Housing in Gilbert, AZ has been on the rise over the last year. The median value for homes in Gilbert is currently at $560,600, which is significantly higher than the national average of $338,100. Home prices have also seen an increase of 9.89% in the last year, which is higher than the national appreciation rate of 8.27%. This indicates that housing prices are continuing to go up in Gilbert, making it a desirable place to invest and live.
The median home cost in Gilbert is $560,600. Home appreciation the last 10 years has been 199.7%. Home Appreciation in Gilbert is up 21.6%.
Average Age of Homes
- The median age of Gilbert real estate is 16 years old
The Rental Market in Gilbert
- Renters make up 26.7% of the Gilbert population
- 1.0% of houses and apartments in Gilbert, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.