85297 Arizona Real Estate Market Trends & Home Values

85297

85297 Home Values & Market Trends

There are 1 homes currently listed for 85297. 85297 real estate market trends show that home prices range from $579,000 to $579,000, and the median sales price in the 85297 zip code is $590,451.45. The total number of properties sold within the past twelve months is 1,120. In 85297, 6 properties are in foreclosure, 0 are bank owned properties,and 6 are headed for auction.

85297 Real Estate Market Overview

City	Median Est. Value	City	Median Est. Value
Gilbert	$ 505,391 $ 281/sqft

City

Median Est. Value

City

Median Est. Value

Gilbert

$ 505,391

$ 281/sqft

Housing Market Summary for 85297

	Aug 2022	August 2023	Change
Median Listing Price	$630K	$570.5K	-9.44%
Median Sold Price	$648.5K	$570.5K	-12.03%
Homes For Sale	73	31	-57.53%
Homes Sold	647	485	-25.04%

Price

$/Sqft

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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Recently Sold Homes

Explore recent offers and recently sold homes in 85297

Recently Sold

$616,631

Sold Price

3 baths

2,352 sqft

6,579 sqft lot

4722 S Twinleaf Dr, Gilbert, AZ 85297

Recently Sold

$719,035

Sold Price

3 baths

2,971 sqft

10,800 sqft lot

3325 E Kimball Rd, Gilbert, AZ 85297

Recently Sold

$432,500

Sold Price

2 baths

1,253 sqft

6,270 sqft lot

3805 S Brighton Ln, Gilbert, AZ 85297

Browse Homes in 85297

The median list price of a home in Gilbert, is $590,451.45. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 14.29%. The total count of 85297 properties is 11,456.

Foreclosure

There is 1 cities within 85297; within this cities, the median estimated home value for homes in foreclosure ranges from $1,155,505 in Gilbert to the lowest value of $388,232 in Gilbert. Foreclosure homes account for 0.00% of properties in 85297 with Gilbert containing 45 foreclosures, the highest number of foreclosure properties in a single city.

Pre-Foreclosure
Pre-foreclosure homes account for 0% of all residential properties in 85297 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 85297; 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 85297 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 85297. There is 1 cities within 85297; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
Auctions
Gilbert has 43 auction properties, the highest number of properties going to auction in a single city in the state of 85297. Auction homes and other auction properties account for 0.05% of all properties in 85297. There is 1 cities within 85297; of that cities, the median estimated home value for homes going to auction ranges from $1,155,505 in Gilbert to the lowest value of $388,232 in Gilbert.

Homes for Sale

Homes and properties that are actively listed for sale account for 0.01% of residential properties in 85297 with Gilbert containing 15 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 85297; homes for sale in that cities, have a range of median values from $1,041,180 in Gilbert to the lowest value of $395,372 in Gilbert.

Sold Homes

The median value for recently sold homes ranges from $11,279,344 in Gilbert to the lowest price of $100,000 in Gilbert. There is 1 cities within 85297. Gilbert has 3687 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 4.28% of properties in 85297.

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