Gilbert, AZ 85297 Real Estate & Property Data

Gilbert, AZ 85297 Real Estate Market Trends
Last Updated: April 25, 2024

A total of 566 residential properties have been sold over the past 12 months in 85297. With a median sales price of $639,900 in 85297 and a total of 1 foreclosures in Gilbert, AZ 85297. Discover market trends and get the granular level real estate data for Gilbert, AZ 85297 to keep your pulse on the housing market. Curate compelling home reports for Gilbert, AZ 85297 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Gilbert, AZ 85297 Real Estate Market Trends
Total Residential Properties 11,508
Total Commercial Properties 543
Avg. Home Age (Single Family Home) 18 Years
Avg. Square Feet (Single Family Home) 2,500
Total 2024 Residential Sales (year-to-date) 69
% of Homes Seriously Underwater (Q2 2024) 0.54%
Total 2023 Residential Sales 515
% of Equity Rich Homes (Q2 2024) 47.95%
Effective 2023 Property Tax 0.39%
Total Foreclosure Filings (year-to-date) 3
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Gilbert, AZ 85297 Real Estate Overview

There were 566 residential properties sold in the past year in Gilbert, AZ 85297. The median home value in Gilbert, AZ 85297 is $601,562. There are a total of 11,508 residential properties in the 85297.

Median Sales Price i
$639,900
(Feb 2024)
+17.4%
year-over-year
y-o-y
  • February '24 Feb '24 $639,900
  • January '24 Jan '24 $643,000
  • December '23 Dec '23 $740,000
  • November '23 Nov '23 $667,500
  • October '23 Oct '23 $546,000
  • September '23 Sep '23 $630,000
  • August '23 Aug '23 $572,500
  • July '23 Jul '23 $539,000
  • June '23 Jun '23 $622,500
  • May '23 May '23 $567,500
  • April '23 Apr '23 $520,500
  • March '23 Mar '23 $559,000
Median Down Payment i
$117,250
(Feb 2024)
+53.3%
year-over-year
y-o-y
  • February '24 Feb '24 $117,250
  • January '24 Jan '24 $124,500
  • December '23 Dec '23 $114,500
  • November '23 Nov '23 $187,000
  • October '23 Oct '23 $98,600
  • September '23 Sep '23 $130,000
  • August '23 Aug '23 $113,615
  • July '23 Jul '23 $99,300
  • June '23 Jun '23 $120,000
  • May '23 May '23 $100,000
  • April '23 Apr '23 $102,000
  • March '23 Mar '23 $96,200
Number of Homes Sold i
34
(Feb 2024)
-15%
year-over-year
y-o-y
  • February '24 Feb '24 34
  • January '24 Jan '24 35
  • December '23 Dec '23 30
  • November '23 Nov '23 28
  • October '23 Oct '23 36
  • September '23 Sep '23 45
  • August '23 Aug '23 41
  • July '23 Jul '23 54
  • June '23 Jun '23 70
  • May '23 May '23 56
  • April '23 Apr '23 45
  • March '23 Mar '23 52
Number of Purchase Loans i
24
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 22
  • December '23 Dec '23 15
  • November '23 Nov '23 19
  • October '23 Oct '23 31
  • September '23 Sep '23 29
  • August '23 Aug '23 28
  • July '23 Jul '23 40
  • June '23 Jun '23 58
  • May '23 May '23 37
  • April '23 Apr '23 34
  • March '23 Mar '23 40
Number of REFI Loans i
22
(Feb 2024)
+120%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 16
  • December '23 Dec '23 17
  • November '23 Nov '23 11
  • October '23 Oct '23 24
  • September '23 Sep '23 14
  • August '23 Aug '23 28
  • July '23 Jul '23 17
  • June '23 Jun '23 18
  • May '23 May '23 25
  • April '23 Apr '23 15
  • March '23 Mar '23 24
Number of HELOC Loans i
17
(Feb 2024)
-15%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 13
  • December '23 Dec '23 8
  • November '23 Nov '23 19
  • October '23 Oct '23 24
  • September '23 Sep '23 22
  • August '23 Aug '23 20
  • July '23 Jul '23 17
  • June '23 Jun '23 10
  • May '23 May '23 24
  • April '23 Apr '23 23
  • March '23 Mar '23 21

Gilbert, AZ 85297 Foreclosure Activity

There were a total of 1 Gilbert, AZ 85297 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 1
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