Photo: Sanfranman59 · CC BY-SA 3.0345 homes sold in Gilroy in the last year, at a typical $1.1M
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gilroy homes are listed.
Every place Gilroy homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Gilroy.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
6% of Gilroy’s sales are condos, at $592K less than a house
308 houses and 21 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 308 sold in 12 months
- Per square foot
- $512CA $494
- Days to sell
- 26
- Sold over asking
- 45%
- Listings with a price cut
- 30%
typical sale · 21 sold in 12 months
- Per square foot
- $491CA $561
- Days to sell
- 49
- Sold over asking
- 29%
- Listings with a price cut
- 32%
Multi-family (2–4 units): 3 sold, typical $1M
Townhouses: 13 sold, typical $701K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
345 sales in the last year, against 669 in 2021 and a low of 327 in 2025. The typical sale went from $652K in 2016 to $1.1M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.1M buys in Gilroy
Check a listing against what Gilroy homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Gilroy are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Gilroy’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 345 sales.
If you’re buying in Gilroy
- Shop in August. It brings about 52 new listings a month, close to the busiest month, with fewer bidding wars (52% over asking).
- You can negotiate. 30% of listings have cut their price, against 21% before the pandemic.
- Bid near asking. Buyers paid 100.2% of the list price on average; 46% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 27 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 64 a month), and the most competition: 63% close over asking. July and August offer nearly as much choice with fewer homes bid up (57%). December has the least competition (43%) but only about 23 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than California
| Gilroy now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 46% | 49% | 78% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 43% | 65% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 21% | 14% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 100.2% | 100.3% | 104.9% | 99.7% |
| Days to sellMedian days from listing to contract | 27 | 36 | 16 | 44 |
64 homes for sale on a typical day
That’s 1.3 times the 2021 low (50), 29% fewer than in 2017–19 and well under 2016’s 113.
1 in 3 listings has cut its price
30% in the last year, against 21% in 2017–19 and 24% across California. More sellers are pricing high and coming down.
Since 2019, houses are up 48%, condos 24%
A house typically sold for $1.1M in the last year (308 sales), a condo for $544K (21).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Gilroy ranks 128th of 555 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Gilroy is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Gilroy home costs about $6,457 a month
Price: Gilroy’s typical sale, last 12 months. Property tax at Gilroy’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gilroy is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 23.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1.1M home, about $9,060 a year.
Taxes vs. neighborsSchools
The schools grade for Gilroy, from test results, graduation and how much students grow.
Schools in GilroyCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Hollister sells for less a square foot; San Martin for far more
The busier markets within 25 miles of Gilroy, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Morgan Hill | 425 | $1.3M | $625 | 43% | 29 |
| Gilroy | 345 | $1.1M | $508 | 46% | 27 |
| Hollister | 285 | $728K | $407 | 32% | 41 |
| Watsonville | 144 | $683K | $504 | 31% | 39 |
| Prunedale | 115 | $914K | $494 | 31% | 33 |
| San Martin | 30 | $1.9M | $830 | 23% | 345 |
| Interlaken | 25 | $1M | $622 | 40% | 274 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Gilroy, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gilroy. People who follow the town see it, and so do people comparing Gilroy with their own town. No commission, no listing fee.
Questions about buying a home in Gilroy
What do homes sell for in Gilroy, CA?
345 homes sold in the year to May 2026 at a typical $1.1M, $508 a square foot. Houses sold for about $1.1M, condos for about $544K.
Is Gilroy a buyer’s or seller’s market?
A seller’s market: 76 homes were for sale in May 2026 and 27 sold, about 2.8 months of supply. Buyers paid 100.2% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Gilroy?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Gilroy?
About 0.8% of a home’s value a year. On a $1.1M home that’s near $9,060.
Where can I see homes for sale in Gilroy?
Zillow, Redfin, Realtor.com and Homes.com all carry Gilroy’s MLS listings; the search links above open each one filtered to Gilroy.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).