Gilbert

Getting to know Gilbert

In 1902, William Gilbert sold land to the Arizona Eastern Railway to build a line between Phoenix and Florence, AZ. By 1920, Gilbert was incorporated. Now the town of Gilbert, AZ is one of the fastest growing communities in the United States. It has an area of 72.6 square miles, and is located just southeast of Phoenix. Originally an agricultural community, the “Hay Shipping Capital of the World,” it has developed into a successful suburban community. It has been named as the second safest city and the twenty-second best place to live in the U.S. By 2018, the population is nearly 255,000. The famous water tower still rises above downtown Gilbert, surrounded by a busy shopping and entertainment district.

Gilbert is a youthful community, with a median age of 33 years and with 71% under age 45. The school system has an average graduation rate of 90%.Younger households have a median income of $64,000, while slightly older households have a median income of $105,000.

Market Stats for Gilbert

by Price Range

General Stats

Highest Price Listing

$6,200,000

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Average Listing Price

$843,310

Total Market Listings

392

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Average Price Per Sq Ft

$325.00