Housing Market Report for Gilbert, AZ

This housing market report uses absorption rates to track supply and demand for Gilbert, AZ. With 3.5 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 26, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$325k – $350k

Absorption rate of 1.8, with 0.5 months of inventory.

Coolest Segment ❄️
$2.25m – $2.5m

With 13.5 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

82 active listings with 183 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3.4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
225k-250k 1 0.2 0 Seller's
300k-325k 1 1 0.2 6 Balanced
325k-350k 1 11 5 1.8 0.5 Seller's
350k-375k 4 21 3 0.9 1.1 Seller's
375k-400k 10 40 3 0.7 1.5 Seller's
400k-425k 30 50 10 0.3 3.6 Balanced
425k-450k 52 94 7 0.3 3.3 Balanced
450k-475k 43 85 11 0.3 3 Balanced
475k-500k 60 111 15 0.3 3.2 Balanced
500k-550k 82 183 23 0.4 2.7 Seller's
550k-600k 85 156 15 0.3 3.3 Balanced
600k-650k 107 166 20 0.3 3.9 Balanced
650k-700k 57 100 13 0.3 3.4 Balanced
700k-750k 54 97 15 0.3 3.3 Balanced
750k-800k 37 55 3 0.2 4 Balanced
800k-850k 31 58 6 0.3 3.2 Balanced
850k-900k 22 45 6 0.3 2.9 Seller's
900k-950k 19 32 3 0.3 3.6 Balanced
950k-1m 15 26 2 0.3 3.5 Balanced
1m-1.1m 18 43 8 0.4 2.5 Seller's
1.1m-1.2m 20 28 3 0.2 4.3 Balanced
1.2m-1.3m 15 28 5 0.3 3.2 Balanced
1.3m-1.4m 11 16 4 0.2 4.1 Balanced
1.4m-1.5m 7 8 1 0.2 5.3 Balanced
1.5m-1.6m 11 10 1 0.2 6.6 Buyer's
1.6m-1.7m 8 15 2 0.3 3.2 Balanced
1.7m-1.8m 7 11 2 0.3 3.8 Balanced
1.8m-1.9m 4 11 0.5 2.2 Seller's
1.9m-2m 5 8 1 0.3 3.8 Balanced
2m-2.25m 9 8 1 0.1 6.8 Buyer's
2.25m-2.5m 9 4 0.1 13.5 Buyer's
2.5m-2.75m 4 2 1 0.1 12 Buyer's
2.75m-3m 5 3 1 0.1 10 Buyer's
3m-3.5m 3 3 3 0.2 6 Balanced
3.5m-4m 1 0
4m-4.5m 4 0
4.5m-5m 1 0
5m-6m 3 2 0.1 9 Buyer's
6m-7m 1 0
8m-9m 1 0
10m-11m 1 0
16m-17m 1 0
19m-20m 1 0

Townhouses

Hottest Segment 🔥
$350k – $375k

Absorption rate of 0.8, with 1.2 months of inventory.

Coolest Segment ❄️
$550k – $600k

With 36 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$325k – $350k

9 active listings with 15 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 0
225k-250k 3 1 0.1 18 Buyer's
250k-275k 2 2 0.2 6 Balanced
275k-300k 2 6 3 0.5 2 Seller's
300k-325k 5 3 0.1 10 Buyer's
325k-350k 9 15 3 0.3 3.6 Balanced
350k-375k 3 15 0.8 1.2 Seller's
375k-400k 8 14 1 0.3 3.4 Balanced
400k-425k 9 8 2 0.1 6.8 Buyer's
425k-450k 9 8 2 0.1 6.8 Buyer's
450k-475k 6 3 1 0.1 12 Buyer's
475k-500k 7 3 0.1 14 Buyer's
500k-550k 1 5 1 0.8 1.2 Seller's
550k-600k 6 1 0 36
600k-650k 3 0
650k-700k 1 0
700k-750k 1 0
1.1m-1.2m 1 1 0.2 6 Balanced

Condos

Hottest Segment 🔥
$250k – $275k

Absorption rate of 0.8, with 1.2 months of inventory.

Coolest Segment ❄️
$200k – $225k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

1 active listings with 5 sold in the last 6 months.

Market Overview
All Segments

With 12 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 0
200k-225k 3 1 0.1 18 Buyer's
225k-250k 4 2 1 0.1 12 Buyer's
250k-275k 1 5 0.8 1.2 Seller's
275k-300k 4 0
300k-325k 2 0
325k-350k 1 0

Land

Hottest Segment 🔥
$650k – $700k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$1.1m – $1.2m

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$650k – $700k

1 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 6 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
275k-300k 1 0.2 0 Seller's
425k-450k 1 0
500k-550k 1 0.2 0 Seller's
550k-600k 1 1 0.2 6 Balanced
600k-650k 1 0.2 0 Seller's
650k-700k 1 2 1 0.3 3 Balanced
700k-750k 1 2 0.3 3 Balanced
750k-800k 1 1 1 0.2 6 Balanced
850k-900k 1 2 1 0.3 3 Balanced
900k-950k 1 2 0.3 3 Balanced
1m-1.1m 4 0
1.1m-1.2m 2 1 0.1 12 Buyer's
1.2m-1.3m 1 1 0.2 6 Balanced
1.3m-1.4m 2 1 0.1 12 Buyer's
1.7m-1.8m 1 0.2 0 Seller's
1.8m-1.9m 1 0
2m-2.25m 1 0
3m-3.5m 1 0.2 0 Seller's

Neighboring Cities

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