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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

$841,137

AVERAGE PRICE OF 735 HOMES

$2,061,294

AVERAGE PRICE OF 113 MULTI-MILLION DOLLAR HOMES

$1,056,539

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$1,068,102

AVERAGE PRICE OF 291 HOMES WITH A POOL

$902,494

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $841,137
Avg Bedrooms 3.67 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $247,000
2 bedrooms $478,494
3 bedrooms $566,445
4 bedrooms $843,235
5 bedrooms $1,226,437
Gilbert Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 676 625 643 607 598
Average Price $798,956 $816,982 $800,042 $771,040 $768,444
Avg Price Change -2.26% +2.12% +3.76% +0.34% n/a
Median Price $638,486 $627,567 $627,602 $624,168 $627,590
Med Price Change +1.74% -0.01% +0.55% -0.55% n/a
Avg Bedrooms 3.67 beds 3.62 beds 3.6 beds 3.6 beds 3.59 beds
Avg Bathrooms 2.87 baths 2.87 baths 2.86 baths 2.82 baths 2.83 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Williams Field High School 111 $723,773 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 735 $841,137 53 days
Multi-Million Dollar Homes 113 $2,061,294 68 days
Newly Built Homes 69 $1,056,539 83 days
Homes with a Pool 291 $1,068,102 52 days
Reduced Price Homes 48 $902,494 44 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. February 29, 2024
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