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Single-family Foreclosures in Gilman, CT

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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 155 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 serene village nestled in Norwich, offering a rural lifestyle with a strong sense of community. Residents enjoy beautiful natural surroundings, quality schools, and convenient access to urban amenities. It's an ideal place for families or anyone seeking tranquility without sacrificing accessibility.

Current Market Conditions in Gilman, CT

The real estate market in Gilman is currently experiencing stable conditions, with a slight increase in demand as more people seek out quieter living spaces away from bustling urban centers. Homes in the area are attracting buyers looking for value, particularly those interested in single-family residences and charming cottages.

There is a growing trend towards home renovations and upgrades, as new homeowners invest in modernizing properties while retaining their character. This trend is contributing to increasing property values, although the market remains relatively affordable compared to larger cities.

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.

Gilman, CT Single-family Homes


Market Trend for Gilman, CT

Total Listings Available: 155

Market Values:

Home Prices from $139,209 to $864,153

Average Sales Price: $469,233

Rental Values:

Rental from $1,120 to $1,950

Average Rent Value: $1,573 / month

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