The housing in Gilpin, PA is quite attractive from an investment perspective. The median value of homes in the area is $168,400, which is significantly lower than the national median of $338,100. In addition to the lower cost of entry, homes in Gilpin have also appreciated faster than the national average over the past year, with a rate of 9.73%, compared to 8.27% nationally. This makes investing in housing in Gilpin a great choice for anyone looking for a good return on their investment.
The median home cost in Gilpin is $168,400. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Gilpin is up 10.4%.
Average Age of Homes
- The median age of Gilpin real estate is 60 years old
The Rental Market in Gilpin
- Renters make up 8.9% of the Gilpin population
- 0.0% of houses and apartments in Gilpin, 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.