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Gilbert Market Report

$820,503

AVERAGE PRICE OF 884 HOMES

$554,950

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,953,826

AVERAGE PRICE OF 141 MULTI-MILLION DOLLAR HOMES

$1,106,517

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$1,082,598

AVERAGE PRICE OF 360 HOMES WITH A POOL

$697,635

AVERAGE PRICE OF 77 REDUCED PRICE HOMES

Average Home

Average Price $820,503
Avg Bedrooms 3.65 beds
Avg Bathrooms 2.88 baths

Average Price by Bedrooms

1 bedroom $243,133
2 bedrooms $451,914
3 bedrooms $560,587
4 bedrooms $801,855
5 bedrooms $1,228,247
Gilbert Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 801 921 945 904 857
Average Price $834,961 $823,497 $797,000 $784,026 $803,603
Avg Price Change +1.39% +3.32% +1.65% -2.50% -4.06%
Median Price $626,364 $628,660 $629,577 $628,644 $640,564
Med Price Change -0.37% -0.15% +0.15% -1.90% -1.94%
Avg Bedrooms 3.67 beds 3.7 beds 3.72 beds 3.71 beds 3.73 beds
Avg Bathrooms 2.88 baths 2.9 baths 2.89 baths 2.91 baths 2.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Gilbert High School 126 $766,097 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 884 $820,503 69 days
Distressed Homes 1 $554,950 27 days
Multi-Million Dollar Homes 141 $1,953,826 90 days
Newly Built Homes 43 $1,106,517 94 days
Homes with a Pool 360 $1,082,598 71 days
Reduced Price Homes 77 $697,635 66 days
Compass - The Hunter Durham Team
Ed Durham
4222 N Marshall Way Suite A
Scottsdale, AZ 85251
602-315-4817
602-315-4817 Cell
602-714-7000 Office

© 2025 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Ed Durham - Compass- Hunter Durham Team are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. January 23, 2025
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