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Foreclosure Homes in Gilbert, AZ 85295

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Gilbert, AZ Foreclosures

How much do homes sell for in Gilbert, AZ?
The average home price is currently $639,799.
In Gilbert, AZ, how many homes are available?
There are currently 84 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 $246,231,744.
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 thriving suburban community known for its outdoor activities, family-friendly atmosphere, and excellent schools. With numerous parks and recreational facilities, Gilbert offers a balanced lifestyle with easy access to shopping and dining options. Its growing real estate market and vibrant community events make it one of the most desirable places to live in the Phoenix metropolitan area.

Current Market Conditions in Gilbert, AZ

Gilbert's real estate market is currently experiencing growth, driven by an influx of families and professionals seeking affordable housing in a quality location. The blend of suburban amenities and proximity to Phoenix makes Gilbert particularly attractive for first-time home buyers.

Inventory levels in Gilbert have been relatively low, leading to increased competition among buyers. As of this month, home prices have shown modest appreciation, reflecting the town's desirability and the overall strength of the Phoenix real estate market.

Home Value Estimator For Gilbert, AZ

There are currently 80,009 real estate properties in Gilbert, AZ, with a median automated valuation model (AVM) price of $545,647.00. 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 $639,799.00, with the most expensive house in Gilbert, AZ, topping out at $246,231,744.00 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 85295 Foreclosures

Market Trend for Gilbert, AZ

Total Listings Available: 84

Market Values:

Home Prices from $21,372 to $246,231,744

Average Sales Price: $639,799

Rental Values:

Rental from $600 to $5,780

Average Rent Value: $2,015 / month

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