The housing market in Gilmer, WV County is performing well compared to the national average. The median value of homes in Gilmer County is $103,500, which is significantly lower than the national median value of $338,100. Over the last year, homes in Gilmer County have increased in value by 10.65%, which is higher than the national appreciation rate of 8.27%. This suggests that people looking to buy a home in Gilmer County will benefit from strong returns on their investments over time.
The median home cost in Gilmer County is $103,500. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Gilmer County is up 12.0%.
Average Age of Homes
- The median age of Gilmer County real estate is 42 years old
The Rental Market in Gilmer County
- Renters make up 18.2% of the Gilmer County population
- 0.9% of houses and apartments in Gilmer County, 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.