Gilman, WI54433

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$199,000
3.2% YoY Growth
Median Household Income
$62,500
26.4% 5-Year Growth
Days on Market
156
158.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$975
N/A
1-Bed Rent
$850
N/A
2-Bed Rent
$975
N/A
3-Bed Rent
N/A
N/A

Property Listings — Gilman, WI

As of Oct '25, Realtor.com reports that the median days on market for a home in Gilman, WI is 156. This is a increase of 158.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$232,0005.0%
Listing Count
9100.0%
Listings as % of Homes0.2%100.0%
Days on Market
156158.0%
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Demographics — Gilman, WI

As of the latest ACS Survey released in 2023, Gilman, WI has a population of 1,790, which has decreased by -2.4% over the past 5 years. Gilman, WI is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,790-2.4%
% Under 18
22.4%-10.0%
% Seniors
21.0%-1.9%
% WFH
9.5%-34.9%
% w/ College Degree
17.0%26.9%
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As of the latest ACS Survey released in 2023, Gilman, WI is a predominantly white area, with 97.5% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Gilman, WI is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.9% of the population in Gilman, WI, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.5%-1.0%
% Black
0.0%N/A
% Hispanic
1.2%300.0%
% Asian
0.0%N/A
% Foreign Born
0.9%12.5%
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Mortgage and Risk — Gilman, WI

According to HUD data as of 2023, there were 44 mortgage originations in Gilman, WI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Gilman, WI. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
44
% Conventional Loans
95.0%
% Government Loans
5.0%
% Investor Loans
0.0%
% Second Loans
7.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Gilman, WI

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

Section 8 Market Size

Total Units under HUD
29
Total Units Section 8
29
% Rentals under Section 8
26.0%
% Occupied Section 8
89.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$100$850$750
2 Bedroom-$35$975$940
3 BedroomN/AN/A$1,290
4 BedroomN/AN/A$1,560

Affordability — Gilman, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$199,000
Median Household Income$62,500

Gilman, WI — ZIP Code Boundary Map

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Frequently Asked Questions