The housing market in Gifford, IL is a great investment option for potential home buyers. The median value of homes in Gifford is $168,200 which is much lower than the US median value of $338,100. Despite the lower price point, the one year appreciation rate in Gifford is 8.72%, slightly higher than the US one year appreciation rate of 8.27%. This indicates a healthy and growing real estate market in Gifford that will provide good returns on investment for home buyers.
The median home cost in Gifford is $168,200. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Gifford is up 14.5%.
Average Age of Homes
- The median age of Gifford real estate is 42 years old
The Rental Market in Gifford
- Renters make up 11.2% of the Gifford population
- 0.0% of houses and apartments in Gifford, 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.