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.
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.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$583,500
+11.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Gilbert, AZ
$583,500
+11.1%
United States
To compare other locations to the Gilbert and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Gilbert's median sale price is 42% higher than the national average. Overall cost of living in Gilbert is 15% higher than the national average. Learn which home features in Gilbert add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Gilbert housing market?
Gilbert is somewhat competitive. Homes sell in 42 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
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 homes
can sell for around list price and go pending in around 19 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Gilbert
Explore recent offers and recently sold homes in Gilbert
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Minor
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gilbert has a minor risk of flooding. 7,447 properties in Gilbert are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Gilbert. Flood risk is increasing faster than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
Gilbert has a major risk of wildfire. There are 42,073 properties in Gilbert that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in Gilbert.