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Foreclosure Auction Homes in Gilroy, CA

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Living in Gilroy, CA

Gilroy, CA, offers a unique combination of agricultural heritage and suburban living. Known for its garlic festivals and scenic beauty, it's an ideal place for families. The city enjoys convenient transportation and a variety of outdoor activities, making it a top choice for real estate investors.

Current Market Conditions in Gilroy, CA

The real estate market in Gilroy is competitive, with steady demand for residential properties. Prices have been rising gradually, reflecting the city's growing popularity among families and investors looking for more affordable housing options compared to nearby Silicon Valley.

A surge in new developments and a strong sense of community have contributed to the positive market trends. Investors can expect a balanced mix of rental opportunities and equity growth potential in the coming years.

Home Value Estimator For Gilroy, CA

There are currently 15,566 real estate properties in Gilroy, CA, with a median automated valuation model (AVM) price of $1,073,968.00. 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 $1,196,146.00, with the most expensive house in Gilroy, CA, topping out at $39,558,284.00 and the cheapest home in Gilroy, CA, clocking in at $153,145.00. 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 Foreclosure Auction Homes


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