Zip 60938 (Gilman, IL) Housing

The housing market in 60938 Gilman, IL is slightly lower than the national average. The median value of houses in 60938 Gilman, IL is $107,800 compared to a national median value of $338,100. The appreciation rate in 60938 Gilman, IL for the past year was 7.34%, slightly lower than the US house appreciation rate of 8.27%. Overall, housing prices remain relatively steady and affordable in 60938 Gilman, IL despite being below the national average.

The median home cost in Gilman (zip 60938) is $107,800. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Gilman (zip 60938) is up 15.4%.

Average Age of Homes

- The median age of Gilman (zip 60938) real estate is 62 years old

The Rental Market in Gilman (zip 60938)

- Renters make up 30.3% of the Gilman (zip 60938) population
- 1.3% of houses and apartments in Gilman (zip 60938), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gilman, Illinois	United States
	893.0	139,647,020.0
	66	42
	$107,800	$338,100
	15.4%	16.6%
	42.7%	57.0%
	52.8%	101.1%
	$21.22	$10.98
	$2,358	$2,690
	65.6%	57.4%
	18.7%	11.2%
	15.7%	31.4%
Vacant Housing
	1.3%	1.9%
	1.5%	0.4%
	2.1%	0.7%
	1.0%	0.4%
	0.3%	3.6%
	12.4%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	3.2%	2.4%
	5.1%	2.8%
	11.6%	3.9%
	19.5%	4.5%
	39.2%	11.3%
	9.7%	13.0%
	7.0%	20.1%
	0.0%	13.6%
	1.7%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.3%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	7.2%	13.6%
	3.5%	13.2%
	13.2%	14.8%
	7.2%	13.6%
	18.1%	10.0%
	2.8%	4.7%
	37.9%	12.2%

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