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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

    $737,394

    AVERAGE PRICE OF 574 HOMES

    $1,583,424

    AVERAGE PRICE OF 66 MULTI-MILLION DOLLAR HOMES

    $819,418

    AVERAGE PRICE OF 57 NEWLY BUILT HOMES

    $868,370

    AVERAGE PRICE OF 233 HOMES WITH A POOL

    $764,673

    AVERAGE PRICE OF 15 REDUCED PRICE HOMES

    Average Home

    Average Price $737,394
    Avg Bedrooms 3.71 beds
    Avg Bathrooms 2.68 baths

    Average Price by Bedrooms

    1 bedroom $533,333
    2 bedrooms $447,702
    3 bedrooms $581,772
    4 bedrooms $745,274
    5 bedrooms $1,022,926
    Gilbert Home Price Trends
      4/2022 3/2022 2/2022 1/2022 12/2021
    Total Listings n/a 596 655 577 616
    Average Price n/a $700,350 $664,356 $627,257 $612,050
    Avg Price Change n/a +5.42% +5.91% +2.48% -2.61%
    Median Price n/a $606,167 $593,166 $560,400 $548,262
    Med Price Change n/a +2.19% +5.85% +2.21% -0.31%
    Avg Bedrooms n/a 3.71 beds 3.67 beds 3.56 beds 3.58 beds
    Avg Bathrooms n/a 2.68 baths 2.65 baths 2.59 baths 2.57 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Gilbert High School 93 $687,761 27 days
    Highland High School 54 $815,071 23 days
    Higley High School 73 $780,597 38 days
    Mesquite High School 57 $574,748 20 days
    Williams Field High School 90 $768,020 34 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 574 $737,394 35 days
    Multi-Million Dollar Homes 66 $1,583,424 49 days
    Newly Built Homes 57 $819,418 131 days
    Homes with a Pool 233 $868,370 27 days
    Reduced Price Homes 15 $764,673 28 days