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Foreclosures in Gilroy, CA 95035

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Gilroy, CA Foreclosures

How much do homes sell for in Gilroy, CA?
The average home price is currently $1,168,458.
In Gilroy, CA, how many homes are available?
There are currently 50 active home listings available in Gilroy.
What’s the average rental cost in Gilroy, CA?
The average rental price in Gilroy is $2,748.
What is the most expensive home in Gilroy?
The most expensive home sold in Gilroy had a price of $37,900,420.
What is currently the cheapest priced home in Gilroy, CA?
The cheapest home for sale in Gilroy is priced at $149,450.

Living in Gilroy, CA

Gilroy, CA is a charming city known for its garlic production and vibrant community spirit. Nestled in the scenic South Bay, it offers a mix of rural charm and suburban amenities, making it an ideal place for families. With ample outdoor activities and local events throughout the year, Gilroy provides a welcoming environment for all.

Current Market Conditions in Gilroy, CA

Gilroy's real estate market has remained steady with a healthy mix of single-family homes and condominiums, catering to first-time buyers and investors alike. The city's close proximity to Silicon Valley continues to attract homebuyers seeking affordable options compared to nearby areas, contributing to a steady appreciation in home values.

As of late 2023, the average home price in Gilroy hovers around $800,000, reflecting a moderate increase from previous years. The demand for homes in the area remains strong due to the expansion of commercial ventures and the development of new housing communities.

Home Value Estimator For Gilroy, CA

There are currently 15,570 real estate properties in Gilroy, CA, with a median automated valuation model (AVM) price of $1,045,352.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gilroy, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gilroy, CA, is $1,168,458.00, with the most expensive house in Gilroy, CA, topping out at $37,900,420.00 and the cheapest home in Gilroy, CA, clocking in at $149,450.00. In other words, there’s something for every potential homebuyer or savvy investor in Gilroy, CA!

Rent Prices In Gilroy, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gilroy, CA, is on a rollercoaster ride. The average rent price in Gilroy, CA, is $2,748.00. Indeed, when looking to rent in Gilroy, CA, you can expect to pay as little as $1,230.00 or as much as $5,450.00, with the average rent median estimated to be $2,660.00. The good news is that finding an affordable and desirable property to rent in Gilroy, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gilroy, CA 95035 Foreclosures

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