95020 Housing Market
Median List Price
$1,241,444
Updated August 2026
Today, the 95020 ZIP code in Gilroy, CA has 92 homes for sale at a median list price of $1,241,444, typically selling in about 93 days.
95020 Housing Market Overview
The median list price in the 95020 ZIP code is $1.2M. That runs roughly 1.0% higher than Gilroy as a whole. Current inventory stands at 92 active listings.
Expect a median around $580,000 for two bedroom homes and $1.5M at the six bedroom end. February to July saw the median price go from $1.1M to $1M, down about 9.5%.
95020 Area 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 93 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
↑ 3% 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
4.8 months of supply
Balanced Supply92 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 ~93 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 95020 Area
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 rise significantly with each additional bedroom.
Each additional bedroom adds about $230K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$350K)
Price Reductions
34 listings have reduced their price
37% of active listings
Average reduction: 6.6% (~$82K)
Browse 95020 Listings
Frequently Asked Questions about the 95020 Housing Market
What is the median home price in the 95020 ZIP code?
The median list price in the 95020 ZIP code is $1,241,444 as of August 2026, based on 92 active listings.
Is the 95020 ZIP code a buyer's market or a seller's market?
The 95020 ZIP code currently reads as a buyer's market. Active inventory works out to about 4.8 months of supply at the recent sales pace.
How fast do homes sell in the 95020 ZIP code?
The average home currently for sale in the 95020 ZIP code has been on the market for 93 days.
Are home prices in the 95020 ZIP code going up or down?
The median sale price in the 95020 ZIP code is up about 3.1% compared with a year ago.
How many homes are for sale in the 95020 ZIP code?
There are 92 homes for sale in the 95020 ZIP code right now, including 10 listed within the last week.