The housing in Gilchrist, MN is quite impressive, with a median value of $381,700 that is significantly above the US median house value of $338,100. Over the past year, houses in Gilchrist have appreciated by 7.75%, slightly lower than the national average appreciation rate of 8.27%. This indicates that housing in this area is stable and increasing in value steadily over time. People looking to invest or purchase a home in Gilchrist will benefit from a strong market and excellent returns on their investment over time.
The median home cost in Gilchrist is $381,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Gilchrist is up 13.6%.
Average Age of Homes
- The median age of Gilchrist real estate is 44 years old
The Rental Market in Gilchrist
- Renters make up 3.2% of the Gilchrist population
- 0.0% of houses and apartments in Gilchrist, 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.