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Gilbert

Why you'd want to live in Gilbert

Once known as the “Hay Shipping Capital of the World,” Gilbert, Arizona has evolved into one of the fastest growing communities and the largest town in the United States. Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban community. During the last three decades, Gilbert has seen tremendous growth, increasing in population from 5,717 in 1980 to more than 242,955 in 2015. Many recent accolades, including being named the 2nd Safest City and the 22nd Best Place to Live in the country, explain why so many want to live and do business in Gilbert. via gilbertaz.gov

Gilbert Market Report

$668,318

AVERAGE PRICE OF 885 HOMES

$395,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,590,347

AVERAGE PRICE OF 72 MULTI-MILLION DOLLAR HOMES

$778,433

AVERAGE PRICE OF 116 NEWLY BUILT HOMES

$822,845

AVERAGE PRICE OF 301 HOMES WITH A POOL

$659,427

AVERAGE PRICE OF 75 REDUCED PRICE HOMES

Average Home

Average Price $668,318
Avg Bedrooms 3.68 beds
Avg Bathrooms 2.69 baths

Average Price by Bedrooms

1 bedroom $279,500
2 bedrooms $462,719
3 bedrooms $534,554
4 bedrooms $705,495
5 bedrooms $975,849
Gilbert Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 812 873 1,087 1,187 1,234
Average Price $665,924 $671,018 $675,853 $681,825 $703,437
Avg Price Change -0.76% -0.72% -0.88% -3.17% -2.14%
Median Price $572,776 $574,963 $580,061 $587,869 $597,735
Med Price Change -0.38% -0.89% -1.35% -1.68% -0.36%
Avg Bedrooms 3.69 beds 3.69 beds 3.69 beds 3.67 beds 3.72 beds
Avg Bathrooms 2.68 baths 2.66 baths 2.65 baths 2.62 baths 2.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 104 $601,900 80 days
Highland High School 118 $703,982 63 days
Higley High School 93 $622,388 79 days
Mesquite High School 87 $561,400 79 days
Williams Field High School 150 $612,608 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 885 $668,318 85 days
Distressed Homes 1 $395,000 17 days
Multi-Million Dollar Homes 72 $1,590,347 91 days
Newly Built Homes 116 $778,433 117 days
Homes with a Pool 301 $822,845 73 days
Reduced Price Homes 75 $659,427 84 days
NextView Home Professionals | eXp Realty
2705 S Alma School Rd, Suite 2
Chandler, AZ 85286
480-281-3078




© 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 Tia Moore - NextView Home Professionals (Samantha Battles) 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 6, 2023
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