Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 5,508, 2,119 total housing units (homes and apartments), and a median house value of $473,086, Gilbertsville real estate is some of the most expensive in Pennsylvania, although Gilbertsville home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Gilbertsville, accounting for 78.39% of the town's housing units. Other types of housing that are prevalent in Gilbertsville include large apartment complexes or high rise apartments ( 12.06%), row houses and other attached homes ( 4.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.68%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gilbertsville. Owner-occupied housing accounts for 78.95% of Gilbertsville's homes, and 73.14% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Gilbertsville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Gilbertsville built between 1940-1969 ( 22.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.61%). There's also some housing in Gilbertsville built before 1939 ( 5.06%).
Real estate appreciation rates in Gilbertsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.09% during the period.
NeighborhoodScout's data show that during the latest twelve months, Gilbertsville's appreciation rate, at 6.75%, has been at or slightly above the national average. In the latest quarter, Gilbertsville's appreciation rate has been 1.44%, which annualizes to a rate of 5.90%.
Relative to Pennsylvania, our data show that Gilbertsville's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.
$473,086
for Pennsylvania
for nation
2,119
$1,900 / per month