Housing in 55741 Gilbert, MN is quite affordable with the median value being $143,600. This is much lower than the US House Median Value of $338,100. In the past year, the US House Appreciation rate was 8.27%, but in Gilbert it was even higher at 13.08%. This shows that housing in Gilbert is becoming more desirable and valuable over time, making it a great place to invest for potential homeowners.
The median home cost in Gilbert (zip 55741) is $143,600. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Gilbert (zip 55741) is up 13.2%.
Average Age of Homes
- The median age of Gilbert (zip 55741) real estate is 49 years old
The Rental Market in Gilbert (zip 55741)
- Renters make up 13.0% of the Gilbert (zip 55741) population
- 1.3% of houses and apartments in Gilbert (zip 55741), 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.