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Cheap Homes in Gilbert, AZ

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Gilbert, AZ Foreclosures

How much do homes sell for in Gilbert, AZ?
The average home price is currently $717,505.
In Gilbert, AZ, how many homes are available?
There are currently 31 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 $246,664,160.
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 suburb of Phoenix known for its family-friendly environment, excellent schools, and rich outdoor activities. With a lively downtown and community-centric events, it provides residents with an engaging lifestyle. This town combines modern living amenities with a sense of close-knit community.

Current Market Conditions in Gilbert, AZ

The real estate market in Gilbert has been on an upward trajectory, with continued demand for single-family homes driving prices higher. Properties are moving quickly, often with multiple offers, reflecting the competition in this desirable suburb. The influx of new residents looking for suburban peace while still being near a major city keeps the market robust.

In recent months, there has been a significant increase in interest for larger homes and properties with outdoor space, as many buyers seek more room for remote working or family activities. This trend seems to be a lasting impact of the pandemic, and several neighborhoods are developing to accommodate the growing population.

Home Value Estimator For Gilbert, AZ

There are currently 89,803 real estate properties in Gilbert, AZ, with a median automated valuation model (AVM) price of $556,491.00. 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 $717,505.00, with the most expensive house in Gilbert, AZ, topping out at $246,664,160.00 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.

Cheap Homes in Gilbert, AZ


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