Gilbert, MN Foreclosures
Current Market Conditions in in Gilbert, MN As of February 2026?
Over the past month, Gilbert's real estate market has reflected an increase in buyer interest, particularly in family-sized homes as families seek out the safety and community atmosphere that Gilbert offers. Home prices have seen a slight uptick, with average sale prices rising by about 5% compared to the previous month. Quick sales have been observed, with many homes receiving multiple offers within days of being listed, signaling strong demand.
How much do homes sell for in Gilbert, MN?
The average home price is currently $220,249.
What’s the average rental cost in Gilbert, MN?
The average rental price in Gilbert is $1,176.
What is the most expensive home in Gilbert?
The most expensive home sold in Gilbert had a price of $891,200.
What is currently the cheapest priced home in Gilbert, MN?
The cheapest home for sale in Gilbert is priced at $18,500.
Living in Gilbert, MN
Gilbert, MN is a quaint small town offering a perfect blend of peaceful living and natural beauty. Surrounded by lush parks and outdoor activities, residents enjoy a tight-knit community and rich local culture. With convenient access to essential amenities, Gilbert is an ideal place for families and outdoor enthusiasts.
Buyer vs Seller Market in Gilbert, MN
The current real estate market in Gilbert is showing signs of stability, with steady demand for housing in the area. Home prices have remained reasonable, attracting both first-time buyers and investors looking for potential rental opportunities. With a limited number of homes available, many properties are going under contract quickly, which signifies a healthy market condition.
In recent months, Gilbert has experienced consistent interest in residential properties, particularly single-family homes. As inventory remains low, potential buyers should be prepared for possible competitive bidding situations, making it essential to act swiftly when a desirable property becomes available.
Home Value Estimator For Gilbert, MN
There are currently 1,746 real estate properties
in Gilbert, MN,
with a median automated valuation model (AVM) price
of $178,998.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gilbert, MN, 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 Gilbert, MN,
is $220,249.00, with the most expensive house
in Gilbert, MN, topping out
at $891,200.00 and the cheapest home
in Gilbert, MN,
clocking in at $18,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gilbert, MN!
Rent Prices
In Gilbert, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gilbert, MN, is on
a rollercoaster ride. The
average rent price in Gilbert, MN,
is $1,176.00. Indeed, when looking to rent in
Gilbert, MN, you can expect to pay as little
as $430.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Gilbert, MN
-- 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.
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