Zip Code: 85233 (Gilbert, Arizona) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 85233 Zip Code (Gilbert, Arizona) in February 2026 was $523,230.182. The month over month percentage change (MoM) was 0.23%, and the year over year percentage change (YoY) was -1.36%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 85233 zip code (Gilbert, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 85233 zip code (Gilbert, Arizona).

You can see similar information for other Arizona zip codes, and for Arizona.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 85233 (Gilbert, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 85233 (Gilbert, Arizona) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 242901.73962466404 0.17 2.29
Feb 2015 243776.87401847963 0.36 1.85
Mar 2015 245175.55046888025 0.57 1.54
Apr 2015 246834.4956682037 0.68 1.69
May 2015 248773.72659139824 0.79 2.20
Jun 2015 250690.91769253954 0.77 2.92
Jul 2015 252631.90181689733 0.77 3.79
Aug 2015 254493.94994715066 0.74 4.60
Sep 2015 256326.2181010689 0.72 5.37
Oct 2015 257800.71067448682 0.57 6.12
Nov 2015 259316.8852317269 0.59 6.84
Dec 2015 260888.80969067602 0.61 7.59
Jan 2016 263039.9992089069 0.83 8.29
Feb 2016 264858.2606724181 0.69 8.65
Mar 2016 266204.386277065 0.51 8.58
Apr 2016 267037.84429454023 0.31 8.19
May 2016 267955.4328524594 0.34 7.71
Jun 2016 268848.9894197499 0.33 7.24
Jul 2016 269651.6659132259 0.30 6.74
Aug 2016 270290.7356353057 0.24 6.21
Sep 2016 271115.71477318014 0.31 5.77
Oct 2016 272001.2666130534 0.33 5.51
Nov 2016 272952.0530851519 0.35 5.26
Dec 2016 274143.3041906031 0.44 5.08
Jan 2017 275499.26040117134 0.50 4.74
Feb 2017 277183.9003587834 0.61 4.65
Mar 2017 279045.6556167175 0.67 4.82
Apr 2017 280937.36565475474 0.68 5.21
May 2017 282558.2708649083 0.58 5.45
Jun 2017 283996.0576875279 0.51 5.63
Jul 2017 285308.44578668295 0.46 5.81
Aug 2017 286651.1894165751 0.47 6.05
Sep 2017 288169.49018462625 0.53 6.29
Oct 2017 289821.36387874646 0.57 6.55
Nov 2017 291246.5560030849 0.49 6.70
Dec 2017 292845.2504549273 0.55 6.82
Jan 2018 294900.7362601604 0.70 7.04
Feb 2018 297310.4873285682 0.82 7.26
Mar 2018 299456.62946346315 0.72 7.32
Apr 2018 301161.1188005245 0.57 7.20
May 2018 302929.5331714835 0.59 7.21
Jun 2018 304897.29252728 0.65 7.36
Jul 2018 307360.2709276957 0.81 7.73
Aug 2018 309746.97764818487 0.78 8.06
Sep 2018 311920.8150213329 0.70 8.24
Oct 2018 313730.15742796403 0.58 8.25
Nov 2018 315300.8878981122 0.50 8.26
Dec 2018 316759.09432166646 0.46 8.17
Jan 2019 318262.7227030522 0.48 7.92
Feb 2019 319927.4556715279 0.52 7.61
Mar 2019 321367.991026023 0.45 7.32
Apr 2019 322516.2110541615 0.36 7.09
May 2019 323173.3946429006 0.20 6.68
Jun 2019 323871.35218541726 0.22 6.22
Jul 2019 324621.7593921053 0.23 5.62
Aug 2019 325949.954406555 0.41 5.23
Sep 2019 327920.9823156644 0.61 5.13
Oct 2019 330219.47610485373 0.70 5.26
Nov 2019 332857.1916703501 0.80 5.57
Dec 2019 335379.97269693675 0.76 5.88
Jan 2020 338447.93755793944 0.92 6.34
Feb 2020 341990.939133809 1.05 6.90
Mar 2020 346210.61509466445 1.23 7.73
Apr 2020 350225.5641532512 1.16 8.59
May 2020 353024.29646639875 0.80 9.24
Jun 2020 355028.11805170425 0.57 9.62
Jul 2020 357025.11483210704 0.56 9.98
Aug 2020 360551.2781171473 0.99 10.62
Sep 2020 365806.6755683149 1.46 11.55
Oct 2020 372090.1148011272 1.72 12.68
Nov 2020 378768.5120290674 1.80 13.79
Dec 2020 385338.6136118283 1.74 14.90
Jan 2021 392187.30609624094 1.78 15.88
Feb 2021 399822.37613267667 1.95 16.91
Mar 2021 408701.00198295905 2.22 18.05
Apr 2021 418791.50085343624 2.47 19.58
May 2021 430564.3867944954 2.81 21.97
Jun 2021 443097.10874749365 2.91 24.81
Jul 2021 455326.05717940576 2.76 27.53
Aug 2021 465861.8790450177 2.31 29.21
Sep 2021 474898.31492423994 1.94 29.82
Oct 2021 482842.64853989775 1.67 29.77
Nov 2021 490426.3189206237 1.57 29.48
Dec 2021 497549.7055650425 1.45 29.12
Jan 2022 505497.17058378155 1.60 28.89
Feb 2022 514801.2192436534 1.84 28.76
Mar 2022 526311.7242976014 2.24 28.78
Apr 2022 539051.1658087499 2.42 28.72
May 2022 551882.9360610532 2.38 28.18
Jun 2022 562553.8510868504 1.93 26.96
Jul 2022 567538.5376252168 0.89 24.64
Aug 2022 565243.8822427235 -0.40 21.33
Sep 2022 557183.8447608397 -1.43 17.33
Oct 2022 547615.4301634586 -1.72 13.42
Nov 2022 537747.5696077263 -1.80 9.65
Dec 2022 528107.3743055833 -1.79 6.14
Jan 2023 519068.22081402317 -1.71 2.69
Feb 2023 511903.54237461486 -1.38 -0.56
Mar 2023 507709.3586855363 -0.82 -3.53
Apr 2023 505993.5689186512 -0.34 -6.13
May 2023 506720.39848945895 0.14 -8.18
Jun 2023 509058.66478914494 0.46 -9.51
Jul 2023 512541.80976724694 0.68 -9.69
Aug 2023 516409.4313511558 0.76 -8.64
Sep 2023 519884.7534624941 0.67 -6.69
Oct 2023 523031.80326672783 0.61 -4.49
Nov 2023 525790.3600968943 0.53 -2.22
Dec 2023 527643.7089725877 0.35 -0.09
Jan 2024 528794.016534357 0.22 1.87
Feb 2024 530458.1697447887 0.32 3.63
Mar 2024 533202.6326830963 0.52 5.02
Apr 2024 536548.0751703711 0.63 6.04
May 2024 539149.2494491005 0.49 6.40
Jun 2024 539994.227061893 0.16 6.08
Jul 2024 539416.4893787983 -0.11 5.24
Aug 2024 538029.5937751802 -0.26 4.19
Sep 2024 536816.0981131477 -0.23 3.26
Oct 2024 535743.3809052209 -0.20 2.43
Nov 2024 534654.6365464687 -0.20 1.69
Dec 2024 533596.8509530498 -0.20 1.13
Jan 2025 532362.120159687 -0.23 0.68
Feb 2025 530456.9837112321 -0.36 0.00
Mar 2025 528295.5282236554 -0.41 -0.92
Apr 2025 526547.8704806535 -0.33 -1.86
May 2025 525142.817400102 -0.27 -2.60
Jun 2025 523899.90102179995 -0.24 -2.98
Jul 2025 522483.97516201786 -0.27 -3.14
Aug 2025 521194.1703071347 -0.25 -3.13
Sep 2025 520057.5709999577 -0.22 -3.12
Oct 2025 519406.50729694305 -0.12 -3.05
Nov 2025 519507.11227047123 0.02 -2.83
Dec 2025 520710.7259119689 0.23 -2.41
Jan 2026 522018.90508009586 0.25 -1.94
Feb 2026 523230.18154276785 0.23 -1.36