The housing market in Gilbert, IA (zip code 50105) is strong and growing. The median value of a home is $274,800, which is significantly lower than the US house median value of $338,100. This lower cost of living makes Gilbert a desirable place to live for people looking for an affordable option. In addition to the lower cost of living, housing appreciation in Gilbert has been increasing at a higher rate than the US as a whole. Over the last year, house prices have increased by 10.80%, which is nearly double the US 1 year house appreciation rate of 8.27%. With such a positive outlook on housing prices in Gilbert, it’s no wonder why so many people are choosing to move there.
The median home cost in Gilbert (zip 50105) is $274,800. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Gilbert (zip 50105) is up 16.4%.
Average Age of Homes
- The median age of Gilbert (zip 50105) real estate is 36 years old
The Rental Market in Gilbert (zip 50105)
- Renters make up 24.3% of the Gilbert (zip 50105) population
- 0.0% of houses and apartments in Gilbert (zip 50105), 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.