The housing market in Gillis, LA is quite affordable in comparison to the US median value at $79,600. Though the appreciation rate for housing in Gillis is lower than the US overall, 6.09% compared to 8.27%, it is still an up and coming area for those looking for affordable living. With more people moving into Gillis for its affordability, the housing market may see a further increase in appreciation rates.
The median home cost in Gillis is $79,600. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Gillis is up 11.0%.
Average Age of Homes
- The median age of Gillis real estate is 14 years old
The Rental Market in Gillis
- Renters make up 22.0% of the Gillis population
- 19.4% of houses and apartments in Gillis, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.