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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

$869,944

AVERAGE PRICE OF 792 HOMES

$1,962,035

AVERAGE PRICE OF 145 MULTI-MILLION DOLLAR HOMES

$1,118,873

AVERAGE PRICE OF 50 NEWLY BUILT HOMES

$1,104,276

AVERAGE PRICE OF 366 HOMES WITH A POOL

$854,702

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $869,944
Avg Bedrooms 3.72 beds
Avg Bathrooms 2.96 baths

Average Price by Bedrooms

1 bedroom $339,000
2 bedrooms $467,038
3 bedrooms $573,115
4 bedrooms $831,160
5 bedrooms $1,328,512
Gilbert Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 776 715 676 625 643
Average Price $849,202 $819,826 $798,956 $816,982 $800,042
Avg Price Change +3.58% +2.61% -2.26% +2.12% +3.76%
Median Price $637,946 $636,418 $638,486 $627,567 $627,602
Med Price Change +0.24% -0.32% +1.74% -0.01% +0.55%
Avg Bedrooms 3.67 beds 3.66 beds 3.67 beds 3.62 beds 3.6 beds
Avg Bathrooms 2.91 baths 2.88 baths 2.87 baths 2.87 baths 2.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Williams Field High School 120 $762,279 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 792 $869,944 52 days
Multi-Million Dollar Homes 145 $1,962,035 59 days
Newly Built Homes 50 $1,118,873 85 days
Homes with a Pool 366 $1,104,276 48 days
Reduced Price Homes 49 $854,702 60 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. April 19, 2024
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