Housing in Gilman, IL is relatively inexpensive compared to the national median of $338,100. The median value of housing in Gilman is $109,000. In the last year, there has been an appreciation of 7.34% which is below the national rate of 8.27%. This shows that demand for houses in Gilman is not as high as other places in the U.S., making it an attractive place for those looking for a more affordable home.
The median home cost in Gilman is $109,000. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Gilman is up 15.4%.
Average Age of Homes
- The median age of Gilman real estate is 60 years old
The Rental Market in Gilman
- Renters make up 30.2% of the Gilman population
- 1.6% of houses and apartments in Gilman, 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.