Gilbertsville, NY is a great place to consider if you are looking for a new home. The median value of houses in the area is $177,100, which is much lower than the US median value of $338,100. That means buyers can get more house for their money in Gilbertsville. Additionally, the US housing appreciation rate over the last year was 8.27%, while Gilbertsville's rate was even higher at 8.92%. This indicates that now is an excellent time to buy in this area and that buyers are likely to see a return on their investment in years to come.
The median home cost in Gilbertsville is $177,100. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Gilbertsville is up 14.8%.
Average Age of Homes
- The median age of Gilbertsville real estate is 78 years old
The Rental Market in Gilbertsville
- Renters make up 24.2% of the Gilbertsville population
- 8.3% of houses and apartments in Gilbertsville, 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.