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  • Gilbert

    Why you'd want to live in Gilbert

    Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban community. During the last three decades, Gilbert has seen tremendous growth, increasing in population from 5,717 in 1980 to more than 242,955 in 2015. Many recent accolades, including being named the 2nd Safest City and the 22nd Best Place to Live in the country, explain why so many want to live and do business in Gilbert. Gilbert boasts a nationally ranked K-12 education system including public schools, unique magnet and charter schools, with an average graduation rate of 90%. Nearly 40% of Gilbert residents hold a bachelor’s degree or higher and the median household income is $80,080.

    Gilbert Market Report

    $718,641

    AVERAGE PRICE OF 1,227 HOMES

    $637,000

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $1,714,220

    AVERAGE PRICE OF 117 MULTI-MILLION DOLLAR HOMES

    $943,035

    AVERAGE PRICE OF 132 NEWLY BUILT HOMES

    $890,056

    AVERAGE PRICE OF 460 HOMES WITH A POOL

    $632,584

    AVERAGE PRICE OF 208 REDUCED PRICE HOMES

    Average Home

    Average Price $718,641
    Avg Bedrooms 3.74 beds
    Avg Bathrooms 2.65 baths

    Average Price by Bedrooms

    1 bedroom $235,000
    2 bedrooms $446,909
    3 bedrooms $568,051
    4 bedrooms $742,598
    5 bedrooms $1,005,491
    Gilbert Home Price Trends
      7/2022 6/2022 5/2022 4/2022 3/2022
    Total Listings 1,125 n/a n/a n/a 596
    Average Price $732,846 n/a n/a n/a $700,350
    Avg Price Change n/a n/a n/a n/a +5.42%
    Median Price $612,899 n/a n/a n/a $606,167
    Med Price Change n/a n/a n/a n/a +2.19%
    Avg Bedrooms 3.75 beds n/a n/a n/a 3.71 beds
    Avg Bathrooms 2.66 baths n/a n/a n/a 2.68 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Campo Verde High School 125 $704,390 64 days
    Gilbert High School 159 $645,903 39 days
    Higley High School 146 $711,607 43 days
    Mesquite High School 140 $612,040 42 days
    Williams Field High School 204 $681,514 43 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,227 $718,641 45 days
    Distressed Homes 2 $637,000 31 days
    Multi-Million Dollar Homes 117 $1,714,220 60 days
    Newly Built Homes 132 $943,035 96 days
    Homes with a Pool 460 $890,056 39 days
    Reduced Price Homes 208 $632,584 40 days