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Home values, rents and more in Gilbert, IA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$338,000
Metro: $277,000 · U.S.: $366,000
Home values, past year
+3.8%
Metro: +2.6% · U.S.: +1.2%
Population
1,381
ACS 2020–24
Median household income
$122,656
Metro: $73,127 · U.S.: $80,734
ZIP codes around Gilbert, IA, shaded by typical home valueGilbert50105
  • Under $290k
  • $290k–$300k
  • $300k–$310k
  • $310k–$320k
  • $320k+
  • No data
ZIP codes around Gilbert, IA, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Gilbert is outlined.

How Gilbert compares

The typical home in Gilbert, IA is worth about $338,000, according to the Zillow Home Value Index for September 2026. Home values in Gilbert are 22% above the typical value in the Ames metro area ($277,000) and 8% below the U.S. typical value ($366,000).

Over the past year, home values in Gilbert rose 3.8%, compared with +2.6% in the Ames metro area and +1.2% nationally.

The median household income is $122,656, against $73,127 in the Ames metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,381 people live in Gilbert (American Community Survey 2020–24).

Gilbert has the 4th-highest typical home value of the 18 cities in the Ames metro area and the 66th-highest of 770 in Iowa with Zillow figures.

Part of: Story County, IA · Ames metro area · Iowa

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Gilbert, IA

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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