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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. via gilbertaz.gov

Gilbert Market Report

$690,929

AVERAGE PRICE OF 797 HOMES

$695,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,585,654

AVERAGE PRICE OF 76 MULTI-MILLION DOLLAR HOMES

$739,350

AVERAGE PRICE OF 119 NEWLY BUILT HOMES

$857,662

AVERAGE PRICE OF 307 HOMES WITH A POOL

$715,233

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $690,929
Avg Bedrooms 3.69 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

1 bedroom $272,500
2 bedrooms $439,874
3 bedrooms $546,346
4 bedrooms $730,053
5 bedrooms $971,200
Gilbert Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 881 812 873 1,087 1,187
Average Price $674,771 $665,924 $671,018 $675,853 $681,825
Avg Price Change +1.33% -0.76% -0.72% -0.88% -3.17%
Median Price $572,300 $572,776 $574,963 $580,061 $587,869
Med Price Change -0.08% -0.38% -0.89% -1.35% -1.68%
Avg Bedrooms 3.67 beds 3.69 beds 3.69 beds 3.69 beds 3.67 beds
Avg Bathrooms 2.7 baths 2.68 baths 2.66 baths 2.65 baths 2.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 94 $661,340 68 days
Highland High School 115 $741,607 61 days
Higley High School 77 $699,283 71 days
Mesquite High School 85 $591,044 65 days
Williams Field High School 118 $612,429 88 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 797 $690,929 79 days
Distressed Homes 3 $695,000 64 days
Multi-Million Dollar Homes 76 $1,585,654 80 days
Newly Built Homes 119 $739,350 127 days
Homes with a Pool 307 $857,662 67 days
Reduced Price Homes 44 $715,233 60 days
The Luxxe | North & Co
Angela Gordon
25 S Arizona Place, Suite 325
Chandler, AZ 85225
520-370-1846

© 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 Angela Gordon- NorthANDCo 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. March 22, 2023
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