Gilroy Housing Market Report – April 2026

Here's a look at how the Gilroy, CA real estate market performed in April 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 52
  • Median Sale Price: $1,085,000
  • Average Sale Price: $1,147,439
  • Average Price Per Sq Ft: $532
  • Average Days on Market: 59
  • Sale-to-List Price Ratio: 99.7%

Month-Over-Month Trends

Compared to March, the median sale price in Gilroy moved 1.9% up (from $1,064,873 to $1,085,000). The number of homes sold was 85.7% up compared to the prior month (28 vs. 52). Average days on market shifted 21.3% down (75 days to 59 days).

Year-Over-Year Comparison

Compared to April 2025, the median sale price is 2.8% up (from $1,055,000 to $1,085,000). Sales volume is 33.3% up year-over-year.

What This Means

Gilroy's housing market is firing on all cylinders this April, with sales volume nearly doubling from March and prices continuing their steady climb. The jump from 28 to 52 sales is significant and speaks to spring seasonality kicking in—buyers are back out after winter, and sellers are listing their homes. What's particularly striking is that homes are selling at 99.7% of list price, which indicates strong buyer demand relative to inventory. The median price of $1.085 million is up nearly 2% monthly and 2.8% year-over-year, suggesting the market still has upward momentum despite broader economic headwinds.

The real story here is efficiency. Days on market dropped by over 20% to just 59 days, meaning homes are moving faster than they were a month ago. Inventory sits at 154 active listings, which is healthy but not oversupplied—roughly three months of supply at current sales pace. The gap between median asking price and median sale price is minimal, showing a balanced negotiating position for sellers without the desperation you'd see in a true seller's market. For buyers in the South Valley, it's a competitive spring, but the market feels sustainable rather than frothy.

Gilroy Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
95020 52 $1,085,000 $532 59

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 45 $1,099,000 $554
CONDOS 2 $702,500 $441
MOBILE 2 $169,975 $204
TOWNHOMES 2 $744,943 $467
LAND 1 $640,000 N/A

Sales by Price Range

Price Range Homes Sold
Under $100K 1
$200K - $299K 1
$300K - $399K 1
$500K - $749K 4
$750K+ 45

Current Active Listings

As of this report, there are 154 active listings in Gilroy with a median asking price of $1,149,944 and an average of 120 days on market.

Thinking About Selling Your Gilroy Home?

If you're a homeowner in Gilroy considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Gilroy and throughout Santa Clara County — get a no-obligation cash offer today.