Gilroy, CA Housing Market
Median List Price
$1,235,000
Updated August 2026
Today, Gilroy has 94 homes for sale at a median list price of $1,235,000, typically selling in about 91 days.
Gilroy Market Analysis
Buyers in Gilroy, CA are looking at a median list price of $1.2M. On a per square foot basis, the median runs $527. Since February, the median price has moved down about 9.5% to $1M as of July.
It takes about 20 days for the typical home here to go under contract. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Gilroy, CA has 94 active listings on the market right now. 28 new listings came on the market in the last 30 days.
Pricing spreads from a $589,750 median for two bedroom homes to $1.5M for six bedroom homes. Most of what is for sale here is single family homes, about 81.9% of the mix. Gilroy, CA sits within the 95020 ZIP code.
Gilroy Rental Market
Renters in Gilroy, CA are looking at a median asking rent of $3,750. Since August 2025, the median rent has moved up about 2.2% to $2,350 as of March 2026. Gilroy, CA has 5 active rental listings on the market right now.
Gilroy Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 42% versus six months ago, yet the typical home takes about 91 days to sell, and 37% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.24M
↓ 5% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.9 months of supply
Balanced Supply94 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~91 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 42% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 45% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Gilroy
Homeownership is higher than average, and most households in this area own rather than rent.
63%
Homeowners
37%
Renters
Homeownership is 7.5 points higher than the California average (55.5%)
16,916 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $213K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$386K)
Price Reductions
35 listings have reduced their price
37% of active listings
Average reduction: 6.6% (~$82K)
Browse Gilroy Listings
Frequently Asked Questions about the Gilroy, CA Housing Market
What is the median home price in Gilroy, CA?
The median list price in Gilroy is $1,235,000 as of August 2026, based on 94 active listings.
Is Gilroy a buyer's market or a seller's market?
Gilroy currently reads as a balanced market. Active inventory works out to about 4.9 months of supply at the recent sales pace.
How fast do homes sell in Gilroy?
Homes that closed in the last 90 days typically went under contract in about 20 days. The average home currently for sale has been on the market for 91 days.
Are home prices in Gilroy going up or down?
The median sale price in Gilroy is down about 5.5% compared with a year ago.
How many homes are for sale in Gilroy, CA?
There are 94 homes for sale in Gilroy right now, including 9 listed within the last week.
What is the median rent in Gilroy?
The median asking rent in Gilroy is $3,750 per month, across 5 active rental listings.