Zip 85296 (Gilbert, AZ) Housing

Housing in 85296 Gilbert, AZ is significantly above the national median value for houses at $525,700. This is more than double that of the US median value of $338,100. The rate of appreciation for housing in 85296 Gilbert, AZ is also higher than the national average at 9.87%. This means that house prices have been increasing faster over the last year compared to other areas. Investing in housing in this area is an interesting prospect for potential buyers who are looking to take advantage of increasing prices.

The median home cost in Gilbert (zip 85296) is $525,700. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Gilbert (zip 85296) is up 21.6%.

Average Age of Homes

- The median age of Gilbert (zip 85296) real estate is 18 years old

The Rental Market in Gilbert (zip 85296)

- Renters make up 24.2% of the Gilbert (zip 85296) population
- 1.1% of houses and apartments in Gilbert (zip 85296), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gilbert, Arizona	United States
	17,160.0	139,647,020.0
	21	42
	$525,700	$338,100
	21.6%	16.6%
	91.8%	57.0%
	199.6%	101.1%
	$5.07	$10.98
	$1,846	$2,690
	69.9%	57.4%
	5.4%	11.2%
	24.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	0.6%	0.4%
	1.0%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.1%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.7%	11.3%
	2.5%	13.0%
	24.7%	20.1%
	32.9%	13.6%
	19.9%	8.3%
	12.9%	9.7%
	3.4%	3.9%
	1.3%	2.2%
	0.5%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	31.3%	13.6%
	31.3%	13.6%
	40.9%	13.6%
	5.7%	13.2%
	1.8%	14.8%
	40.9%	13.6%
	0.7%	10.0%
	0.0%	4.7%
	0.1%	12.2%

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