Why Live in Downtown Gilbert
Downtown Gilbert, also known as the Heritage District, is a vibrant neighborhood located roughly 25 miles from Phoenix in the Southeast Valley. This walkable urban area is a popular destination for shopping, dining, and entertainment, featuring locally owned boutiques, eateries, cocktail bars, and breweries. Residents enjoy a live, work, and play lifestyle with homes dating from the early 1900s to recent constructions. The neighborhood offers a variety of things to do, including dining at Joe’s Real BBQ, enjoying a night out at The White Rabbit speakeasy, or visiting O.H.S.O Brewery, which is dog-friendly. Water Tower Plaza, with its iconic 230-foot-tall water tower, serves as the main greenspace, hosting community events like the Gilbert Farmers Market. For outdoor activities, residents can visit the 88-acre Freestone District Park or the 110-acre Riparian Preserve at Water Ranch. Cultural attractions include HD South, the Gilbert Museum, and the Hale Centre Theatre. The neighborhood is part of the Gilbert Public School District, with highly rated schools such as Gilbert Elementary and Mesquite Junior High. Residential streets are lined with sidewalks, making it easy to walk to downtown amenities. Homes range from early 1900s traditional styles to modern Spanish-style houses. Gilbert Road is the main thoroughfare, connecting residents to major highways and public transportation. Banner Gateway Medical Center is 6 miles northeast, and Phoenix-Mesa Gateway Airport is 10 miles east.
Home Trends in Downtown Gilbert, AZ
On average, homes in Downtown Gilbert, Gilbert sell after 46 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Gilbert, Gilbert over the last 12 months is $525,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$525,000
Median Single Family Sale Price
$535,000
Median Townhouse Sale Price
$355,000
Median 2 Bedroom Sale Price
$360,000
Average Price Per Sq Ft
$306
Number of Homes for Sale
53
Last 12 months Home Sales
284
Median List Price
$549,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-3%