Housing in Gilmer, TX is an attractive option for those looking for a great value. The median house value in Gilmer is $169,000, much lower than the US median of $338,100. In addition to being more affordable than the national average, housing prices in Gilmer have appreciated by 14.75% over the past year, while the country overall has seen appreciation of only 8.27%. This makes Gilmer an ideal place to invest in real estate and take advantage of its growing market.
The median home cost in Gilmer is $169,000. Home appreciation the last 10 years has been 67.5%. Home Appreciation in Gilmer is up 20.4%.
Average Age of Homes
- The median age of Gilmer real estate is 45 years old
The Rental Market in Gilmer
- Renters make up 29.3% of the Gilmer population
- 4.0% of houses and apartments in Gilmer, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.