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Gilbert, Arizona · 85234 · Community

Carol Rae Ranch home prices & data

A single community, measured from recorded sales.

Carol Rae Ranch: $530K, 30 days to sell.

Carol Rae Ranch is a community of 916 homes in Gilbert (85234), built around 1996. The median sold price is $530K. Versus the 85234 ZIP median of $285/sqft, Carol Rae Ranch runs 2% below at $279/sqft.

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$530K
Median sold
$279
Per sqft
30 days
On market
100.0%
Sold to list
33%
Over list

203 single-family sales in Carol Rae Ranch since 2021. ARMLS data.

See what is for sale near Carol Rae RanchLive 85234 listings on cliffordsellsaz.com, updated continuously Browse listings

Where Carol Rae Ranch sits

The outlined area is the recorded plat for Carol Rae Ranch, from Maricopa County records. Streets stay visible so you can place it against the surrounding area. Map data from OpenStreetMap.

What sells in Carol Rae Ranch

2 beds or fewer1%
3 bedrooms39%
4 bedrooms46%
5+ bedrooms13%

Carol Rae Ranch price history

202220242026$552K

Median sold price by year, ARMLS single-family sales in Carol Rae Ranch.

Neighborhood profile: Carol Rae Ranch

Assigned schoolsElementary: Carol Rae Ranch, Highland · Middle: Highland Jr High, Highland · High: Highland High, Highland. Look up ratings at Arizona's school report cards.
HOA94% of homes are in an HOA (median $48/mo).
Homes & amenities63% have a private pool.
Assessor valueMedian full cash value $420,900 (county tax-roll estimate).

This community sits in ZIP 85234. See the full 85234 market report for tiers, the boundary map, and 26-year history.

Common questions about Carol Rae Ranch

What is the median home price in Carol Rae Ranch?

The median sold price in Carol Rae Ranch (Gilbert, 85234) is $530K, about $279 per square foot, from 203 sales since 2021 (ARMLS).

Does Carol Rae Ranch have an HOA?

94% of Carol Rae Ranch homes are in an HOA, with median dues around $48/month.

When was Carol Rae Ranch built?

Carol Rae Ranch homes were built around a median year of 1996. It has about 916 homes.

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Market Data by Clifford Wong, West USA Realty · v1.1 · Data through August 2026 · Updated August 25, 2026

Clifford Wong is licensed to sell real estate in Arizona by the Arizona Department of Real Estate · West USA Realty · AZ License SA699206000 · Equal Housing Opportunity

Sources: ARMLS sold records (2021 onward) and Maricopa County Assessor public records. Statistics reflect recorded single-family sales in the Carol Rae Ranch plat and may lag the market. Not an appraisal or investment advice. Clifford Wong, West USA Realty.