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Gilbert-Gilbert Heritage District as viewed from Gilbert Rd.Photo: Tony the Marine · CC BY-SA 3.0
Housing in Gilbert

3,259 homes sold in Gilbert in the last year, at a typical $575K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gilbert homes are listed.

Homes sold
3,259
June 2025 to May 2026
Typical sale price
$575K
houses $588K · condos $312K
Price per square foot
$280
Arizona $253
Paid vs. asking
98.1%
13% sold over asking
For sale now
1,001
May 2026 · 351 sold that month
What sold · last 12 months

0% of Gilbert’s sales are condos, at $276K less than a house

3059 houses and 14 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$588K

typical sale · 3059 sold in 12 months

Per square foot
$280AZ $251
Days to sell
55
Sold over asking
13%
Listings with a price cut
33%
Condos$312K

typical sale · 14 sold in 12 months

Per square foot
$296AZ $279
Days to sell
84
Sold over asking
7%
Listings with a price cut
29%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $1M
Townhouses: 185 sold, typical $382K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at twice the 2016 price

3,259 sales in the last year, against 5,814 in 2020 and a low of 3,023 in 2024. The typical sale went from $275K in 2016 to $575K.

Homes soldTypical sale price
01462292543875850$250K$400K$550K$700K2012: 4996 sold, typical $197K’122013: 4993 sold, typical $238K2014: 4828 sold, typical $249K’142015: 5234 sold, typical $262K2016: 5697 sold, typical $275K’162017: 5610 sold, typical $298K2018: 5453 sold, typical $321K’182019: 5578 sold, typical $343K2020: 5814 sold, typical $385K’202021: 5157 sold, typical $491K2022: 3947 sold, typical $576K’222023: 3122 sold, typical $552K2024: 3023 sold, typical $585K’242025: 3229 sold, typical $577KLast 12 months: 3259 sold, typical $575KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Gilbert

Houseat $280 a sq ft
Condoat $296 a sq ft
The same money in Arizonaat $251 a sq ft

Is this asking price fair?

Check a listing against what Gilbert homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Gilbert are rarer than before the pandemic, with about as many homes for sale

We read every month of Gilbert’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 3,259 sales.

If you’re buying in Gilbert

  • Shop in January. It brings about 429 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • You can negotiate. 33% of listings have cut their price, against 27% before the pandemic.
  • Bid near asking. Buyers paid 98.1% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 56 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 533 a month), but April is the most competitive: 29% of April sales close over asking. January and February offer nearly as much choice with fewer homes bid up (21%). January has the least competition (21%).

New listings a monthShare sold over asking
0133.8267.5401.353513%27%40%Sweet spotJan: 429 new listings a month, 21% sold over asking, 48 days to sellJFeb: 429 new listings a month, 24% sold over asking, 44 days to sellFMar: 523 new listings a month, 26% sold over asking, 40 days to sellMApr: 525 new listings a month, 29% sold over asking, 36 days to sellAMay: 533 new listings a month, 27% sold over asking, 36 days to sellMJun: 509 new listings a month, 27% sold over asking, 37 days to sellJJul: 457 new listings a month, 25% sold over asking, 36 days to sellJAug: 458 new listings a month, 25% sold over asking, 38 days to sellASep: 435 new listings a month, 25% sold over asking, 40 days to sellSOct: 425 new listings a month, 24% sold over asking, 38 days to sellONov: 319 new listings a month, 23% sold over asking, 39 days to sellNDec: 246 new listings a month, 22% sold over asking, 44 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Arizona as a whole

Gilbert now2017–192021 peakAZ now
Sold over askingShare of sales that closed above the list price13%18%61%13%
Gone within two weeksShare of homes under contract within 14 days26%47%68%22%
Listings with a price cutShare of homes for sale that cut their price33%27%17%29%
Price paid vs. askingAverage sale price ÷ list price98.1%98.9%102.6%97.8%
Days to sellMedian days from listing to contract56382367
Supply

906 homes for sale on a typical day

That’s twice the 2021 low (437), about the 2017–19 level and well under 2014’s 1394.

2012: 981 for sale’122013: 1028 for sale2014: 1394 for sale2015: 1228 for sale’152016: 1184 for sale2017: 985 for sale2018: 832 for sale’182019: 811 for sale2020: 576 for sale2021: 437 for sale’212022: 727 for sale2023: 542 for sale2024: 700 for sale’242025: 929 for saleLast 12 months: 906 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 27% in 2017–19 and 29% across Arizona. More sellers are pricing high and coming down.

2015: 29%’152016: 28%2017: 27%2018: 27%’182019: 27%2020: 20%2021: 17%’212022: 42%2023: 31%2024: 32%’242025: 34%Last 12 months: 33%Now
Prices by type

Since 2019, houses are up 69%, condos 81%

A house typically sold for $588K in the last year (3059 sales), a condo for $312K (14).

$175K$350K$525K$700K2013201520172019202120232025NowHouses 2013: $242K, 4725 salesHouses 2014: $253K, 4617 salesHouses 2015: $268K, 4987 salesHouses 2016: $280K, 5445 salesHouses 2017: $304K, 5235 salesHouses 2018: $328K, 5147 salesHouses 2019: $348K, 5259 salesHouses 2020: $391K, 5471 salesHouses 2021: $503K, 4793 salesHouses 2022: $590K, 3614 salesHouses 2023: $568K, 2844 salesHouses 2024: $603K, 2769 salesHouses 2025: $591K, 3020 salesHouses last 12 months: $588K, 3059 salesHouses $588KCondos 2013: $125K, 39 salesCondos 2014: $107K, 36 salesCondos 2015: $120K, 36 salesCondos 2016: $123K, 48 salesCondos 2017: $141K, 62 salesCondos 2018: $153K, 50 salesCondos 2019: $172K, 45 salesCondos 2020: $198K, 57 salesCondos 2021: $253K, 47 salesCondos 2022: $317K, 50 salesCondos 2023: $305K, 23 salesCondos 2024: $323K, 24 salesCondos 2025: $318K, 23 salesCondos last 12 months: $312K, 14 salesCondos $312K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Arizona

Gilbert ranks 41st of 97 busy Arizona markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Gilbert is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Gilbert home costs about $3,201 a month

Mortgage
Property tax
Insurance
Rent

Price: Gilbert’s typical sale, last 12 months. Property tax at Gilbert’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gilbert is affordable on local pay is on Cost of living.

Before you buy in Gilbert

Six things worth knowing

533

New listings in May

The month with the most choice. December has the fewest, about 246.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $575K home, about $2,420 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Gilbert, from test results, graduation and how much students grow.

Schools in Gilbert
26 min

Typical commute

The average one-way trip to work for people who live in Gilbert.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mesa, Queen Creek, Sun Lakes and Apache Junction sell for less a square foot

The busier markets within 25 miles of Gilbert, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Mesa5,539$462K$26214%59
Gilbert3,259$575K$28013%56
Chandler2,907$529K$28812%54
Queen Creek1,615$629K$25910%78
Tempe1,396$481K$29411%58
Apache Junction655$420K$24717%61
Sun Lakes511$478K$2548%70

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Gilbert, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gilbert. People who follow the town see it, and so do people comparing Gilbert with their own town. No commission, no listing fee.

Questions about buying a home in Gilbert

What do homes sell for in Gilbert, AZ?

3,259 homes sold in the year to May 2026 at a typical $575K, $280 a square foot. Houses sold for about $588K, condos for about $312K.

Is Gilbert a buyer’s or seller’s market?

A seller’s market: 1001 homes were for sale in May 2026 and 351 sold, about 2.9 months of supply. Buyers paid 98.1% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Gilbert?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Gilbert?

About 0.4% of a home’s value a year. On a $575K home that’s near $2,420.

Where can I see homes for sale in Gilbert?

Zillow, Redfin, Realtor.com and Homes.com all carry Gilbert’s MLS listings; the search links above open each one filtered to Gilbert.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).