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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Gila Bend, AZ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Gila Bend, AZ Housing Market Trends

With 1,876 people, 716 houses or apartments, and a median cost of homes of $145,684, house prices in Gila Bend are solidly below the national average.

Single-family detached homes are the single most common housing type in Gila Bend, accounting for 70.83% of the town's housing units. Other types of housing that are prevalent in Gila Bend include mobile homes or trailers ( 22.73%), duplexes, homes converted to apartments or other small apartment buildings ( 2.65%), and a few row houses and other attached homes ( 2.15%).

The most prevalent building size and type in Gila Bend are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.71% owning and 37.29% renting.

There is a lot of housing in Gila Bend built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Gila Bend built between 1940-1969 ( 34.97%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.61%).

Gila Bend Home Appreciation Rates

In the last 10 years, Gila Bend has experienced some of the highest home appreciation rates of any community in the nation. Gila Bend real estate appreciated 131.05% over the last ten years, which is an average annual home appreciation rate of 8.74%, putting Gila Bend in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Gila Bend definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Gila Bend appreciation rates have trailed the rest of the nation. In the last twelve months, Gila Bend's appreciation rate has been -2.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gila Bend were at 0.45%, which equates to an annual appreciation rate of 1.81%.

Relative to Arizona, our data show that Gila Bend's latest annual appreciation rate is lower than 90% of the other cities and towns in Arizona.

Average Home Values

Median Home Value

$145,684

Gila Bend, AZ Home Prices
> $1,218,000
$913,001 - $1,218,000
$609,001 - $913,000
$487,001 - $609,000
$365,001 - $487,000
$244,001 - $365,000
$121,001 - $244,000
$61,001 - $121,000
$0 - $61,000
0.0%
0.0%
0.0%
0.0%
4.8%
4.8%
0.0%
0.0%
0.0%
0.0%
0.2%
0.2%
74.7%
74.7%
7.9%
7.9%
12.5%
12.5%
0% 100.0%
% of Homes
Low

for Arizona

Very Low

for nation

Number of Homes And Apartments:

716

Gila Bend Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,539 / per month

Homeownership Rate

Owners
Renters
62.7%
62.7%
37.3%
37.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.6%
9.6%
90.4%
90.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.6%
10.6%
54.4%
54.4%
35.0%
35.0%
0.0%
0.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.8%
70.8%
2.1%
2.1%
2.7%
2.7%
1.6%
1.6%
22.7%
22.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.0%
2.0%
9.5%
9.5%
17.0%
17.0%
55.8%
55.8%
15.7%
15.7%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Gila Bend

Popular Communities Near Gila Bend, AZ

Zip Codes in Gila Bend, AZ