85233 Home Values & Market Trends

There are 744 homes currently listed for 85233. 85233 real estate market trends show that home prices range from $164,500 to $2,150,000, and the median sales price in the 85233 zip code is $534,817. The total number of properties sold within the past twelve months is 586. In 85233, 12 properties are in foreclosure, 2 are bank owned properties,and 10 are headed for auction.

85233 Real Estate Market Overview

CityMedian Est. Value
Gilbert

$ 581,089

$ 280/sqft

Housing Market Summary for 85233

Oct 2025October 2026Change
Median Listing Price$549.3K$568.4K3.50%
Median Sold Price$540.4K$534K-1.19%
Homes For Sale53574439.07%
Homes Sold265224-15.47%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 85233

The median list price of a home in Gilbert, is $534,817. A total of 744 properties are for sale, and the percentage of properties for sale in the zip code is 744.00%. The total count of 85233 properties is 992.

Foreclosure
There is 1 cities within 85233; within this cities, the median estimated home value for homes in foreclosure ranges from $2,300,000 in gilbert to the lowest value of $209,974 in gilbert. Foreclosure homes account for 1.00% of properties in 85233 with gilbert containing 91 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 85233 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 85233; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 85233 ranges from the highest value of $1,594,000 in gilbert to the lowest value of $359,900 in gilbert. Bank owned homes and properties account for 0.20% of properties in 85233. There is 1 cities within 85233; gilbert containing 13 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    gilbert has 78 auction properties, the highest number of properties going to auction in a single city in the state of 85233. Auction homes and other auction properties account for 1.01% of all properties in 85233. There is 1 cities within 85233; of that cities, the median estimated home value for homes going to auction ranges from $2,300,000 in gilbert to the lowest value of $209,974 in gilbert.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.00% of residential properties in 85233 with gilbert containing 5812 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 85233; homes for sale in that cities, have a range of median values from $8,950,000 in gilbert to the lowest value of $208,400 in gilbert.
    Sold Homes
    The median value for recently sold homes ranges from $4,438,704 in gilbert to the lowest price of $237,601 in gilbert. There is 1 cities within 85233. gilbert has 1351 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 22.58% of properties in 85233.

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      Guide for 85233

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.