Gillette, WY is a great place to live in terms of housing. The median value of homes in Gillette is $296,800, which is significantly lower than the US House Median Value of $338,100. Despite being lower than the national average, the value of homes in Gillette have appreciated greatly over the past year at 11.08%, higher than the United States' 1 year house appreciation rate of 8.27%. This shows that real estate in Gillette is a good investment and it continues to increase in value year-over-year.
The median home cost in Gillette is $296,800. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Gillette is up 16.7%.
Average Age of Homes
- The median age of Gillette real estate is 27 years old
The Rental Market in Gillette
- Renters make up 27.6% of the Gillette population
- 8.4% of houses and apartments in Gillette, 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.