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Gilbert, AZ Real Estate


According to census data in the year 2000 there were 37,052 housing units in Gilbert. This represents a 247.7% growth from 10,655 in 1990.

Of those housing units, 36,759 were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.

Homeownership rate in Gilbert is about 84.9%. Gilbert's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 3.1 people.

The majority of houses, apartments or condos in Gilbert were built after 1995.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom4%
Two Bedrooms11.70%
Three Bedrooms41.50%
Four Bedrooms32%
Five Bedrooms or more10.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.18
Median year structure was built1996
Median Value of occupied units$157,300
Median Price asked for vacant units$171,100

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1990
Median Monthly Rent asked for vacant units$695

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage13.50%
Home Equity Loan11.40%
Simple Mortgage68.30%
Debt Free6.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%