Eagle Ridge, Gilroy Housing Market · 2026

Data through Sep 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Eagle Ridge, Gilroy Market Snapshot

Eagle Ridge offers real opportunities for buyers right now:

Based on 8 homes sold in the 3 months ending September 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through September 2026

SalesWhat are homes selling for?
Median Sale Price
$1.49M
▼ Down 13.2% from September 2025
Down $225K from September 2025
Homes Sold
8
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,966/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,234
  • Property Tax$1,549
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
67 days
▲ 44 more days than in September 2025
Buyers have time to decide
Sale-to-List Ratio
98.8%
▲ Up from 98.2% in September 2025
Selling 1% below asking
% Sold Over Asking
12%
Only 12% sold above asking. Few bidding wars right now
Active Listings
12
▲ Up 193.4% from September 2025
About 4.4 months of supply. Plenty of options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Eagle Ridge.

Median Sale Price
Down 13.2% year-over-year in Eagle Ridge. Based on 8 sales in the last 3 months.
Homes Sold
33% more homes sold than a year ago in Eagle Ridge.
Total Monthly Payment
Estimated monthly cost is down 7% from a year ago in Eagle Ridge, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.4%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Eagle Ridge, Gilroy

Is now a good time to buy in Eagle Ridge, Gilroy?

Eagle Ridge, Gilroy is a buyer's market. Extended market times, price reductions, and motivated sellers give buyers strong negotiating leverage. Well-structured offers below asking can succeed here.

How do Eagle Ridge, Gilroy home prices compare to the Bay Area average?

At $1.49M, Eagle Ridge, Gilroy's median sits about 16% below the Bay Area average of $1.77M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Eagle Ridge, Gilroy is one of the more accessible corners of the Bay Area.

Within Gilroy, this area trades about 38% above the city-wide median of $1.07M.

How competitive is Eagle Ridge, Gilroy for buyers?

Eagle Ridge, Gilroy is a buyer's market:

  • Homes sell about 1% below asking on average
  • 12% close above list price
  • 67 days typical time to go pending
  • 56% of listings have had a price reduction

Buyer strategy: well-structured offers below asking can succeed here.

What will my total monthly cost be on a median-priced Eagle Ridge, Gilroy home?

At $1.49M with 20% down at 7.4%, your estimated total monthly cost is approximately $9,966:

  • $8,234 principal and interest
  • $1,549 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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