Is Gilberts, IL 60136 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Gilberts is a seller’s market. With about 1.8 months of supply and 35% 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.

Competition score67/ 100

More competitive than 70% of U.S. ZIP codes, and #233 of 464 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

Months of supply1.8Under 4 months = seller’s market
Sold above original list35.3%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$191▲ +5.8% vs. last year

The Gilberts housing market right now

In the three months ending August 31, 2026, 35% of homes in Gilberts, IL 60136 sold above their list price, the typical home went under contract in 52 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 45%, homes sold about as fast and the median sale price rose 1% to $385,333. Overall, Gilberts is less competitive than a year ago, which gives buyers more room.

Within Kane County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Gilberts ranks #233 of 464 IL ZIP codes with enough sales (score 67 out of 100).

Nearby, buyers who want less competition could look at Hampshire 60140 (32% sold over asking) or Elgin 60124 (33% sold over asking), while Carpentersville 60110 (60% sold over asking) and Saint Charles 60174 (52% sold over asking) are even more competitive.

Nearby markets

Aurora 60505Seller’s market $211 /sq ftAurora 60506Seller’s market $211 /sq ftBatavia 60510Seller’s market $237 /sq ftBig Rock 60511Seller’s market $172 /sq ft Browse all markets →

Where Gilberts is

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Questions about Gilberts real estate

Is Gilberts a buyer’s or seller’s market?

A seller’s market: there were 1.8 months of supply in Gilberts, IL 60136 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 Gilberts?

The typical home went under contract in 52 days in the latest three months.

Do homes in Gilberts sell over asking?

35% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.

What are property taxes in Gilberts?

About 2.26% of a home’s value a year in Kane County, or roughly $9,040 on a $400,000 home.

What is the median home price in Gilberts?

The median sale price was $385,333 in the three months ending August 31, 2026, about $191 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