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  • Gilbert Market Report

    $554,567

    AVERAGE PRICE OF 574 HOMES

    $486,000

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,427,844

    AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

    $620,495

    AVERAGE PRICE OF 53 NEWLY BUILT HOMES

    $660,670

    AVERAGE PRICE OF 243 HOMES WITH A POOL

    $678,979

    AVERAGE PRICE OF 5 REDUCED PRICE HOMES

    Average Home

    Average Price $554,567
    Avg Bedrooms 3.8 beds
    Avg Bathrooms 2.78 baths

    Average Price by Bedrooms

    1 bedroom $160,000
    2 bedrooms $343,115
    3 bedrooms $426,326
    4 bedrooms $562,427
    5 bedrooms $729,854
    Gilbert Home Price Trends
      2/2021 1/2021 12/2020 11/2020 10/2020
    Total Listings 577 510 613 782 908
    Average Price $544,037 $527,055 $531,527 $519,569 $510,098
    Avg Price Change +3.22% -0.85% +2.30% +1.86% +1.59%
    Median Price $463,039 $444,868 $438,296 $430,135 $425,852
    Med Price Change +4.08% +1.50% +1.90% +1.01% +1.07%
    Avg Bedrooms 3.8 beds 3.75 beds 3.78 beds 3.79 beds 3.79 beds
    Avg Bathrooms 2.76 baths 2.75 baths 2.8 baths 2.78 baths 2.75 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Gilbert High School 80 $523,016 29 days
    Highland High School 61 $616,141 27 days
    Higley High School 85 $601,210 52 days
    Mesquite High School 66 $460,786 30 days
    Williams Field High School 88 $494,896 28 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 574 $554,567 40 days
    Distressed Homes 1 $486,000 146 days
    Multi-Million Dollar Homes 33 $1,427,844 53 days
    Newly Built Homes 53 $620,495 173 days
    Homes with a Pool 243 $660,670 32 days
    Reduced Price Homes 5 $678,979 13 days