What Gilroy Condos for Sale Cost
Gilroy condos usually sell for less than single-family homes in town. According to MLS listing data, the average unit has about two bedrooms and 1,270 square feet. Larger and newer units cost more. Past sales do not guarantee future prices, so check the market report above for what's selling now.
Condos are a small slice of Gilroy's market. Houses far outnumber them, so only a handful are for sale at any one time. When the right unit shows up, it helps to have your loan approval ready. The mortgage calculator can give you a first look at a monthly payment. Add the HOA dues on top.
Older and Newer Gilroy Condo Complexes
Most Gilroy condos that come up for sale were built in the 1970s and 1980s. MLS records show these older units run from about 700 square feet for a one-bedroom to around 1,700 for a three-bedroom. They hold most of the lower-priced condo listings in town.
A newer group went up from 2021 to 2023. Many of these have three or four bedrooms and up to about 2,000 square feet, and they sit at the top of the condo price range. A few condos from the early and mid-2000s fall in between.
Pro Tip: Ask for the HOA's master insurance policy before you close, because it shows what the HOA covers and what your own condo policy has to cover.
HOA Dues on a Gilroy Condo
Gilroy condos come with an HOA and monthly dues. Dues often pay for the outside of the buildings, the grounds and shared insurance. Each complex is different. Compare what the dues pay for, not just the amount, and remember your lender counts the dues when it decides how much you qualify for.
Schools and Getting Around
Gilroy's public schools belong to Gilroy Unified School District, a K-12 unified district. Boundaries can change by street and by year, so check a condo's address with the district before you make an offer. GreatSchools posts ratings, but only the district decides which school serves a home. A quick call to the district settles it.
Downtown, the Gilroy Caltrain station sits at 7150 Monterey Street; Caltrain lists it as weekday commute service only. VTA Rapid 568 buses run between Gilroy and downtown San Jose. Walk Score gives a quick number for a street, but check the Caltrain and VTA schedules too. Service from Gilroy is limited.
Looking for a house instead? See Glen Loma Ranch, Hecker Pass and Eagle Ridge. For condos in other cities, try the condo search or the Advanced Search. Want help with an offer? Read Client Reviews or talk with a Silicon Valley realtor.
Gilroy Condos for Sale: Common Questions
How much do condos cost in Gilroy?
Condos are usually the lower-priced part of Gilroy's market. One-bedroom units in older complexes cost the least, and the newer three- and four-bedroom units cost the most. For what sold and for how much, open the Gilroy condo market report near the top of this page.
Are there new condos or townhomes in Gilroy?
Yes. Condos built from 2021 to 2023 have come on the market in Gilroy, many with three or four bedrooms and up to about 2,000 square feet. They sit at the top of the city's condo price range. Most other Gilroy condos date from the 1970s and 1980s.
Is a townhome in Gilroy the same as a condo?
Not always. A condo is a way of owning a home, while a townhome describes the building style. Sellers can list a townhome-style home as a condo in the MLS, so this page shows both types in one place. The preliminary title report and the HOA's CC&Rs show how you'd own it.
What should I read before buying a Gilroy condo?
Ask for the HOA's budget, reserve study, rules and recent board meeting minutes. Read them before you remove your contingencies. They show what the dues cover, how much money the HOA has saved for repairs, and whether the board has talked about a special assessment or a dues increase.
