The housing market in 85295 Gilbert, AZ has been doing well over the last year. The median value of housing in this area is $531,100, which is significantly higher than the US median value of $338,100. The US house appreciation rate over the past year was 8.27%, but in Gilbert it was even higher at 9.87%. This shows that there has been a strong demand for housing in the area, and that prices are likely to continue to increase as more people look for homes there.
The median home cost in Gilbert (zip 85295) is $531,100. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Gilbert (zip 85295) is up 21.6%.
Average Age of Homes
- The median age of Gilbert (zip 85295) real estate is 12 years old
The Rental Market in Gilbert (zip 85295)
- Renters make up 30.9% of the Gilbert (zip 85295) population
- 0.6% of houses and apartments in Gilbert (zip 85295), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.