Market Overview
Home Prices in Gilbert, WV
The median home value in Gilbert, WV is $87,277 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.1% compared to a year ago and down 9.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gilbert are priced79% below average.
Over the past five years, Gilbert home values have fallen by approximately10.0%, reflecting softening conditions in this market.
Price History
Gilbert Home Price Trend
2020
$72,546
$73K
—
2021
$96,972
$97K
+33.7%
2022
$103,419
$103K
+6.6%
2023
$98,198
$98K
-5.0%
2024
$96,324
$96K
-1.9%
2025
$87,176
$87K
-9.5%
2026
$87,277
$87K
+0.1%
City Comparison
Gilbert vs. National Median
🏠 Gilbert
$87,277
National Median
$410,000
At $87,277, homes in Gilbert cost 79% below the national median of $410,000. This makes Gilbert a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gilbert?
20% Down Payment
$17,455
on $87,277
Monthly P&I
$455/mo
30-yr @ 6.8%
Total Monthly Est.
~$578/mo
incl. taxes & insurance
Income Needed
$23,120
gross annual (30% rule)
10% Down Option
$8,728
+ PMI applies
Loan Amount (20% dn)
$69,822
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 Gilbert, WV?
The median home value in Gilbert is $87,277 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.1% year-over-year.
How much have home prices changed in Gilbert?
Over the past year, home values in Gilbert have increased by 0.1%. Over five years, prices have fallen approximately 10.0%.
How much do I need to earn to buy a home in Gilbert?
To comfortably afford the median home price of $87,277 with a 20% down payment ($17,455) at today's rates (6.8%), you'd need a gross annual income of approximately $23,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Gilbert compare to the national average home price?
The national median home value is approximately $410,000. At $87,277, homes in Gilbert are 79% below the national average.