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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

$805,401

AVERAGE PRICE OF 643 HOMES

$499,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,850,544

AVERAGE PRICE OF 103 MULTI-MILLION DOLLAR HOMES

$1,012,450

AVERAGE PRICE OF 92 NEWLY BUILT HOMES

$985,370

AVERAGE PRICE OF 234 HOMES WITH A POOL

$672,081

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $805,401
Avg Bedrooms 3.61 beds
Avg Bathrooms 2.88 baths

Average Price by Bedrooms

1 bedroom $245,000
2 bedrooms $448,080
3 bedrooms $583,343
4 bedrooms $810,253
5 bedrooms $1,084,862
Gilbert Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 607 598 n/a n/a n/a
Average Price $771,040 $768,444 n/a n/a n/a
Avg Price Change +0.34% n/a n/a n/a n/a
Median Price $624,168 $627,590 n/a n/a n/a
Med Price Change -0.55% n/a n/a n/a n/a
Avg Bedrooms 3.6 beds 3.59 beds n/a n/a n/a
Avg Bathrooms 2.82 baths 2.83 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 75 $729,258 40 days
Highland High School 80 $1,016,837 40 days
Higley High School 69 $677,695 39 days
Mesquite High School 78 $635,496 39 days
Williams Field High School 96 $636,125 40 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 643 $805,401 41 days
Distressed Homes 1 $499,900 41 days
Multi-Million Dollar Homes 103 $1,850,544 48 days
Newly Built Homes 92 $1,012,450 48 days
Homes with a Pool 234 $985,370 39 days
Reduced Price Homes 38 $672,081 37 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

© 2023 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. November 29, 2023
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