Much like its surrounding areas, it is significantly less expensive compared to the US as a whole. Compared to the city of St. Louis, it's a lot less expensive.
Home prices
The median home value in Gillespie is $82,900. In comparison to its surrounding areas this is about $3,600 (4%) higher.It is about $134,600 (61%) lower in comparison to the country as a whole, and compared to the city of St. Louis it is about $55,800 (40%) lower.
Rents
Gillespie's median rent is $651 per month. This is about $102 (13%) lower compared to nearby areas.It is approximately $411 (38%) lower in comparison to the rest of the nation, and it is roughly $177 (21%) lower compared to the city of St. Louis.
Nearby places
East Gillespie
East Gillespie is Gillespie's neighbor to the north. Housing prices there are a bit more expensive. The median home in East Gillespie is valued at $115,000, which works out to $32,100 (27%) higher than Gillespie. Its rents are a little more expensive. East Gillespie's median rent is $820 a month, which comes out to $169 (20%) higher than Gillespie.
Mount Clare
Mount Clare is roughly 1 mile south from Gillespie. The real estate prices there are pretty similar. The median home value in Mount Clare is $79,000, which comes out to $3,900 (4%) lower than Gillespie. Rent there is a bit less expensive. The median rent in Mount Clare is $600 per month, which is $51 (8%) lower than Gillespie.
Benld
Benld is roughly 2 miles south of Gillespie. Real estate prices there are somewhat less expensive. The value of the median home in Benld is $67,500, which works out to $15,400 (22%) lower than Gillespie. Rent there is a little more expensive. Benld's median monthly rent is $740, which is $89 (12%) higher than Gillespie.
Sawyerville
Sawyerville is approximately 3 miles south from Gillespie. Real estate prices there are pretty similar. The median home in Sawyerville costs $79,400, which comes out to $3,500 (4%) lower than Gillespie. Rents there are somewhat more expensive. In Sawyerville the median rent is $841 per month, which is $190 (22%) higher than Gillespie.
Lake Ka-Ho
Lake Ka-Ho is about 3 miles southeast of Gillespie. Housing prices there are substantially less expensive. Lake Ka-Ho's median home cost is $55,600, which works out to $27,300 (49%) lower than Gillespie. Rent there is somewhat more expensive. Lake Ka-Ho's median monthly rent is $764, which comes out to $113 (14%) higher than Gillespie.