Mortgages in Gilbert, AZ

The East Valley's family-suburb success story - top-rated schools, master-planned communities, and a revitalized Heritage District downtown anchoring one of the Phoenix metro's most in-demand housing markets.

Median list price
$582,234
Apr 2026
Days on market
43
median
Year over year
-4.9%
list price

The Gilbert market right now

Aggregated across 6 Gilbert ZIP codes, as of Apr 2026.

Median list price
$582,234
Median days on market
43 days
Active inventory
753
New listings this month
436
% with price drops
60.6%
Median $/sqft (list)
$299

Data: Realtor.com Research. List prices are down 4.9% year-over-year — a softer market favoring buyers willing to negotiate.

What it costs to buy in Gilbert

2026 conforming loan limit
$832,750
Maricopa County
Median list vs limit
70%
Median fits conforming
Median property tax paid
$2,381
Annual, owner-occupied (ACS)
Owner-occupancy rate
73.9%
of occupied housing units

Loan limits from FHFA. Property tax and owner-occupancy from U.S. Census ACS 5-year (2023).

Neighborhoods we serve in Gilbert

Heritage District (Downtown Gilbert)

mid

Walkable historic downtown core; restaurants, breweries, lofts and townhomes

Ongoing downtown revitalization and infill development

Seville

luxury

Established master-planned community with golf and country club

Seville Golf & Country Club, family-oriented luxury

Power Ranch

mid

Large master-planned community with lakes, trails, and community centers

Family-focused amenities, top-rated schools

Trilogy at Power Ranch

mid

Active-adult 55+ gated community within Power Ranch

Resort-style amenities for 55+ buyers

Agritopia

mid

Urban agriculture village; working farm at the center, walkable mixed-use

One of the country's best-known agrihoods

Adora Trails

mid

Newer master-planned community in southeast Gilbert with trails and pools

Spectrum at Val Vista

entry

Established neighborhood near Val Vista corridor; entry-level and starter homes

Stratland Estates

mid

Quiet residential pocket in central Gilbert; established single-family homes

Layton Lakes

mid

Master-planned community straddling Gilbert/Chandler with lakes and parks

Schools that Gilbert buyers ask about

Primary public district: Gilbert Public Schools (GPS).

  • Highland High School
    high · public · GPS
    GPS flagship; consistent top performer in East Valley
  • Mesquite High School
    high · public · GPS
  • Gilbert High School
    high · public · GPS
    Original Gilbert high school; historic Tigers program
  • Campo Verde High School
    high · public · GPS
  • Williams Field High School
    high · public · HUSD
    Higley district flagship; serves southeast Gilbert
  • Higley High School
    high · public · HUSD
  • BASIS Mesa
    k-12 · charter
    Nationally ranked BASIS charter located in adjacent Mesa; draws Gilbert families (verify current US News rank before citing specifics)

School letter grades from Arizona Department of Education.

Why people move to Gilbert

Climate

3,872 sunshine hours per year~300 sunny days86% of possible sunshineAvg July high: 106°F · Jan low: 45°F

Source: NOAA / NWS Phoenix climate normals.

The Phoenix-area mortgage market by the numbers

HMDA 2023 county-level data for Maricopa County.

Mortgages originated
148,325
in 2023
Total dollar volume
$49.8B
Conventional share
74.5%
FHA share
17.0%
VA share
8.2%
Denial rate
25.7%
denied vs originated

Source: Consumer Financial Protection Bureau HMDA Data Browser. Maricopa County aggregate; Gilbert-specific tract data available on request.

Major employers headquartered in Gilbert

Banner Gateway Medical Center
Hospital / healthcare
Footprint
Sustainable fiber-based packaging
Mercury Air Group / Northrop Grumman Gilbert campus
Aerospace and defense

Latest from around Gilbert

Headlines aggregated from local news feeds, refreshed May 28.

Working with a local lender matters in Gilbert

We close mortgages across the Phoenix area in 14 days on average from our Scottsdale office. We know what underwriters look for on a Gilbert property — from HOA disclosures and short-term rental rules to local taxes and conforming-loan-limit thresholds.

Also serving the Phoenix metro

Other Phoenix-metro cities we serve from our Scottsdale office:

  • Chandler
  • Mesa
  • Queen Creek
  • Tempe

About this page

Market and demographic data on this page is sourced from federal datasets and public research. Numbers refresh on the cadence shown.

  • Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data — refreshed annual · source
  • U.S. Census Bureau, American Community Survey (5-year) — refreshed annual · source
  • NOAA / National Weather Service climate normals — refreshed static · source
  • Local news (Scottsdale Progress, KTAR, 12 News, ABC15, Rose Law Group Reporter) — refreshed weekly
  • Federal Housing Finance Agency Conforming Loan Limits — refreshed annual · source
  • Realtor.com Research — refreshed monthly · source
  • ASU W.P. Carey School of Business, Cactus League Economic Impact Study — refreshed annual · source

Snapshot generated May 28, 2026.