Gilby, ND Foreclosures
Current Market Conditions in in Gilby, ND As of March 2026?
In the past month, Gilby has shown an uptick in home listings, which has eased the pressure on prospective buyers somewhat. The average time on the market has decreased as buyers are actively pursuing homes and making competitive offers. Local real estate agents have noted an increase in inquiries from outside the area, suggesting that many are searching for a tranquil lifestyle away from larger cities. While the prices remain competitive, the recent additions of homes for sale are giving prospective buyers more options and could lead to a balancing of the market in the coming months.
How much do homes sell for in Gilby, ND?
The average home price is currently $190,758.
In Gilby, ND, how many homes are available?
There are currently 49 active home listings available in Gilby.
What’s the average rental cost in Gilby, ND?
The average rental price in Gilby is $915.
What is the most expensive home in Gilby?
The most expensive home sold in Gilby had a price of $905,072.
What is currently the cheapest priced home in Gilby, ND?
The cheapest home for sale in Gilby is priced at $35,657.
Living in Gilby, ND
Gilby, ND is a quaint and welcoming community with a strong agricultural background. Residents enjoy a close-knit atmosphere, comfortable living, and the beauty of North Dakota's open landscapes. The town is just a short drive from Grand Forks, providing ideal access to urban amenities while maintaining a peaceful, rural lifestyle.
Buyer vs Seller Market in Gilby, ND
Gilby's real estate market remains stable, reflecting a consistent demand for homes in small communities. The overall housing prices have seen gradual increases, with a notable interest from young families and retirees seeking a quiet place to live.
In recent months, the housing market has experienced a modest uptick in sales activity. With limited inventory, homes in Gilby are selling quickly, often at or above the listing price, indicating a seller's market. It's expected that this trend will continue as more people discover the charm of this rural town.
Home Value Estimator For Gilby, ND
There are currently 131 real estate properties
in Gilby, ND,
with a median automated valuation model (AVM) price
of $169,933.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gilby, ND, 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 Gilby, ND,
is $190,758.00, with the most expensive house
in Gilby, ND, topping out
at $905,072.00 and the cheapest home
in Gilby, ND,
clocking in at $35,657.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gilby, ND!
Rent Prices
In Gilby, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gilby, ND, is on
a rollercoaster ride. The
average rent price in Gilby, ND,
is $915.00. Indeed, when looking to rent in
Gilby, ND, you can expect to pay as little
as $460.00 or as much
as $1,310.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Gilby, ND
-- 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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