Gilbert, AZ Housing Market
The Gilbert housing market is somewhat competitive. Homes in Gilbert receive 2 offers on average and sell in around 42 days. The median sale price of a home in Gilbert was $595K last month, up 6.3% 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 April 2024, Gilbert home prices were up 6.3% compared to last year, selling for a median price of $595K. On average, homes in Gilbert sell after 42 days on the market compared to 49 days last year. There were 319 homes sold in April this year, up from 308 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 43 days.
- Hot homescan sell for around list price and go pending in around 19 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|4 Weeks Ago~$1.5M OfferSold for $1.5M4 bd | 3 ba | ~3,000 sqftUnder List Price2%Days on Market47Competing Offers1Down Payment—
- Offer Not Accepted|9 Weeks Ago~$800K OfferSold for $850K5 bd | 3 ba | ~3,000 sqftUnder List Price8%Days on Market61Competing Offers0Down Payment—
View houses in Gilbert that sold recently
Recently sold homes
- $395,000 Last Sold Price3 beds2.5 baths1,483 sq ft550 N Citrus Ln, Gilbert, AZ 85234List Price$400,000Sale to List1% under listDays on Market42 days550 N Citrus Ln, Gilbert, AZ 85234
- $675,000 Last Sold Price5 beds3 baths3,060 sq ft3297 E Geronimo Ct #67, Gilbert, AZ 85295List Price$685,000Sale to List1% under listDays on Market36 days3297 E Geronimo Ct #67, Gilbert, AZ 85295
- $538,000 Last Sold Price3 beds2 baths1,693 sq ft3006 E Toledo Ct, Gilbert, AZ 85295List Price$535,000Sale to List1% over listDays on Market133 days3006 E Toledo Ct, Gilbert, AZ 85295
- $825,000 Last Sold Price2 beds2.5 baths2,405 sq ft4284 E Carob Dr, Gilbert, AZ 85298List Price$823,000Sale to List0% over listDays on Market42 days4284 E Carob Dr, Gilbert, AZ 85298
- $645,000 Last Sold Price3 beds2 baths2,424 sq ft2665 E Donato Dr, Gilbert, AZ 85298List Price$670,000Sale to List4% under listDays on Market64 days2665 E Donato Dr, Gilbert, AZ 85298
- $1,085,000 Last Sold Price5 beds4 baths4,063 sq ft1551 W Commerce Ave, Gilbert, AZ 85233List Price$1,100,000Sale to List1% under listDays on Market124 days1551 W Commerce Ave, Gilbert, AZ 85233
- $798,000 Last Sold Price4 beds3.5 baths4,319 sq ft6026 S Mack Ave, Gilbert, AZ 85298List Price$849,000Sale to List6% under listDays on Market141 days6026 S Mack Ave, Gilbert, AZ 85298
- $690,000 Last Sold Price4 beds3 baths2,313 sq ft4734 S Merriman Way, Gilbert, AZ 85297List Price$699,000Sale to List1% under listDays on Market66 days4734 S Merriman Way, 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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