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Gilbert, Arizona

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $125K, +3.0% YoY (ZIP); renters hold 26.5% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −3.8% YoY. inventory, +9.5% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $610,100 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

7 ZIPs in this city:85233 85234 85295 85296 85297 85298 85299

Median Listing Price

$610K

Population

281,769

96,912

Median Days on Market

Active Listings

808

New Listings

324

Housing Market

The median listing price is down 3.8% YoY while the median home got down 1.8% bigger, so value per square foot is down 1.5%.

Pricing

Median Listing Price

$610K-3.8% YoY

Average Listing Price

$804K-1.7% YoY

Price per Sq Ft

$283.778-1.5% YoY

Median Sq Ft

2,258-1.8% YoY

Inventory

Active Listings

808+16.6% YoY

New Listings

324+17.4% YoY

Total Listings

1,082+9.5% YoY

Buyer Competition

Pending Listings

275-7.7% YoY

Pending Ratio

0.34-20.9% YoY

Median Days on Market

57-6.2% YoY

Price Reduced

35.4%+7.8% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,884,334

1.9Munits

Occupied1,730,69691.8%

Vacant153,6388.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 1,730,696

1.7Moccupied

Owner1,127,88865.2%

Renter602,80834.8%

Renter Share

34.8%-0.4% YoY

Total Housing Units

1,884,334+1.8% YoY

FY2026 Fair Market Rent

CountyMaricopa County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,457

/month

1 BR

$1,583

/month

2 BR

$1,839

/month

3 BR

$2,452

/month

4 BR

$2,720

/month

FMR trends · Maricopa County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 26.5% of this ZIP's 96,912 occupied households, on a median household income of $125K.

Population & Age

Total Population

281,769+3.3% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 281,769

282Kresidents

Under 1879,09828.1%

Adults 18–64171,44160.8%

65 & Over31,23011.1%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

36.10+1.0% YoY

Population Under 18

79,098+0.7% YoY

Population 65 & Over

31,230+7.1% YoY

Households & Mobility

Total Households

96,912+5.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.89-1.8% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.4%

Moved (within US)13.2%

Other0.4%

Veterans

6.1%-4.2% YoY

Income & Poverty

Median Household Income

$125K+3.0% YoY

Per-Capita Income

$52K+4.5% YoY

Mean Household Income

$151K+3.0% YoY

Below Poverty Level

5.1%+2.3% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone63.0%

Public transit0.4%

Worked from home26.2%

Other10.4%

Worked From Home

26.2%+11.0% YoY

Mean Commute

26.01-1.3% YoY

Units & Tenure

Total Housing Units

100,897+5.6% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 100,897

101Kunits

Occupied96,91296.1%

Vacant3,9853.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 96,912

97Khouseholds

Owner71,20573.5%

Renter25,70726.5%

Avg Household Size — Owner

3.02-1.6% YoY

Avg Household Size — Renter

2.56-1.4% YoY

County Demographics

County population is up 1.5% to 4,559,748: residents under 18 are down 0.1% and those 65 and over are up 3.4%.

Median Age

37.62024

Population

Maricopa County Population

4,673,096+1.2% YoY

Households

Total Households

1,730,696+2.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 4,559,748

4.6Mresidents

Under 181,024,25722.5%

Adults 18–642,792,67761.2%

65 & Over742,81416.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

1,024,257-0.1% YoY

Population 65 & Over

742,814+3.4% YoY

Median Age

37.60+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.5%

Other0.6%

Veterans

6.6%-4.3% YoY

County Economy

County median household income is $89K, 11.0% of residents are below the poverty level, 20.8% work from home.

Income

Median Household Income

$89K+4.4% YoY

Per-Capita Income

$46K+4.5% YoY

Mean Household Income

$120K+4.2% YoY

Poverty

Below Poverty Level

11.0%-2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.8%

Public transit1.2%

Worked from home20.8%

Other13.2%

Worked From Home

20.8%+10.6% YoY

Mean Commute

26.00-0.4% YoY

Done with Gilbert? Put it next to another market.

State

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Gilbert, Arizona

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $125K, +3.0% YoY (ZIP); renters hold 26.5% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −3.8% YoY. inventory, +9.5% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

7 ZIPs in this city:85233 85234 85295 85296 85297 85298 85299

Median Listing Price

$610K

Population

281,769

96,912

Median Days on Market

Active Listings

808

New Listings

324

Housing Market

The median listing price is down 3.8% YoY while the median home got down 1.8% bigger, so value per square foot is down 1.5%.

Pricing

Median Listing Price

$610K-3.8% YoY

Average Listing Price

$804K-1.7% YoY

Price per Sq Ft

$283.778-1.5% YoY

Median Sq Ft

2,258-1.8% YoY

Inventory

Active Listings

808+16.6% YoY

New Listings

324+17.4% YoY

Total Listings

1,082+9.5% YoY

Buyer Competition

Pending Listings

275-7.7% YoY

Pending Ratio

0.34-20.9% YoY

Median Days on Market

57-6.2% YoY

Price Reduced

35.4%+7.8% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,884,334

1.9Munits

Occupied1,730,69691.8%

Vacant153,6388.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 1,730,696

1.7Moccupied

Owner1,127,88865.2%

Renter602,80834.8%

Renter Share

34.8%-0.4% YoY

Total Housing Units

1,884,334+1.8% YoY

FY2026 Fair Market Rent

CountyMaricopa County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,457

/month

1 BR

$1,583

/month

2 BR

$1,839

/month

3 BR

$2,452

/month

4 BR

$2,720

/month

FMR trends · Maricopa County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 26.5% of this ZIP's 96,912 occupied households, on a median household income of $125K.

Population & Age

Total Population

281,769+3.3% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 281,769

282Kresidents

Under 1879,09828.1%

Adults 18–64171,44160.8%

65 & Over31,23011.1%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

36.10+1.0% YoY

Population Under 18

79,098+0.7% YoY

Population 65 & Over

31,230+7.1% YoY

Households & Mobility

Total Households

96,912+5.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.89-1.8% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.4%

Moved (within US)13.2%

Other0.4%

Veterans

6.1%-4.2% YoY

Income & Poverty

Median Household Income

$125K+3.0% YoY

Per-Capita Income

$52K+4.5% YoY

Mean Household Income

$151K+3.0% YoY

Below Poverty Level

5.1%+2.3% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone63.0%

Public transit0.4%

Worked from home26.2%

Other10.4%

Worked From Home

26.2%+11.0% YoY

Mean Commute

26.01-1.3% YoY

Units & Tenure

Total Housing Units

100,897+5.6% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 100,897

101Kunits

Occupied96,91296.1%

Vacant3,9853.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 96,912

97Khouseholds

Owner71,20573.5%

Renter25,70726.5%

Avg Household Size — Owner

3.02-1.6% YoY

Avg Household Size — Renter

2.56-1.4% YoY

County Demographics

County population is up 1.5% to 4,559,748: residents under 18 are down 0.1% and those 65 and over are up 3.4%.

Median Age

37.62024

Population

Maricopa County Population

4,673,096+1.2% YoY

Households

Total Households

1,730,696+2.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 4,559,748

4.6Mresidents

Under 181,024,25722.5%

Adults 18–642,792,67761.2%

65 & Over742,81416.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

1,024,257-0.1% YoY

Population 65 & Over

742,814+3.4% YoY

Median Age

37.60+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.5%

Other0.6%

Veterans

6.6%-4.3% YoY

County Economy

County median household income is $89K, 11.0% of residents are below the poverty level, 20.8% work from home.

Income

Median Household Income

$89K+4.4% YoY

Per-Capita Income

$46K+4.5% YoY

Mean Household Income

$120K+4.2% YoY

Poverty

Below Poverty Level

11.0%-2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.8%

Public transit1.2%

Worked from home20.8%

Other13.2%

Worked From Home

20.8%+10.6% YoY

Mean Commute

26.00-0.4% YoY

Done with Gilbert? Put it next to another market.