YOUR 85298 REAL ESTATE GUIDE
85298 Real Estate
Fresh 85298 home listings, updated every 10 minutes — plus a market report updated daily.
Market Overview
Key metrics tracking home prices, inventory, and sales velocity — as of September 25, 2026
| Metric | CurrentSep 2026 | YoYvs. Sep 2025 | 3-Mo AvgJun–Aug 2026 | |
|---|---|---|---|---|
| Current List Prices | ||||
| Median List Price | $749K | -5.1% | $748K | Sellers are pricing a bit lower year-over-year |
| Median Price per SqFt | $289 | -0.3% | $290 | List price per sq ft is holding steady year-over-year |
| Recent Sold Prices | ||||
| Median Sold Price | $674K | +3.7% | $710K | Sold prices are up from last year, but lower than the recent average |
| Median Price per SqFt | $297 | +8.0% | $290 | Buyers are paying a bit more per sq ft year-over-year and above the recent average |
| What Buyers Actually Paid | 98% | +0% | 99% | |
| Market Volume & Inventory | ||||
| Active Listings | 182 | +106.8% | 192 | Inventory is much higher than last year |
| Under Contract | 56 | +16.7% | 53 | |
| Sold Listings | 37 | -10.2% | 60 | |
| Speed of the Market | ||||
| Active Median Days on Market | 54 days | +38.5% | 63 days | |
| Sold Median Days on Market | 42 days | -39.1% | 35 days | |
| Months of Supply | 2.9 mo | +81.2% | –– |
Market Insights
Data-driven analysis of current conditions, market positioning, and notable trends
Market Conditions
As of Sep 25, 2026
2.9 months of supply
Key Takeaway
As of September 20, 202685298's single-family homes are selling faster and at stronger prices than a year ago, even as a surge in inventory has kept the market from tightening further.
Notable Trends & Anomalies
As of September 20, 2026- 85298's median sold price for homes rose 7.7% YoY to $699,950 from $650,000, while the median price per sqft climbed 9.8% to $302 from $275 — both outpacing Gilbert's single-family homes at $580,000 (up 1.8% YoY) and $280 per sqft (up 0.7% YoY).
- Homes are selling faster than a year ago: the median sold days on market fell 39.1% to 42 days from 69 days, even as the median active days listed rose 43.6% to 56 days — suggesting current listings are sitting longer while the homes that do go under contract are closing quickly.
- With 56 homes under contract representing 31% of 182 active listings, demand remains present; months of supply trend has held the market in a seller's market.
- Closed sales over the past three months totaled 181, compared to 187 in the prior three months, a -3.2% dip too modest to signal a directional shift in pace.
- Recent closings have skewed toward smaller homes than what's currently listed: the median sold price ($699,950) runs about 4.4% below the median active list price ($732,450), even as homes are closing at 98% of asking price — a mix-shift in which homes are transacting, not a pricing-power shift.
Year-Over-Year Comparison
As of September 20, 2026| Metric | Past 3 Months | Same Period Last Year | Change |
|---|---|---|---|
| Months of supply | 3.1 months | 1.5 months | + 1.6 months |
| Active listings | 199 | 92 | + 107 |
| Days on market for active listings | 61 days | 48 days | + 13 days |
| Total sold listings | 181 | 169 | + 12 |
| Days on market for sold listings | 33 days | 37 days | - 4 days |
Recent Market Trends
A 12-month view of median sold prices, new listings, and closed sales.
Median Sold Price – 12-Month Trend
New vs. Sold Listings – 12-Month Trend
Market History
Historical data comparing recent months and annual real estate trends — as of September 25, 2026
Recent Monthly Comparison
| Period | Median Sold Price | Median $/SqFt | Median DOM | Sold Price to List Price | Sold Price to Orig Price | Sold Listings |
|---|---|---|---|---|---|---|
| This Month (Sep 2026) | $674K | $297 | 42 days | 98% | 95% | 37 |
| 3 Months Prior (Jun 2026) | $740K | $297 | 28 days | 99% | 96% | 65 |
| 6 Months Prior (Mar 2026) | $699K | $308 | 29 days | 99% | 97% | 57 |
| 12 Months Prior (Sep 2025) | $650K | $275 | 69 days | 98% | 96% | 49 |
Year-End Summary
| Period | Median Sold Price | vs. Prior Year | Median $/SqFt | Median DOM | Sold Price to List Price | Sold Price to Orig Price | Sold Listings |
|---|---|---|---|---|---|---|---|
| 2026 YTD | $700K | +3.3% | $294 | 33 days | 98% | 96% | 492 |
| 2025 | $678K | -3.1% | $293 | 35 days | 99% | 97% | 618 |
| 2024 | $699K | +7.6% | $298 | 25 days | 99% | 97% | 617 |
| 2023 | $650K | -4.7% | $278 | 24 days | 99% | 96% | 648 |
| 2022 | $682K | +15.6% | $297 | 8 days | 100% | 98% | 700 |
Median Sold Price ― 12-Year Trend
Active Listings vs. Sold Listings ― 12-Year Trend
How 85298 Compares to Gilbert
Median price comparison — as of September 25, 2026
| 85298 | Gilbert | Difference | |
|---|---|---|---|
| $749K | $625K | +19.8% | Runs moderately above |
Brian Adamski, Realtor
Since 2007, Gilbert is one of the markets I know best.
I Protect Your Money Like It's My Own
About 85298
Benefits of Living in 85298
The 85298 area is loved for its south Gilbert lifestyle, where newer master-planned communities, wide streets, mountain views, and well-kept neighborhoods create a polished residential feel. It offers a quieter, more spacious side of Gilbert while still keeping residents close to shopping, dining, parks, schools, and major East Valley destinations.
One of the biggest draws of 85298 is the variety of highly regarded communities found throughout the area, including neighborhoods such as Seville, Adora Trails, The Bridges, Freeman Farms, and other south Gilbert subdivisions. These communities often feature amenities such as lakes, trails, greenbelts, playgrounds, community pools, clubhouses, golf, and thoughtfully planned neighborhood gathering spaces.
Families are especially drawn to 85298 for its highly rated schools, family-friendly atmosphere, and access to outdoor recreation. Gilbert Regional Park is a major nearby highlight, offering a large splash pad, playgrounds, sports areas, trails, ramadas, and open space for community events and everyday recreation. The area also provides convenient access to San Tan Mountain Regional Park, giving residents another option for hiking, desert scenery, and weekend outdoor activities.
For buyers who want newer neighborhoods, strong community amenities, highly rated schools, and a more relaxed south Gilbert setting, 85298 offers one of the area’s most appealing lifestyle combinations. It is a place where residents can enjoy modern suburban convenience, neighborhood pride, and easy access to the parks, trails, and open desert character that make this part of Gilbert so desirable.
Real Results from Real Clients
Trusted by hundreds of buyers and sellers
Brenda Zamora
Joe Gallo
