Search homes for sale in Gilbert, AZ, known as the “Hay Shipping Capital of the World.”
The real estate market in Gilbert, AZ, is moderately competitive, with homes typically receiving an average of two offers and selling within approximately 40 days. Last month, the median sale price for homes for sale in Gilbert, AZ reached $625,000, marking a significant 13.6% increase compared to the previous year. Additionally, the median price per square foot for Gilbert homes for sale is currently $279, reflecting a 1.5% rise year over year. These trends suggest a steady appreciation in property values, making Gilbert an attractive market for both buyers and sellers looking for long-term growth potential.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In July 2024, homes for sale in Gilbert, AZ saw a notable price increase, with the median sale price reaching $625,000, a 13.6% rise compared to the previous year. Although homes are spending slightly longer on the market, averaging 40 days compared to 34 days last year, demand remains steady. In total, 238 Gilbert AZ homes for sale were sold in July, a slight decline from 261 sales the year prior. Additionally, the median price per square foot for Gilbert homes for sale rose to $279, up 1.5% year over year. These trends highlight the area's strong property value growth, with increasing prices reflecting the demand, even as the pace of sales slightly moderates.
The housing market in Gilbert is somewhat competitive, with most homes selling within 41 days. While many properties sell for around 2% below the list price, some Gilbert homes for sale receive multiple offers. Homes for sale in Gilbert, AZ that are considered "hot" can sell for close to the asking price and often go pending in as little as 20 days. This variation in sale timelines and pricing highlights a dynamic market, where certain Gilbert AZ homes for sale move quickly, depending on demand and property appeal.
Nationwide, 2% of homebuyers are looking to relocate to Gilbert homes for sale from outside metro areas. Among those, homebuyers from Los Angeles are the most interested in moving to homes for sale in Gilbert, AZ, followed closely by buyers from Seattle and Dallas. This growing interest from out-of-state buyers, particularly from large metro areas, highlights Gilbert’s appeal as a desirable destination for those seeking a change in lifestyle or market opportunities.
For detailed, up-to-date information on buying a house in Gilbert, including legal considerations and market trends, you can talk to us.
The average price for homes for sale in Gilbert, AZ is currently around $625,000, with home values increasing by over 13% in the past year. The median price per square foot is $279, reflecting steady market growth.
On average, Gilbert homes for sale stay on the market for about 41 days, though some homes, especially hot properties, can go pending in as little as 20 days.
Yes, buyers in Gilbert can often negotiate, as many Gilbert AZ homes for sale tend to sell for around 2% below the list price. However, highly competitive homes may sell at or near asking.
The market is somewhat competitive for sellers, with homes for sale in Gilbert, AZ receiving multiple offers in some cases. Hot homes can go pending within 20 days, while most homes sell in about 41 days.
To price your home competitively, consider the median sale price of Gilbert homes for sale, which is currently $625,000. It's important to also look at the price per square foot, which averages $279, and recent sales in your area.
Whether you have questions about the current market or are looking for the perfect property, I'm here to help. With in-depth knowledge of homes for sale in Gilbert, AZ and a passion for helping clients, I'll make your home-buying journey smooth and successful. Reach out now to get started!
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Desaree Suttle is a distinguished real estate agent based in the town of Gilbert, AZ. With a passion for DIY and home improvement projects, coupled with a keen eye for interior design, Desaree brings a unique and personal touch to her profession. Her clients often describe her as attentive, experienced, personable, and efficient, qualities that have made her a favorite choice in the real estate community.
Desaree's love for Gilbert is evident in her enthusiasm for the town's evolution. Once a quaint small town, Gilbert has transformed into a bustling hub that has its small-town feel. Even as it grows, Desaree appreciates Gilbert's expanding offerings, from its exquisite restaurants and scenic parks to its top-tier schools. As a self-proclaimed foodie, she appreciates the town's growing reputation as a culinary destination. No longer do you have to drive all the way to Phoenix to get world-class food. The fact that Gilbert was rated one of the safest places to live only adds to the reasons she is proud to call it home.
Entering the real estate industry with full dedication from the start, Desaree quickly found her calling. Her favorite part of the business is helping clients achieve their dreams, whether it's finding their perfect home or selling their property. Her background in home improvement and interior design enriches her clients' experience and offers them a comprehensive understanding of what makes a house a home.
Desaree Suttle is more than a real estate agent; she's a trusted partner in your real estate journey, deeply invested in making your goals a reality. Her expertise and genuine passion for the community and its people make her an unparalleled choice for anyone looking to navigate the Gilbert real estate market.
Most people find buying and selling a home equivalent to the stress of planning a wedding. Not only is it important you find something you love but where you can see your self having a home. I am here to hold the weight, set you up with personalized and live search to MLS listing that you would love to see.