Gillett, PA 16925 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Gillett, PA—16925

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$177,000

4.0% YoY Growth

Household Income

$70,000

26.0% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

0.8%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Gillett, PA

As of Dec '25, the median home price in Gillett, PA is $177,000, with a year-over-year change of 4.0%. This indicates that home prices in Gillett, PA are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$177,000	4.0%
Single Family	$177,000	4.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Gillett, PA

Gillett, PA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

15.3%

2 Bedrooms

33.8%

3 Bedrooms

25.7%

4 Bedrooms

21.2%

5+ Bedrooms

4.1%

Property Listings — Gillett, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Gillett, PA is 58. This is a decrease of -2.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$332,000	49.0%
Listing Count	8	21.0%
Listings as % of Homes	0.4%	21.0%
Days on Market	62	-15.0%

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Demographics — Gillett, PA

As of the latest ACS Survey released in 2023, Gillett, PA has a population of 3,380, which has decreased by -3.3% over the past 5 years. Gillett, PA is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,380	-3.3%
% Under 18	24.2%	-11.7%
% Seniors	23.2%	24.1%
% WFH	6.1%	165.2%
% w/ College Degree	17.9%	35.6%

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As of the latest ACS Survey released in 2023, Gillett, PA is a predominantly white area, with 98.6% of the population identifying as white. The white population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Gillett, PA is asian, making up 0.3% of the population. Foreign-born residents account for 0.5% of the population in Gillett, PA, and this percentage has decreased by 75.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	98.6%	2.9%
% Black	0.0%	-100.0%
% Hispanic	0.0%	-100.0%
% Asian	0.3%	-82.4%
% Foreign Born	0.5%	-75.0%

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Mortgage and Risk — Gillett, PA

According to HUD data as of 2023, there were 50 mortgage originations in Gillett, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Gillett, PA. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	50
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Gillett, PA

Gillett, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	6
Total Units Section 8	6
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$800
2 Bedroom	N/A	N/A	$980
3 Bedroom	N/A	N/A	$1,250
4 Bedroom	N/A	N/A	$1,430

Gillett, PA—16925

Key Metrics at a Glance

Home Price Trends — Gillett, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gillett, PA

% of Rental Stock

Property Listings — Gillett, PA

Demographics — Gillett, PA

Race and Ethnicity

Mortgage and Risk — Gillett, PA

Mortgages

Rentals and Section 8 — Gillett, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Gillett, PA

Home Price to Income Ratio

Gillett, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Wellsburg, NY

Columbia Cross Roads, PA

Elmira, NY

Elmira, NY

Elmira, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$177,000
Median Household Income	$70,000

Gillett, PA—16925

Key Metrics at a Glance

Home Price Trends — Gillett, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gillett, PA

% of Rental Stock

Property Listings — Gillett, PA

Demographics — Gillett, PA

Race and Ethnicity

Mortgage and Risk — Gillett, PA

Mortgages

Rentals and Section 8 — Gillett, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Gillett, PA

Home Price to Income Ratio

Gillett, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Wellsburg, NY

Columbia Cross Roads, PA

Elmira, NY

Elmira, NY

Elmira, NY

Frequently Asked Questions

What is the average home price in Gillett, PA 16925?

How have home prices in Gillett, PA 16925 changed over the past year?

What is the home price projection for Gillett, PA 16925?

What are the demographics of Gillett, PA 16925?

How long does it take homes to sell in Gillett, PA 16925?

What is the average rent price in Gillett, PA 16925?