$115,000
7
1Bd
1Ba
445sqft
Manufactured home for sale
Homesmart. Listing provided by ARMLS
$115,000
7
1Bd
1Ba
445sqft
Manufactured home for sale
Homesmart. Listing provided by ARMLS
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Gilbert is a balanced market, giving buyers and sellers room to negotiate. With 3.2 months of supply and homes averaging 66 days on the market, you can make decisions without the pressure of a highly competitive market.
Balanced Market
66
820
In Sep 2026 · YoY
Current rate · YoY
30-Year Fixed
30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.
View Full Gilbert Market ReportBuying a home in Gilbert typically costs around $580,000, driven by strong local demand and top-rated schools. Townhomes near the Heritage District offer options closer to the mid-$400,000s, while master-planned communities like Morrison Ranch and Agritopia command premium pricing, with baseline homes spanning the $700,000s to over $1 million.
Yes, closing costs are cheaper here because Arizona has no state real estate transfer tax. Buyer closing costs typically run between 2% and 3% of the purchase price. On a $600,000 Gilbert home, that means paying roughly $12,000 to $18,000, much less than in high-tax states.
Homeowners insurance in Gilbert averages about $2,300 a year. That is cheaper than Arizona's wildfire-heavy mountain towns, though local summer monsoon storms, hail, and high dwelling replacement costs can occasionally bump your annual premium higher.
Most master-planned communities in Gilbert, including Power Ranch, Morrison Ranch, and Seville, come with an HOA. Non-HOA options are mostly limited to the older core near 85233 or horse properties in south Gilbert. Review the CC&Rs and two years of meeting minutes before buying, since unpaid HOA fees can ultimately lead to foreclosure.
Yes, Gilbert remains more expensive than neighboring Chandler and Mesa. High demand fueled by highly rated schools and safe neighborhoods keeps home values elevated above Chandler, with Mesa trailing further behind as the most affordable option among the three.
Yes, new construction has slowed sharply because Gilbert has almost no remaining buildable residential land. With few new subdivisions breaking ground, demand funnels directly into established neighborhoods. This tight supply keeps resale home values strong, even when overall market conditions soften.
Yes, out-of-state buyers heavily drive Gilbert's $1 million-plus luxury segment. Most relocate from higher-cost markets like California, Chicago, and Seattle. They are drawn by newer custom builds, larger lots, and top-rated school districts that offer stronger family value than Scottsdale.
Based on information from the Arizona Regional Multiple Listing Service through Oct 9, 2026, 2:30 PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
1
Homes Available
$ 580,000
Median List Price
66 Days
Avg on Market
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