooms, 4 bathrooms, 4 car garage, private pool and RV garage.

💡 Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

2026 February Housing Market Report by Gilbert AZ zip code

Gilbert AZ zip code Median Sold Price Average Sold Price
Gilbert AZ 85233 $502,450 $541,073
Gilbert AZ 85234 $600,000 $668,984
Gilbert AZ 85295 $575,000 $676,173
Gilbert AZ 85296 $549,000 $701,786
Gilbert AZ 85297 $675,000 $778,300
Gilbert AZ 85298 $645,000 $780,621

Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zip code to zip code and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Now is a great time to explore the Gilbert market. There is a healthy selection of available homes, and working with a knowledgeable agent who understands local trends is essential. Interest rates remain favorable, but waiting too long could cost you. Well-priced homes are starting to sell within days of hitting the market, so it pays to be ready.

Wondering how much house I can afford?

Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Affordable Financing Options Available

Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Gilbert AZ with a low down payment.

Selling your home in Gilbert AZ

Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Gilbert AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What my Gilbert AZ Homes is worth?

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

New Listings in Last 24 Hours Gilbert AZ

Homes for Sale Gilbert AZ
Homes for Sale Under $200,000Homes for Sale $600,000 - $700,000
Homes for Sale $200,000 - $300,000Homes for Sale $700,000 - $800,000
Homes for Sale $300,000 - $400,000Homes for Sale $800,000 - $900,000
Homes for Sale $400,000 - $500,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $500,000 - $600,000Homes for Sale Over $1,000,000
New Construction HomesHomes with Private Pool
Single Story HomesWaterfront Homes
Golf Course Lot HomesGated Community Homes
Homes with Guest HouseNO HOA Homes
Just Reduced Price HomesRecently Sold Homes

Just Reduced Price Homes for Sale Gilbert AZ

We can help!
We would love the opportunity to help you for your real estate needs in Phoenix area! ☎️ Call or 📱 text us at 480-721-6253 today.

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