Gilbert AZ Homes for Sale
With 248,279 people, 75,509 houses or apartments, and a median cost of homes of $384,203, Gilbert house prices are not only among the most expensive in Arizona, Gilbert real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Gilbert, accounting for 86.28% of the town’s housing units. Other types of housing that are prevalent in Gilbert include large apartment complexes or high rise apartments ( 9.57%), row houses and other attached homes ( 2.52%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.19%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gilbert. Owner-occupied housing accounts for 72.56% of Gilbert’s homes, and 71.01% have either three or four bedrooms, which is average sized relative to America.
Gilbert homes and real estate are some of the newest in America. 54.90% of Gilbert’s housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Gilbert real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.94%), and between 1940-1969 ( 1.01%).
GILBERT HOME APPRECIATION RATES
In the last 10 years, Gilbert has experienced some of the highest home appreciation rates of any community in the nation. Gilbert real estate appreciated 87.43% over the last ten years, which is an average annual home appreciation rate of 6.48%, putting Gilbert in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Gilbert definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Gilbert that despite a nationwide downturn in the housing market, Gilbert real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gilbert appreciation rates continue to be some of the highest in America, at 6.75%, which is higher than appreciation rates in 72.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gilbert. Gilbert appreciation rates in the latest quarter were at 1.90%, which equates to an annual appreciation rate of 7.83%.
Relative to Arizona, our data show that Gilbert’s latest annual appreciation rate is lower than 60% of the other cities and towns in Arizona. Info:https://www.neighborhoodscout.com/az/gilbert/real-estate#description
Find real estate for sale in Gilbert and surrounding areas by selecting from our results below, or by entering your search criteria.
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Gilbert, AZ Homes for Sale $100,000 – $200,000
Gilbert, AZ Homes for Sale $200,000 – $300,000
Gilbert, AZ Homes for Sale $300,000 – $400,000
Gilbert, AZ Homes for Sale $400,000 – $500,000
Gilbert, AZ Homes for Sale $500,000 – $600,000
Gilbert, AZ Homes for Sale $600,000 – $700,000
Gilbert, AZ Homes for Sale $700,000 – $800,000
Gilbert, AZ Homes for Sale $800,000 – $900,000
Gilbert, AZ Homes for Sale $900,000 – $1,000,000