The housing market in Gilberts, IL is thriving. The median value of a house in Gilberts is $341,000, which is greater than the national median of $338,100. This suggests that Gilberts has been more successful at maintaining property values than the rest of the country. Additionally, the US 1 year house appreciation rate was 8.27%, while in Gilberts it was 9.73%. This higher rate further reflects positive trends in the housing market inGilberts and shows that it continues to be a desirable place to buy property.
The median home cost in Gilberts is $341,000. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Gilberts is up 12.6%.
Average Age of Homes
- The median age of Gilberts real estate is 13 years old
The Rental Market in Gilberts
- Renters make up 7.5% of the Gilberts population
- 0.0% of houses and apartments in Gilberts, 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.