Housing in Gilbertown, AL is significantly less expensive than the national median value of $338,100. The median housing value in Gilbertown is only $91,800. While this lower cost makes homes more accessible to buyers, there has been a higher rate of appreciation for homes in Gilbertown over the past year at 14.92%, compared to the 8.27% national average. This could be an indicator of a strong housing market in Gilbertown and could indicate future growth potential for home buyers.
The median home cost in Gilbertown is $91,800. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Gilbertown is up 18.1%.
Average Age of Homes
- The median age of Gilbertown real estate is 33 years old
The Rental Market in Gilbertown
- Renters make up 21.5% of the Gilbertown population
- 0.0% of houses and apartments in Gilbertown, 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.