New construction community in Gilbert, Arizona. 6 active listings · $700K – $850K · 2,349 – 2,762 sq ft.
New construction homes at Sheffield Place by K. Hovnanian Homes in Gilbert, Arizona range from $700K to $850K as of October 2026, with 6 active listings, based on ARMLS data.
Across the Phoenix metro, 67% of new-construction homes cut their price before selling, averaging a $27,581 reduction. 42% sold below their final list price, and the typical home took 47 days to go under contract.
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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 $823K as of October 2026, or about $308 per square foot, with prices ranging from $700K to $850K across 6 active ARMLS listings.
There are 6 new construction homes actively listed at Sheffield Place in Gilbert, AZ as of October 2026.
Across the Phoenix metro new-construction market, 67% of homes that sold cut their price before closing, averaging a $27,581 reduction, and 42% sold below their final list price. New construction is more negotiable than builder sales offices suggest.
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