
Gilbert and Ray Estates, AZ Housing Market
$538,023
2.1% 1-yrThe average Gilbert and Ray Estates, AZ home value is $538,023, down 2.1% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Gilbert and Ray Estates Key Takeaways
Typical Home Values: $538,023
1-Year Value Change: -2.1%
(Data through August 31, 2026)
Gilbert and Ray Estates Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Settler's Point South$549,451
- Ranchos Del Sol$900,270
- Millet Ranch$523,415
- Lamoreaux Farms$505,996
- Rancho Del Verde$509,636
- Settler's Meadow$588,734
- Lindsay Meadows$647,855
- Settler's Crossing$530,172
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Gilbert and Ray Estates Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Gilbert, AZ?
The neighborhoods with the highest median home values in Gilbert, AZ include: Weston Ranch ($1,807,004), Whitewing at Higley ($1,758,780), Calliandra Estates ($1,321,127), Circle G Ranches ($1,298,358), Ranchitos Verde ($1,155,891).
What are the most affordable neighborhoods in Gilbert, AZ?
The neighborhoods with the lowest median home values in Gilbert, AZ include: Meadowbrook Village ($223,269), Park Place Village ($338,060), Via Sorento ($351,898), Arbor Walk ($353,557), La Aldea ($385,128).
Which Gilbert, AZ neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Gilbert, AZ include: Ranchitos Verde (10.5%), Circle G Ranches (8.8%), Claxton-Harvey (7.2%), KC Ranch Estates (6.9%), El Dorado Ranchos (5.5%).

