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. Incorporated in 1920, Gilbert owes its beginnings to William "Bobby" Gilbert who provided land to the Arizona Eastern Railway in 1902 to construct a rail line between Phoenix and Florence, Arizona. 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. The iconic water tower stands tall in downtown Gilbert in an area that once housed little more than the post office. Today, you will find the downtown bustling with shops, restaurants, a theater and, soon, it will also be home to a University. Gilbert boasts a nationally ranked K-12 education system including public schools, unique magnet and charter schools, with an average graduation rate of 90%. Nearly 40% of Gilbert residents hold a bachelor’s degree or higher and the median household income is $80,080. Gilbert’s booming housing industry is coupled with booming business. With a targeted focus in the Science, Technology, Engineering and Math industries, Gilbert is home to many companies with focuses in Advanced Manufacturing, Aerospace and Defense, Bio-Technology, Clean Technology and Renewable Energy. via gilbertaz.gov

Gilbert Market Report

$878,149

AVERAGE PRICE OF 835 HOMES

$1,991,445

AVERAGE PRICE OF 155 MULTI-MILLION DOLLAR HOMES

$1,091,605

AVERAGE PRICE OF 57 NEWLY BUILT HOMES

$1,122,748

AVERAGE PRICE OF 388 HOMES WITH A POOL

$898,515

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $878,149
Avg Bedrooms 3.75 beds
Avg Bathrooms 2.99 baths

Average Price by Bedrooms

1 bedroom $339,000
2 bedrooms $457,800
3 bedrooms $572,555
4 bedrooms $828,275
5 bedrooms $1,356,544
Gilbert Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 777 717 679 626 644
Average Price $848,913 $819,337 $798,305 $816,699 $799,793
Avg Price Change +3.61% +2.63% -2.30% +2.11% +3.73%
Median Price $637,929 $636,402 $638,492 $627,586 $627,621
Med Price Change +0.24% -0.33% +1.74% -0.01% +0.55%
Avg Bedrooms 3.83 beds 3.71 beds 3.67 beds 3.81 beds 3.8 beds
Avg Bathrooms 2.95 baths 2.69 baths 2.6 baths 2.94 baths 2.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Williams Field High School 128 $767,375 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 835 $878,149 51 days
Multi-Million Dollar Homes 155 $1,991,445 58 days
Newly Built Homes 57 $1,091,605 77 days
Homes with a Pool 388 $1,122,748 47 days
Reduced Price Homes 63 $898,515 58 days
AZ Dream Home Search
21321 E Ocotillo RD Suite 113
Queen Creek, AZ 85142
Designated Broker/ Owner Steven Halen
480-253-0071
steve@azdreamhomesearch.com


Sell Your Home




© 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 Steve Halen - R&S Premier Properties 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 24, 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Steve Halen - R&S Premier Properties are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
This site powered by CINC: www.cincpro.com