The housing market in Gilmore City, IA is slowly but surely appreciating at a rate of 9.93% over the past year. The median value of homes in Gilmore City is currently $61,700, which is significantly lower than the United States median house price of $338,100. Despite this difference, there has been an increase in housing prices over the past year that has outpaced the national average appreciation rate of 8.27%.
The median home cost in Gilmore City is $61,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Gilmore City is up 14.4%.
Average Age of Homes
- The median age of Gilmore City real estate is 78 years old
The Rental Market in Gilmore City
- Renters make up 20.4% of the Gilmore City population
- 2.2% of houses and apartments in Gilmore City, 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.