Why Live in Power Ranch
Power Ranch in Gilbert, Arizona, is a well-maintained neighborhood managed by a homeowners association that organizes community events and ensures neighborhood upkeep. The area features early 2000s single-family homes with Spanish-style details, including stucco facades and clay-tiled roofs, ranging from three to six bedrooms and 1,500 to 4,500 square feet. Townhomes built in the 2010s offer two to three bedrooms and 1,300 to 1,400 square feet. The neighborhood is known for its tree-shaded streets, grassy front yards, and low-water plantings like agave and yucca palms. Power Ranch boasts numerous parks connected by paved trails, including the Barn & Trailside Community Park with a community center, fishing lake, and pool. Other amenities include tennis courts, soccer fields, and the nearby Power Ranch Golf Club. The 272-acre Gilbert Regional Park, located two miles away, offers extensive recreational facilities. Local retail options include the Plaza at Power Ranch Marketplace with restaurants like Sage & Barrel Craft Eatery and TC's Pub & Grub. For more extensive shopping, SanTan Village is about 5 miles away. The neighborhood hosts various events at The Barn, such as Bingo Night and seasonal celebrations. Route 202 is 5 miles away, providing access to Phoenix, 30 miles away, and downtown Gilbert, 11 miles away. Schools in the Higley Unified School District are highly rated, with Centennial Elementary, Power Ranch Elementary, Sossaman Middle, and Higley High all receiving high marks. The area has a low crime risk compared to the national average.
Home Trends in Power Ranch, AZ
On average, homes in Power Ranch, Gilbert sell after 41 days on the market compared to the national average of 51 days. The median sale price for homes in Power Ranch, Gilbert over the last 12 months is $500,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$500,000
Median Single Family Sale Price
$528,950
Median Townhouse Sale Price
$366,770
Average Price Per Sq Ft
$261
Number of Homes for Sale
44
Last 12 months Home Sales
141
Median List Price
$535,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-4%