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 11.1% since last year. The median sale price per square foot in Gilbert is $289, up 7.2% since last year.
Gilbert Housing Market Trends
In March 2024, Gilbert home prices were up 11.1% 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 284 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 40 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 44 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|2 Weeks Ago~$1.5M OfferSold for $1.5M4 bd | 3 ba | ~3,000 sqftUnder List Price2%Days on Market47Competing Offers1Down Payment—
- Offer Not Accepted|7 Weeks Ago~$800K OfferSold for $850K5 bd | 3 ba | ~3,000 sqftUnder List Price8%Days on Market61Competing Offers0Down Payment—
View houses in Gilbert that sold recently
Recently sold homes
- $949,000 Last Sold Price5 beds4 baths3,000 sq ft4405 E John St, Gilbert, AZ 85295List Price$949,000Sale to List0% over listDays on Market36 days4405 E John St, Gilbert, AZ 85295
- $1,400,000 Last Sold Price6 beds4.5 baths4,372 sq ft5139 S Bridal Vail Dr, Gilbert, AZ 85298List Price$1,400,000Sale to List0% over listDays on Market53 days5139 S Bridal Vail Dr, Gilbert, AZ 85298
- $510,000 Last Sold Price2 beds2 baths1,604 sq ft4756 E Sourwood Dr, Gilbert, AZ 85298List Price$510,000Sale to List0% over listDays on Market38 days4756 E Sourwood Dr, Gilbert, AZ 85298
- $450,000 Last Sold Price2 beds2 baths1,587 sq ft630 N Ironwood Way, Gilbert, AZ 85234List Price$480,000Sale to List6% under listDays on Market60 days630 N Ironwood Way, Gilbert, AZ 85234
- $675,000 Last Sold Price3 beds3 baths2,540 sq ft3879 E Jaguar Ave, Gilbert, AZ 85298List Price$675,000Sale to List0% over listDays on Market24 days3879 E Jaguar Ave, Gilbert, AZ 85298
- $674,999 Last Sold Price4 beds2.5 baths2,257 sq ft3515 E Alfalfa Dr, Gilbert, AZ 85298List Price$674,999Sale to List0% over listDays on Market50 days3515 E Alfalfa Dr, Gilbert, AZ 85298
- $480,000 Last Sold Price3 beds2 baths1,521 sq ft1149 E Harbor View Dr, Gilbert, AZ 85234List Price$489,900Sale to List2% under listDays on Market65 days1149 E Harbor View Dr, Gilbert, AZ 85234
- $435,500 Last Sold Price3 beds2.5 baths1,776 sq ft3918 S Rim Rd, Gilbert, AZ 85297List Price$435,000Sale to List0% over listDays on Market86 days3918 S Rim Rd, Gilbert, AZ 85297
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 | 752 Students | 31 reviews |
10/10 Chandler Traditional Academy-Freedom Public • PreK-6 | 601 Students | 14 reviews |
10/10 Bridges Elementary School Public • K-6 | 717 Students | 2 reviews |
9/10 Higley Traditional Academy Public • PreK-8 | 705 Students | 13 reviews |
9/10 Chandler Traditional Academy - Liberty Campus Public • K-6 | 663 Students | 32 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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