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|7 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
- $415,000 Last Sold Price3 beds2.5 baths1,397 sq ft518 S Sunrise Dr, Gilbert, AZ 85233List Price$415,000Sale to List0% over listDays on Market40 days518 S Sunrise Dr, Gilbert, AZ 85233
- $534,500 Last Sold Price3 beds2 baths1,751 sq ft909 W Tremaine Ave, Gilbert, AZ 85233List Price$529,500Sale to List1% over listDays on Market73 days909 W Tremaine Ave, Gilbert, AZ 85233
- $550,000 Last Sold Price3 beds2 baths1,651 sq ft3017 E Tonto Dr, Gilbert, AZ 85298List Price$550,000Sale to List0% over listDays on Market22 days3017 E Tonto Dr, Gilbert, AZ 85298
- $998,000 Last Sold Price5 beds3.5 baths4,707 sq ft705 E Joseph Ct, Gilbert, AZ 85295List Price$1,000,000Sale to List0% under listDays on Market33 days705 E Joseph Ct, Gilbert, AZ 85295
- $540,000 Last Sold Price3 beds2 baths1,620 sq ft1077 E Baylor Ln, Gilbert, AZ 85296List Price$540,000Sale to List0% over listDays on Market205 days1077 E Baylor Ln, Gilbert, AZ 85296
- $488,000 Last Sold Price3 beds2.5 baths1,915 sq ft1701 E Dogwood Ln, Gilbert, AZ 85295List Price$505,000Sale to List3% under listDays on Market27 days1701 E Dogwood Ln, Gilbert, AZ 85295
- $1,915,000 Last Sold Price5 beds5 baths4,293 sq ft2752 E Wildhorse Dr, Gilbert, AZ 85297List Price$1,800,000Sale to List6% over listDays on Market42 days2752 E Wildhorse Dr, Gilbert, AZ 85297
- $582,000 Last Sold Price3 beds2 baths1,982 sq ft221 E Appaloosa Ct, Gilbert, AZ 85296List Price$569,000Sale to List2% over listDays on Market120 days221 E Appaloosa 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 | 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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