Is Gilbert, SC 29054 a buyer’s or seller’s market?
Gilbert is a seller’s market. With about 2.7 months of supply and 16% 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.
More competitive than 41% of U.S. ZIP codes, and #26 of 191 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gilbert housing market right now
In the three months ending August 31, 2026, 16% of homes in Gilbert, SC 29054 sold above their list price, the typical home went under contract in 63 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 106 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold more slowly (40 days then) and the median sale price rose 14% to $299,860. Overall, Gilbert is less competitive than a year ago, which gives buyers more room.
Within Lexington County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Gilbert ranks #26 of 191 SC ZIP codes with enough sales (score 42 out of 100).
Nearby, buyers who want less competition could look at Leesville 29070 (6% sold over asking) or Cayce 29033 (7% sold over asking), while West Columbia 29170 (30% sold over asking) and Pelion 29123 (25% sold over asking) are even more competitive.
Run the numbers for 29054
Nearby markets
Cayce 29033Seller’s market $167 /sq ftChapin 29036Seller’s market $162 /sq ftColumbia 29212Seller’s market $149 /sq ftGaston 29053Balanced $140 /sq ft Browse all markets →Towns like Gilbert nearby
Find towns like Gilbert in other states →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 2.7 months of supply in Gilbert, SC 29054 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 63 days in the latest three months.
Do homes in Gilbert sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Gilbert?
About 0.49% of a home’s value a year in Lexington County, or roughly $1,960 on a $400,000 home.
What is the median home price in Gilbert?
The median sale price was $299,860 in the three months ending August 31, 2026, about $177 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