New construction community in Gilbert, Arizona. 8 active listings · $700K – $895K · 2,349 – 2,762 sq ft.
New construction homes at Sheffield Place by K. Hovnanian Homes in Gilbert, Arizona range from $700K to $895K as of August 2026, with 8 active listings, based on ARMLS data.
Across the Phoenix metro, 65% of new-construction homes cut their price before selling, averaging a $27,289 reduction. 43% sold below their final list price, and the typical home took 43 days to go under contract.
Pricing, availability, and current incentives, without going through the builder's sales office.
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If you're open on location, K. Hovnanian Homes builds some of these same plans in other communities, sometimes for a lot less. The price gaps usually come down to land and location, not the house itself. Here's where each one shows up, what it runs, and how far it is from here.
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New homes at Sheffield Place have a median asking price of $825K as of August 2026, or about $319 per square foot, with prices ranging from $700K to $895K across 8 active ARMLS listings.
There are 8 new construction homes actively listed at Sheffield Place in Gilbert, AZ as of August 2026.
Across the Phoenix metro new-construction market, 65% of homes that sold cut their price before closing, averaging a $27,289 reduction, and 43% sold below their final list price. New construction is more negotiable than builder sales offices suggest.
The builder's sales team can't tell you what the resale comps look like.
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