Home prices
The cost of the median home in Gilbertsville is $132,800. Compared to its surrounding areas it is about $19,660 (17%) higher.Compared to the entire nation it is roughly $84,700 (38%) lower, and is about $38,400 (40%) higher in comparison to the city of Syracuse.
Rents
The median rent in Gilbertsville is $675 per month. In comparison to other places in this area it is approximately $17 (2%) lower.It is about $387 (36%) lower in comparison to the nation as a whole, and it is approximately $139 (17%) lower compared to the city of Syracuse.
Nearby places
Morris
Morris is roughly 6 miles northeast from Gilbertsville. The housing prices there are a little less expensive. The value of the median home in Morris is $104,400, which is $28,400 (27%) lower than Gilbertsville. Rents there are pretty similar. In Morris the median rent is $668 a month, which works out to $7 (1%) lower than Gilbertsville.
Otego
Otego is about 7 miles southeast from Gilbertsville. The real estate prices there are somewhat more expensive. The median home in Otego is valued at $140,700, which comes out to $7,900 (5%) higher than Gilbertsville. Rent there is pretty similar. In Otego the median monthly rent is $670, which is very similar to Gilbertsville.
Unadilla
Unadilla is roughly 9 miles south of Gilbertsville. Its real estate prices are substantially less expensive. The median home in Unadilla costs $87,800, which comes out to $45,000 (51%) lower than Gilbertsville. The rent there is somewhat more expensive. In Unadilla the median monthly rent is $714, which works out to $39 (5%) higher than Gilbertsville.
Norwich
Norwich is roughly 9 miles northwest of Gilbertsville. Its real estate prices are significantly less expensive. The median home price in Norwich is $93,800, which comes out to $39,000 (41%) lower than Gilbertsville. Its rents are fairly similar. Norwich's median monthly rent is $707, which is $32 (4%) higher than Gilbertsville.
West End
West End is approximately 9 miles east from Gilbertsville. Its housing prices are fairly similar. The median home value in West End is $139,000, which works out to $6,200 (4%) higher than Gilbertsville. Rents there are fairly similar. The median rent in West End is $699 per month, which comes out to $24 (3%) higher than Gilbertsville.