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 $290, up 7.8% 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 38 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 47 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 | Jan '24 - Mar '24 | ||
1 | 4,311 | ||
2 | 3,920 | ||
3 | 1,656 | ||
4 | 1,319 | ||
5 | 1,309 | ||
6 | 933 | ||
7 | 586 | ||
8 | 499 | ||
9 | 494 | ||
10 | 289 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 984 | ||
2 | 586 | ||
3 | 458 | ||
4 | 128 | ||
5 | 87 | ||
6 | 79 | ||
7 | 77 | ||
8 | 72 | ||
9 | 72 | ||
10 | 67 |
Home offer insights for Gilbert
Recent offers
- Offer Not Accepted|10 Weeks Ago~$500K OfferSold for $500K4 bd | 2 ba | ~1,500 sqftOver List Price0%Days on Market28Competing Offers5Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$425K OfferSold for $425K3 bd | 2 ba | ~1,500 sqftOver List Price0%Days on Market116Competing Offers1Down Payment—
View houses in Gilbert that sold recently
Recently sold homes
- $790,500 Last Sold Price4 beds3 baths2,543 sq ft5802 S Seton Ave, Gilbert, AZ 85298List Price$799,500Sale to List1% under listDays on Market51 days5802 S Seton Ave, Gilbert, AZ 85298
- $980,000 Last Sold Price5 beds3.5 baths3,172 sq ft5117 S Quiet Way, Gilbert, AZ 85298List Price$987,000Sale to List1% under listDays on Market53 days5117 S Quiet Way, Gilbert, AZ 85298
- $970,000 Last Sold Price4 beds4.5 baths3,716 sq ft1111 E Kensington Rd, Gilbert, AZ 85297List Price$995,000Sale to List3% under listDays on Market32 days1111 E Kensington Rd, Gilbert, AZ 85297
- $853,000 Last Sold Price4 beds2.5 baths3,527 sq ft3105 E Princeton Ave, Gilbert, AZ 85234List Price$853,000Sale to List0% over listDays on Market68 days3105 E Princeton Ave, Gilbert, AZ 85234
- $640,000 Last Sold Price3 beds2.5 baths1,737 sq ft2527 S Quaintance St, Gilbert, AZ 85295List Price$644,000Sale to List1% under listDays on Market74 days2527 S Quaintance St, Gilbert, AZ 85295
- $533,000 Last Sold Price3 beds2.5 baths2,024 sq ft2027 S Bahama Dr, Gilbert, AZ 85295List Price$550,000Sale to List3% under listDays on Market28 days2027 S Bahama Dr, Gilbert, AZ 85295
- $595,000 Last Sold Price4 beds3 baths2,610 sq ft2532 S Sunrise --, Mesa, AZ 85209List Price$595,000Sale to List0% over listDays on Market49 days2532 S Sunrise --, Mesa, AZ 85209
- $790,000 Last Sold Price3 beds3 baths2,579 sq ft3231 S Big Horn Dr, Chandler, AZ 85286List Price$800,000Sale to List1% under listDays on Market70 days3231 S Big Horn Dr, Chandler, AZ 85286
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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