The housing market in Gilead, MI is strong. The median value of homes in the area is currently $229,600 - significantly lower than the national median of $338,100. Despite this discrepancy, the housing market in Gilead has experienced a greater one year appreciation rate at 10.54%, compared to 8.27% nationally. This indicates that real estate prices are rising quickly and could provide a great opportunity for potential homeowners or investors looking to purchase in the area.
The median home cost in Gilead is $229,600. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Gilead is up 14.9%.
Average Age of Homes
- The median age of Gilead real estate is 46 years old
The Rental Market in Gilead
- Renters make up 4.2% of the Gilead population
- 0.0% of houses and apartments in Gilead, 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.