Gilman, CT Foreclosures
How much do homes sell for in Gilman, CT?
The average home price is currently $469,233.
In Gilman, CT, how many homes are available?
There are currently 148 active home listings available in Gilman.
What’s the average rental cost in Gilman, CT?
The average rental price in Gilman is $1,573.
What is the most expensive home in Gilman?
The most expensive home sold in Gilman had a price of $864,153.
What is currently the cheapest priced home in Gilman, CT?
The cheapest home for sale in Gilman is priced at $139,209.
Living in Gilman, CT
Gilman, CT, is a charming village within Norwich known for its peaceful settings and strong community ties. The area features beautiful landscapes, local amenities, and excellent schools, making it perfect for families. Enjoy outdoor activities and a tight-knit neighborhood atmosphere right by the scenic Connecticut River.
Current Market Conditions in Gilman, CT
The real estate market in Gilman remains stable, with a slight increase in demand for single-family homes. Buyers are attracted to the affordability compared to nearby urban areas, and the community's rising popularity indicates a growing interest in properties. The market is characterized by a mix of traditional homes and newer developments, catering to various buyer preferences.
As of late 2023, the Gilman real estate market has seen a moderate appreciation in home values, driven by the area's appeal and the accessibility from major highways. Listings have become slightly competitive, with homes selling within weeks of being listed. This shift suggests that now may be an opportune time for sellers to enter the market.
Home Value Estimator For Gilman, CT
There are currently 22 real estate properties
in Gilman, CT,
with a median automated valuation model (AVM) price
of $486,688.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gilman, CT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Gilman, CT,
is $469,233.00, with the most expensive house
in Gilman, CT, topping out
at $864,153.00 and the cheapest home
in Gilman, CT,
clocking in at $139,209.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gilman, CT!
Rent Prices
In Gilman, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gilman, CT, is on
a rollercoaster ride. The
average rent price in Gilman, CT,
is $1,573.00. Indeed, when looking to rent in
Gilman, CT, you can expect to pay as little
as $1,120.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,620.00. The good news is that finding
an affordable and desirable property to rent in Gilman, CT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
