Gilroy Housing Market Report – June 2026
Here's a look at how the Gilroy, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 46
- Median Sale Price: $1,100,000
- Average Sale Price: $1,325,900
- Average Price Per Sq Ft: $544
- Average Days on Market: 57
- Sale-to-List Price Ratio: 101.2%
Month-Over-Month Trends
Compared to May, the median sale price in Gilroy moved 7.9% down (from $1,195,000 to $1,100,000). The number of homes sold was 12.2% up compared to the prior month (41 vs. 46). Average days on market shifted 6.6% down (61 days to 57 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 6.6% down (from $1,178,000 to $1,100,000). Sales volume is 12.2% up year-over-year.
What This Means
Gilroy's housing market is showing mixed signals as we head into summer. The median price dipped 7.9% month-over-month to $1.1 million, continuing a modest downward trend from a year ago. However, homes are moving faster—down to 57 days on market from 61 last month—and sellers are still getting strong offers at 101.2% of list price. This suggests there's genuine buyer interest despite the price softness, likely driven by seasonal demand and possible shifts in buyer confidence as interest rates stabilize.
The uptick in sales volume is encouraging, though it's worth noting that prior months may have had incomplete data, so the year-over-year comparison should be taken with a grain of salt. What's more telling is that active inventory sits at 156 listings with a median asking price of $1.2 million—about $100,000 above what homes actually sold for. This gap hints that some sellers may still be pricing optimistically.
Overall, Gilroy feels like a balanced market in transition. Prices are moderating, which could attract budget-conscious buyers, but the quick absorption rate and strong sale-to-list ratios show the area remains desirable. For sellers, it's still a decent time to list, though aggressive pricing won't fly.
Gilroy Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95020 | 46 | $1,100,000 | $544 | 57 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 38 | $1,100,000 | $569 |
| TOWNHOMES | 3 | $649,000 | $440 |
| MULTI_FAMILY | 2 | $2,604,750 | $418 |
| OTHER | 2 | $640,000 | $239 |
| FARM | 1 | $1,750,000 | $469 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 2 |
| $500K - $749K | 4 |
| $750K+ | 40 |
Current Active Listings
As of this report, there are 156 active listings in Gilroy with a median asking price of $1,200,000 and an average of 142 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.
Thinking of selling in Gilroy? Get a cash offer.
Takes about 30 seconds. No obligation.