Gilbert, IA—50105
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gilbert, IA
As of Oct '25, the median home price in Gilbert, IA is $322,000, with a year-over-year change of 4.9%. This indicates that home prices in Gilbert, IA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | 4.9% |
| Single Family | $322,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $292,000 | 5.4% |
4 Bed | $359,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gilbert, IA
As of July '25, Rentcast reports the average rent in Gilbert, IA is $750, with a year-over-year rent change of -48.3%. Per bedroom, the median rent as of July '25 in Gilbert, IA is 2-bedrooms: $750. The most common rental property sizes in Gilbert, IA are 2-bedroom and 1-bedroom, accounting for 64.3% and 17.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $750 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gilbert, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gilbert, IA is 81. This is a increase of 107.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | 5.0% |
Listing Count | 8 | 214.0% |
| Listings as % of Homes | 1.6% | 214.0% |
Days on Market | 81 | 107.0% |
Demographics — Gilbert, IA
As of the latest ACS Survey released in 2023, Gilbert, IA has a population of 1,380, which has increased by 44.9% over the past 5 years. Gilbert, IA is a popular place for families, as children make up 26.1% of the population. The area has a highly educated workforce, with 46.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | 44.9% |
% Under 18 | 26.1% | -15.0% |
% Seniors | 14.5% | 72.6% |
% WFH | 12.0% | 445.5% |
% w/ College Degree | 46.5% | 5.0% |
As of the latest ACS Survey released in 2023, Gilbert, IA is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Gilbert, IA is asian, making up 3.2% of the population. Foreign-born residents account for 4.4% of the population in Gilbert, IA, and this percentage has increased by 83.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.3% | -7.4% |
% Black | 0.4% | -71.4% |
% Hispanic | 3.0% | -23.1% |
% Asian | 3.2% | 255.6% |
% Foreign Born | 4.4% | 83.3% |
Mortgage and Risk — Gilbert, IA
According to HUD data as of 2023, there were 39 mortgage originations in Gilbert, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Gilbert, IA. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Gilbert, IA
Gilbert, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | $200 | $750 | $950 |
| 3 Bedroom | N/A | N/A | $1,330 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Gilbert, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $322,000 |
| Median Household Income | $123,000 |