Gilbert – Arizona
Gilbert – Arizona
As of mid-2025, the Gilbert housing market—mirroring broader trends across the Valley—exhibits high liquidity and measured volatility. While nominal home values have experienced slight year-over-year depreciation, these corrections are consistent with macroeconomic cooling and are not indicative of systemic weakness.
Supply levels have increased modestly, expanding available inventory, yet underlying demand continues to exceed long-term averages. This has resulted in a market that remains undersupplied on a historical basis, though less acutely than in recent years.
The current environment reflects a phase of economic normalization: no signs of speculative inflation, no distress-driven selloffs. Instead, the market is adjusting to elevated interest rates and affordability constraints.
For buyers, this represents a favorable entry point—particularly for those with strong credit or cash flexibility. The market is moderately balanced, with a marginal advantage shifting toward value-conscious, data-driven buyers.
MARKET DATA
(MLS Sales Closed from Jan. 1, 2025 to Jun. 30, 2025)
SINGLE FAMILY DETACHED HOMES ONLY
MEDIAN PRICE: | $592,000 |
AVG PRICE: | $710,000 |
HOMES CLOSED: | 1466 |
AVG SQ. FT: | 2450 |
Based on information from Arizona Regional MLS for the period
