Market Overview
Home Prices in Gill, MA
The median home value in Gill, MA is $383,037 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gill are priced7% below average. Gill is part of the Springfield, MA metro area.
Over the past five years, Gill home values have risen by approximately26.9%, reflecting strong long-term appreciation in this market.
Price History
Gill Home Price Trend
City Comparison
Gill vs. National Median
At $383,037, homes in Gill cost 7% below the national median of $410,000. This makes Gill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gill?
20% Down Payment
$76,607
on $383,037
Monthly P&I
$1,998/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,537/mo
incl. taxes & insurance
Income Needed
$101,480
gross annual (30% rule)
10% Down Option
$38,304
+ PMI applies
Loan Amount (20% dn)
$306,430
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gill, MA?
The median home value in Gill is $383,037 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Gill?
Over the past year, home values in Gill have increased by 1.5%. Over five years, prices have risen approximately 26.9%.
How much do I need to earn to buy a home in Gill?
To comfortably afford the median home price of $383,037 with a 20% down payment ($76,607) at today's rates (6.8%), you'd need a gross annual income of approximately $101,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Gill compare to the national average home price?
The national median home value is approximately $410,000. At $383,037, homes in Gill are 7% below the national average.
What metro area is Gill part of?
Gill is part of the Springfield, MA metropolitan area. Home prices and market conditions can vary across the broader metro region.