The Gilbert housing market is somewhat competitive. Homes in Gilbert receive 3 offers on average and sell in around 40 days. The median sale price of a home in Gilbert was $574K last month, up 10.6% since last year. The median sale price per square foot in Gilbert is $284, up 10.5% since last year.
In February 2024, Gilbert home prices were up 10.6% compared to last year, selling for a median price of $574K. On average, homes in Gilbert sell after 40 days on the market compared to 78 days last year. There were 238 homes sold in February this year, up from 227 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$574,000
+10.6% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Gilbert, AZ
$574,000
+10.6%
United States
To compare other locations to the Gilbert and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Gilbert's median sale price is 39% higher than the national average. Overall cost of living in Gilbert is 15% higher than the national average. Learn which home features in Gilbert add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Gilbert housing market?
Gilbert is somewhat competitive. Homes sell in 45 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
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 2% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 21 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Gilbert
Explore recent offers and recently sold homes in Gilbert
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$400K Offer
Sold for $425K
3bd | 2ba | ~1,500sqft
Under List Price
2%
Days on Market
63
Competing Offers
3
Down Payment
~10%
Kristal Rosciano
Gilbert Redfin Agent
Multiple offers, seller waited through the weekend and accepted highest offer no concessions. Asset acquisition company…
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Neely Traditional Academy
Public • PreK-6 • Choice school
793
Students
31 reviews
10/10
Chandler Traditional Academy-Freedom
Public • PreK-6 • Choice school
635
Students
14 reviews
10/10
Bridges Elementary School
Public • K-6
702
Students
2 reviews
9/10
Higley Traditional Academy
Public • PreK-8 • Choice school
718
Students
13 reviews
9/10
Chandler Traditional Academy - Liberty Campus
Public • K-6 • Choice school
683
Students
31 reviews
Only showing 5 of
51 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Minor
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gilbert has a minor risk of flooding. 7,447 properties in Gilbert are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Gilbert. Flood risk is increasing faster than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
Gilbert has a major risk of wildfire. There are 42,073 properties in Gilbert that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in Gilbert.