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Gilman, IA—50106

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$256,000
15.1% YoY Growth
Household Income
$96,700
50.4% YoY Growth
Days on Market
44
13.0% Longer YoY
Home Price Forecast
-0.2%
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Gilman, IA

As of May '26, the median home price in Gilman, IA is $256,000, with a year-over-year change of 15.1%. This indicates that home prices in Gilman, IA are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$256,00015.1%
Single Family $256,00014.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$202,0007.4%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    2.3%
    2 Bedrooms
    21.5%
    3 Bedrooms
    45.6%
    4 Bedrooms
    25.6%
    5+ Bedrooms
    4.9%

    Rental Trends — Gilman, IA

    Gilman, IA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,280$1,280
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,280$1,280
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    19.6%
    2 Bedrooms
    80.4%

    Property Listings — Gilman, IA

    As of May '26, Realtor.com reports that the median days on market for a home in Gilman, IA is 44. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$160,0003.0%
    Listing Count
    		689.0%
    Listings as % of Homes1.0%89.0%
    Days on Market
    		4413.0%
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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
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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$256,000
    Median Household Income$96,700

    Gilman, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Le Grand

    50142

    Laurel, IA

    50141

    Kellogg, IA

    50135

    Grinnell, IA

    50112

    Haverhill, IA

    50120

    Frequently Asked Questions