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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

$847,458

AVERAGE PRICE OF 851 HOMES

$729,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,836,766

AVERAGE PRICE OF 154 MULTI-MILLION DOLLAR HOMES

$1,014,907

AVERAGE PRICE OF 66 NEWLY BUILT HOMES

$1,056,801

AVERAGE PRICE OF 386 HOMES WITH A POOL

$774,429

AVERAGE PRICE OF 83 REDUCED PRICE HOMES

Average Home

Average Price $847,458
Avg Bedrooms 3.78 beds
Avg Bathrooms 2.95 baths

Average Price by Bedrooms

1 bedroom $339,000
2 bedrooms $451,309
3 bedrooms $585,591
4 bedrooms $824,135
5 bedrooms $1,129,906
Gilbert Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 860 804 776 715 676
Average Price $857,832 $865,584 $849,202 $819,826 $798,956
Avg Price Change -0.90% +1.93% +3.58% +2.61% -2.26%
Median Price $650,624 $645,704 $637,946 $636,418 $638,486
Med Price Change +0.76% +1.22% +0.24% -0.32% +1.74%
Avg Bedrooms 3.76 beds 3.72 beds 3.67 beds 3.66 beds 3.67 beds
Avg Bathrooms 2.96 baths 2.95 baths 2.91 baths 2.88 baths 2.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Highland High School 121 $915,316 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 851 $847,458 50 days
Distressed Homes 1 $729,000 35 days
Multi-Million Dollar Homes 154 $1,836,766 61 days
Newly Built Homes 66 $1,014,907 63 days
Homes with a Pool 386 $1,056,801 48 days
Reduced Price Homes 83 $774,429 49 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. June 15, 2024
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