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 11.2% 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 11.2% 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 283 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|6 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
- $450,000 Last Sold Price3 beds2 baths1,286 sq ft1639 E Lowell Ave, Gilbert, AZ 85295List Price$450,000Sale to List0% over listDays on Market20 days1639 E Lowell Ave, Gilbert, AZ 85295
- $487,800 Last Sold Price3 beds2 baths1,768 sq ft1876 S Racine Ln, Gilbert, AZ 85295List Price$490,990Sale to List1% under listDays on Market201 days1876 S Racine Ln, Gilbert, AZ 85295
- $500,000 Last Sold Price3 beds2 baths1,433 sq ft2553 E Jasper Dr, Gilbert, AZ 85296List Price$499,900Sale to List0% over listDays on Market33 days2553 E Jasper Dr, Gilbert, AZ 85296
- $920,000 Last Sold Price4 beds3.5 baths3,700 sq ft4200 E Meadowview Dr, Gilbert, AZ 85298List Price$1,000,000Sale to List8% under listDays on Market79 days4200 E Meadowview Dr, Gilbert, AZ 85298
- $555,000 Last Sold Price4 beds3 baths1,893 sq ft1125 S Hazel St, Gilbert, AZ 85296List Price$549,999Sale to List1% over listDays on Market24 days1125 S Hazel St, Gilbert, AZ 85296
- $440,000 Last Sold Price3 beds2.5 baths1,336 sq ft1339 N Brittany Ln, Gilbert, AZ 85233List Price$440,000Sale to List0% over listDays on Market52 days1339 N Brittany Ln, Gilbert, AZ 85233
- $590,000 Last Sold Price4 beds2.5 baths2,537 sq ft3535 E Kent Ave, Gilbert, AZ 85296List Price$590,000Sale to List0% over listDays on Market90 days3535 E Kent Ave, Gilbert, AZ 85296
- $638,000 Last Sold Price4 beds2.5 baths2,664 sq ft255 E Sheffield Ct, Gilbert, AZ 85296List Price$629,900Sale to List1% over listDays on Market71 days255 E Sheffield Ct, Gilbert, AZ 85296
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 • 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 |
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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