The housing market in Gilmore, AR is thriving. The median value of homes there is $115,400, which is much lower than the US median value of $338,100. However, the last year has seen an impressive appreciation rate of 15.07%, which is substantially higher than the national average of 8.27%. This indicates that housing in Gilmore is in high demand and makes it a great place to invest in real estate.
The median home cost in Gilmore is $115,400. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Gilmore is up 17.9%.
Average Age of Homes
- The median age of Gilmore real estate is 37 years old
The Rental Market in Gilmore
- Renters make up 23.5% of the Gilmore population
- 0.0% of houses and apartments in Gilmore, 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.