Foreclosure Homes in Gilroy, CA 95020

Current Market Conditions in Gilroy, CA

The real estate market in Gilroy has been experiencing steady growth over the past year, with an increase in demand for single-family homes due to its family-friendly environment and expanding amenities. The average home sale price has been on the rise as more buyers look to settle down in this affordable yet rapidly growing area of Santa Clara County.

Recent trends indicate that homes in Gilroy are selling faster than in previous years, reflecting the increasing desirability of the city. With the ongoing development of local infrastructure and community facilities, Gilroy remains an attractive option for first-time homebuyers and families seeking a good quality of life.

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.