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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

$691,411

AVERAGE PRICE OF 1,205 HOMES

$735,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,593,379

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$893,758

AVERAGE PRICE OF 120 NEWLY BUILT HOMES

$842,813

AVERAGE PRICE OF 433 HOMES WITH A POOL

$642,201

AVERAGE PRICE OF 179 REDUCED PRICE HOMES

Average Home

Average Price $691,411
Avg Bedrooms 3.69 beds
Avg Bathrooms 2.62 baths

Average Price by Bedrooms

2 bedrooms $467,728
3 bedrooms $549,489
4 bedrooms $736,735
5 bedrooms $988,019
Gilbert Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 1,234 1,222 1,125 n/a n/a
Average Price $703,437 $718,478 $732,846 n/a n/a
Avg Price Change -2.14% -2.00% n/a n/a n/a
Median Price $597,735 $599,872 $612,899 n/a n/a
Med Price Change -0.36% -2.17% n/a n/a n/a
Avg Bedrooms 3.72 beds 3.73 beds 3.75 beds n/a n/a
Avg Bathrooms 2.63 baths 2.65 baths 2.66 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Campo Verde High School 121 $698,308 75 days
Gilbert High School 168 $610,662 52 days
Highland High School 133 $732,044 46 days
Mesquite High School 135 $600,291 55 days
Williams Field High School 194 $646,201 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,205 $691,411 58 days
Distressed Homes 1 $735,000 7 days
Multi-Million Dollar Homes 108 $1,593,379 67 days
Newly Built Homes 120 $893,758 104 days
Homes with a Pool 433 $842,813 52 days
Reduced Price Homes 179 $642,201 52 days
4:10 Real Estate | The Spectrum Group
Jason Geroux
428 S Gilbert Rd, Suite 106-5
Gilbert, AZ 85296
480-748-8620

© 2022 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 Jason Geroux - 410 Real Estate 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. October 1, 2022
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