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Gilbert

Why you'd want to live in Gilbert

Gilbert is a town in Maricopa County, Arizona, United States, located southeast of Phoenix, within the Phoenix metropolitan area. Once known as the "Hay Shipping Capital of the World" Gilbert is currently the most populous incorporated town in the United States. It is the sixth-largest municipality in Arizona, and the fifth-largest in the Metropolitan Phoenix Area. Gilbert encompasses 76 square miles and has made a rapid transformation from an agriculture-based community to an economically diverse suburban center located in the southeast valley of the Greater Phoenix area. In the last three decades, Gilbert has grown at an extremely high rate, increasing in population from 5,717 in 1980 to 208,453 as of the 2010 census. The town grew at an average annual growth rate of nearly 13% during this 30-year period.

Gilbert Market Report

$862,599

AVERAGE PRICE OF 880 HOMES

$729,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,990,372

AVERAGE PRICE OF 151 MULTI-MILLION DOLLAR HOMES

$1,048,916

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$1,114,677

AVERAGE PRICE OF 399 HOMES WITH A POOL

$902,099

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

Average Home

Average Price $862,599
Avg Bedrooms 3.79 beds
Avg Bathrooms 2.96 baths

Average Price by Bedrooms

1 bedroom $339,000
2 bedrooms $446,326
3 bedrooms $574,384
4 bedrooms $827,690
5 bedrooms $1,219,449
Gilbert Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 804 776 715 676 625
Average Price $865,584 $849,202 $819,826 $798,956 $816,982
Avg Price Change +1.93% +3.58% +2.61% -2.26% +2.12%
Median Price $645,704 $637,946 $636,418 $638,486 $627,567
Med Price Change +1.22% +0.24% -0.32% +1.74% -0.01%
Avg Bedrooms 3.72 beds 3.67 beds 3.66 beds 3.67 beds 3.62 beds
Avg Bathrooms 2.95 baths 2.91 baths 2.88 baths 2.87 baths 2.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Williams Field High School 124 $809,669 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 880 $862,599 51 days
Distressed Homes 1 $729,000 19 days
Multi-Million Dollar Homes 151 $1,990,372 65 days
Newly Built Homes 64 $1,048,916 62 days
Homes with a Pool 399 $1,114,677 51 days
Reduced Price Homes 68 $902,099 48 days
JK Realty
Rome Towers
1760 E Pecos Rd, Suite 501
Gilbert, AZ 85295
480-733-8500
Michele Walker
Sr. Loan Originator
NMLS# 821145 | AZ MLO #0929746
BK 0018295 | Corp NMLS #2973
This is not a commitment to lend or extend credit.
michele.walker@wvmb.com
Phone: 573-355-7431
Fax: 480-393-1871

© 2024 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Kala Laos - JK Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. May 30, 2024
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