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By Megan & Jason Williams, REALTORS® · 18 years, 700+ homes sold · See our track record · Updated
Quick answer: As of November 2026, Gilbert is a balanced market. There are 1,066 single-family homes for sale and 673 sold in the last 90 days, which is about 4.8 months of supply. Homes that sold averaged an asking price of $731,000, or about $295 per square foot.
Gilbert housing market at a glance
| What we measured | Gilbert right now | What it means for you |
|---|---|---|
| Homes for sale | 1,066 | How much choice buyers have today. |
| Homes sold, last 90 days | 673 (about 224 a month) | How fast buyers are snapping homes up. |
| Months of supply | 4.8 months | If no new homes were listed, this is how long it would take to sell them all. Under 4 favors sellers, over 6 favors buyers. |
| Average asking price, homes that sold | $731,000 | A realistic picture of what a typical home here goes for. |
| Average asking price, homes for sale now | $863,000 | Pulled up by a few very expensive listings, so the sold number above is the better guide. |
| Price per square foot, sold vs. for sale | $295 sold / $307 asking | Sellers are asking more than recent buyers paid, so there is usually room to negotiate. |
| New builds (2026 or newer) | 47 homes, about 4% of listings | Mostly resale homes here; new builds are a small slice. |
Source: Arizona Regional MLS single-family listings on FindAZValleyHomes.com, pulled November 12, 2026. Homes for sale includes listings that already have an accepted offer and are taking backups. Sold = closed in the last 90 days. Figures change daily.
Is Gilbert a buyer's or seller's market right now?
With about 4.8 months of supply, Gilbert is a balanced market. Neither side has the upper hand. Buyers have choices and room to negotiate on homes that sit, and well-priced homes still sell.
If you are buying: Look at how long a home has been listed. Homes that have sat for a few weeks are where price cuts and seller-paid closing costs happen.
If you are selling: Price to the sold numbers, not the asking prices around you. Buyers and their agents compare your home to what actually closed in the last 90 days, and a home priced right in the first two weeks gets the most attention.
How much house does your budget buy in Gilbert?
| Price range | Homes for sale | Share of the market |
|---|---|---|
| Under $500,000 | 256 | 24% |
| $500,000 - $750,000 | 483 | 45% |
| $750,000 - $1 million | 152 | 14% |
| Over $1 million | 175 | 16% |
Source: Arizona Regional MLS single-family listings on FindAZValleyHomes.com, pulled November 12, 2026. Homes for sale includes listings that already have an accepted offer and are taking backups. Sold = closed in the last 90 days. Figures change daily.
Picture a family moving from Ohio with a $750,000 budget and a list of schools. In Gilbert that budget sits in the busiest price range, with about 483 homes listed between $500,000 and $750,000. Finding a home is not the hard part. Knowing which ones are priced right is, and that is what the sold numbers on this page are for.
How does Gilbert compare with nearby cities?
These are the six cities we cover, measured the same way on the same day, so you can compare them fairly.
| City | Homes for sale | Sold, last 90 days | Months of supply | Sold homes, price per sq ft | Market |
|---|---|---|---|---|---|
| Gilbert | 1,066 | 673 | 4.8 | $295 | Balanced market |
| Chandler | 713 | 521 | 4.1 | $302 | Balanced market |
| Queen Creek | 706 | 317 | 6.7 | $285 | Buyer's market |
| Mesa | 1,572 | 1,021 | 4.6 | $273 | Balanced market |
| San Tan Valley | 1,103 | 543 | 6.1 | $215 | Buyer's market |
| Apache Junction | 352 | 195 | 5.4 | $268 | Balanced market |
Source: Arizona Regional MLS single-family listings on FindAZValleyHomes.com, pulled November 12, 2026. Homes for sale includes listings that already have an accepted offer and are taking backups. Sold = closed in the last 90 days. Figures change daily.
Why trust this report?
Our office is on Val Vista Drive in Gilbert, and we have lived here ourselves. We moved from the Detroit area to Arizona in 2008, so we know what it is like to buy a home in a city you have only seen online. We pull these numbers straight from the MLS ourselves instead of copying a national website, and we explain what they mean for your move in plain English. See the homes we have sold.
Keep exploring Gilbert
- See every home for sale in Gilbert
- New construction homes in Gilbert
- Moving to Gilbert: our relocation guide
- Homes with assumable loans (lower interest rates)
- Market reports for all six cities
Gilbert housing market FAQ
Is Gilbert a buyer's or seller's market right now?
As of November 2026, Gilbert is a balanced market, with about 4.8 months of supply: 1,066 homes for sale and 673 sold in the last 90 days.
What is the average home price in Gilbert, AZ?
Single-family homes that sold in Gilbert in the last 90 days had an average asking price of about $731,000, or $295 per square foot. Homes for sale now average $863,000, but a handful of luxury listings pull that number up.
Are Gilbert home prices going down?
Homes for sale are asking about $307 per square foot, while homes that sold were listed at about $295. When asking prices run ahead of sold prices, sellers are testing the market and buyers can often negotiate.
How many new construction homes are for sale in Gilbert?
There are 47 single-family homes built in 2026 or later for sale in Gilbert, about 4% of all listings. Bring your own agent to the model home on your first visit so you have someone representing you, not the builder.
Should I buy a home in Gilbert now or wait?
In a balanced market, waiting rarely buys you a better deal on its own. The better move is to know the sold prices, negotiate on homes that have been listed a while, and lock in a payment you are comfortable with. Call or text Megan & Jason Williams at 480-618-1890 to talk through your budget.
Thinking about buying or selling in Gilbert?
We will send you a free list of homes that match your budget, or a pricing report for your home based on what actually sold on your street.