$1,603 Closing Credit*
$135,000
1,296 SqFt
2 Beds
•1 Full Bath, 1 Partial
Darcie Rae Novak, Listing Office: My Place Realty, Inc.
Housing Prices in Gilbert, MN
How much do homes in Gilbert, MN cost?
Median List Price
$279,000
$157/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$43,250(+18.3%)
Key Takeaway
The list price of homes in Gilbert has increased by 18.3% since last year.
Summary: The median home list price in Gilbert was $279,000 in October 2024, up 18.3% from the previous year, and the median price per square foot was $157.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $130K | -7.1% |
| 2 Bedrooms | $129K | $154.9K | +20.1% |
| 3 Bedrooms | $395K | $367K | -7.1% |
| 4 Bedrooms | $287.2K | - | N/A |
| 5+ Bedrooms | $224K | - | N/A |
Summary: Gilbert housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 20.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Biwabik Township | $139.9K | $275.5K | +96.9% |
| Fayal Township | $292K | $399K | +36.6% |
| Eveleth | $154.9K | $203K | +31.0% |
| Gilbert | $235.7K | $279K | +18.3% |
| Virginia | $132.4K | $141.4K | +6.8% |
Housing Supply in Gilbert, MN
How many homes are available in Gilbert, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Summary: The Gilbert real estate market had 13 homes for sale in October 2024, a 44.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gilbert housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Gilbert, MN
How long does it take to sell a home in Gilbert, MN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 202 Days | 52 Days | -74.3% |
Summary: Homes in Gilbert had an average listing age of 52 days in Oct 2024, down by 74.3% compared to the previous year.
