Gilman, IA50106

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$242,000
8.3% YoY Growth
Median Household Income
$96,700
50.4% 5-Year Growth
Days on Market
19
52.0% Shorter than last year
Home Price Forecast
2.5%
Median Rent
$1,280
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,280
N/A

Property Listings — Gilman, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Gilman, IA is 19. This is a decrease of -52.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$220,0004.0%
Listing Count
460.0%
Listings as % of Homes1.0%60.0%
Days on Market
19-52.0%
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Demographics — Gilman, IA

As of the latest ACS Survey released in 2023, Gilman, IA has a population of 1,120, which has increased by 17.8% over the past 5 years. Gilman, IA is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,12017.8%
% Under 18
23.2%-10.4%
% Seniors
17.8%20.3%
% WFH
4.3%-54.3%
% w/ College Degree
19.8%2.1%
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As of the latest ACS Survey released in 2023, Gilman, IA is a predominantly white area, with 95.8% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Gilman, IA is hispanic, making up 2.6% of the population. Foreign-born residents account for 0.6% of the population in Gilman, IA, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.8%-0.4%
% Black
0.0%N/A
% Hispanic
2.6%-31.6%
% Asian
0.4%∞%
% Foreign Born
0.6%200.0%
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Mortgage and Risk — Gilman, IA

Gilman, IA lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Gilman, IA

Gilman, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
6.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$730
2 BedroomN/AN/A$880
3 Bedroom-$120$1,280$1,160
4 BedroomN/AN/A$1,240

Affordability — Gilman, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$242,000
Median Household Income$96,700

Gilman, IA — ZIP Code Boundary Map

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Frequently Asked Questions