Gillett, TX (78116) has experienced a 16.24% appreciation in median housing value over the past year, much higher than the national average of 8.27%. The housing median value in Gillett is currently $517,900, significantly higher than the US median value of $338,100. This appreciation indicates that real estate in Gillett is an attractive investment opportunity for those looking to purchase property in this area.
The median home cost in Gillett (zip 78116) is $517,900. Home appreciation the last 10 years has been 114.2%. Home Appreciation in Gillett (zip 78116) is up 19.4%.
Average Age of Homes
- The median age of Gillett (zip 78116) real estate is 41 years old
The Rental Market in Gillett (zip 78116)
- Renters make up 4.9% of the Gillett (zip 78116) population
- 0.0% of houses and apartments in Gillett (zip 78116), 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.