Homes Under $500K in Gilbert, AZ

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24 of 269 Listings

Your local team in Gilbert

Carin Nguyen

Real Broker

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Kyle Wright

American Pacific Mortgage

NMLS #1236112

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New38Active
$349,000
2 bd · 3 ba · — sqft
240 W Juniper Avenue Unit 1040, Gilbert, AZ
Jessica L Vukobratovich · Real Broker
NewActive
$449,900
3 bd · 2 ba · — sqft
688 W Golden Street, Gilbert, AZ
Justin Fromstein · West USA Realty
29Active
$500,000
3 bd · 3 ba · — sqft
1210 E Marcella Lane, Gilbert, AZ
Jeffrey M Sibbach · eXp Realty

Listing data & MLS disclosures

Arizona Regional Multiple Listing Service (ARMLS): ©2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Realty.com are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Last updated: 2026-10-17 02:02:04 UTC

About Homes Under $500K in Gilbert, AZ

Homes Under $500K in Gilbert, AZ: 269 active listings as of October 17, 2026, 06:12 UTC.

Property types among these 269 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Single Family Residence	200	74.3%
Townhouse	56	20.8%

Gilbert housing market

September 2026

Selling at 98.3% of asking price

Buyers here are paying below asking. MLS · 257 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $585,000$462,000–$802,500 typical range
Price per sq. ft.: $279
Sales: 319
Paid in cash: 27.3%

Homes on the market · MLS, as of Sep 27, 2026

Median list price: $610,000
Homes for sale: 867

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: -9.7%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 2,153 sq. ft.

Gilbert, AZ community profile

Population: 284,257
Median income: $112,291
Housing units: 96,799
People per sq. mi.: 3,948
Area: 72 sq. mi.

Source: HJN community data

Homes Under $500K in Gilbert, AZ

Your local team in Gilbert

Listing data & MLS disclosures

About Homes Under $500K in Gilbert, AZ

Gilbert housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Gilbert, AZ community profile

Explore Gilbert homes

Listing data & MLS disclosures

Your local team in Gilbert

Your local team in Gilbert

Gilbert, AZ community profile

Gilbert housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026