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Market Intelligence · CA / Santa Clara County

Gilroy, CA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$1.04M1-yr changeUp1.0%

The typical home value in Gilroy, CA is $1.04M as of September 2026, up 1.0% from a year ago, based on the Zillow Home Value Index. In the typical Gilroy ZIP code, the median list price is $1.24M and homes spend a median of 56 days on market as of September 2026 (Realtor.com).

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The coverage

Gilroy, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.04M
1-yr changeMedian across Gilroy ZIPs
+1.0%
ZIP markets live2 tracked in Gilroy
1
County
Santa Clara County

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12-month value trend

+1.0% over 12 months

Typical home value in Gilroy over the last 12 months: $1.03M in Sep 2025 to $1.04M in Sep 2026 (+1.0%).

Sep 2025$1.03M

Sep 2026$1.04M

Median Zillow home value index across Gilroy's ZIP codes.

Context

In Gilroy, the typical home value stands at $1,043,769 as of September 2026, up 1.0% over the past year. There are 84 homes for sale, with 36 new listings added recently. The median list price is $1,238,475, while homes spend a median of 56 days on market. About 9.0% of listings have seen price cuts. If you're thinking about selling, the modest appreciation and moderate inventory suggest a balanced market where pricing and timing matter.

The numbers

What is the housing market like in Gilroy, CA?

Typical home value

$1.04M

Up1.0%YoY

Median list price

$1.24M

Days on market

56

Homes for sale

84

Price cuts

9.0%

New listings

36

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Gilroy's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Gilroy, CA home prices over time

Typical home values in Gilroy, CA are up 1.0% over the past year, from $1.03M in September 2025 to $1.04M in September 2026.

Typical home value in Gilroy, CA, September of each year
MonthTypical value1-yr change
September 2026$1,043,769+1.0%
September 2025$1,033,558No prior year

Typical value is the median Zillow Home Value Index across Gilroy ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Gilroy, CA a buyer's or seller's market?

Gilroy, CA leans toward a seller's market.

Relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 56 days on market and 9% of listings with a price cut in the typical Gilroy ZIP code, and 36 new listings against 84 active listings across Gilroy, as of September 2026 (Realtor.com).

The outlook

Gilroy housing market forecast 2027

+1.0%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Gilroy ZIP code, points to typical home values rising 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in Gilroy rose 1.0%, per the Zillow Home Value Index.

Will home prices drop in Gilroy?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Gilroy shows typical home values rising 1.0% by September 2027, after a 1.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Gilroy ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Gilroy?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Gilroy ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Gilroy, CA home prices.

How much is a home in Gilroy worth?

The typical home value in Gilroy is $1,043,769 as of September 2026, representing a 1.0% increase over the past year.

How long do homes stay on the market in Gilroy?

Homes in Gilroy spend a median of 56 days on the market as of September 2026.

How many homes are currently for sale in Gilroy?

There are 84 homes for sale in Gilroy as of September 2026, with 36 new listings added recently.

Are home prices going up or down in Gilroy, CA?

Typical home values in Gilroy, CA are up 1.0% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Gilroy, CA a buyer's or seller's market?

Gilroy, CA leans toward a seller's market. Relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 56 days on market and 9% of listings with a price cut in the typical Gilroy ZIP code, and 36 new listings against 84 active listings across Gilroy, as of September 2026 (Realtor.com).

Nearby markets

More California housing markets.

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