The housing market in Gilbertsville, NY (13776) is encouraging for prospective homeowners. The median value of a home in the area is $165,900, which is significantly lower than the national median value of $338,100. Furthermore, over the past year, the appreciation rate of homes in Gilbertsville has been 8.92%, higher than the average national house appreciation rate of 8.27%. This makes Gilbertsville an attractive option for real estate investors and potential homeowners looking to purchase a home at a reasonable price and with strong returns on investment.
The median home cost in Gilbertsville (zip 13776) is $165,900. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Gilbertsville (zip 13776) is up 14.8%.
Average Age of Homes
- The median age of Gilbertsville (zip 13776) real estate is 78 years old
The Rental Market in Gilbertsville (zip 13776)
- Renters make up 19.8% of the Gilbertsville (zip 13776) population
- 5.6% of houses and apartments in Gilbertsville (zip 13776), 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.