The housing market in Gilbert, LA (zip code 71336) is significantly lower than the US median value of $338,100. The median value for housing in Gilbert is estimated to be $126,600, a difference of $211,500 from the US median. Despite this gap in prices, the appreciation rate for housing in Gilbert has been relatively modest at 0.82%, compared to the national average of 8.27%. Therefore, while housing in Gilbert may be much more affordable than other areas throughout the country, potential homeowners should proceed with caution as appreciation rates are much lower than what might otherwise be expected.
The median home cost in Gilbert (zip 71336) is $126,600. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Gilbert (zip 71336) is up 8.6%.
Average Age of Homes
- The median age of Gilbert (zip 71336) real estate is 42 years old
The Rental Market in Gilbert (zip 71336)
- Renters make up 18.2% of the Gilbert (zip 71336) population
- 0.6% of houses and apartments in Gilbert (zip 71336), 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.