Living in Gilman, IA
Gilman, Iowa is a charming small town that offers a close-knit community and a serene environment. The town boasts friendly neighbors, local businesses, and beautiful parks. With great schools and a variety of outdoor activities, Gilman is ideal for families and individuals seeking a tranquil lifestyle.
Current Market Conditions in Gilman, IA
The real estate market in Gilman is currently stable, with a mix of affordable homes and picturesque properties appealing to various buyers. Prices are generally lower than in larger urban areas, making it an attractive option for first-time buyers and investors looking to manage rental properties.
There is a growing interest in the community, especially among retirees and families seeking a quieter lifestyle. Consequently, future developments are anticipated, which may further increase property values, making this an opportune time for investment.
Home Value Estimator For Gilman, IA
There are currently 667 real estate properties
in Gilman, IA,
with a median automated valuation model (AVM) price
of $144,334.00. 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, IA, 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, IA,
is $172,485.00, with the most expensive house
in Gilman, IA, topping out
at $1,545,000.00 and the cheapest home
in Gilman, IA,
clocking in at $14,752.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gilman, IA!
Rent Prices
In Gilman, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gilman, IA, is on
a rollercoaster ride. The
average rent price in Gilman, IA,
is $1,170.00. Indeed, when looking to rent in
Gilman, IA, you can expect to pay as little
as $760.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Gilman, IA
-- 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.
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