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Foreclosure Homes in Gilbert, AZ 85234

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Gilbert, AZ Foreclosures

How much do homes sell for in Gilbert, AZ?
The average home price is currently $648,164.
In Gilbert, AZ, how many homes are available?
There are currently 56 active home listings available in Gilbert.
What’s the average rental cost in Gilbert, AZ?
The average rental price in Gilbert is $2,015.
What is the most expensive home in Gilbert?
The most expensive home sold in Gilbert had a price of $247,797,000.
What is currently the cheapest priced home in Gilbert, AZ?
The cheapest home for sale in Gilbert is priced at $21,372.

Living in Gilbert, AZ

Gilbert, AZ is a popular suburban location known for its excellent schools, family-friendly amenities, and vibrant community life. The area offers abundant outdoor activities and a strong sense of community. With its proximity to Phoenix, residents enjoy both tranquility and opportunities for urban engagement.

Current Market Conditions in Gilbert, AZ

The real estate market in Gilbert, AZ has been experiencing steady growth over the past few years, driven by a high demand for family homes and a limited supply of inventory. As more people are drawn to the area for its quality of life, property values have continued to rise, making it a sound investment choice.

With several new developments underway and an influx of buyers looking to settle in Gilbert, the market remains competitive. Investors can find opportunities in both residential rental properties and single-family homes, as the demand for housing continues to grow.

Home Value Estimator For Gilbert, AZ

There are currently 80,017 real estate properties in Gilbert, AZ, with a median automated valuation model (AVM) price of $553,838.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gilbert, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gilbert, AZ, is $648,164.00, with the most expensive house in Gilbert, AZ, topping out at $247,797,000.00 and the cheapest home in Gilbert, AZ, clocking in at $21,372.00. In other words, there’s something for every potential homebuyer or savvy investor in Gilbert, AZ!

Rent Prices In Gilbert, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gilbert, AZ, is on a rollercoaster ride. The average rent price in Gilbert, AZ, is $2,015.00. Indeed, when looking to rent in Gilbert, AZ, you can expect to pay as little as $600.00 or as much as $5,780.00, with the average rent median estimated to be $1,980.00. The good news is that finding an affordable and desirable property to rent in Gilbert, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gilbert, AZ 85234 Foreclosures


Market Trend for Gilbert, AZ

Total Listings Available: 56

Market Values:

Home Prices from $21,372 to $247,797,000

Average Sales Price: $648,164

Rental Values:

Rental from $600 to $5,780

Average Rent Value: $2,015 / month

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