Is Gilbert, PA 18331 a buyer’s or seller’s market?
Gilbert is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Gilbert housing market right now
In the three months ending August 31, 2026, 0% of homes in Gilbert, PA 18331 sold above their list price, the typical home went under contract in 80 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (4 days then) and the median sale price rose 27% to $231,825. Overall, Gilbert is less competitive than a year ago, which gives buyers more room.
Within Monroe County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sciota 18354 (50% sold over asking) and Scotrun 18355 (50% sold over asking) are even more competitive.
Run the numbers for 18331
Nearby markets
Bartonsville 18321Buyer’s market $153 /sq ftBlakeslee 18610Balanced $180 /sq ftBrodheadsville 18322Seller’s market $202 /sq ftBuck Hill Falls 18323Buyer’s market $224 /sq ft Browse all markets →Where Gilbert is
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Questions about Gilbert real estate
Is Gilbert a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Gilbert, PA 18331 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gilbert?
The typical home went under contract in 80 days in the latest three months.
Do homes in Gilbert sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Gilbert?
About 1.66% of a home’s value a year in Monroe County, or roughly $6,640 on a $400,000 home.
What is the median home price in Gilbert?
The median sale price was $231,825 in the three months ending August 31, 2026, about $193 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology