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Gilbert, IA—50105

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$322,000
4.6% YoY Growth
Household Income
$123,000
40.6% YoY Growth
Days on Market
83
101.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$750
48.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$750
6.7% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Gilbert, IA

As of Dec '25, the median home price in Gilbert, IA is $322,000, with a year-over-year change of 4.6%. This indicates that home prices in Gilbert, IA are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$322,0004.6%
Single Family $322,0004.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$292,0004.7%
    4 Bed
    		$359,0005.3%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    2.2%
    2 Bedrooms
    10.7%
    3 Bedrooms
    35.3%
    4 Bedrooms
    34.8%
    5+ Bedrooms
    16.7%

    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.

    TypeMedian RentAverage Rent
    Average Rent$750$750
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $750$750
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.9%
    1 Bedroom
    17.1%
    2 Bedrooms
    64.3%
    3 Bedrooms
    15.7%

    Property Listings — Gilbert, IA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Gilbert, IA is 65. This is a increase of 101.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$441,000-8.0%
    Listing Count
    		757.0%
    Listings as % of Homes1.6%57.0%
    Days on Market
    		83101.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		1,38044.9%
    % Under 18
    		26.1%-15.0%
    % Seniors
    		14.5%72.6%
    % WFH
    		12.0%445.5%
    % w/ College Degree
    		46.5%5.0%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$860
    2 Bedroom$200$750$950
    3 BedroomN/AN/A$1,330
    4 BedroomN/AN/A$1,600

    Affordability — Gilbert, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.3
    Median Home Price$322,000
    Median Household Income$123,000

    Gilbert, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    50248

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    50014

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    50010

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    Frequently Asked Questions