Housing in Gilbert, AZ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$550,000
Median List Price
$572,000
Price Per Sq Ft
$283
Days on Market
70
Active Inventory
795
Months of Supply
4.9
Balanced market
Zillow Home Value
$563,939
ZHVI — January 2026
Zillow Rent Index
$2,052
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.4%
Off Market in 2 Weeks
27.3%
Sale-to-List Ratio
97.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
163
New Listings
360
Pending Sales
308
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$283
Median List $/SF
$291
Gilbert vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 250,000 - 500,000 residents. Gilbert is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$518,600
Median Rent
$2,028
Total Housing Units
94,983
Vacancy Rate
3.4%
Owner Occupied
73.9%
Renter Occupied
26.1%
Median Property Tax
$2,381
per year
Monthly Cost (w/ Mortgage)
$1,848
Housing Types
The current median sale price in Gilbert, AZ is $550,000 according to Redfin data. Homes spend a median of 70 days on the market. 10.4% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $283. Zillow's observed rent index is $2,052/month. About 73.9% of housing units are owner-occupied. The median year homes were built is 2002. There are 94,983 total housing units.