St. Mary's Church of Gilberts · Photo: Smallbones · Public domain116 homes sold in Gilberts in the last year, at a typical $407K
Houses and condos split the market almost evenly. 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 Gilberts homes are listed.
Every place Gilberts 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 Gilberts.
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.
Houses are 53% of Gilberts’ sales, at a typical $490K
116 homes sold in the year to May 2026.
typical sale · 62 sold in 12 months
- Per square foot
- $192IL $180
- Days to sell
- 63
- Sold over asking
- 32%
- Listings with a price cut
- 23%
Townhouses: 47 sold, typical $319K
Condos: 7 sold, typical $320K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
116 sales in the last year, against 178 in 2017 and a low of 96 in 2023. The typical sale went from $227K in 2016 to $407K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Gilberts
Check a listing against what Gilberts 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 Gilberts are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of Gilberts’ 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, 116 sales.
If you’re buying in Gilberts
- Shop in March. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
- Less room to haggle. Only 15% of listings cut their price, against 24% before the pandemic.
- Bid near asking. Buyers paid 99.3% of the list price on average; 32% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 59 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 21 a month), but May is the most competitive: 41% of May sales close over asking. December has the least competition (17%) but only about 5 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Illinois as a whole
| Gilberts now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 32% | 13% | 52% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 36% | 71% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 15% | 24% | 18% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.3% | 98.1% | 100.9% | 99.2% |
| Days to sellMedian days from listing to contract | 59 | 68 | 8 | 49 |
28 homes for sale on a typical day
That’s 2.2 times the 2021 low (13), 36% fewer than in 2017–19 and well under 2012’s 58.
1 in 7 listings has cut its price
15% in the last year, against 24% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 60%, condos 77%
A house typically sold for $490K in the last year (62 sales), a condo for $320K (7).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Gilberts ranks 234th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Gilberts is in the middle of the pack.
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 Gilberts home costs about $2,950 a month
Price: Gilberts’ typical sale, last 12 months. Property tax at Gilberts’ 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gilberts is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $407K home, about $9,910 a year.
Taxes vs. neighborsSchools
The schools grade for Gilberts, from test results, graduation and how much students grow.
Schools in GilbertsTypical commute
The average one-way trip to work for people who live in Gilberts.
Work & commuteCheck 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.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Gilberts, 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 | |
|---|---|---|---|---|---|
| Huntley | 634 | $410K | $218 | 31% | 55 |
| Algonquin | 443 | $418K | $198 | 34% | 64 |
| Pingree Grove | 301 | $355K | $197 | 22% | 64 |
| Carpentersville | 287 | $286K | $201 | 38% | 50 |
| Gilberts | 116 | $407K | $180 | 32% | 59 |
| West Dundee | 82 | $414K | $201 | 41% | 63 |
| Sleepy Hollow | 41 | $477K | $190 | 32% | 65 |
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 Gilberts, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gilberts. People who follow the town see it, and so do people comparing Gilberts with their own town. No commission, no listing fee.
Questions about buying a home in Gilberts
What do homes sell for in Gilberts, IL?
116 homes sold in the year to May 2026 at a typical $407K, $180 a square foot.
Is Gilberts a buyer’s or seller’s market?
A seller’s market: 25 homes were for sale in May 2026 and 10 sold, about 2.5 months of supply. Buyers paid 99.3% of asking on average, and 15% of listings cut their price.
When is the best time to buy in Gilberts?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Gilberts?
About 2.4% of a home’s value a year. On a $407K home that’s near $9,910.
Where can I see homes for sale in Gilberts?
Zillow, Redfin, Realtor.com and Homes.com all carry Gilberts’ MLS listings; the search links above open each one filtered to Gilberts.
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).