The housing market in 95020 Gilroy, CA is currently very strong. According to the data provided, the median value of a home in this area is $979,600 which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate for 95020 Gilroy is 7.64% which is lower than the US average of 8.27%. This indicates that there may be some stability and overall growth in home values in this area over time. As such, it may be a great time to invest in 95020 Gilroy if you are looking for an area with potential for long term appreciation.
The median home cost in Gilroy (zip 95020) is $979,600. Home appreciation the last 10 years has been 105.8%. Home Appreciation in Gilroy (zip 95020) is up 11.9%.
Average Age of Homes
- The median age of Gilroy (zip 95020) real estate is 35 years old
The Rental Market in Gilroy (zip 95020)
- Renters make up 38.4% of the Gilroy (zip 95020) population
- 0.9% of houses and apartments in Gilroy (zip 95020), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.