Why Live in Morrison Ranch
Morrison Ranch in Gilbert, Arizona, is a community that combines small-town charm with modern amenities. Built around the historic Four Grains Silos, this neighborhood retains a rural feel while offering contemporary conveniences. The area is named after the Morrison family, who have farmed in Gilbert for over a century. The community features traditional, ranch, and Mediterranean-style homes, as well as townhomes, apartments, and assisted living facilities. Each neighborhood within Morrison Ranch, such as Lakeview Trails with its tree-lined streets and white rail fences, and Highland Groves with its apartment homes, maintains a unique character. Morrison Town Center provides local shopping and dining options, while Vertuccio Farms offers community events and farm activities. Year-round events like the Fall Festival and Arbor Day Celebration foster a strong sense of community. The neighborhood is dotted with green spaces and parks, including Morrison Ranch Lake, which hosts events like Youth Fishing Day. Gilbert Public Schools serve the area, with additional options for charter, private, and faith-based education. The crime rate in Morrison Ranch is lower than the national average, contributing to a sense of security for residents.
Home Trends in Morrison Ranch, AZ
On average, homes in Morrison Ranch, Gilbert sell after 46 days on the market compared to the national average of 51 days. The median sale price for homes in Morrison Ranch, Gilbert over the last 12 months is $585,900, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$585,900
Median Single Family Sale Price
$605,000
Median Townhouse Sale Price
$434,990
Average Price Per Sq Ft
$287
Number of Homes for Sale
82
Last 12 months Home Sales
297
Median List Price
$630,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%