Gilbert, AZ Housing Market
The Gilbert housing market is somewhat competitive. Homes in Gilbert receive 2 offers on average and sell in around 44 days. The median sale price of a home in Gilbert was $584K last month, up 11.1% since last year. The median sale price per square foot in Gilbert is $289, up 7.4% since last year.
Gilbert Housing Market Trends
In March 2024, Gilbert home prices were up 11.1% compared to last year, selling for a median price of $584K. On average, homes in Gilbert sell after 44 days on the market compared to 61 days last year. There were 284 homes sold in March this year, down from 353 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Gilbert housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 42 days.
- Hot homescan sell for around list price and go pending in around 19 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 37 days.
- Hot homescan sell for around list price and go pending in around 18 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 46 days.
- Hot homescan sell for around list price and go pending in around 20 days.
Gilbert Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Gilbert from outside metros.
- Seattle homebuyers searched to move into Gilbert more than any other metro followed by Los Angeles and San Francisco.
- 76% of Gilbert homebuyers searched to stay within the Gilbert metropolitan area.
- Prescott Valley was the most popular destination among Gilbert homebuyers followed by Show Low and Flagstaff.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,225 | ||
2 | 4,013 | ||
3 | 1,551 | ||
4 | 1,402 | ||
5 | 1,220 | ||
6 | 920 | ||
7 | 599 | ||
8 | 498 | ||
9 | 496 | ||
10 | 307 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 940 | ||
2 | 638 | ||
3 | 469 | ||
4 | 133 | ||
5 | 73 | ||
6 | 72 | ||
7 | 70 | ||
8 | 69 | ||
9 | 69 | ||
10 | 67 |
Home offer insights for Gilbert
Recent offers
- Offer Not Accepted|7 Weeks Ago~$800K OfferSold for $850K5 bd | 3 ba | ~3,000 sqftUnder List Price8%Days on Market61Competing Offers0Down Payment—
- Offer Not Accepted|12 Weeks Ago~$500K OfferSold for $500K4 bd | 2 ba | ~1,500 sqftOver List Price0%Days on Market28Competing Offers5Down Payment<10%
View houses in Gilbert that sold recently
Recently sold homes
- $415,000 Last Sold Price3 beds2.5 baths1,397 sq ft518 S Sunrise Dr, Gilbert, AZ 85233List Price$415,000Sale to List0% over listDays on Market40 days518 S Sunrise Dr, Gilbert, AZ 85233
- $560,000 Last Sold Price4 beds2 baths1,794 sq ft1718 W Commerce Ave, Gilbert, AZ 85233List Price$550,000Sale to List2% over listDays on Market26 days1718 W Commerce Ave, Gilbert, AZ 85233
- $540,000 Last Sold Price3 beds2 baths1,620 sq ft1077 E Baylor Ln, Gilbert, AZ 85296List Price$540,000Sale to List0% over listDays on Market205 days1077 E Baylor Ln, Gilbert, AZ 85296
- $450,000 Last Sold Price3 beds2 baths1,478 sq ft829 N Bluejay Dr, Gilbert, AZ 85234List Price$464,900Sale to List3% under listDays on Market103 days829 N Bluejay Dr, Gilbert, AZ 85234
- $823,000 Last Sold Price3 beds2.5 baths2,161 sq ft3867 E Happy Rd, Queen Creek, AZ 85142List Price$820,000Sale to List0% over listDays on Market33 days3867 E Happy Rd, Queen Creek, AZ 85142
- $317,500 Last Sold Price2 beds2 baths1,056 sq ft1941 S Pierpont Dr #2076, Mesa, AZ 85206List Price$324,900Sale to List2% under listDays on Market94 days1941 S Pierpont Dr #2076, Mesa, AZ 85206
- $445,000 Last Sold Price3 beds2 baths1,549 sq ft1138 S Larkspur St, Gilbert, AZ 85296List Price$474,900Sale to List6% under listDays on Market45 days1138 S Larkspur St, Gilbert, AZ 85296
- $720,000 Last Sold Price4 beds3 baths3,430 sq ft734 E Kingbird Dr, Gilbert, AZ 85297List Price$749,000Sale to List4% under listDays on Market104 days734 E Kingbird Dr, Gilbert, AZ 85297
See all recently sold homes in Gilbert.
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Schools in Gilbert
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Neely Traditional Academy Public • PreK-6 | 752 Students | 31 reviews |
10/10 Chandler Traditional Academy-Freedom Public • PreK-6 | 601 Students | 14 reviews |
10/10 Bridges Elementary School Public • K-6 | 717 Students | 2 reviews |
9/10 Higley Traditional Academy Public • PreK-8 | 705 Students | 13 reviews |
9/10 Chandler Traditional Academy - Liberty Campus Public • K-6 | 663 Students | 32 reviews |
Climate's impact on Gilbert housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Gilbert.
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Heat Factor - Extreme
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Transportation in Gilbert
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