The housing market in Gilbert, IA is currently quite strong. The median value of a house in Gilbert, IA is $257,800, which is significantly lower than the US median at $338,100. This allows people to buy more house for their money in Gilbert compared to other areas across the country. In addition, the 1 year appreciation rate for housing in Gilbert is 10.80% compared to 8.27% across the US. This means that homes are increasing in value faster in Gilbert than elsewhere, making it an attractive investment option for buyers and sellers alike.
The median home cost in Gilbert is $257,800. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Gilbert is up 16.4%.
Average Age of Homes
- The median age of Gilbert real estate is 36 years old
The Rental Market in Gilbert
- Renters make up 20.8% of the Gilbert population
- 0.0% of houses and apartments in Gilbert, 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.