Homes For Sale in Gilbert, Arizona: What You Need to Know in 2023
Gilbert: An Introduction
Gilbert, Arizona is a rapidly growing suburb of Phoenix, located in the southeast corner of the Valley of the Sun. Boasting a population of just under 250,000, it is the sixth-largest municipality in the state. With its low cost of living, excellent school system and proximity to Phoenix, it has become a popular place to live for families and young professionals alike.
The Housing Market in Gilbert, Arizona
The real estate market in Gilbert is largely driven by the steady influx of new residents. Over the last decade, the demand for homes in Gilbert has grown steadily. As of the first quarter of 2023, the median home price in Gilbert was $398,000. That’s an increase of 6.8% from the same period in 2022.
What Types of Homes are Available in Gilbert?
Gilbert has a diverse housing market. The majority of homes in the area are single-family dwellings, but there are also a number of townhouses and condominiums available. The median list price for single-family homes in Gilbert was $440,000 as of the first quarter of 2023, while the median list price for townhomes and condos was $339,000.
What Amenities are Available in Gilbert?
Gilbert is a vibrant and active community. The area features a number of parks and recreational facilities, including the Freestone Park and the Riparian Preserve at Water Ranch. Gilbert also offers a variety of shopping, dining and entertainment options.
Why Buy a Home in Gilbert?
Buying a home in Gilbert is an excellent choice for those looking for an affordable and vibrant place to live. With its excellent school system, low cost of living and proximity to Phoenix, it is an attractive option for both first-time buyers and those looking to downsize.
How to Find a Home in Gilbert
The best way to find a home in Gilbert is to work with a local real estate agent who knows the area and can guide you through the process. A real estate agent can help you find the right home for your needs, as well as negotiate the best price.
Conclusion
Gilbert, Arizona is a great place to buy a home. With its excellent school system, low cost of living and proximity to Phoenix, it is an attractive option for both first-time buyers and those looking to downsize. The best way to find a home in Gilbert is to work with a local real estate agent who knows the area and can guide you through the process.