Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gilmer area can be challenging. Home prices in Gilmer are now at a median cost of $172,661, lower than the Texas average of $235,268.
The average cost of rent is $877/mo in Gilmer, primarily driven by the current value of real estate in the Gilmer area. While nearly 52.95% of residents own their homes outright in Gilmer, 20.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gilmer is $4,981 per month. Households that rent pay about 17.61% of their income on rent here. Gilmer's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Enoch, TX: less expensive homes
- Delrose, TX: less expensive homes
- Bettie, TX: less expensive homes
- East Mountain, TX: less expensive homes
- Rosewood, TX: less expensive homes
- Latch, TX: equally priced homes
- Pritchett, TX: less expensive homes
- Ewell, TX: less expensive homes
- Big Sandy, TX: less expensive homes
- Brumley, TX: less expensive homes
Cities with Similar Populations
- Centerville, UT: higher priced homes
- Taylor, TX: higher priced homes
- Theodore, AL: higher priced homes
- Thompsons Station, TN: higher priced homes
- Collingswood, NJ: higher priced homes
- Clinton, TN: equally priced homes
- Clanton, AL: less expensive homes
- Chubbuck, ID: higher priced homes
- Chickasha, OK: less expensive homes
- Chatham, NJ: higher priced homes
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