The housing in Gilby, ND is fairly affordable compared to the national average. The median value of a house in Gilby is $76,500 which is significantly lower than the US median value of $338,100. The appreciation rate for houses in Gilby over the past year has been 7.60%, which is slightly lower than the 8.27% nationwide appreciation rate over the same period. Despite this, people who purchase homes in Gilby can still benefit from an increase in their home's value from when they purchased it.
The median home cost in Gilby is $76,500. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Gilby is up 9.6%.
Average Age of Homes
- The median age of Gilby real estate is 64 years old
The Rental Market in Gilby
- Renters make up 20.0% of the Gilby population
- 2.9% of houses and apartments in Gilby, 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.